Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just wondering how the last 2 days have been with Nayan and Mike... I’ve got a mental image of Mike with his hands on his head looking at the figures and asking a barrage of questions before knocking on Gary’s office door... “Get him out now!” Good days ahead Amigos, we’re in the hands of proven professionals now.
A man can dream can’t he! ;-)
Realistically though the infrastructure is all there, the demand is going to be greater than ever very soon for this product. We’e now got a team in place that as far as I can see is every bit as capable as the founders (respect to JB and GC for their vision) so what’s stopping this share from eventually reaching the same demand that it originally had? Rhetorical question obviously...
What a fortunate coincidence that Glen bumped into this guy at Greggs at 7:01am yesterday morning and got chatting about money...
8.5p today maybe?
A global financial services CFO with extensive international experience in companies in both the UK and the US within investment management, pensions, and financial technology services including consumer finance and insurance.
Multiple years’ experience at board level with businesses listed on LSE (incl. AIM), NASDAQ, and NYSE. FCA and PRA Approved Person and SMCR functions in numerous entities.
Involvement in Capital Raising (Debt and Equity), M&A initiatives, Public Offerings and Private Equity transactions (exits and investments).
Successful turnaround experience – presented with the Institute for Turnarounds listed company of the year award for 2015/16.
Expertise in driving change management agendas, management information systems, finance transformation, and instituting best practices together with effective processes and controls.
Nayan’s “resignation” has been the topic of conversation here for the last 6 months or so, certainly since I bought in...
we’ve all been waiting for it, personally I bought more shares on the RNS this morning. I think if it wasn’t for the vaccine be released today, we may have been seeing above 7p tonight, but very happy with a solid SP rise and hope that it’s slow and steady from here.
Is that 3 days blue now?
Freedom4all... best just to say what you think... your subtlety may be lost on some here.
Your previous analogy of a sinking ship is wrong...
Having said that the ship was on course for a wreck. The course has been readjusted though. FCA relations are more positive with the new CEO and a line in the sand is being drawn up. Complaints are beginning to be challenged and perhaps more importantly the CMC’s who promote claiming against all good morals against a company that helped them out in their time of need are also being challenged..
This will end when the claims are better governed so that only genuine complaints are compensated... We’re all looking forwards to that time. You need to decide now which way that will go and take your position.
You’re right toonarmy that the long term holders on here should be positive about the product and future Share price. At the same time this along with countless other shares has been ramped and deramped to the point that many don’t even visit this site anymore. I for one like the fact that the long term holders are quite realistic in their expectations rather than spouting 2p or £2.
My personal investment in this share starts at 18.5p and I’m now at a 10.04p average. I’m happy with where the company is right now, feeling safe that it’s in the hands of GC now. He’s picks up the mantle at a tipping point and to my mind chosen the right path in working with what he has whilst steering the ship in the right direction. Lots more work to be done, but as has been said once resending, 20-30p will be easily achievable. There is a proven market for this product, and that market is growing fast with the economy where it’s headed. We seem to have forgotten the highs of this company. The only problem facing the SP is the claims culture that we live in. When the claims come to a stop and lending begins, which I feel GC will achieve with his experience and the right team that he’s putting together, is there any reason that this share won’t be at £2.50 plus in 4years time? My money’s here for the long term.
The fact that the liquidators are court appointed... Would this not mean that they are duty bound and incentivised to get the best returns? There’s no provision for selling to a mate or to recycle the assets directly into a new company.