Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Currently NT to buy more than 5000 shares. Can sell my entire holding at above the advertised bid.
We're going up
IMO the incumbent global titanium miners will be twitching about Pitfield. Pitfield has the potential to dominate global Ti production for many generations on a world-beating cost basis.
By taking Pitfield down a development path, SB has turned-up the pressure on the incumbents. They are now looking at a new entrant in the market with the potential to put their Ti mines out of business. This new entrant is now on a fast track and their time to act is now more limited.
***None of them will want one of their competitors to take Pitfield***
IMO this is a strategic game being played by SB. Rather than accepting a quick and cheap sale/JV he is turning up the gas on would-be suitors. I spoke with him at length in November about this (and other matters) and he left me in no doubt that he is a shrewd strategist.
GLA
Is it necessary to be so disrespectful to swazers? Swazers has been correct here.
I also use TA tools to assist with timing my trades on stocks which I like. I also agreed with swazers' recent bearish assessment at DGI where he was correct again. Those who rubbished swazers at DGI are sitting on some nice losses.
Let's enjoy the SP action here and look forward to finding out why it might be occurring
GLA
Directors and employees have been allocated 28.5m options.
https://www.lse.co.uk/rns/EEE/grant-of-options-mn4ngh0t1y4lydl.html
I think today's buys were a token of support. They'll do just fine from their options
GLA
Same thing happened after the 4p placing and the one before that i.e the SP drifted below the placing price before taking the next leg higher.
I should add that for those believing in gap theory there's a gap at 9.7p from 29 Dec. Will it get filled? You decide.
That's good news. Out of the paid-for-PR-interview usual suspects, Matthew at Crux seems to be the only one who asks remotely probing/difficult questions. I have little time for the others (and don't even get me started on Zak chuffin' Mir!)
GLA
Andrbea, I asked SB that exact question at the Shard EEE event in November. He told me an ASX listing would be a lot more admin work (and cost) for their small team and would take their eye off the ball. He seems to think that the AIM is getting them wher ethey want to be in the foreseeable future.
Personally I think EEE will be taken out by someone big well before they need to think about ASX, FTSE, etc.
I just did a dummy sell exercise just now and the MM's will take all the 1.75M shares in my SIPP (I have an ISA also). That's >£200K worth. This is the hungiest I've ever known them to be.
I am in little doubt about where this is headed once the 'buy-the-rumour-sell-the-news' herd have cleared. I suspect some of the non-Saudi placement guys are flipping for a quick profit also. I am hoping for a steady rise in the next few weeks.
DYOR, GLA
Petro
"Sellers in the background. starting to drop!"
The SP rose from 12.3 to 12.8 in less than hour since you shared this gem of your great wisdom. It also hit the daily high.
You don't need me to tell you how daft you look.
I agree with all the above. Morrocco seems to be blessed with rich mineral deposits. Luckily I bought in a little yesterday but added more this morning. The mkt cap is tiny so huge upside potential here. I'm looking for the next Empire Metals and wondering if this is it. GLA
I would not disagree with you MrJinx.
I wonder whether Morocco's attendance at the Future Minerals Forum in Saudi Arabia is related. Morocco gets a mention here with an MoU signed. Who knows what other discussion were had...
https://www.arabnews.com/node/2439051/business-economy