Sayona is a dog, I have lost $20k on it. How dare they pay themselves huge bonuses weeks before this bloke heads out the door. A cynical cash grab. I think most holders have lost all faith in the management at this point. It's a joke, ASIC should have the power to investigate these types of cash grab scams. They looted the company like criminals.
Cannot give shares to directors while stock is falling . Stocks should only be given based on performance and revenue off the company . This outcome is criminal . And with no accountability it invites other directors to do the Same . ASX needs to make urgent changes . Rip sayona
Thanks for following up on FFX ... as per the 75% takeover threshold that was mentioned, this is the shareholder approval required for a "scheme of arrangement". A board needs 75% approval to get a "scheme of arrangement" approved. This is where the 30% plus shareholder vote against the FFX board comes into play. The FFX board are on notice that a scheme of arrangement won't pass if they offer up a poor deal to existing retail shareholders.
challenge for Goldfields taking DeGrey is refractory nature of the deposit. Would suit more a Newmont or Barrick as both have experience with Pressure Oxidation leaching they could bring to the table.
Ps. Your neighbour Shaun Day - if you do call in ask for some core from the office safe. Be good back wall decoration cobba’s Greatland Pty Ltd Level 3, 502 Hay St Subiaco Western Australia 6008 Australia
HC shareholders actually got a 249D up against a previous board at FFX. The board they ditched that time tried to sell Goulamina (now worth $2billion and rising) for $100 mill. Unfortunately with Morilla a bunch of instos came onboard and made it far more difficult to achieve.
With regards to FMG the company is basically going back to the beginning as a start up with Fortescue energy and there is going to be a period of turbulence with regards to people leaving the company and the companies finance but I believe Andrew will deliver and the shareholders that stay for the journey will be rewarded.
Here is hoping. Forrest's drive often shades into recklessness and his instincts are to surround himself with yes men and women. Before he stepped aside as CEO a few years ago the business was experiencing a near death experience from being insanely overborrowed with ridiculously high production costs driven by Forrests crazy hobby horses. Finally good sense prevailed and more rational practices were adopted. The company was also lucky with the iron ore price. It was a crisis at the time and almost went horribly wrong. The risk is that his obsession with FFI becomes destructive again.
Re Fortescue - Chanticleer, some of the articles I've read on AFR often display little love for Andrew Forrest. Maybe there is more to this than we currently know.
I keep yapping on about this, You through great skills secured interviews with Wyloo Metals, Now with an impending ASX listing, How about sitting down with Shaun Day from Greatland Gold, and do your thing ???
When Mr Day restores his CV to perfect health we might chat Cobba. There's a certain company that appears to be scrubbed which rubs me (Trav) the wrong way when I see stuff like that...
why would people not get the CGT discount when a buyout happens? Feel sorry for the MGV holders ATO has lost the plot, people should not be paying close to a 50% capital gains rate
Flash new studio boys, since yas had such great time going through the guts of Firefinch I'd love to see what you guys could find out about what went on with ASX.XTC in Argentina... Sitting next to the hype train turned slow burn LKE I couldn't make sense of what the hell went on with the company as it spiraled down. Cheers love ya work boys 👌
![MV วิถีชีวิตใต้ - ผา อัยย๊ะ [Official MV HD]](http://i.ytimg.com/vi/nODlkOUu9B0/mqdefault.jpg)
Sayona is a dog, I have lost $20k on it. How dare they pay themselves huge bonuses weeks before this bloke heads out the door. A cynical cash grab. I think most holders have lost all faith in the management at this point. It's a joke, ASIC should have the power to investigate these types of cash grab scams. They looted the company like criminals.
Get a large map of Oz behind you with the companies and mine name and product - oh and beer sponsor- hic.
Enjoyed the show dares I say educational
Cannot give shares to directors while stock is falling . Stocks should only be given based on performance and revenue off the company . This outcome is criminal . And with no accountability it invites other directors to do the Same . ASX needs to make urgent changes . Rip sayona
Not the ASX's job.. ASIC are responsible but are typically useless.
