Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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reversal has been nice ,,,forecast is spot on !!! load up here !!
Pt $990 and vertical.
Surely Aquarius must follow soon. 6.15 buy is a steal......
$975 breaking north strongly ... $988...... Keep going
But looks like the awaited reversal in platinum price just got underway.
Platinum spot heading strongly up towards $1000 and Aqp down - being played.
Those that have sold there will be placing their money here without a doubt patience will be rewarded as MMs play cat and mouse. A very strong base set up for a strong bounce.....
Today would be good
Has been building for over a week all pointing to a significant break out
Agreed with the value here. Platinum to rally
Markets seeing a recovery and with that we could all be seeing a breakout in Platinum, Gold and metals in general as sentiment improves. Current price does not reflect the excellent update we just had. Just so we are clear we have $195m (£126M) in the bank including an asset through investment that figure is $205M (£132M) our market cap at present is £94M so we are trading a good £36m under cash balance value. Add to this our assets and extraction costs sub $700 and the fact Lonmin announced they are reducing production and supply to market falling, hence prices will increase I see this as a no brainer. Buy as much as you can afford at these levels!
of trading here could be building a good bottom !!
Consolidation in the platinum market could see a formal approach for aqp - expect an offer in excess of 18p .
There are two things ongoing, 1. a QE programme to bolster the economy which has a 6 month effect time lag to Q3 / Q4 this year & should assist commodity prices as their economy starts to pick up, 2. Stock market support, which started in July & was suspended on Monday but recommenced Tuesday after Mondays 8.5% shanghai fall.
good to see more sellers cleared as well as the blue trades coming in,
To be over 7p today....it is just filling all the orders. Excellent update yesterday
can i pick up on that point about Chinese stimulus? Have they not set up their own bank for infrastructure investment? Apparently, the bank should be ready for business by the end of this year. Something worth waiting for as far as the commodities are concerned.
Sold up there target price reduced to 45p. Putting that in here as it would seem that AQP is in a prime position to benefit from the lower output from the other suppliers. Don't be fooled this is a gem at these levels.
It’s the modern day business model, demoralize holders in the hope that they sell. Then the Pro’s can use the stock to close their shorts & drive the price higher. It takes time, commodity prices are forecast to see a recovery later this year, due to Chinese stimulus.
for me disappointing to see this share price dropping after todays news ,still hoping in the future this may move up , more sellers cleared which is good to see
There is no logical reason why the Pro’s shouldn’t put this into play & let it run up for a time. They can easily short it back down again if they want to. Unless someone has their eyes on the company & is actively shorting to keep the price down, as with GKP back at it’s 32p support.
tick again ,,,,,,,ask yourself this,,, would you like to buy now or 6 months ago ,,,,,look at the downside risk to reward etc !!!
improving well at present added again earlier that will do me got 120,000 now ,,,,,,,,,commodities cycle bottoming as well ,,,we shall see come end of year
Well been a few in here this morning kept saying this is going up. It's gone down people. Your all guessing it seems too me
08:05 UT 7p + 13.45% Volume 1,604, 08:12 UT 7.49 +21.39 % Volume 3,386, 08:23 UT 6.65 + 1.30% Volume 696,663, The bad news is the large volume Pro trade sucking the money out. The good news is that possibly that was the last of the sellers holding & note that it only takes relatively low volume to move the stock up by large percentages. China has recommenced it’s market support today, so things should start to improve.