Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Now for the record - here's my full take:
I remain invested because at this price it's just not worth selling. DC has injected support for the business (only a small part at 3p the rest is convertible loan notes, which you should read up on) so we live to fight another day.
Relisting below 1p is not wonderful news, but it's less terrible than the alternative.
LVCG operate in markets and sectors that should be very lucrative, but has repeatedly failed to do anything right. With new investment and new FD this could yet turn around, but we are still devoid of info on future direction of travel.
For me today's RNS is simply a stay of execution until we see the plan.
I am very annoyed some on here claim to be inside and know but can't say....
Ben , again you said you will sell and you just want to be out even at a loss as you don’t believe in dc… sell now!! You’re a hypocrite!!!
Yeah! that's right - can't beat the argument, so beat the man.
If you aren't 100% happy sell up - that way the evangelists can get the board to themselves.
Any more pearls of financial wisdom MB10, sorry Knco or whoever you are :-)
Newsflash - just because you are involved in something doesn't mean you have to be glowing about it all the time - in fact telling it how it is can be vital for balance.
30p soon eh?
Ben why don’t you sell up? You said you just want it to relist and sell for whatever… well do so and move on you hypocrite
Ben it’s not about not asking questions but without the funds and placees it would not have re-listed! That’s a fact!
That's right Jimmy - be thankful. Don't ask questions, don't rock the boat.
The good lord DC will provide.
Praise be!
BTW - I liked your last post, spot on.
Jimmy be thankful, if sh didn’t participate there would be no lvcg to trade, aim was strict and funds were needed before re-list. There will be a lot of news flow
Hurrah we can trade!
So we dip below 1p within how long? How predictable was that. People selling at any price, which is madness but I get it. Must feel like a monkey of their back, after last 7 months.
I like that staff are incentivised by the SP with the options. I like very much that DC is putting his own money in (at a premium) when he could have let it go to the wall. The key question in all of this is why has he done that.
I don't like that everyone who took the placing seems to know something that they are really positive about and yet the company can't announce anything to stop the SP caving in. Placees could have gotten 20% cheaper this morning.
Got some at 0.92p earlier. Market currently unable to out a value on this which is understandable. Potential for a huge rise once the fog clears.
I'll make that a bit clearer.
Date: 21-Mar-24 Time: 08:02:02 Buy Price: 1.12 Qty: 219,108 Total Cost: £2,454
Date: 21-Mar-24 Time: 08:35:53 Sell Price: 0.811 Qty: 219,108 Total: £1,777
How to lose £647 in 33 minutes.
He hasn't put millions in at 3p and 6p
goodness me
People panicking , it was suspended for months so its to be expected but for gods sake don’t lose money, there is a clear path to success and there will be lots of newsflow, why would dc put millions at 3 and 6p you can call him what you want but he could have let it burnt unless he saw potential, lets not lose sight of the bigger picture.
Just don't sell them too quickly like some punters today:
21-Mar-24 08:02:02 1.12 219,108 Buy* 1.00 1.50 2,454
21-Mar-24 08:35:53 0.811 219,108 Sell* 0.70 1.10 1,777
How to lose £647 in 33 minutes.
You were robbed mate. Currently 0.75p to buy.
I wonder how many punters are jamming DC's phone now.... you didn't tell us this was going to happen David!!
Bennster,
I never get it quite right…bugger :-)
Always happens when a stick has been suspended for a long time. Placing at 1p and you can buy at 0.8p…with converted shares at 3p.
You were robbed Urban Racer - you can have them for £800 now
hi david
anyone told you you're a ****?
Keep buying Knco
11 minutes in and @0.6
Down to 0.7 doing well knco
Just bought 100,000 for a grand!!!!
Anyone having issues accessing their stock on HL?
So after all the share price predictions from our crazy mates, only one has come true.
We opened at 1p - and I'm in a queue