Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I read, but do not believe. You cannot kickstart a multi billion Pound project with salami slice funding. Not credible, imo.
..have seemed a little odd to me in the last couple of days, is there a big buy being worked through while holding down the SP? Maybe, just maybe...
are we overthinking this totally? is a strategic investor really going to *****foot around with feed funding only? it is either worth investing in our not. simple, invest 800m to 1bn pounds and it buys you 20% of company and the project goes ahead.
Top tip, print out the RNS, highlighter pen the key phrases and hang it on your fridge (or booze cabinet, whichever you visit more often π). Have a great day all π
Maybe they want to award themselves lucrative bonus targets, let's not find reasons to miserable.
Maybe they want a healthy SP as well as signed investors? Not that outlandish, Mitch. This is still a publicly listed company after all.. happy face everyone π€£ .
I am still intrigued by the daily trickle of persistent sells. All very odd, but I am of course heavily biased..may be some people just don't get it?
Not expecting it in a day, Jiving π. All it takes is a bit company PR and some national rag to run an article, this would go ballistic. This is so unbelievably pent up..
Time to close that 12800% gap to NPV, and yes we won't get it all (I know, I know π); let's start with an initial modest target of a tenth of that, say 1280%...90p odd..
So, is the deal done and the gag lifted? Incoming investment imminent? Looks like it !
Thanks MM, that would be superb π
Thanks for that, extrader. The conversations and different points of view have been useful for me today. Helps balance out my own inbuilt biases π.
Almost double the NPV and we are down 0.39% (7.75p). Broken market.
".."NPV is much more than any old 'indicative tool'..."
ATG's comment, not mine."
For the record, that was not my comment.
Ps..if Zanaga was magically in Oz, you would use a different less punitive discount rate . It is implicit.
A thought experiment for you extrader...be honest..has your personal notional target for the value for Zioc doubled on today's news ?
I suspect it has not, thus you are discounting (lol) the NPV in your own head. Maybe you still subconsciously think, as many here do, this cannot possibly be worth that much. To good to be true etc..Our mental biases and illusions are immense.
Our news, sp rise and sell off cycle is becoming ever smaller and constricted and the small gains cashed in are getting ever smaller. This pattern is self limiting and should break soon..coiled spring, imo.
NPV is an indicative financial tool and by definition highly punitive in discounting the future value and return. I agree with you fully MM. Strategic investors looking over decades project life time (Saudi, China etc) are highly aware of long term and strategic value.
Hi extrader, just one comment to your comment "The increase in NPV is very welcome"
Imo, is absolutely fundamental and crucial, the pie size determines the return we get, even it is a portion of the possible value. Also, if this does still turn into a full buyout, then our potential percentage return increases hugely due to the NPV increase. We can be far too blasΓ© as to what a monster investment this actually is..
Or as our broken market sees it, every $7bn is worth 8 pence a share. Roughly Β£50m mcap π€£π€£π€£π€£π€£π€£
Total joke!