Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Huge volume again on the ASX, 0.12 taken out for a while and options (0.11) now in the money which is creating resistance.
Remember we are confirming, 384m @1.1g/t Au. It didn't even finish at 384m (which is already huge), we are drilling 500m I believe, imagine its all the way.
On top of that we have Mira which is at FS - 2.8Moz AU.
Also news could land on an agreement with Anglo for Chuscal (massive anomaly) and/or sale of Chille assets such as Mollocas, which are up for sale.
Huge potential, remember at Tesorito we are confirming old results, its not a stab in the dark. Those results are already big.
AIM asleep.
DYOR, GLA
Update due soon I would think
Guys on Hotcopper quite bullish
Looking forward to these Tesorito drill results, if they confirm the historic results I am hoping for a good few bags here back to decent market cap. We may even get some surprise news if they have managed to sell Mollacas. Then there is the anomaly at cusucal. Good times ahead are 5 years of pain. Getting in now fresh is an absolute steal.
DYOR, GLA
.......don't think there are enough trades going through with peeps buying enough volume. Can have a juicy pump and dump day. Let's keep an eye on it.
http://www.metminco.com.au/site/investor-information/Top-20-Shareholders The Top 20 shareholder analysis is subject to the accuracy of information provided by nominee shareholders under section s672B of the Corporation Act.
Was the last news printing shares or consolidation? I think it was printing. So we're due a consolidation before the next print run. Does the company own anything? They are fast approaching a billion Aussie dollars of fund raising. I'd like to see Howe's yacht. I bet it's a big one. Must cost a lot to run. There was a short term cash generating gold mine mentioned a few years back. They mentioned trying to sell assets to raise more funds. There was a placing recently. This company has been alive for years and years and years. Do we even have a permit yet? Where did all that money go? I'm waiting for the next placing. I think we are at the pre drilling stage somewhere in the world. My 20k investment is now worth in the hundreds. It will never recover IMO. I'm surprised they haven't delisted.
Wouldn't think of selling at rock bottom prices. Three results were ok but not amazing. At this price even a sneeze is bringing the price up not down.
I dont know what to do here i have 8400 shares (from previus spli) now 1343£ are 46£, sell ? Or hold??
....cant trade through IG have to ring broker. Any news coming out?
23 trades today on the asx, think over 80% of weight held there. My buy on the Lse traded on the NEX exchange and doesn't show here. UK shareholders treated badly but I think a turnaround this year. Mira still on target and a good tesorito drill next month could completely turn this market cap around. Yes market fed up. But asset values are there.
The latest RNS shows that Lanstead Capital's holdings, as with the rest of us, has been totally obliterated by the latest dilution. Watching this share makes you wonder how any of this is legal. The constancy and magnitude of the dilutions in such a short space of time coupled with the sale of the biggest asset makes you wonder where the debt is coming from. What did they do with the hundreds of millions of dollars they raised and yet don't have a shovel in the ground. After years of bags of cash they haven't produced an ounce of gold or a single piece of copper. Really it's been hundreds of millions of dollars. I haven't seen a trade in months, buy or sell. How can you buy a share that not one person buys? Anyone in their right mind would have delisted. Something very, very, odd about this company. IMO DYOR.
Two fifths of bugger all is still worth two fifths of bugger all as the damage is already done.
looks like it could drop yet further.......I know it looks stable but over the next 2 months I would expect another collapse. anybody have the full listings of who owns what now? above 3% needs to registered. then every whole 1% change up or down after that. that many issued means massive voting changes. transparency. aim rules for money laundering apparently, but has other benefits. Or are they playing the joker of we tell you when we feel like it? it should all be down in the RNS. investor informs the company then company issues news on RNS. IF THE DIRECTORS HOLDINGS ARE AT THAT LEVEL AND ABOVE AND HAVE HAD A CHANGE WITH THE RE`ISSUE, THEN YOUR DEALING WITH A VERY BIG GAMBLE IF THERE NOT STRAIGHT ON THE RNS........
Same here, -£7k to these idiots
I lost 8 grand in here. No one in their right mind should touch it with a barge pole. Criminals the lot of them
did i not warned you ...LOL ....
.......day for this will be
Looks like someone is desperately trying to sell into this placing. Up to 0.17 in Oz then a million sold and back to 0.12. A million to most of us would mean a loss of hundreds of thousands of pounds. You can't touch this, it looks like they can't give them away.
Suckered some sophisticated investors to care of the directors monthly salary bill I see.
nts
Think yourself lucky. My book value has dropped to �9.84 from the original �3050.00 invested. Never be rich at this rate lol
now they are less than 60 EUROS??? incredible.... another sable mining or central rand gold?? i have all these too what a full disaster, why they don't send this ceo to the jail... shareholders have lost 96% of money invested a full disaster
I reckon they are testing the water to see at what price anyone will be interested to buy in. If nobody at any price [as it seems by the volume] then they might issue enough shares at 0.4 [or less] to completely swallow everything. So far the market has shown no interest at all. From 2.5 to 0.4 on the back of the latest placing.
Yesterday that the rights issue didn�t apply to me ?? Thank god for that !! Because the way this is going they will be holding guns to peoples heads to force them lol Or are they so oversubscribed that they can get more money from their holders ???