Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
After a quiet period the sector is getting a bit more interest with this article today and the Mosa funding yesterday.
Https://thenextweb.com/news/dutch-cultivated-meat-burger-startup-mosa-funding
Maybe MOSA are interested in CityMix, a deal with a company this size would have the share price back up to last years 17p raise price in no time.
Craig seemed to be responding to broker forecasts, and I assume the recent share pice drop, in saying that everything is on target which is reassuring. Does anyone have access to broker forecasts? I can only find the 50p one from last year.
A well measured report today providing reassurance but not overpromising. Added more at 16.95, hopefully that will look like a bargain in a few weeks/months.
Big volume this week, something is coming. Fingers crossed for positive news on Monday.
I agree. This is positive news, the numbers are small but they are making progress and are leaders in their field. They have some unique IP and that value will be realised at some point.
Patience is still needed!
Just topped up 50,000 at sub 20, happy with that as good news is likely soon.
Just topped up my holding at 20.2p, a bargain IMO, low volume and price weakness due to tax year end.
The CEO keeps hinting at further sales contracts coming, when they do the price should re-rate.
GLA
Thanks for the info HiBlue. They have some unique IP and lots of potential and If they can up their PR effort the share price should be back up where it belongs.
That could be significant as the trackers will have to consider buying it. The current market cap is approx 400m GBP and there are 3 companies with a smaller Mcap in the FTSE 250.
Thanks EarlyBird. He still seems positive about the future and quite emphatic about there not being a heavily discounted placing.
Hopefully will bottom out and increase on the back of next years ISAs.
He owned >3% so there will need to be a notification if he crosses the threshold
Topped up with a few more today, 6p and a market cap of 6m could look very cheap even if one of their commercial deals gets signed.
Maybe the directors could buy a few shares as a show of confidence, they are very quiet compared to some companies.
Hope you are right. I hold 2.1m shares in my SIPP and ISA and it doesn't feel great atm!
I still have faith in the tech, ethics and IP. Fingers crossed for signs of a big name soon. My guess is that it will move very quickly once we get some substantial news.
11m shares traded yesterday, well above the average. Any ideas? News coming?
DillyD
I am in a similar position and have built up a large holding over the last year or so. It is positive to note that they are structuring the company for grown by creating different divisions, which also could be sold or IPO-d in the future. The CellAg sector is getting some better coverage recently and is making slow progress towards commercialisation, I am also a holder of ANIC which has had a similar price deterioration. Still trying be patient with this as Cell Ag will have a place in food production at some point! This is also a Biotech play with the cornea business.
There seems to be lots of promise with Cell Ag and their Biotech IP but if we could see some signs of revenue making it would help a great deal.
Good Luck All
The business going to grow rapidly this year as the more clients they sign, the easier it will be for others to follow.
Also importantly Craig Foster seems a very credible and competent leader.
Does anyone have any slides or information from the meeting? Curious about the purpose and outcome.
Agreed