Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Market Cap / SP is not baed upon current revenue.
It is based upon where we are going to be 3/6/9/12 months + from now. We are only at $35M / 3p because the market does not yet believe it will happen.
I believe that this will at least 10 bag this year. Not based upon 2021 revenue, as there will be very little, but upon 2022 and beyond.
Do I guarentee this? No ! But just the MSC rollout on its own would justify this. And MSC is far from being the biggest fish in the QFI sea.
I truly believe that this time this is gonna happen, and that those actively trading here from now on, are plating a dangerous game. To date we have very little institutional buying, or third party wanting to take a share of the company, but those days will come, and maybe much sooner than many here think.
I do not believe we will be bought out anytime soon, but for sure that has always been the end game. But I would not be at all surprised if a larger player wanted in, and at a much higher price than we are now. As for example if somebody bought 10% of the company for 10M, not only would this solve all our future funding problems, but would be a drop in the ocean for them, and the market would instantly reavaluate and rerate the value of what we are on the brink of achieving here in the years to come.
Just my thoughts.........
I completely agree Indigo. In my former life I used to deal with Kennecott Copper, and their operations there were off the sscale, as their mines were larger than most cities.
To be honest Torreaguas I am not surprised, because the potential of QFI is so much greater. And the more people dig, the greater that potential appears to be.
I have been a holder now for 10 years plus, and due to my financial situation do not hold as many shares here as I used to, but I am still excited by what is happening now. Whether it is this month, next month, or even early next year, this company will begin to get the recognition, that it duly deserves. And when it does, the SP will fly far beyond, where it ever previously was.
I completely agree that an update is needed !!
Probably like many here, I follow the virus numbers closely. Morocco was not as badly affected as most, and should be fully open for business soon. And if Mike and co are not already making plans to you there and begin the trial, I would ask them why not?
As to be blunt, the risks of being there, are much lower, than at home in the UK. And I am very sure too, that even if flights are not available now, they will be very soon.
And if a private flight saved a week or two of further delays, even if it is a little expensive, this should be considered too.
Sorry, I meant TNEB not ESL lol !!
On balance, it is best not to name names. But I have often thought about trying to make contact with SS, to get his take on what really happened here. On a one off phone call or meeting, genuine expectations are relatively easy to fake. But not if you have many of them.
Over the years so many orders, or contracts, have vanished into thin air, despite the fact that several of them were worthy of an RNS. And no explanation, has ever been given.
Several years ago the reported pipeline of actual orders expected was $120M plus. Even if over 10 years, this would produce $1M a month of actual income, plus whatever new contract we won.
I am very much out of touch now with what is going on here, but in its own way, the current SP tells me all I need to know.
Still have a couple of £K's invested in this stinking cesspit of a company. Luckily I did not have all my eggs in one basket, as otherwise the £300K + I lost here, would have put me on the streets.
I still remember being told many years ago, that the ESL tender was in the bag. At the time the SP was around 0.5p, which after the I for 200 split would have been £1. And where are we now? I will tell you, down 95 % !!
Fixed price, and for a fixed time period, but do not complete the transaction. And in the case of QFI, I would usually do 25K, 75K, and 125K. Only takes a minute.
I make my living by being a private investor. This is now my only AIM stock, which is why it drives me so crazy lol !!
Unlike many here, I do this full time, and have done for over 10 years. And before you ask, I am still well below regular retirement age.
Indigo22 if you do regular dummy trades, it is very easy to know what is a buy, and what is a sell. And today so far as I could tell, there was not a single sell reported.
But the other poster is completely correct, as I am sure that there is stock being shifted around. And I am sure that like many on here, I now wish I had sold all my QFI a few weeks back, and bought them back through the open offer, with lots of nice warrants attached lol !!
The 650K buy was shown as a don't know earlier. And they have now widened the spread, and have moved down the real buy price a little, so that now buys are listed as sells. This has been going on for months !!
I have been watching this very closely today, and I am not convinced that there have been any sells since market opening.
Buys today are almost 10 to 1. There is also the 650K at 4p, which is stated as a do not know lol. Clearly at 12.13 it was a buy !!
And yet the MM's are determined to make this a down day. No wonder many investors now refuse to touch AIM, as it is a completely rigged market, with almost no basis in reality.
MBleu357 I completely agree about the MM manipulation here. I said exactly the same thing a few weeks ago. Forget what is reported as a buy or sell, but look at the real ones, and the SP movements do not reflect what is actually going on. They seem to be encouraging churning, by moving the SP up and down on a regular basis.
I think that when this week is done and dusted, the SP will begin to climb consistently, as any funding fears will be over, as with almost £4 M coming in now, and another £2 M next year, plus the warrants if they are exercised lol, no more money will be needed for at least two years, maybe three !!
This will only change if and when, major developments occur, which will be a positive thing, and not have a negative effect upon the SP.
Another MM manipulation day lol !!
1.7M shares bought, 300K shares sold, but the SP is down.
AIM is just getting worse and worse, no wonder investors are leaving !!
I completely agree Rob79, as I too believe that many ducks being lined up for the month of September, and that by the end of the year, QFI will be flying.
I know that the advertised spread is not real. But even so most of the time the real spread here is between 5% and 10%. Maybe it just me, but this seems so wrong !!
When you buy shares here, it is almost like buying a new car lol. I know this is AIM, but I truly believe that for many months now, the MM's have not only been operating with huge spreads between the buy and sell prices, but have been moving the price up and down at will to create churning.
The recent excessive movements in the SP price, do not truly reflect the actual buying / selling taking place, as very often most of the buys are registered as sells, due to the constant manipulation of the often unreal spread.
Full glasses lol ?
Although I did not dial in yesterday, I did listen to the call in its entirety this morning.
Tim Kempster (or whoever he really is), voice was so strained, I thought he was going to cry. It was almost as if his whole life depended upon QFI failing.
It was very sad, and I hope that he gets the help that he clearly so desperately needs.
Sound advice, or a concerned shareholder, I think not lol !!
In fact he kind of reminds me of a poster here.....
Not only a troll, but a very rude troll.
And if he is a LTH, his negativity towards the BOD, and know it all attitude, beggars belief. If anything a Slow Ticket should be issued lol !!
I have been invested here for over 10 years now, and what a rollercoaster it has been lol !! But if QFI can achieve at least some of the things that they hope to achieve, the SP will more than 100 bag from here. and very quickly. Crunch the numbers, and you will see that I am right.
Of course there are no guarantee's, but I expect this to rally up to 10p - 20p within the next 3 months, simply because the word is clearly spreading.
Exactly right ITT. I worked in and around Lloyds for almost 30 years and to become a name you only have to put up a small deposit. Is very similar to spread betting.
I even know of some cases whereby employees of syndicates were sponsored by their own syndicates. The idea was that profits made would be like a bonus. Unfortunately the losses were theirs too. Many ordinary employees were sadly made bankrupt over the years, as they did not understand this fact.
M13 I think that we need far more than £5M as Cyan revenue numbers are always lower than expected, as orders as advised via RNS for the most part never materialise.
When SP was 7p we had over £100M of orders on books. SP is now 13p because we now have an extra £15M which may or may not materialise. Simply makes no sense IMO.
And why are people buying now rather than waiting until another massive dilution hit has been and gone?