Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Trust? I don't feel cheated by Burt. Maybe I missed something. The story seems to be the same as it ever was - he's doing his best to push this company forwards. It must be like pushing a truck up a hill. They are reaching a lot of outlets in the US but that must come at cost (shipping, marketing, staff) - I hope they can pull off a fundraise and keep going.
The FDA have been very supportive. That counts for something. Maybe a lot. And there's always been the odd bit of news that leads to a spike. I thought they might have some news to help the placees off-load. Anyway I'm waiting for 1.4.
There's no possible synchronicity or plan between IB/IQAI and Image Scan Holdings? TB owns a chunk of the latter, there was a Braveheart TR-1 - they are in the image-ing business, but not medical side. i just wondered.
I don't think there's anything wrong with the tech. Trek made a good point re the comms. The company could do more. I guess they don't want to. Or need to. I don't know the MRI space - maybe there is nothing to be gained by raising capital and hiring a powerful sales/marketing team. This is the pace they are working at - for now - they must have their reasons.
It might effectively end up as a transfer of resources from PI's to RFO, the BOD (who will get their share) and eventual JV partner. This does finally break the hold a small group of PI's had if/when they were acting to buy and sell in concert. And the fact that some of them are missing makes me more certain that is exactly what was going on in the past. But this is very challenging for LTHs. Its not a given that LTH's will lose out on any eventual prize - but there must be some doubt about that. And that doubt should be priced in. I'm still not topping up.
Interviews? There was a director's talk a little while ago - he was going on about KPs and targets - seemed pretty credible. If I can find the link I'll repost it.
Financing - Its beyond me. I don't even understand the previous funding RNS re the CLNs and all the details re dates etc. And now I have to try and work out how 'capital restructuring' will affect everything and impact on the next set of CLNs - or however the next placing/fund-raise is sorted out. I'm not in the 'EISB is going to de-list' school - or at least not at the moment - they seem to have supporters who will bankroll them - I'm just not sure I want to buy any stock until we see the what the fundraise looks like and see how the market reacts. Having said that I like to gamble and I don't have a brain so I will pick up a number out of a hat...eg..0.32 and if the sp reaches 0.32 I'll buy a few.
2.3? I was thinking 2.5. But just a guess.
We should try not to get carried away by other people's so predictions - look at the accounts - last time I tried to get my head around that stuff (and I need to do some 'how to read a balance sheet tutorials') I don't think this company was exactly drowning in profit. I bet that explains a lot.
Dan
re the placing at 1.10 - think most of those shares were moved on within a few days - on that day last with about 20 million volume. If those are gone then the company doesn't owe anyone with money any favors - so the next fundraise can be a lot lower. The question is at what price - we have seen some shocking haircuts on other shares - could be anything from 0.2 to 0.6. I haven't even got my head around the RNS's to know exactly what kind of raise we can expect CLNs etc.