Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Product sales for the first quarter to 30 June exceeded £3.4m and orders for July and August continue to look encouraging. Our order book at the end of June stood at approximately £2m. Our current net cash position is healthy at £1.8m.
The last trading update 24th September was very clumsily written “ Our forward order book now sits at £1.1m, reflecting a modest summer lull in purchasing activity and to some extent the evolution of the customer base. ”
This should have read our income for the 1st 6 months has already exceeded the whole of last year with little respite in sales and a solid customer base.
Good to see plenty of buys this morning..
This share has been on my watchlist since the article in the Mail on Sunday that lead to the spike in the SP. Happy to pay 6.5p this morning and now loaded up as this company has great prospects imo...
Hmmm £10 might have had me trembling over the sell button for sure! I meant 10p obvs...
The recent relaxation in the price of BYOT has been on pretty low volume ( for this year!) so I'm not too concerned...
It may well be that I've missed 'the selling opportunity of the year' as we approached £10 a few months back, but I'm in no hurry to move my money... The situation with COVID will change peoples mindset in relation to sanitation possibly FOR EVER. Alcohol may be the easy, cheap option short term as a 'knee - jerk', but what employer/ retailer risks dermatological issues to their staff/ customer, when a better safer and better solution is available?
No brainer.
Looks like five point something is coming...back to the level before the vertical take off in August.
Anyone got any concerns or suspicions about what may be going on? And please don't suggest the markets in general...after all, supposedly, at present time, this company is ideally placed to benefit from the covid situation.
Why the steady drip, drip downwards then?
Profit taking perhaps? Rumours of a fund raise? Though I cannot see why that should be the case.
Something is afoot though. But what?