Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
On top of, probably the SP was artificially low due to the whole timescale of the process, the international coal sales will on paper make a conservative estimate of £10 million USD by end of December, ( if, and bit) if we sign an extension and coal prices stay stable we’re they are at could be £40 million+ next year possibly double on paper, but paper and real life are never the same. A hold for me waiting on official news and hopefully more gains.
I mentioned a while back that I didn’t know how the new management would do but they would get ‘rich’ trying.
I see our old acting CEO has 2.5% of the shares, not bad work if you can get it, especially when his Tenure was short and uninspiring.
Cap in hand to shareholders year after year, never in the ‘real world’ would a business survive like this does, big round of applause for those who have faith in this and keep giving, one day the money may return to those that have give so generously.
AIM Shares should come with a warning sticker, usually a early stage company’s full of promise but with a lot to do, after a time some people get frustrated and vent this, others get frustrated with the individual. While I still see promise here the blue cap is taking its time arriving and who knows if it will have the effect I hope, you don’t generally buy AIM shares for a divi or a ten/ twenty percentage gain, risk against reward means triple+ your investment, maybe 2023 will bring that.
Strange one that, don’t know cost to start up again,Uitkomst not biggest of mines so maybe trying to take advantage of coal prices,even with funding Makhado is a 9 months build so not instant.
The CPP at Makhado makes sense as a trek to vele and in long term frees up a mine and transport costs.