Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Been through RNSs since IPO, cant see 1 single purchase on open market from the BOD
I'd say a bit of both.
Isn't that more a case of you using a pony broker.
Not a problem for IG or interactive investor clients
Hey buddy
Not that I'm aware, seems off the radar at the moment.
Here is interview from 2 weeks back stateside
https://youtu.be/6qoV5aoxQGE
It's more than £1.01
$170 million enterprise value gives £1.25-£1.33 around this exchange rate. That's without further deals or any uplift of SP on listing
Update is now Monday i think, but agree a bit of an own goal by the BOD puttng 3 weeks on last RNS.
It was obvious they would test one or two zones for this well so there was no way it would be done in 3 weeks.
My guess
There is also defo a buyer scopping up in 50k chunks, been 3-4 today so far, all delyaed by an hour or so, also on the rsp there is way less today on the ask. Think our seller/s offloaded most yesterday.
hopefully down to dreggs now
Pretty much 100 days since last coal update.
Would of thought any negative news from the samples would of been known long back.
Some entity has taken circa 8% of the company today, should find out in next day or 2.
1. Could be chinese who might partner up or even buy out coal asset.
2. Or royalty company who'll finance capex for the gold
Hi Visitor,
Agree with #THS being a long term view, but still think its under priced.
The $117.2m Capex includes the Vulcan Project of $52.8m, the PPT states they may seek debt to finance this part of the capex.
But given they are now making $1000+/oz extra margin on the 6E PGM's since Jan ,,if prices hold around this level they should be able to manage the whole capex commitment + debt repayments without seeking to add further debt.
Agree crome for this year will be a smallish write down loss.
The capex will position the company to be producing and annualised PGM rate of 200k before 2020 YE, so 2021 outlook should be for 200k/oz PGM & circa 2,000,000 Ton of Crome.
If they achieve above , there is no way this will be valued anywhere close to £200M,
I've sliced this AM for £100 loss as RSP is showing seller adding to ask constantly , but its certainly one to keep keen eye on.