Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Glad you haven’t lost your focus Donkey… “Tlou have managed to choose the lowest form of revenue stream for it CBM “.. i ‘m sure they would be interested in your Strategic view of the best revenue streams for their offerings. After all you are an expert in CBM, Botswana, its government, culture and economic opportunities ….
I am amazed you waste so much of your time on here when you could be more valuable to the nation or at the very least as an adviser of a company like Tlou!
You can see why Tlou went down the route of using the gas to supply power rather than other options at this stage. Demand and cost of either pipe line or LNG might have made it difficult to turn a profit in the short term ..Although I guess suppling Orapa diamond mine with LNG could have been an option, but then you could have been held to ransom over price with that strategy …. Still believe down the line CBM will supply Orapa with a piped gas direct from a gas field… whether that is Tlou who know’s…. but is an option .. why else would they have installed dual fuel turbines and given the cost of diesel now and going forward gas must be the desired fuel by the mining company !
Still missing my point.. They aren't worth the cost.. Nether executives have achieve any long term benefit for the shareholders or the company, of any company they've been involved in... they just milk the gravy train until there rolls become untenable ... If your happy with then that's your prerogative .. but i'm sure as not
Your missing my point..i don't have an issue with executives being paid high salaries if the company is moving in the right direction.. and after 3 years this one is limping a long with no new direction or strategies. just the same old carrot dangling.. Whilst doing F all to justify their incomes.. if your happy with then thats your chioce..
Panman ..you are a joker if you don't think £250K is not excessive salary for a basic part time roll .. They have done nothing over the last 3 years other than a bit of administration to decide who or how they can try an get money from the Slovenian government.. Whilst i admit the other director are on average drawings for their service .. I not sure what they talked about at board meetings if they even rally had them!... more to the point where is has this business gone in the last 3 years .. The answer is nowhere.. IMHO ... its up each individual .. But i know I wouldn't have any other investments where JP is involved in
Unfortunately the timescales hurdles and government have driven down the share price thus meaning dilution is greater than one would have hoped.. but the fact that funds are close to being place does mean the project limps closer to first revenues. Hopefully once this achieved .. The share price and any further dilution will be at a much more favourable price and therefore the dilution will be less .. Not sure how else the company could fund the project without revenues as is currently the case
A business that burns £400k per month without any income ..will just eat itself and thus shareholders value as the company borrows against it future sales to pay excessive salaries.. I don't see any strategy to change this food change failure.. But under the New CEO may be there is .. Unfortunately he hasn't said a thing and is quite as a mouse... so not sure what the F is going on .. P..s poor to be honest.. And still acting like a private PLC .. but want their funding from shareholders via the market and PLC status
That 's typical Parson'S nonsense ..look at the history of tnl Echo energy and what happened at the start and where it is now .. The only person to make any money out for that were the lucky few plus the him and his cronies ..IMHO
Looks like the Doc is willing to pump another $3m aud into the project… he must know something that most of us can currently only hope happens… He is more a cornerstone investor than a punt and a wing and a prayer merchant… And that can only be a good thing considering the cost of getting this project to first revenues and beyond ..IMHO
"My dick is bigger than yours" ...pathetic .. wealth is not just monetary ...its includes having some intelligence and there's not a lot of that in evidence here!
The reality of this share is the new board have been in place for 3 years . And their only obvious strategy is to hope they win a claim against a foreign government. They have an excessively large board and number part time executive on huge salaries. This share is lead by Parson's whom has a history of failure especially for its shareholders ..I can't see anything changing even if they win the claim there's no guarantee anything will change .. Other than their salaries and bonuses...IMHO it's a lifestyle company for this group
Well he's fixed F all here! its part of a club or non achieving directors who hang around in a little group doing F all , but get paid very decent fees for it. The link is usually Parsons who has made an exceptional amount of money from abject failure in most of the companies he has got his hands on ..Thus costing all or most of the shareholder big loses ..He is the master of promoting fools gold.. IMHO
"This is not me wanting to promote a negative dialogue. Something in their words seems off to me." REALLY! it's the only reason you post on here and have done for years.. You might have changed your handle on here Donkey.. but you can't hide your totally negative rhetoric... And your constant scanning of any publication that fits your desire to drag this share down .. it was sad a few years ago but seems more desperate as they move closer to first revenues... I do find it very strange that you would spend so much time doing this ..with no personal gain?... other than a odd verbal joust with Brad or anyone else who can be bothered ...
So nothing has changed .. a part from a guy from SA throwing away £1.5 m .. WTF have the board been doing for the last 3 years …you got it nothing .. a guess what ? They will be in the same position next year and the year after.. this in my view is a life style come …period ……imho
Somebody has been buying 500k daily for the 3 day s now hence the rise
Yes its the vapour version of black gold! And there's masses of it!!! enough of it to a power a 1000 mw of turbines ..Well that's what the bloke on the pub corner of the high street in Gaborone, you know the one, the one with the private room out back and the goat symbol on the roof!
They weren't they were a mirage for a very short time built on BS from a snakes oil salesman.. selling a pipe dream...This a plan to get revenues in a build on ,, But will be a slow upward growth rather than a spike driven by exaggerated opportunities..IMHO
What has gone on in the past is pretty irrelevant to now! Bots you claim Brad is harping on about stuff he has been spotting for years..But this is true of you to.. In whatever guise you are using.. it’s much the same stuff . Particularly I know better than everyone else what’s going on in Botswana as I have or do drink in a number of local Botswana watering holes…… mean while the gas is following as is the water as dewatering carries on .
Let’s hope the government finally wakes up to the fact that this new industry is not a treat but a massive benefit to the country , the people and the continent
Is it because the companies involved in CBM aren’t of Botswana origin or that not enough if any money has been handed over in brown paper bags, as sweeteners. It has always surprised me how negative the government have been considering the true benefit to the country of a successful CBM industry would be! Really doesn’t make any sense from the outside looking in
Nothing Parson's has done has worked out well for the shareholder other than the odd very short term spike and i don't see that changing. Especially with a basket case like AST. He couldn't make a success at Sound when he had plenty of cash . So really don't see him doing it here. And as for the CEO he's never done anything anywhere .... As far as i can see ..IMHO