Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Groundhog year (not day) whilst the only thing moving is the cash that pays the directors and executives..what an absolute nonsense .. these people and company are...... IMHO
Yes the ASX is holding back a bit...Funding is the key to the next push....... hopefully ... once connected the expansion could be interesting up to the 25mw.. As i'm sure the market across the region would buy it... at a more favourable rate than Botswana, as there is an abundant need for power. Obviously capital will be required to do all of this .. But I am sure that TG didn't just want to produce 2mw and then call it a day. To much time, energy and capital has gone into this project just to settle for small pickings ..IMHO
Unfortunately wild life seem to be treated a bit like plants and weeds .. what one see as a beautiful plant another see as a weed! Having seen elephants in their natural habitat in both Africa and India. To me they are beautiful creatures .. but they do wreak havoc .. so can see why the locals are not so keen!
Think we’re nearing the end of the beginning and then will be at the start of the new beginning.. hopefully
Sounding a bit smug there clueless .. Not a good look … The only person that cares about your profit is you! This is not a school play ground!
what are they meant to say..we haven't learned anything in the time we have been drilling and extracting! nitpicking is what i call all that you say..bots... not constructive criticism .. but one sided *******s! lets see how your lot get on ..with their drilling programme and extraction methods.
Amatuer funding strategy ....how to drive the already hammered share price down further......its no wonder Cheek hasn't brought any.. Dudd mk2 ? Hot air merchant ........zero sales and high monthly fixed costs...only on the AIM would a company get away with this..utter nonsense on all levels
Oh ..Bots your a one! … not nervous… just highlighting and then discussing the subject. Mean while your reading the Botswana version of the Beano, whilst sucking on a lemon……. as usual!
Ok i agreed the playing field may have moved since he said that... and i guess getting finance at the right rate has to be better than just getting the deal done! And then not being able to benefit from it! because it has cost to much in interest! .. lets see how this plays out. we'll know soon enough
Brad surely it should have been full costed and funds in Place well before this time! Yes I know in the idea world it would have been . But it does weaken any bargaining power when one is going cap in hand to any potential investors .. They will or have done due diligence and will see the weak financial Tlou are in.. Just in time .. is great in production manufacturing.. but not so good in finance ..
All these AIM CEO’S seem to be able to say what they like massaging the truth and getting away with saying what they think the share holders want to hear. Then when they fail to produce there seems to be no accountability for this. They just go into hiding . Surely this isn’t right and it’s one of the reasons there is so much miss trust in the market and share prices tank and spike irrationally
Colm for years has been saying there are plenty of people organisation wanting to help fund the project. And funding will not be a problem . Yet here we are months from first revenues potential.. 2 failed fund raises and no one coming through as yet.. To me his track record is more of a liability than an asset. Certainly in terms of PR. But obviously TG see something in him!
Bots.. how do you expect them to get funds i. It’s either debt or dilution .. A government like Botswana aren’t likely to give a grant or an interest free loan are they! Even though the upside could be massively beneficial to the country and the wider macro economy
Currently I see no reason to believe CHEEK Is any better than Budd. Both have made positive statements in their end of year presentations . Then only go into hiding when nothing comes of these promises.
Very disappointing to say the least! Also if he really believes he can achieve sales and an up lift in the company fortunes. He would put his money where his mouth is ..by buying shares. After all he won’t be being paid peanuts to do his job. Action speak loader than words,
Using this type of finance .. shows they really don’t care about the share price as long as they have enough cash to :
A) to pay themselves
B) keep the lights on
It costs the lth holders big time in the short term .. it shows how poorly run the business has been for the last 3-4 years .. especially in terms of funding and costs .. A High cost base low capital and funding options creates the mess they are currently in .. They don’t r seem to know when they will achieve decent income from sales let alone breakeven point .. its very poor in my opinion
Investing on the AIM is as Much a gamble as betting on a horse although with a horse you only get one chance at winning! With a company like GDR there are many chances as we’ve seen over the last few years. Bring new tests (products ) to market in the pharmaceutical / health sector takes time money and patience. The wheels of the NHS turn very slowly and cash is hard to find even for the most cost effective and hugely beneficial tests like GDR’s
The share price GDR has achieved and then fallen from mirrors the impatience and fickle nature of short term quick buck merchants that try to be in and out of a share on a spike achieving maximum profit for minimum time.
Undoubtedly GDR has good products the real problem is monetising them whilst running a hefty monthly costs base which is unrealistic for what really is a start up company with very very limited capital.
Currently they are feeding off a poorly structured loan facility with a Notoriously risky finance company.. it’s a bit like a really bad bridging loan .. it’s a desperate measure that could be the saving and thus making of the company .. but equally could drag the company into liquidation or into the hands of a private company if things don’t go well over the following months.
Budd failed to secure proper funding to move the company forward . And totally failed to monetise any products in his time..
The big question is can Mr Cheek Do any better .. ..the answer so far is not as yet .. And the jury is out on whether he can . He has missed most of his suggested timelines to date .. so is starting to look like a Budd mark 2 .. unfortunately …
You really think TG would have spent $560 AUD (16m shares) in the entitlement, if the likelihood of the project failing at the last hurdle was likely? Not a cat in hells chance, he is too frugal to do that.... I know some will say he was trying to encourage others .. But half a million dollars is a lot of money to punt on?
Brad have you forgot the exchange rate so you get $1.93 AUD for every £1 so £495.32 x 1.93 = $956.92 AUD then / that by 4.2c =22782 shares
Donk .. Mocking .. shows a lack of confidence in one self and not allowing others their point of view is another!
Donk....Debt is never a problem if you have the income to cover it! Sekaname lost all credibility ( in my view) when they tried to be Johnny big balls requesting 97 mw only to go missing for 5 years and then come back asking for 6 mw PPA. Tlou have always been consistent with their starting point, starting very small and then scaling up. I think that says it all about the 2 companies .. One is run by dreamers and the other by a realist!