Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Surely by Friday surely at least one person will have been contacted by the agent ..
Well hopefully we will find out by end of the day. At least 1 person will have been contacted if there’s any truth to all of this.
But will it be game on for the dapp sale… even with a payment the saga will continue.
Now I’ve written this off mentally but am very curious to see how next week unfolds. First ones to hear will be the nominee holders id guess so will be pleasantly surprised if word starts spreading that investors have been contacted.
Also how long do we think it will take on the admin side to verify and set up bank accounts before making the transactions? I’m probably miles out but say the average holding is 250,000 shares and we’re close to a billion I think total.. so that’s 4000 transactions that need to be organised.. half hour a time… 2000 hours… or is there a more streamlined way this will operate?
After the last delay Iv come to believe I’ll never see a penny unfortunately. Praying I’m wrong and can’t believe anyone’s sick enough to string investors along the way we have been for no reason, but a couple years since the deal was announced and still no news on the buyer. I just can’t see it happening
Wonder if he’s any closer to finalising the new sale price… I’d be happy with the original price and just pay it on the 18th along with the other wedge. Just wish this would come to an end now.
Well Amit sure is the master of disappointment, would have been nice to see some money or even just some concrete evidence that this charade is legit. 2 weeks ago we was on track and suddenly there’s a 3 week wait. Still no mention of the daap sale either and pretty sure come 18th there will be another excuse. some level of human to string people along like this and this close to Christmas when it could have made all the difference.
Hope we get some news on the dap sale figure before Crimbo. As nice as this starter will be.. I’m more interested in the main course.
Any guesses to what the re negotiated dap sale price will be? Hoping that all the leg work will have been done by the agents for this first payment so it will be faster process.
Am I the only one who was expecting the update last week? The website told us we would be notified by week commencing the 30th. Well the week commenced and still none the wiser.
How much less is the deal now worth with the current exchange rate compared to when it was announced I wonder.. Also would the funds in escrow be in dollars or pounds?
I was about to say there is a glimmer of hopium in this RNS and that's that the bank must have seen some sort of legit business within this mess.. doesn't answer why the company need £1million though.. I thought we where funded after all the dilution.
£66billion monetised might be a tall order so I’d be happy to start with the 10% assuming £1billion monetised is still worth roughly a penny to the sp 6.6p would be a cracking platform to build from. Pays ya penny takes ya chance.
Hopefully not.. they only have a market cap of £400mil ish. I want the deal to be worth a billion so I can retire.
Although the wait is getting tedious now Im still optimistic that the next news we get will include more than just the first IM and propel us to a much more favourable sp but also with tangible news to hold a new level. Can see this moving fast when the long awaited news does arrive and although Planning to stay invested for at least a couple more years it will be a relief to see the company moving in the right direction and underpinned with a solid foundation to grow from. Hopeful that time is coming very soon.