Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"no relevant progress on getting the funds". Appears to me that mgt are happy enjoying staying at home and 'WORKING' hard in their swimming pools trying to figure out funding options. Bunch of knobs, i did say it before.
Thanks tokol,
Also looks like sez is progressing,
https://mg.co.za/environment/2021-03-20-plan-to-uproot-100-000-trees-in-limpopo-sacrilege-says-baobab-expert/
i notice SP went below 7p and then back up very soon which suggests to me that the market doesnt like this going below 6p. I think the knobs need to get something before that $2 milloon cash runs out, which gives them another year to **** about and say "next quarter"
good one wanderlust, i hope someone with a bit of communication skills call him and ask why is is so hard to raise via share placings via the broker.
BTW, the little seller has also arrived with the 1099 quantity
even at 6p, why not?
fact is they are a bunch of knobs just happy to take salaries from uitkomst income. These bunch dont even know the word PRIDE.
They still got $2 million cash for salaries, so they are not worried yet.
equity portion, capital raise, looking for new investors..... all suggest share issue. But why is it so difficult now to get that bloody $10 million to start amd utilise such a vast resource and while customers are ready for the damn material like arcellormittal.
Perhaps next qurter !!!!!
WOOOOW, largest holding 4 Million on an AIm share.
Have you thought about halving your amount. At least that would give a decent sum to invest on quality ftse 100 stocks that would double your money in 7 years by compund dividend reinvestment. Example is BATS, IMB, LLOY.
Have you also thought if you can manage your losses shoud the sp of hum go to 10p or below. NEVER THINK THAT IT NEVER WILL.
i have been in so many, eg AFRICAN MINERALS and lost a fortune.
long term strong buy. Even with covid and silver prices at $14, fres was around £6-7.
Today, with silver at $26 and $1 billion cash and new mine coming in q4 2021 adding another 6 milion silver ounces per year and more gold.
Short term, this will now rerate to something and then follow silver prices again. But its financially strong. They have hedged 4 million ounces of silver which is very good.
Always do ur own research!!!
silver price averaged $10 higher so profiton 25 million ounces of silver gives extra $250 milllllllion pure profit?????
SP was around £7 without that. So if it falls tomorrow even with this kinda figures, buy buy buy