Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And what gas rates are expected, are we going to generate 1mw of electricity or more? How much money do we get per month? In what time scale will we hope to get to 10mw?
I don’t give a stuff about what Gilby takes, the fact that these pretty basic questions still haven’t been answered when we are so close to generating an income is ridiculous, they are asking for shareholders support without giving them all the necessary information they need to make a properly informed decision based on facts that should be known by everyone by now! But no gilby just keeps everyone in the dark! So no my money won’t be helping him! Still can’t keep to a timeline he sets either so I expect further slippage to q3 next year as well!!!
I know it’s funds that are needed to push the project on but I’m not prepared to chuck good money away again, I bet there are more like me that don’t take part in this raise after an awful time waiting for them to inject some life into the sp! God you don’t even see anything of gilby these days unless he’s begging for funding money! You don’t even know what the gas flow rates are going to be after these latest drills, they must have some idea by now going off the ones that are producing! There is still so much detail that we as shareholders are not aware of! Think I’ll keep my money where it is thanks, if they were more upfront and honest and about things like the flow rates you would probably find more people would part with their money!
I for one will not be chucking more money into this! And I don’t expect that the company will raise enough from the offer either. Could be wrong but I don’t see people throwing more money at this when we don’t see any growth in the sp ever!! Let’s see what happens, at least there is some progress though!
My shares have little value winni same as yours currently. I’d like to know how much more they need to raise after this raise or is this it and then they can get finance at better rates from the banks when we actually have an income stream. Who knows though…. Nobody because gilby wont talk about anything!!
This is struggling to get to 3p let alone 8p! The radio silence from the bod again is a major concern for me, the should be promoting all the time now but we have absolutely nothing from them! Is gilby dead or something?
What is clear, is that this isn’t going to be finished this year and we are heading to having 1 billion shares or more in issue by the time this gets any revenue coming back in! That’s a major disappointment to me, gilby letting his mates in on the cheap yet again while we suffer more and more!
Come back next year q2 and you might see the sp at 5p maybe but not this year!
I said recently that gilby doesn’t value us long termers, that’s why he is not been banging the drum, colm said they will raise more later this year so expect no movement in the sp anytime soon imo! Gilby will hold the sp back just so all his rich mates get in on the cheap imo!
Market manipulation in full swing here lately!!!
Really poor from an awful management team today!!! Two fingers up to all LTH yet again unfortunately! And it’s probably not the end either, getting close to a billion in circulation!
Well brad you’ve finally realised that gilby is not the messiah!
Gilby doesn’t give 2 hoots about us shareholders and that’s been plain for all to see for some time!
They had to raise the funds to progress but they’ve wasted so much time imo and funds! But hopefully 1st half of next year we will be generating an income and can then use that to drill out more wells and pay the lazy bod instead of having to go through mates rates raises every 6 months!!! Gilby has let everyone of us down, I don’t like the fact we got fined for misinformation (gilby lied to shareholders and the market) which has had a negative effect on the sp!!
There is a level of mistrust from the market!!!
I’m sure the doc will now know how many mega watts will be generated going forward, so why can’t the rest of us shareholders have this information?
Where is the photographic evidence of the poles and wires? P