Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agreed spindok Any sales are loss making at current SP - if people selling from recent placing they got in at 7p ... why sell now on a small drop from what you paid? You wouldn't right. Anyone else is making significant losses. So looks to me buys appearing as sells. Yes - people could just be cutting and running but I don't see it. Ive been here a long time. So I may have gone snow blind ... but taking a step back and trying to balanced. The trade show Nov 22nd - was very positive. That was our last update. The new brokers have a an SP target of 22p (although I don't pay much attention to that). No news has been released - so as I said last week ... up 3% ... then down 3% ... I don't mind/care right now I have to believe (for my sanity) Erik and team are now working on building dist network and sales pipelines. If next RNS says that's not the case then I will allow myself to worry ... for now its all just smoke and mirrors Ive held here for a long time and I intend to continue to do so The placing took us to new lows. But - raised �2m to fund what we are trying to achieve So for now (snow blind or not ... I think I can still see through the goggles) hold strong
400 Let's hope it's the calm before the storm Confident we will have a RNS this month
This will just go up and down now until news Down 3% ... Up 3% Ignore it ... unless you want to day trade and make a few % ... Confident of official news in Jan ...
why red? - no idea. All guess work and theories No news has been released to suggest anything negative, so the MMs are moving the price - why? No idea - could give some theories, but largely no point. There should be an official CPT update via an RNS this month on progress on distributor sign ups and orders. That update will either be good news, no news or bad news
Hindsight is a wonderful thing ... But ... we have had the foresight to invest here. I did a small top up at 7.65p (breaking my own rules to). Sticking to my lot now. Been a great trend so far in 2018, long may it continue. But I also got in here originally at 17p ... 10p - agreed this is first milestone. With the holding I have I would like to see us pushing past 30p by mid year. Convinced myself I'm not selling to +50p ... but that may be a pipe dream ... just a random figure BTW ... no math behind that, brain too small ...
Agree with your comment on how long these things take - approval boards, governance, bloody finance sign off : ) Feels like its now or never for CPT (tad dramatic perhaps) ... but the show back in Nov for me was "well guys we have proved it works ... over to you" Little tick up today - nothing is really BLUE until this is back +15p ... I'm still saying March ...
At least we seem to have a small bit of positive movement ... hopefully market is thinking this is about to release good news ... been nearly two months since launch event now ... I also log on each morning and check for the red dot
Couldn't agree more Spindok ... a long road ahead ... strap in
To see some BLUE
In his last interview Erik said he was looking forward to updating the market in January ... so we have to wait now for what comes In an ideal world - the conference back on 22nd Nov created the interest we needed and distributors are signing up and working on business plans / orders. Personally - this is what I am focused on. We have enough money for 2018 now so that's not a blocker. Its now down to sales. My fear like a few was that the MyLotus would not stand up in the Chinese hospital trials ... to quote the lead Medical Officer "My Lots matched hospital results virtually 100% and exceeded all expectations". So IMHO its now down to three things: 1. We cant get interest or a sales pipleline - personally I think this very unlikely 2. We start to go into full scale production off the back of distributor sign ups and confirmed orders 3. We cant get to full scale but such is the interest we enter a JV or a take over with one of the big boys Options 2 and 3 wont happen overnight Just my thoughts for discussion
Logged in ... took a sip of tea ... almost spat it out seeing a RNS was out ... New year clear out, so yes let’s also get a decent PR company!
Agreed Researcher1 nothing of concern ... if anything it’s a good thing ... we found a problem, we fixed it, we learn from it and we have hired an expert to make sure it doesn’t happen again. This was never going to be an instant win March ... just my opinion .. but I think I said that about March 17 ...! I honestly believe we are almost there, providing those 31 distributors turn their interest into signing up and sales sales sales. It’s clear the product works and we have funding. So my logic says ... last two fences in our China Grand National are The Distributor Network and The Sales Pipeline Forgive my sporting references! Also Erik ... never met him, but over email and publicly comes across as genuine and professional. He is willing to reply to many of us directly which I like. I don’t care how many shares he buys or doesn’t, his business. I think his gamble is MyLotus as if he and the team crack China and EU he wins. He will have options as part of his package anyway. Good luck all
Overall this RNS doesn’t bother me, no new news. SP doesn’t bother me. I have a feeling March 2018 will be the game changer. Agree that PR company needs a shake. Keep the faith ... it’s a long game ... 31 distributors recently told MyLotus 100% match to hospital testing and exceeded all expectations ... fully funded for 2018 also ... EU push in H1 ... Supply chain issues will be fixed
Very well put!
5% down ... merry Christmas
Read that RNS whilst playing Benny Hill type music ... frustrating But ... happy to get all the gremlins out the way now
Spindok ... JimboD ... Gibson ... et al and all LTHs and newbies ... I wish you all a very Merry Christmas and I wish us all a very CPT £££ 2018! I think she will creep her way along for a bit more but hopeful come Feb/March ... Keep the faith
Apologies Jimbo I cant find the document and not had time to check back through annual report - pretty sure the numbers you quote are there are there bouts!
just carry on as normal ... don't upset her she is a sensitive beast ... just let her do her thing now ...
.... come March we will have Messi, Neymar and Ronaldo up front : ) From memory it was £1.5m and then money making by 2018. I can check as have all that saved somewhere!