Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Possibly. But there has been a few Holdings RNS ' lately
Leaked news? What do people think?
Something seems to be brewing, final results due soon. Unfortunately I can’t get too excited though after all the years of false promises, but I would love to be proved wrong
Heavy volume going through here the last few days but by my calculations the company need to raise fairly imminently given £8m/year net cash burn and the £3.2m end of year cash balance.
Anyone have any clues as to how this is to be funded?
so there it is - HSBC go from 5.01% to "below threshold"
HSBC went in big here boom
I'm confused. The RNS shows a load of shares being purchased on the 23rd, yet the price didn't go up from the purchase? Must be reading it wrong?
we’ll soon be able to have that 30p party that David Breith was always on about. I also saw a presentation from FB where he was confident of turning this into a £5 a share company, I think 5p would have been more accurate, shocking management for years now
Cash almost gone, no real business growth from the "pipeline" Disgraceful, big salaries, small brains
Yes bailed out with a small profit after several years of holding from Coms days , Just can't see how this is going to improve, the cash burn of £10m in a year isn't sustainable. The next thing will be yet another placing for working capital which will see the SP move further south. No news, no contracts wins, the silence from the BOD in my opinion says it all. Two small acquisitions, which seem to do doing really well but not enough to sustain the cash burn. Good Luck
Guessing news is coming hence this drop. Maybe an investor dropping out as I cant see it being an acquisition so soon after the last one. Either way, 7% seems too much to be based on nothing other than sentiment - that's been the same for ages so betting on less than ideal news this week.
Popped by to see how its going , down again , surprised ? NO
What a shower of sheet
This reminds me of the coms days.
https://breith.co.uk
Shocking,The Bod’s are not fit to run a bath....
And what happened to all the millions in cash they were sat on from the Redstone sale? Very worried about the cash burn here
They have achieved "F" all for years , spent a fortune on BOD salaries, and now they want to buy a company for £3 + mill
via a placing
The are having a laugh , but its not funny is it , Brass neck springs to mind
Last year they notified us on the 9th October of the date for the half year report which was then released on the 16th Oct.
Running later this year obviously! I assume because there is no interesting/good news to announce and certainly nothing to get this share price to the £5k target they keep mentioning.
Going to have to consider writing this one off soon due to the inactivity of news and the share price itself. Can't see anything changing in the forseeable future
Worzel
You have a very strange perception of what is ramping. I did say. "Hopefully for us LTH's, news may be on the horizon." I also did not specify what kind of news this might me, it may be good, indifferent of even bad". You clearly detest this company and are not invested here so why keep sticking your oar in.
Perhaps you should look closer to home at real ramping that you and many others are responsible for on Sirius Minerals SXX which has fallen almost 90% in the last year and is close to folding.
SMRT is only down 15% in the last year. This looks positively brilliant when compared with your SXX.
Nothing happening here?
No news since the end of July.
No chat from anyone here for a month....
For a quick look to see if any changed , nope , still the same sheet, only people making anything here are the BOD
Spot on Worzel! Please bring back DB, those were the good old days! Days of winning iPads, Pirate’s days, Fun Fridays and so much more.
Cant believe 4ps and erv1 are still ramping this dog turd of a share, bring back DB all is forgiven!
For someone , out of nowhere to buy £100,000.00 worth of these suggests that for whatever reason they have got great confinence in SMRT. Hopefully for us LTH's, news may be on the horizon.
Bigger buys today!
someone with deep pockets!