Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Hopefully we can hold 1.4p today steady as she goes
Mr P - your summarised information was not quite correct. If you going to provide facts then you should be as accurate as possible.
Mick
I still have a chunk of losses to recover from my early days stupid mistakes due to share hoping. Learnt my lesson hard way. Glad I did learn that lesson as it made me do deep dive research on any share before investing. I am very selective in my stock picks.
Cheers. MrPositive ....happens to us all..... at some time
I probably bought your OMI shares as it was recent punt of mine
Floater
That's what I said in a nutshell more or less. Havieron was company maker for GGP which attracted Newcrest when it hit peak Mcap of £1.4 billion.
I don't bash shares, repeatedly like others do. If I'm out, then that's it.
Mick
Sorry to hear that. I sold my last batch of OMI during the 40% rise before news.
Needed funds to top up ORR which I strongly believe is excellent value. With just £13k I picked up another 1 million ORR shares that should provide 10 - 15 bags minimum before Buy out by the bigger players next door and there are a few of those big sharks on our doorstep.
Mr P - Always positive, but please do a bit of research before making statements that could maybe influence people reading your posts (as that's your intention).
You said "GGP was 2p in Jan 2020 and hit 37p in Oct 2020 as Havieron drill results came through and NewCrest jumped in."
Yes, the correct part was 2p in January 2020, but the rest is not.
GGP had excellent drill results at Havieron in 2018 and they entered the JV with Newcrest in March 2019. Newcrest started their drilling campaign in May 2019 and the GGP SP bounced between 1.5-2p (approx) until January 2020. There were steady SP increases over the following months and eventually they hit a high of 27p in September for it drop back to low 20s a few days later, even touched 19p at one point. There then was the climb to 37p in December and it fell back to it's current price of approx 22-23p after the Scallywag drilling results, in January, which were not really bad not as good as expected - and a reminder that any mining company could have similar or worse results in exploration.
Let's be clear; I'm invested here and of course want the SP to do well but IMO it's always dangerous for an investor to compare one mining company to another or listen to someone else do it. If people are going to make comparisons on here then they should provide good factual data and/or state that people should do some own research themselves so they can make their own comparisons.
Take this what ever way you want, but I've seen you over rampant on other shares, where you batter the board, it doesn't always work out for the SP the way you push it.
correction ......A 35% drop.
Well I hope their drilling results are FAR better than the recent OMI ones
Which crushed my investment with a 50% drop (over 2 days)
People are starting to come back in now most probably thinking get in before the RNS lands think will be next week
1.3999 gone through.
Still a huge discount to the 1.80 and 1.90 we were buying at recently.
thanks
Russell
L2 is strong. Good to have you on board here.
1-40p buy
Recovering nicely...again!!
Saint
I did a deep dive research on our Turkish assets and their Profitable consultancy arm last night.
51m Tonnes of Copper there.
Which I was not even aware of
10 seconds
1.4p approaching next 10 mins
Kutzz
Dude you already sitting on +8m.
Leave some for us. We still cannot catch you ;-)
Should have topped up an extra 400,000 this morning. I’m still happy!!
clearly bigger buys going through but there delayed in showing show it looks like its going up on nothing
infact only 1 mm at 1.35p the rest 1.4p or higher L2 looking very strong
Think folks starting to get back in now.
Longer you delay, higher you pay.
i did think 1.35p by lunch i reckon maybe 1.4p at close
1.325 just gone through.
snap crackle and pop