Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Once the sellers are out this will rally past £2 as there simply isn’t enough stock for the mm’s to fulfill the huge orders that are waiting to be filled.
great start of the day
People can’t blame Twitter rampers here. There only appears to be 3 of them this morning lol. This is moving on the news and realisation of what the true SP should be.
In a weeks time I can see £3+ here.
Remember even at year high, they had nothing like the deal they have just struck yesterday. This is min and should break through this..tiny free float and these are most likely being snapped up by institutions..don’t give them away cheap!
Not even back to the year high here on this news. Can see £2+ easily today and them more next week on media coverage over the weekend
Wow!!!That is one very happy man!!!!
Think after that transformational rns then the CEO call, I would have thought it would be criminal that these would still be under £2...we got more on rises on Twitter rumours than this on even modest funding news!
Finally moving, hopefully we got rid of all the traders yesterday and early today...should move fast as free float is extremely tiny as you say!
Yesterday’s news was transformational. These should be £2.50+ at least yet there are sellers??? Such little stock too the mm’s should be paying premiums to fill their orders.
Plus have you seen how tight the shares are held.Only 15% available!!!
Good summary there, this is a once in a decade type deal..don’t come very often. I will be immensely surprised if we don’t see a surge in the SP in the coming days and weeks. Many institutions will be piling in now and why not. The single biggest risk with pharma companies is funding..in one stroke this hugh has vanished! Just look at majority of the pharma companies cash hungry and risk of going under all the time due to limited income!
SLN in the last three years has seen its sp drop from £3 to around 60p. Today after what can only be described as a game changer sees the company in bed with a massive party. Truly massive and they clearly really like SLN. So much so they will have executive presence on the SLN board Will buy $5M of shares AND give SLN an u front payment of $20M. Thanks very much guys!!!
So whats next Well the FT has commented on the collaboration. Proactive released a summary pretty dam quick and last but not least could this lead to an IPO? Might our new business partner increase their stake. I would if I was them unless there is an exclusion clause in this deal?
The future of SLN is completely assured which can only mean an increase in the sp from here. The americans without doubt will be getting wind f this new collaboration and will be looking to buy shares. There is no way anyone should sell these shares. This share long term will give its shareholders a massive return. Be patient and wait for your capital to grow. I am!!!
By the way this deal is only for two of the company's assets TWO!!!!! and long term is worth over £1B plus royalties !!