Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Something big is getting close, I can taste it
Well we could engage a PR company and start pumping out rampy Tweets, personally I'm glad we're not wasting cash on stuff like that when it's going to make absolutely zero difference to whatever form a final transaction might take. I just think cynicism is at an all-time high on AIM which is hardly surprising, most people's strategy seems to be to follow the herd for quick in and out profits. We had it here back in August and if a PR offensive did attract them back then they'd soon be out on the first hint of a spike anyway. Looking back at yesterdays RNS while it was all good (visual mineralisation and mets complete) there wasn't actually anything in there to add concrete value. I got a bit ahead of myself thinking there were new economics before I think Oil pointed out that it came from the Dec 18 Scoping Survey. I think the mets will move the mcap because analysts will understand the implications.
Oiltap..... my logic is this is all rather low key as they know what the met data will deliver. I am also hoping that there were no interviews after this rns because they are still in Spain flirting with big boys, ready to smash the pr on the imminent news of met release. In my view imminent is 10 days for clarity. I also feel the sluggish December market is stifling the volume until the big one drops. I am keen to see £ value attributable to Toral. This should give us some increased bang for our buck and going in to January I want Laurence literally shouting from the top of a mountain in the Castilla y Leon region about how banging the asset is. If not the BOD and team's hard work will have been for nothing until sold.
Oiltap, I agree. However a company with fantastic exposure to such a rare asset should not be sat on a volume of 14 trades.
Agreed he is directing it to the right people, however he is not directing it to the people that are the company. The shareholders.
might be worth a mention to LR ; re Twitter
I admit LinkedIn is an unusual forum to use but I believe he is as much speaking to his network of mining professionals as to us. At the end of the day it is industry executives that will deliver value for the LTH's here not attracting short term money from PI's on the AIM money-go-round. I do agree I'd like to see some improvement in the SP just to get some positivity back but I think people are underestimating the impact the mets should have, as I've said before the suppressed SP is giving bigger investors the opportunity to hold off and get in after the mets when it is hopefully a significantly de-risked project. If you look at the dislocate between the asset and the mcap it doesn't matter if you pay 0.1 - 0.2 you're still going to multibag without taking as much of a risk as we have.
Strongly agree with Dave. Seems like the only thing that will definitely move this SP up is an announcement indicating talks of a JV or Sale. Announcements relating to Mets, PFS, Mining Licence application, Community engagements, etc. unlikely to move this up much (I hope I'm wrong). Until the market smells money this will probably continue to be held down. I'm positive the end is near though, best to be cautiously optimistic and patiently wait for proper value in late Q1 or early Q2 next year imo. Encouraged by the pace at which work is proceeding. GLA as always!
LinkedIn is a bit of a captive audience though. Success should be shouted and it I was all a bit low key for me. I am hoping this goes up a notch when a £ note attributable value comes to light with the met data
Not sure what you mean about the pr Lloydy, we had a good update and I thought the LinkedIn stuff was interesting. The market is not responding, that's not LR's fault. Would you prefer a James Parsons approach - ramping the company to PI's while failing operationally. EUZ are doing it the other way round which in my mind will result in a much better outcome.
It has to be a JV or sale ie., money. More figures on paper will do nothing
Currently a joke. Laurence better have something meaty up his sleeve