Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Blow, what price did you start buying in at here ?
Come on guys let's push this to 0.30+ so I can be in profit , a joint effort needed . Thanks
Steady build towards news hopefully.
Either the loan notes are long gone or an RNS leak has appeared.. Either way expect the price to be higher between now and month end! Good luck all involved!
From SP article: "On its first contract Insetco will have earned $300,000 upfront. And it will earn another $300,000 over five years – so $60,000 per annum. Insetco earns a gross margin of c66% doing this work and has PLC costs of c£250,000 per annum. So if it can secure 1.5 contracts a year of this size it makes a small profit. Make that four orders a year and it could easily be making £500,000 clear profit and this company has historic losses of c£43 million which we believe means that tax will not be an issue for many a year so profits to cash conversion should be almost 100%. Conversations with management lead us to expect a string of orders in Q1 2015 and that should put flesh on the bones of forecasts. Some supporters reckon annual profits could well exceed £1 million within a year or so. On a PE of ten that would imply a share price of 0.7p."
Arrival of this first contract would provide a boost to investor confidence and act as the trigger for other contracts to follow .. in essence, as stated below by tomus. Investor buying is often due to sentiment and foreseen potential growth rather than current value .... IMO
Why would a contract worth 1/4 of the firm's SP have an effect on the SP? Hmmmm
The answer you seek........ Ivan Couchman, Chairman, commented: "We are working closely with our partners in Canada and, whilst we are disappointed that there has been delay in completing the initial orders, we are optimistic that defining the mechanics of these orders will pave the way for further orders in the near future."
Can I just ask a (maybe stupid) question - why would a £300k contract have such a huge effect on the SP? Granted, 300k is not pocket money, but it's not a huge sum either. Is there some other long term value underlying it that potentially makes it so important? Thanks in advance.
Would be good to see the rise continue from here .. when the "imminent" news on the 300k contract lands, this is going to fly for sure.
Evening all, looks like a busy day has been had by all, hopefully this will stabalise over the next few days and not get hijacked by the fly-by-night traders/rampers/dampers
Cheers mate much appreciated.....
I am waiting for news and things to take off. We have a NED now a shrewd one.....
When will news come do u sell hoping to buy back in cheaper or sit it out ? Contract news expected Q1 but expected sooner rather than later so that means what it means. Could be tomoz could be a few week who knows. Waiting for that red dot.
more of the same please!
sorry yes, .25!
Mr I will buy at, .5,stock guru to the stars,lol.thought you might make some sought of prediction! I think that contract will land tomorrow!
That would be nice. Can't be long, judging by their 2nd Feb RNS
days guys... Lets see how tomorrow goes.. I wonder if we'll have some 7am news !!
2.5p.. You mean 0.25 ??
the bid is 0.09 and has been for sometime. Nobody selling though. Tomorrow should motor through the 0.1's if we get the same volume. good luck
i bought in at .16 hoping for 2.5p+.... should be coming very soon with news of $300k
patiently waiting for the $300k and further contract news that will really transform INC!
It has gone very quiet. Seems like the volume is dropping off a bit. I still expect a strong finish.
gone for an afternoon nap?