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You just have to laugh at this share, no rhyme or reason here.
i no longer post frequently on here, this board is toxic now, its a shame. i assume we all want the same thing.
the personal insults on here have no place, cmon all........
Hi all,
as we sit here awaiting news lets look at the situation both for us and global sentiments to investing post covid when a LOT of long term investors got hijacked and saw years of loyalty, dreams and plans destroyed.
we are a company with a 5p SP who have £2.5M in the bank and no mining production. what we have is potential and maybe a plan. However this plan is not within our gift and outwith our control. at the moment.
we have all had a guess at what our share price might be short , mid and longer term.
now, potentially in a few short days, weeks....tomorrow. we may well be a company with over £80M in the bank and a realistic plan for mining production with both a fantastic annual margin and owners of the BEST grade of mineral sands globally. fortunately, luckily and timing wise magical. Mineral sands resource is now a BIG deal in the world of resource. its a very hot commodity thanks to east V west resource battle. there is no rhyme or reason to it but if this is one of their battlegrounds we have been very lucky indeed.
so back to my point......5p SP in a company that has potential and £2.5M VERSUS a company that has all of the above, plus a world renowned partner, a hot commodity, geopolitical games, a government on board and proven quality product. my opinion is when it drops we are going to go to 25p -35p, we will see buying and selling in the millions daily and when we start to offtake the LTH will be rewarded with well over £1 per share.
all of this is caveated because who knows what the market will like or think. there are floundering companies that have huge MCap for no discernible reason and great companies that are peanuts.
the one thing i believe that will make us fly over the next 3 years is this fact.....................WE HAVE NO DEBT. the massive corporate investors hate deabt as they have no control over terms or hedging..........DYOR
the best companies HAVE NO DEBT...
sorry all, i got there eventually, have a good one
Ando
Me too but im sure iwill be off by then unless the dividend is decent.
at £1.25 i walk with £7M for my £130+ k input.......luckily i managed to average down a while back when i went F&%K it......lets gamble. lol
Its been a pleasure going through this with you guys, its been kept pretty reasonable with no nastiness (im on other boards where its toxic)
i wish you all the very best for the future spending your wealth and in 12 months we should meet up for a beer, ......ok,ok i will get them in.
when the bairns ask were dad , grandad , mum , granny got his/her money just tell them you found it on a beach in a little country in the middle of the ocean.
great story and true. lol
Ando
Deal is done
if the company value is , lets say between 160 & 230...so lets say 200 million of course, as it stands and clear margin on this project annually as it stands is 8.3m .
when we get other exploratory licences for increased area, another 37k2 km and can go to depths of 20m instead of 5 the math says that the companies minable land just increased in size by a factor of 8. so with the most pessimistic view ive ever taken then a cheap valuation is 400m, just double this single project value with potential to annually have a margin of 64m+............its a no brainer for a 350m T/O with a return on investment of a measly 5 years.
the company has no debt.
we shareholders should expect an offer on T/Oof about £1.25 and im conservative here.
Ando - dyor
In a more ligh hearted note, if you want to make easy cash, visit sri lankan and bring home as many 5 rupee coins as possible, they are identical in size to a £1 coin and are accepted in all machines....lol
i do not condone the above, nor am i saying fraudulent activity is good, nor have i ever did this lol, lol.