Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Still half an hour to go but as play is now, not a bad day,
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Just to let you good folk know that Dstrat1274 is a very, very , very irritating poster on GGP, it a holder imho - perhaps bored.
Anyway make you r own mind up but avoid being disrupted even if not a absolute oaf on this bb - posting history does not lie.
GL - with your investment - TFG
Above 94 today wohoooo
Still half an hour to go but as play is now, not a bad day, although it went a bit Rogue at 3.30.
Time or order some beers and cider, any recommendations?
If it closes above 93 today I'll go get drunk
Also remember, deaths lag cases by 2 to 3 weeks and cases lag vaccination by 3 weeks. So ongoing high deaths is not a surprise.
Plus vaccination of over 80s is just about complete. So lots of data to come yet. Anyone thinking vaccines have not helped are jumping out too soon IMO. ATB
Thebeer, me too. Was watching for some time and can't see it dropping too far from here. Upside is huge and once vaccine related drop in deaths and transmission starts to accelerate, this will re rate fast.
Yes deaths are still high but this is legacy infection related from before the vaccination roll out. Will be another 7 to 10 days before partial vaccine effect kicks in. Not long to go.
If it goes down, I’m certainly buying more, so anyone deramping is not achieving their objectives.
Yes - Rsmithy007 - 100% yes. A more comprehensive version of my own views at 4:00 this afternoon. There is as much conviction on this BB about it falling as there is to it rising. But facts are not the same as opinions and the facts won't be apparent until after the event.mThere may yet be a further slow descent but equally there could be news which suddenly sends the price leaping. Which could happen tomorrow. Or next Tuesday, or in a month's time.
FWIW, I'm in for the medium term. I think there will be a slow and unsteady return when warmer weather comes and vaccination across Europe and the world reduces the danger of both transmission and fatality. If the price triples from here it'll still be 1/3rd its pre-Covid level, and we're talking about a leaner, potentially more commercially aggressive firm, targeting diversified opportunities and with Brexit trading uncertainty behind it.
A very well written and practical reply.
The thing is as I said earlier most people on here will concur with your thoughts but those two posters in question will not. I have filtered one snd the other is imminent. They have a purpose on here beyond that of genuine fellow investors.
This could go to 55p or it could fly to £2, the thing is none of us know the answer, otherwise you wouldn’t be on this board, we’d be enjoying the millions that you have already made.
Everyone is entitled to their opinion but just shouting random numbers is getting a bit boring and becoming like a school playground.
My take is this.
At present we are at one of the lowest points with regards to this share, okay it may drop another 10% but it will bounce back up.
We’ve had lockdowns, we’ve had tiers, we’ve got almost no travel, we’ve got new variants and the economy is taking a dive.
But we have got vaccines and we have people who want to fly, those that no matter what, after such a bad year are going to travel to see family, to see friends, or just treat themselves to a holiday.
Business travel will return.
You see the want is there, the need is there but the service is unavailable.
We were always told winter would be an horrendous time for the NHS, this was true only to be made worse by new variants. Easter was our goal only for the date to moved yet again. It’s that time of year when people feel there lowest, when after almost a year of hearing and experiencing negativity, people are starting to wonder if it will ever change.
It will change, the vaccines look promising against variants, spread and level of infection.
I think it will be end of March before this share starts to move in the right direction, (thats not to say it won’t fluctuate up and down)
why, vaccine roll out, renewed optimism, further research and answers.
What you have to ask yourself is can RR last that long and in my eye yes it can.
It made that decision back in October to raise funds, to restructure at a quicker rate, to make cost savings.
Covid has given many companies the chance to stop and look hard at their business model, to see what makes money and what doesn’t.
This share isn’t going to fly overnight it will take time. When there’s progress against covid it will start to climb( I think we’re start seeing this end of March) when it it starts earning it will go further, when it lowers it debts it will increase again.
All this will take time, it won’t happen overnight.
So if your in for the long haul ( intended pun) then yes this share is for you, you just have to have patience and I gnome the negativity.
I’m happy to hear valid points as to why this share will bomb. As an investor I like to look at both sides of the argument but please give reasoning behind your opinion not just a random number that comes to mind.
Please note this is just my opinion ( to which we are all entitled) not financial advice, always do your own research)