Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Exciting Q3 it would seem for Fme going on this Webinar, states some surprising updates coming that may catch the market out. Lots of confident updates, highest grade in Aus, economical drills, perfect location with infrastructure around, deep water access, 80% recovery , reduced capital and operating costs, partnerships, 5 to 8 further discoveries expected, already drilling now, lots more.
Added £2950 at 2.24
Loaded up cheap here last week hoping for a great Webinar tomorrow. This could be the bargain of the year.
Well, I added today because
1] Hardly likely to RNS an update for crap results
2] Seller must be on fumes - he must be below 3% as no TR - so 12m to dump. Checked vols on both LSE and ASX from the drop from 4p beginning March 17, around 35m - so 12m times 2 along with punters bailing seeing the seller.
This theory is wrong if more than one seller!!
But I think the webinar has been timed as the seller has exited. All imo
Yep, 7p placing [at a premium!] prospects stronger since then , ultra safe jurisdiction [with gov contributing to drill] and everyone is focusing on unstable jurisdictions with volatile regimes..
And its 72% down from the placing.
One day the market will wake up.
https://spongeshare.com/research/future-metals-research-note/
Agreed. it is a great medium term play
It certainly was, it took a good 10 minutes to fill. Suprised when it went through at 2.30.
Dan, you bought at the bid price so it can’t have been NT to buy.
I bought this morning at 2.30 and it was NT to buy, trade not showing.
Anything at 2.18.
I am buying this, lowering my average. This will do very well in the future. I am looking at maybe a few years. Can see a 10x to 15x from this price.
I spoke with Jardee last week and there is absolutely nothing sinister going on here, everything at a project level is going right to plan. Just distressed Aussie seller(s) are tax loss selling before June deadline are crossing their stock to UK to use the volume to sell. ASX is a bloodbath so many smallcap investors over there are hurting - esp the miners.
I share everyones frustration here, id like to have seen the company be more proactive at managing its book. I expect this one to go on a meteoric rise at some point Q3.
Would suggest the saying, to paraphrase, that the "market knows best" (and I don't dispute), but this SP is on a downward trend and I do wonder how far this it's going to fall (recent raise at 7p).
My personal thoughts - I belief the current two main producers of PGM's are 1. Russia (re - recent further restrictions announced albeit by just UK at G7 summit) and 2. SA - Power Load shedding issues, which could potentially lead to alternative jurisdiction supplies considered.
Just personal thoughts, DYOR and say no more.
Down another 2.5% on ASX - at least vol higher !
I'm calling 2.45p the bottom if not already here.
You can scroll down several pages for all the latest. Seems Future is starting drilling about now
https://newswire.iguana2.com/af5f4d73c1a54a33/fme.asx/6A1148649/FME_Drilling_to_Commence_at_Nickel_Sulphide_Targets
And also a good place to keep an eye on News for Future Metals is marketindex.com.au and stockhead.com.au
Yes 100% agree, there is no reason I can see for such a low price. I think that, and i hate to say it, may be better getting an ADR listing on NASDAQ, maybe a bundle of 100 ordinary shares into 1 ADR I did wrote and suggest themm so who knows maybe they will.
Seems to be all the selling on ASX.
Dumping in no volume = this. Think a few are waiting for it to stop.
Overall, do not understand!!
Is going on here!!!
On friday shows how re-rates can just occur out of nowhere.
Markets are so difficult to understand atm.
Still have our mini dumper whose making sod all.
He’ll run out soon
This may help
https://moneyweek.com/the-platinum-price-could-double
Not any use if you're lth.