Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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most of the sell volume is actually buys except the 2.32 one. Once it breaks 5, chances are it will pass double digits...
Thankyou,that makes a lot more sense,but it still means that they have client(s) loading up,probably on their advice.And those client(s) now own a significant % of OTC.A bit like Sprott strategies in a smaller way.
fulmar29 - Optiva is simply a broker. The holdings you refer to are on behalf of its clients. Its not and investment fund, so no TR1 is required.
Optiva "put in" £1m @3p and then "facilitated most of the £!.7m recent placing" then" 9p valuation",if I have not misheard, then Optiva (who apparently are not our broker "yet")own nearly 50% of OTC with no TR1 /RNSissued The first £1 would have needed notification.I must be missing something (apart from the obvious thankyou)
How many left
Load it, market cap is 15x-25x lower then the actual worth. Last time casa mining director sold an asset in Africa, they sold it upwards of £100m+...can history repeat again here, we have four assets in all and they are all massive.
I like the look of this... dipped a toe in
Stop panic selling. This is fundamental significantly massively stupidly horrendously undervalued! Hold for much higher gains :))
Ditto..found the same thing for the last few days...best time to buy is around 4pm I have found...few more would not hurt but I am near enough loaded
tick up expected
thanks for the link shareinv I hadnt seen it.
positive movement
Also hopefully most placees and panic or relief sellers are out now and majority of shares in stickier hands of investors who can see the real significant potential here.
shareinvestment-i posted this 2 days ago.. optiva are no mugs
Chaotic, I think the masses haven’t worked out yet that the new management and their strategy based on Casa mark the start of a long overdue re rate but you can see that smart investors are starting to come in. No wonder C Dennis from Optiva Securities mentioning 17minutes in that OTC is his top pick for next year after having backed ARS and other mining stocks https://audioboom.com/posts/6546180-phoenix-global-mining-pgm-hemogenyx-pharmaceuticals-hemo-christian-dennis-on-ars-otc-uog-upl-and-connor-campbell-on-dc-purp-spd
If the Jorc resource for the DRC project does reach 4m au oz, we are looking at an asset with an capability of delivering £4 billion+ pound (from the current 1+ billon) over the life of mine value....that's something which can take this company from being a junior miner to mid tier mining company....
Nice RNS...and with only around 300m float, this would soon come under the radar...calm before the storm....
As Casa is the main trigger for our 2017/18 massive re rate. Top up if you can and hold tightly to your shares in my opinion.
only 235m + 100m share float, most in long term hands then day traders and fully funded for 2018. Cash in bank would significantly help in assisting phase 2 drilling plan of casa mining plus the updated JORC definition. Could be 10x - 15x by then...any strategic agreements over Slovakian, Zambian and DRC asset would trigger the share upwards. This still leaves the Eriterean asset stake as an additional project that could be sold to further fund the other three projects. All in all undervalued by massive proportion as the overall market cap should easily be near 50m mark rather than the current 5.5m market cap.... DYOR
This is exactly how I see it. Casa first and Zambia next.
oh yeah.....
That's why it's chaotic as well...
Not so much calmness going on there friend....
Epicly undervalued till it reach 50m market cap, then not so undervalued but still would be....not many aim junior miner at the moment in AIM like ortac with potential revenue of upwards of £3 billion pounds.....
Epicly undervalued till it reach 50m market cap, then not so undervalued but still would be....not many aim junior miner at the moment like AIM with potential revenue of upwards of £3 billion pounds.....