Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
For me SSON just doesn't cut it anymore. I sold my holding last September which I have held since inception but have become increasingly disillusioned with it nof late.
It's nice to see something happening. We will however not be receiving any funds for years. I note Williams has messed up on the gas price per mwh at last. I suppose he didn't have any choice.
JD, you mention U.S. money ? Not a snowballs chance in hell imo.
well our 2 ****s have been in a position to sort it for a copla months.
i ask you, who is going to fund rathlin when thayre a 1 trick pony & in this political landscape ?
even if wn is drilled the jv's will have no choice but to sell as funds will be scarce meaning we become pretty much a forced seller. forget avout yhat c*** williams npv10 values, that's ******. i'd be happier to see him up against a wall facing a firing squad.
The buyback shares are held in treasury which is not returning value to shareholders.
Whilst I think we've thrown so much money at WN they'll give Rathlin the funds its not guaranteed.
How I hate these 2 shysters. The lack of information is just disgusting.
Itsawrap that's the problem isn't it. We have the cash, chuckle brothers want to keep hold of the cash to keep the co. going so they can keep paying themselves their exorbitant salaries. Remember them talking about returning £4m to shareholders ? Pmsl, not a chance imo.
I'm not a fan of CS, nor the fact that we have been lied to about it by the 2 incompetents.
Throughout their stewardship they have been guilty of bad decisions :-
Parta-failed
Deltic- embarrassing effort to take them over making us a laughing stock in the O&G space.
Simwell- disastrous, waste of money & more dilution, at that stage our CEO's should have been sacked. Simwell had been looking to be bought out for at least 2 years until our 2 mugs took the bait.
DBRM- nothing to say except its a complete disaster illustrating our 2 crooks lack of ability.
WN- after initially over extending RBD we were once again lied to & now show no appetite to move things forward.
CS- well jury's still out.
They claim to put a lot of store in DD, I see no evidence of any.
Over the years they have proved to be an unmitigated disaster. They will milk this company dry.
Most of us have thought for a long time that RBD would have to bail Rathlin out. In fact that deal should have been done some time ago. Yes it's looking like 2025 for WN which is an outrage.
What happened to the early production permit we were told would be given by end of 2023 ???
Just more lies, we should be used to that by now. They're just a pair of crooks.