Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Would prefer the risk, November is a distance away, plenty of time for the can to be continued being kicked and kicked and kicked down the road.
Company at risk remember. Time is just as much a risk.
Unfortunately last RNS already say H1 2022, shows that whatever comes from the board of directors month is total bull.
Anyhow all the best for 2022.
5/10 and no more.
For those who dont think its all about China, its all Provexis report on, its all the eggs in the basket, the quicker the blue hat is given, very much the better, with sales down and still a six figure loss for the six months its needed.
Looking at results, although a improvement on the past going forward probably a couple of years at least until break even can be achieved.
Blue cap will help the cause but have no definite timeframe only probable months.
Not a top up price yet for me, but keeping a eye on in case it goes down to the .5 range.
Going concern
Attention is drawn to the disclosure in the annual financial statements on the going concern
assumptions (refer note 1 of the annual financial statements) noting that there is a material
uncertainty that may cast significant doubt on the Group’s ability to continue as a going concern and,
therefore, that the entity may be unable to realise its assets and discharge its liabilities in the normal
course of business.
The directors believe the company will be OK, but when did they last tell the truth.
The company under threat,not considered a going concern going forward, strong statement but I think we have all seen it coming.
From previous list upto 29th January 2021
TMM not listed so sell off must of being before that date.
Y He and MSP Capital hold same amount of shares from list to list.
List updated to as of 30 July 2021
91 group now not in top 10 had 3.5%
Barclays wealth in at ten with 2.02%
M&G off loaded to 9.77% from 12.4%.
Sent a couple of emails and phoned but no reply, to be fair I wasn’t persistent so can’t complain
to much.
Coal prices a big advantage, with new build costs being confirmed wonder if a interest on funding side is behind recent trades.
Clutching at straws a bit.
Is it not?
Uk, not done much sales wise.
Europe, much the same.
The America’s, nothing of note.
Africa, no
Of course it’s selling in all above, but such a great product which has been around for so long to be so far under the radar is a travesty.
These achievements facilitated the commencement of initiatives to secure the funds for the development of Phase 1 of the Makhado Project. This resulted in the IDC Credit Committee approving a $17.0 million term loan, the initial step in securing the $52 million required for the project and includes settlement of the existing IDC facility. Discussions with potential funders for the balance of the Phase 1 funding are ongoing and we anticipate that this process should be completed in Q4 CY2019, with construction commencing in Q1 CY2020.
Expecting a bullish RNS myself, with a surplus also to move on, may even be in black last quarter.
Nothing expected until H2
‘The equity portion of the funding package is expected to be completed in H2 CY2021.’
From RNS in March