Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@Torre - interesting comments. Was going to ask earlier about your supply chain etc and how easy it was to access masks.
The fact that you're struggling could be taken as a positive - demand is greater than supply. But could also mean that the supply is lacking significantly.
Would be interesting to know what their output is to gauge supply vs demand and what sort of figures they're seeing
Just my opinion, DYOR.
Yep, there's no doubt the ore is there (my Dads reaction was similar when he saw the grades reported too).
Apologies, I didn't realise the pumps/plant weren't complete - from the website it suggested that the pumps were in place but just not operational at this point and the treatment plant was built (but not operational).
Given their current funds are for drilling, would you anticipate another fundraise being required if the results were positive and viable to extract?
Many thanks for your straightforward and informed response.
@Torre - some big buys coming through now - could be an interesting morning.
@Torre - yes agreed.
Yesterdays pattern was a bit different to the day before (in terms of delayed trades and sells/buys above/below midpoint) but JBER were hardly on the bid/ask at all yesterday. (Just need to check back through my screenshots to confirm but pretty sure that's the case)
They're sat on the ask now and I suspect there's a massive order being filled. NT to buy since 08:14 (that's 100 shares) but they'll take 200k+ no issues...
Just my opinion, DYOR.
NT to buy at the moment (via HL)
Just my opinion, DYOR
First off, this is NOT an attempt at a deramp - I (along with my parents) are seriously considering investing here. I'm Cornish born and my parents live a few miles from Crofty. I spent a lot of youth on walks at Botallack and often go for walks on great flat lode - Botallack is one of my favourite places to visit when I go back. This would be a sentimental investment for us (which in itself is generally a bad idea) as it'd be great to see an age old industry re-starting. My Dad is a keen enthusiast and loves the history of old mining in Cornwall.
The thing that's stopping us at this point is progress... While the company has plenty of reports indicating some good quality seams, pumps are installed at Crofty etc and the signing of the mining rights - there doesn't seem to have been any significant progress for the last couple of years. Any mine draining (either Crofty or others to gain access to any seams identified) will take years. I understand this is a project in it's infancy, but £8 million is unlikely to go far to get this project up and running.
The reports from Nov 2020 look promising - with further drills planned. Cornwall still has plenty of Tin/Copper as yet unmined and modern techniques make getting it out more viable (especially with the increased price and other metals available).
So the question is, at this point in time - what are the upsides here (from the current SP) and what are the realistic timescales to getting there. The risks are obviously understood, for me (personally) this is massively hard to keep out of at the moment - but that's for sentimental reasons.
Genuine questions and I'm genuinely interested to hear peoples views.
Thanks in advance
Done!
Cheers
Little flurry of activity into the close there - few trades and chops & changes in bid/ask. Most movement we've seen all day... Probably means nothing - but maybe someone knows something....? #Wecanonlyhope
Just my opinion, DYOR
Are these guys treating contaminated water on site and then taking the residue to Wheal Jane for disposal or is ALL the waste water being treated at Wheal Jane? If so, does anyone know how it gets there?
Cheers
Agreed Torre.
Watching the SP closely and the delayed trades etc, does make me wonder if the up/down steps are intentional. JBER were on bid/ask ALL day yesterday and the delayed trades popping up and hour or two later often displayed the other way around to what they were likely to have been.
There are plenty of big buys and sells going on still - but we're in this holding pattern until something changes - whether it be news or the background activities stopping...
Just my opinion, DYOR.
Looking forward to it!
Out of interest - what was the batch # on your masks? Just interested to see how it differs to the ones received last week.
Thanks!
@lockedandloaded - Yeah totally agree - I've pushed this in a few places (and have a couple more places) - this is an excellent feather in the bow to help keep levels low as we come out of lockdown.
As more places open up (pubs, bars etc) these come into their own to help protect both customers and staff as the risks increase etc. Not a silver bullet - but a great tool to help keep people protected.
Also agree r.e constructive discussions - plenty of people have valid points and opinions are always welcome IMO. Tend not to filter people as counter arguments can often be useful to see!
Just my opinion, DYOR
Lockedandloaded - yeah I get where you're coming from. Just not sure this is THE product to allow mass gatherings safely and in isolation. Added to any existing plans/measures to reopen stadiums (for example) then the mask does help reduce the spread of covid. But not all on it's own.
Please don't take these posts as deramping - just saying that there is a clear benefit to the masks (thats scientifically backed too) BUT pushing it as "the way out of this mess" isn't the right thing to be doing.
Just my opinion, DYOR.
@LP - exactly.
There are plenty of use cases for these masks (certainly above others on the market) but they're not a way out of this. Still think they could play a big role as lockdowns ease - helping reduce spread etc as much as possible - but they're not THE silver bullet.
Anyone currently using a disposable mask (and even some crappy re-usable ones) could be better served with one of these.
Just my opinion, DYOR.
It does need to work the "other way" though like he said. Businesses shouldn't be the ones chasing the gov to change their rules based on someone elses product. Not sure this is a good way to drive sales.
I do agree it's a good product for businesses to give to their employees to help reduce the spread (and protect the public) - but it has it's place. Like LFTs, masks are a means to an end to help keep people protected - but they work as part of wider measures. On their own they don't "end a lockdown" - they contribute to the collective efforts to keep spread reduced.
You wouldn't suddenly remove all social distancing because people have an anti viral mask (same for a negative LFT) - but as measures are reduced the masks play a role in keeping people safe.
Raising awareness of the product is good - but telling people who maybe potential buyers to "get on
Just my opinion. DYOR
Hard to be sure, but tracking the _actual_ buy vs sell price (via dummy trades) rather than the bid/ask this morning some of the late reports are actually outside the range at the time the transaction took place. Couple that have popped up recently are potentially buys too (but would have been reported sells at the time) based on the actual trading price at that time.
We'll never know I suspect (unless we get a holdings TR1 going OVER threshold) - remember though there are some unknown parties involved here from the last placing who are holding at a decent profit now. We don't know who any of them are and they hold a large number of shares between them.
Plenty of smoke and mirrors going on here at the moment - sellers and buyers in the background
Just my opinion, DYOR.
Both are legit. Mag are just generally more expensive likely due to their target market and a bit of price gouging / jumping on the covid bandwagon. I suspect Virion/Amazon are a more realistic price point.