Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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in at 4.2 should have waited longer but 3.5 does seem to be the bottom here, we were producing 2000bopd and we have been increasing it gradually over the last 6 months, we are now at 2800bopd and i can easily see 3500-4000bopd when all the wells in the 10 well programme have been completed . 6p plus certainly achievable in the short term, if we get a farm in partner by the summer then i can easily see this at 7p plus, at this price you can probanly double your money gla
Any other share when 600k bought and 200k sold sp would be a blue day oh no not ptr why huge potential such a low sp bargin but got no funds
to sell at 5.5p, lets hope it comes soon
Farm out news on sib predicted
I think would be good if we repeated all the sells ???? of yesterday. GLA
I think this is looking good at the moment - weathers going to improve repairs will get done and production will increase. Think all trades today are buys asks gone up all day and the trades are all just over bid and i paid just over bid too for my top up - if the next RNS is good this will get a good rise.
the chances of getting back to my 5.9p buy in any time soon are slim, but a rise to 5p on the next rns is doable
Two blue days in a row, I'll need to reach for the smelling salts! But seriously all those are BUYS not sells hence the reason the SP is up by 5.41%. It's just that they are recorded under the quoted mid price on here.
Yes there is a very narrow spread today. Meaning liquidity is good so that's positive.
Just purchased a few more - I got quoated exactly the same price to buy and to sell?
A blue day with all sells or could it be buys shown as sells
A rare blue day here with a mammoth 1m+ buy thrown in for good measure!
For the last few weeks I have been topping up on a regular basis and have now got my average to below 4p. I have been saying that this stock is still dealt with suspicion because of its checkered past, but at last there seems to be light at the end of the tunnel and the way I see it that it is now very undervalued. All I would ask is that the reports are decisive and not taken from previous ones. Cards on the table time. GLA
whats holding this back? just shorts?
Looks like we may have "hammered out" the bottom on Tuesday. MACD and RSI starting to look more bullish. Can see some recovery from here. Hopefully on the back of some good news. Cant believe we dropped from 6p on worries about production/pressure slippage, back to the same level now with a confident rns and no rise back up. Its a long way back to 6p but i can see us hitting 5p resistance within 2 weeks. imo
As I have suspected for some time now that Buys have come in as Sells. I have just topped up with a 10000 buy but it registered as a Sell. Time for a drilling update on 112 GLA
I must admit you do feel like kicking some managers over this, but now with the better weather on its way!!! hopefully we can get all the wells on line, get the rest of the drills done, then get on with the next target, good thing is they do have some bloody good prospects to drill once this run of drilling is over.
bought in hear just over a year ago for over 9. at the time daily buys were large but there was never any movement,i had done research and on paper things looked good,until MMs started bringing price down,i held,bad mistake.
good on open, 12% up
down nearly 5%,and that on top of last weeks fall,the MMs are really going to town on this,dont forget this company got oil and money,ok they not getting the barrels out they should be but things will soon change then lift off,if MMs leave anything.
News of a possible partner coming soon
I'm in now. gla
i know one thing with aim and that is there are no companys overvalued,another thing i know is there are a hell of a lot of companys undervalued,and also the practice of showing buys as sells,thats something that really makes no sense at all.
SMITHYY - I think you make a good point. I am all in on AIM stocks currently but there is a lot of red every single day. MM's need to bear in mind they may be killing the goose that lays the golden egg though. If PI's start to give up they will be left looking at empty trading screens each day.
could not have put it better myself,i think the only ones who like aim are the MMs and traders "in the know" so to speak,its gone way too corrupt and the maddening thing is they can get away with it.