Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Andy ,
I guess his sense of humour doesn't appeal to you ?
" My first wife was Thai , unfortunately she died of testicular cancer ! '
Snolly
No, I'm not Jimmy Carr, and I find him incredibly unfunny.
Yes Nick Candy may have friends up in those circles, but also whales as big as him have many fish following who are just looking for a signal, that's how these things work isn't it?
Anyway, good day, back up and sitting alright for a positive update early next week.
Remarkable average Gt68! It would take quite a few wild swings and a good deal of luck trading to get anywhere close to your average but knowing when to offload and wait on the side-lines is high risk now momentum is behind MTL.
Thanks for the laugh Mr Sparra, I enjoyed that one.
Nick Candy's mates : Qatari PM and various Russian billionaires, all wanting the SP to be 10% lower so they can get their £10k worth of shares and make a quick 15% profit.
Brilliant.
Are you Jimmy Carr in real life?
Yesterdays release of that RNS and the timing of it now really feels like it was engineered to cause a drop to let some mates in with some cheapys before the quarterly update.
Good morning All I am also still here and have been here since 2019 with an average of 0.65 and have not sold any. We all invest for different reasons, this investment is in my sipp for my pension when I'm 57. Was always in for the long term as it's many years before I can access it and happy to go with the flow. As we await Q1 results have a great weekend all.
Q1 Results Monday and they will be good, shame for those yesterday, lesson learnt hopefully, hold your shares tight, they have the making to make us proper wealthy, that's a Yorkshire term.
Regardless of his motivations, the MMs have used this proper to their advantage and had some folks pants right down. I'm just surprised it's come back up so quick.
The holders of the loan never had MTLs best interest at heart. They were there to make money and they did but now that stream of income has dried up for them. Maybe Candy was short this month from the interest payments - who knows.
Mr Candy selling a couple of Million pounds of MTL shares doesn’t deter me from thinking MTL’s future is still golden.
I’ve purchased MTL shares at 26p and 0.05p over this period and the Candy brother have always been a threat to take MTL private for there own wealth.
I see the above as a bonus because he seems to have relaxed that threat.
Our main stay is our Mr Bowden who is a massive part of keeping MTL afloat and full steam ahead.
We have given him 6 million shares and the new Chairman the same so why would everything seem good with them two main employees if the share price was going backwards.
DYOR and I’m personally here for the next few years.
CV
Morning
Lee, I haven't 'sold out or top sliced', I made that VERY clear from every single message I posted. And it's your opinion that 'it matters not one jot why Nick Candy sold a few percent of his shares', It's my opinion that it does matter, hence the market reaction to the major shareholder reducing his holdings by 3%. Of course there's value at 5p, that also isn't the point, the point is that MTL have gone from saying absolutely nothing and being invisible to the wider market for years, to starting a media campaign to attract new investors. Candy selling doesn't help or give a good feeling to any of the newcomers who bought on last week's highs and are now down around 20%.
So as for 'nothing has changed', well that's wrong, Nick Candy's holding percentage has changed, and so has the shareprice. Doesn't matter to my holdings because (as I've said previously but people choose to conveniently overlook the fact), it's not anywhere near my top slice target, which for future reference is 10p, so again, no, I haven't sold, I do what I always do, add a small amount each pay day.
Sentiment MATTERS on AIM, this company is where I have most of my investment cash, if I didn't see value I wouldn't be here. Doesn't mean I have to be blind to the actions of the people who own/run the company. It's bad form to sell/transfer so close to a results RNS, that's my opinion, and it was shared by the market.
That's all I have to say on it, let's see what the results are and hopefully Candy doesn't sell more of his holdings.
Nothing has changed, it matters not one jot to me why Nick Candy sold a few percent of his shares, it took a private deal and someone with deep pockets to take those £2.5 million pounds of shares from him, that entity obviously sees value in MTL at 5p
The important things that matter to me are we making profits? That answer is clear even without the Q1 numbers, because we paid off the last $19.8 million of the loan in 12 weeks, at Gold $250 an ounce lower than todays value, so I can guarantee you all that the Q1 numbers are excellent, and Q2 will be better again, so that and expansion plans are all that matter to me, if Tygra sold out or top sliced (I have a feeling that’s the case) then that does not effect me, or any one else.
The clear profits are flying in at $1 million every 5 days, just relax and let that fact filter through to the shareprice, we will bank more in the next 4 years than our current shareprice, if you cannot see value in that alone then maybe MTL is not for you.