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NdOx prices slipping - https://www.kitco.com/strategic-metals/
Just saying...
No chance now I'm in red. Just have to wait long run. I'm just worried pensana is way behind and can't catch up? When other RE companies currently operating is making money and sp moving up now.
It's probably going down because the publicly released 'business plan' was so thin on any detail especially to do with funding for Saltend, this is central to all their plans. Investors can only go by facts and things that are announced, so all the back room handshake type deals with governments and businesses, there could be plenty of NDA's in play and while potentially lucrative in the future, they don't help the current share price at all.
If they don't announce anything about funding this this week I'd imagine it's probably going south of the pound mark as plenty of people are pretty impatient. For long term holders it won't matter though.
Think it’s a big buyer pulling the price down. Just tried to dummy sell £20k in one go and offered at £1.30 so must be the case.
It been on base line 140 to 160 last few weeks. I think people suprise it break down below. Really hope reason big investor coming in to buy up . People who purchase last year have space to breath...
My apologies about the formatting:
When you see our SP dropping like this you have to wonder why ?
?Not so long ago it was closing in on $4, You only have to look to see that nothing has been reported that changes the fact that the FUNDAMENTALS that supported that price are still there and are still rock solid. !??
Longonjo is still there along with the Railway and Port?
The Angolan Government is highly supportive?
Saltend has received Planning permission?
The UK Government is highly supportive?
A business Plan has been released showing an NPV8 of US$2,3B which suggests a current FV of $3-4 is spot on.
The projected shortfall for Magnet metals is growing every time some Analyst recalculates the numbers ?
We have a suitably experienced BOD who know what is now required over a realistic time span.?
Just keep in mind: ?Most Banks require 90 days to organize a Home Loan, the BP has only been out for two weeks ~ ?
Financing a Mine and Process Plant is not done overnight !
When you see our SP dropping like this you have to wonder why ? ?Not so long ago it was closing in on $4, You only have to look to see that nothing has been reported that changes the fact that the FUNDAMENTALS that supported that price are still there and are still rock solid. !??Longonjo is still there along with the Railway and Port?The Angolan Government is highly supportive?Saltend has received Planning permission?The UK Government is highly supportive?A business Plan has been released showing an NPV8 of US$2,3B which suggests a current FV of $3-4 is spot on.The projected shortfall for Magnet metals is growing every time some Analyst recalculates the numbers ?We have a suitably experienced BOD who know what is now required over a realistic time span.?Just keep in mind: ?Most Banks require 90 days to organize a Home Loan, the BP has only been out for two weeks ~ ?Financing a Mine and Process Plant is not done overnight !
No more money I know this company has great potential. But overall it big gamble since they really not produce anything yet. Shares has been yo yo last few months.
Brought in 128 last few month ago. Add more when it rising now AVG out 155.
Silver mining shares going up now buy that instead. inflation coming( no effect on this company of course)
Great buying opportunity for those with some patience...
Well maybe big investor investing in and drag the price down to get right price. Who knows. This what what we get buying a a specative stock...
No idea but wish I had funds to buy big! The only thing I can think of is that there are whispers of a fund raise at 130p (or whatever price this has dropped to by the time I finish typing...)
No news-just looks like a decent size seller, big volume 20 mins into trading day.
Any clues as to what is going on here with price?