Thanks for the poddy, good stuff. Hopefully Sayona bounces back
Cheers mate!
Thanks for following up on FFX ... as per the 75% takeover threshold that was mentioned, this is the shareholder approval required for a "scheme of arrangement". A board needs 75% approval to get a "scheme of arrangement" approved. This is where the 30% plus shareholder vote against the FFX board comes into play. The FFX board are on notice that a scheme of arrangement won't pass if they offer up a poor deal to existing retail shareholders.
Enjoy your new digs, boys !!
Cheers mate!
Another great show guys, like the new studios !!!
Would like if you could have a look at METEORIC RESOURCES
Thanks@@jeffrollason1190 - we touch on MEI on today's episode on rare earths ( ttps://th-cam.com/video/5wSaGh4d_oc/w-d-xo.htmlsi=-9AvTvvDMbIfLUx7)
Well done guys.. Happy to see your progress....
Thanks mate!
Mov’in on up boys 👍
Would recommend some model machinery, a few Cat diggers, etc.
challenge for Goldfields taking DeGrey is refractory nature of the deposit. Would suit more a Newmont or Barrick as both have experience with Pressure Oxidation leaching they could bring to the table.
Ps. Your neighbour Shaun Day - if you do call in ask for some core from the office safe. Be good back wall decoration cobba’s
Greatland Pty Ltd
Level 3, 502 Hay St
Subiaco
Western Australia
6008
Australia
Good idea... perhaps get a few different core samples...
HC shareholders actually got a 249D up against a previous board at FFX.
The board they ditched that time tried to sell Goulamina (now worth $2billion and rising) for $100 mill.
Unfortunately with Morilla a bunch of instos came onboard and made it far more difficult to achieve.
With regards to FMG the company is basically going back to the beginning as a start up with Fortescue energy and there is going to be a period of turbulence with regards to people leaving the company and the companies finance but I believe Andrew will deliver and the shareholders that stay for the journey will be rewarded.
Here is hoping. Forrest's drive often shades into recklessness and his instincts are to surround himself with yes men and women. Before he stepped aside as CEO a few years ago the business was experiencing a near death experience from being insanely overborrowed with ridiculously high production costs driven by Forrests crazy hobby horses. Finally good sense prevailed and more rational practices were adopted. The company was also lucky with the iron ore price. It was a crisis at the time and almost went horribly wrong. The risk is that his obsession with FFI becomes destructive again.
Lethal Humidity
MONNNNEY MINERS .... get ya heads into the MONSTER MELBANA ya bloody hoods
Re Fortescue - Chanticleer, some of the articles I've read on AFR often display little love for Andrew Forrest. Maybe there is more to this than we currently know.
I keep yapping on about this, You through great skills secured interviews with Wyloo Metals, Now with an impending ASX listing, How about sitting down with Shaun Day from Greatland Gold, and do your thing ???
When Mr Day restores his CV to perfect health we might chat Cobba. There's a certain company that appears to be scrubbed which rubs me (Trav) the wrong way when I see stuff like that...
Hay really love your podcast, like that I can learn, can you guys try random episodes, such as reits or transport companies like lau ?
What's the go with the keyboard at the front???????
Luv the show gents..
I'd guess it's from a Bloomberg terminal.
To much pressure bro SYA and FMG.
Is it worth holding SYA for the long haul?…
Or is it likely to go into receivership?…
why would people not get the CGT discount when a buyout happens? Feel sorry for the MGV holders ATO has lost the plot, people should not be paying close to a 50% capital gains rate
Flash new studio boys, since yas had such great time going through the guts of Firefinch I'd love to see what you guys could find out about what went on with ASX.XTC in Argentina... Sitting next to the hype train turned slow burn LKE I couldn't make sense of what the hell went on with the company as it spiraled down. Cheers love ya work boys 👌
WA1 sounds massively over valued 😅