Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
RNS tried to be positive but very weak in my opinion. Positive results and subsequent commercial deals are the only thing that will send this SP northwards. Too many other companies out there working hard with optimistic plans but results and cash count - unfortunately this company has history of no end result and burning cash - as a small holder I hope I’m wrong but losing confidence.
How should we interpret this ??
Half empty says we know where we want to get to but are lost and keep telling everyone it’s round next corner
Half full says on track to reach destination but just taking longer than expected
All opinions welcome
I agree - got over excited about the RNS - no science to this but my gut feeling is that it will drop to 11p in next week and then hover 9-12p based on what has happened previously for rest of year. Next update early next year will be critical and good news could then hopefully lead to 100% jump and 20 p plus. DYOR
Interim results due any time ~ Last years were announced on 25/9 #as soon as they are published I cant see SP staying where it is ~ My guessing is good news and we will see a spike to 12-15p whilst anything else either bad news or neutral will see it drop 2-4 p. Fingers crossed its the former and enjoy the ride
Need some strong news on trials if price is going to go up. Institutional investors are what is needed but they aren’t interested in neutral announcements about solid progress without positive outcomes and signs of commercialisation. Good news is needed to strengthen N4P credibility.and send that SP northwards.I hope it comes soon and is worth the wait.
Thanks Hugh for informative reply ,new to board and no shorting intended. Small investor concerned at delays to projects and lack of good news coming out at moment. From what you write cash flow not a problem in short term.