Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not woid!
Being on SETS doesn't help, can you image if all the trades over the last few days were A Trades. One woid of pos news and there will be no pegging back :)
I've tried in vain to get the full list of IIs over 2%, someone published it a long time ago. Take into account the current Significant Major Shareholders, it was debated and agreed that there is about 16% free float. Bare with me, now considering between the long termers here, myself included, I reckon we have to own at least 5% between us (estimated, and I own nearly 2%) leaving approximately 11% free. Although the buys and sells have not been correctly reported on LSE ( as always) since April that 11% imo has been snapped up....look at the volume since the beginning of last week alone...1% today! If we are not oversold now, I'll eat my hat. Just need some positive news and in particular coal news, we are off. Having witnessed the last 2 big news including a 344% rise on a rail road agreement, you can only imagine what sort of rise will come on coal deal.
Yeah. If we were trading on SEAQ this would be a lot higher now going on volume. Unfortunately being on SETS tags us back a bit. We'll move soon enough though. Almost another 1% gone again today :)
1.1bn shares in issue between the Major and Minor shareholders ( under 3%) thete is a mere 16% available for us PIs. It really moves on positive news. I am of the opinion we ate oversold, which is even better if coal news drops soon.
I reckon 5 to 7% of stock has gone in the last few weeks. Technically, we are oversold.
Up ya Jacksuly. ..get In there England and Northern Ireland l.
be assured tge man, is making money here. He won't admit it...we'll, actually he has..but hey ho.
That just might happen. Let's get the coal deal out the way first.
I like the all time low, if you look forward and see where this may end up, I'm quids in. I'd rather be buying now than at .60, .80 or even 3p. The ones buying now are the lucky ones.
Can be changed and got rid of. What you can not get rid of is the fact that we have, as shareholders, own a percentage of huge, massive, gigantic assets and NO DEBT.
See how they run....
I don't care if Micky Mouse was running this outfit. I do know there is over $50 Billion plus, over 60 actually, of proven Ore and Coal ready to come out. Someone will have it at a discount price. This is all of course a doomsday scenario. You know my thoughts, let's see if it plays put. No one is going to lose money here which ever way it goes. That's call it a win/win situation. Don't start me on books again, cos you're acting like one of the three blind mice!
If we go into liquidation, which I honestly doubt, with no debt, their is no administration, just massive assets, concessions, licences and agreements to sell, to be divided amongst shareholders. Sorry, you are wrong on that one, the key, like I said before, is no debts and huge assets. Even to invest for a bit of that slice of cake would be highly profitable. The Major Investment Institutions know this, hence, staying put. We are not as poor as you put it. It's not going to happen, but need you to understand the bigger picture. Coal deal next!
An estimate $3-4 m, enough for another year at least. They can call on a loan as required, it's in last year's RNS, the sale of WAE will bring tens of millions too.
Been thinking about your comment about SBLM will be non existent. I know I harp on, but there is an argument to both sides. I'll be transparent and honest. If we folded tomorrow, I'd be a very happly and rich man. The IIs know this, on paper, known potential revenue of proved Ore and Coal is over $50 Billion, yes, infrastructure build, DSO costs etc have to be taken into account, but, like I said yesterday, let's sell it all, at a conservative 1% of known potential revenue to the highest bidder, probably the Chinese and we are looking at 30p a share that's a 10000% increase from where we are now. I'm dreaming, I know, in order, the coal deal will be announced, the allegations thrown out of court and the sale of WAE stake will happen. The SP will be above 10p when each step will be complete. Write it down, and tick it off as it happens, as that's how I see it. Or sell it all and make me happy!
hate my phone!
Got that. It's good to have a bit of banter. Used to it now. Avro is making money here, that's for sure. Individuals just need to see through that, tactics we have seen along the road of sharedEaling by the acute trader. I'm happy with my investment, still see huge potential, even if we announced the sale of the company. The assets outstrip the SP, yes it would be good to see some revenue coming in, but hopefully the coal deal will produce that. Keep smiling, seen this go up, see it hot new lows, just gives us who see the value here a chance to average down.
.....
You do make me laugh, that's why after all this time I have not filtered you. You remind me of when I was a child and reading a Ladybird book about a cunning sly fox, next you will be telling us the sky will be falling down. Some might believe you, but like the chicken, I can see right through you and read you like a book. Hence, I know your next chapter. Keep trading fella, but stop annoying people with your up and down comments and the Cods Wallop you splittet. One minute you're trading, might be buying in at .45 and selling at .65...it's easy as you said. In one ear and out the other my little silver fox.