Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
JR I disagree i'd say you are the "right type of opposition". In that your main point is you don't want salt water going into the sea.
Where i grew up there were several huge gas storage tanks that towered over the houses, this was the norm in towns and cities throughout the country ... yet in 2019 your chums are whining about underground storage away from residential housing!
The NIMBY seems to have evolved into a species of just wanting to stop any form of infrastructure, as they're either on a nice public sector pension or claiming social security money so they've too much time on their hands.
JR a quick google search shows the unions didnt want them to take it over as they were asset strippers with a short term interest who'd have laid many off.
https://www.newsletter.co.uk/business/harland-wolff-workers-fear-sun-may-set-on-shipyard-for-last-time-1-9022058
They are making it confrontational, as certain ones are absurd and are just out right weirdos.
They seem like a bunch of attention seekers looking for attention as opposed to having genuine concern.
Should these fools have been around a 250 years ago the industrial revolution would never have begun.
I just looked on twitter and put infa on there and clicked latest, have to say the anti infa brigade look as if they escaped from mental asylums, and there words just back this up.
Surely what happens on twitter has zero affect on the infa share price. The fact the MSM use it for news these days shows how dumbed down this nation has become.
Sooner people stop using this brainless website and others like it the better.
Its gone from 2p to 0.35 thats far more than a mini sell off.
JR does seem to have a point, this company seems to have its fingers in so many pies, that the main event seems to be constantly kicked into the future.
PeterLutton
I have not raised any nationalist views, so no need for false accusations to get a point across.
Your point being that private investors should be having their good money buying out a failed business.
As i said you i have worked there hence from a personal point of view i'd sooner it be kept open, but not if the money i have earned working there is to be lost investing in it. Comprende?
Jptop
You are an absolute fantasist with you "this will get government support".
Well maybe if Corbyn becomes PM.
Irony of someone buying shares in a private company then wishing for government support really does sum up the intellect of the average British citizen who seeks nanny state to take the down side.
Jptop7
What you are saying is contradicting what John Wood is clearly stating in the video as shown below.
https://twitter.com/qnewsdesk/status/1178978653415362561
But that fabrication business can surely only make a profit if there are rigs and ships getting serviced or built there.
Sadly they are not.
As i say ive done a bit of work there, from what i remember there are a few large fabshops, offices, and a canteen. With the exception of the slipways that is the shipyard.
And after watching that video it would seem Infrastrata have bought the lot.
Isn't the assets and the workers are in essence the shipyard?
The article in the Belfast Telegraph states they've bought Harland and Wollf.
https://www.belfasttelegraph.co.uk/business/northern-ireland/harland-and-wolff-saved-from-closure-as-infrastrata-snaps-up-belfast-shipyard-for-6m-38550347.html
At a time of infrastructure spending by global governments and military spending to rise it may well be a good time to own such a yard, but its certainly a strange and risky acquisition, for a company with no experience in this field.
I've worked there on an oil rig refurb a few years ago but Dolphin who serviced their own rigs there couldn't make a profit.
How do you know they are worth double?
Last century is awash with companies/people who have bought shipyards and lost a fortune.
Too add the directors with all the info to make an informed decision aren't buying at this price.
Buy some chrishutch, surely you dont need the backing off people on this forum.
But why does it have to go up from this level? surely it can go to nothing. IMO itll go up several times current price or to next to nothing within the next few months.
Someone spending more than a couple of percent of their wealth on INFA with the info available to the public, or a figure they're not too worried about losing is silly.
I done some research Snowman and bought last year on average at 0.39 putting approx 1.5% of my worldly wealth into this company. It does have the chance to be a big winner but it also has a good chance of going bankrupt in the near future. After what has gone on this year i see the former being more likely than the latter, but will hold as i like a gamble, and that is exactly what it is right now.
But you tell people to do their own research then all you contribute is complete and utter fabricated nonsense thus, and then you tell others not to talk crap.
There is no such thing as crashing out, that is simpleton speak.
It is £1.6 million a mere drop in the ocean, whilst i may dislike the EU if this sum is legally entitled to be handed over they will not be playing games.
Why is there endless conspiracy theories going on with the reason the share price of this company has tanked, as opposed to accepting realisations that the people running the company have not progressed as far as claimed up until this point in 2019. The only thing they manage to successfully do is dilute the outstanding shares.
Such enlightenment offered by Aunty as usual to people making valid comments.
Aunty that analogy is appalling, how can you compare someone selling 10 houses that metaphorically exist as opposed to 7 caverns that don't.
A bird in the hand is better than 2 in the bush is more apt.
What the RNS states is what was seemingly said last night, this saw the share price drop 12% which speaks volumes.
I will sleep on whether to continue with the all or nothing strategy.
I have to say that RNS is as clear as mud, its gone from "definitely to maybe" with offtakers, with a couple more ifs and maybes thrown in for good measure.
Now im not in a position to tell someone how to do their job, but imho surely it'd have been an idea to get the first 2 caverns "definitely" signed off then deal with the other 5 dealt with later, so the project is "definitely" moving forward.
I saw this company as a multi bagger or bust, but was quietly confident of the former being the case .... this RNS has changed that.