Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No biggy......just an update on the wee trades aside to my core hold!
...took my Fri 9th 40k top up (trading account trades) back off the table for the £316 profit. Yesterdays 40k was only making £150 profit....so keeping that one for now....I "fear" (lol)/hope we may touch the 11.3p...and then more than likely back down to 9p( and maybe then some?)...depends on news! If good all time highs!
GLA
I have traded ok here from time to time.....although as time goes on...the fat lady will sing..IMO....so it's unlikely (although possible) for another punt from me!
I've echoed and added to Phimx's posts! Phimx try EEE or not! I hold a core long term and trade it also! GL M8!
Depends what you are testing for (Short Term) Ipad........Longer term EEE will be looking for other "economic" minerals in this multi-mineral vast area but as per RNS a week ago:-
"....... Exploration of other target areas will continue but the focus now is clearly on the necessary studies and test work that can demonstrate the economic process-product route and consequently the value of this globally significant project."
No point spending all your money purely growing the resources and having nought left to actually get started on some of it......and start to make money...which will self fund the further exploration of other areas (perhaps Copper too)...etc.
Perhaps this is my overly simplistic view.....but nevertheless...it is my opinion!
Have a read of the December 19th RNS, which includes the following......:-
"Mineralogical studies have now commenced with the Company engaging both the CSIRO and AXT, to carry out a detailed studies of rock chip samples collected from drilling.
The CSIRO has been engaged to conduct an Electron Probe Microanalysis (EPMA) on RC chips, aimed at identifying the mineral assemblage within the rocks and, in particular, the nature and distribution of titanium bearing minerals. EPMA, one of several particle-beam techniques, is an analytical technique that is used to establish the composition of minerals within small areas on rock specimens.
The CSIRO is an Australian Government statutory authority constituted and operating under the provisions of the Science and Industry Research Act 1949. CSIRO's primary functions under the Act are to carry out scientific research to benefit Australian industry and the community, and to contribute to the achievement of national objectives. The CSIRO has extensive experience in assessing minerology of unique ore as well as related ore process development.
AXT Pty Ltd (AXT) has been engaged to conduct mineralogical tests including TESCAN Integrated Mineral Analyzer (TEMA) and state-of-the-art Laser Induced Breakdown Spectroscopy (LIBS) imaging on RC chips to determine mineralogical composition of the host rock and then map out the mineralogical residence of titanium within the host rock.
The Company expects results from this programme to provide a better understanding of the mineral assemblage that compose the host rock, including the specific minerals present and their relative abundances. An understanding of the mineral assemblage will provide important information towards establishing the dominant minerals, and especially the titanium-hosting minerals, which is critical to identifying potential ore processing options towards the economic assessment of this giant mineral system."
If memory serves me correctly....we'll have a clearer picture in about 6 months from now!
Happy to be corrected!
Adding to that:-
"Pretty good stuff from AGEOS...who has the credentials! Prompted me to read up on his past posting history and not just EEE. Think I'll be topping up Monday.....always got my core but my trading pot's light at pres! (due to recent 200k off/ 40k back on )"
" As SB intimated, the scale of this potential resource is almost beyond comprehension let alone calculation."
wow! GLA
p.s. this is an example of me sharing my enthusiasm before taking the action on Monday....we all are occupying a physical short term presence here on Earth...and we can help each other (IMO)...... a penny or two on Monday if? means nothing short term...Karma will look after the sharers....I hope! LOL.
Pretty good stuff from AGEOS...who has the credentials! Prompted me to read up on past posting history and not just EEE. Think I'll be topping up Monday.....always got my core but my trading pot's light at pres! (due to recent 200k off/ 40k back on )
GLA
Just to repost my 30/1/24 thoughts:-
"I see it dropping to 9p and then quickly back to 11.5p, staying within that range for a bit....until the news....and if good....back to all time highs....but if not...steadily dropping until positive news lands!
Just my opinion....we'll see! I'll take a bit at 9p if it get's there....just to trade the 15%.....still will hold my CORE regardless! ."
GLA
.....Sondrel ).....will probably report a loss of £10m for '23, has no money in the bank, needs suppliers to offer some form of credit, needs bank borrowing (no assets to secure this)...all of which would need repaying.....and if they secure more contracts.....costs (mainly employees) will rise.
I just think they are not making enough revenue and if they could triple the revenue they may just break even.....So the market cap is too high for me to see value here (to invest!).......it's a punt on something big landing.....which of course could happen! Perhaps their main customers will take an equity stake and provide liquidity....who knows??
They need a very big contract!
All in my opinion only..and Good luck all holders!
All the same our BOD owning over 5m shares worth say £600k is still down £3m to £4m....for them too and nobody likes a paper loss of that magnitude......so I expect they will be trying as hard as they can!!!
Of course I would rather see that we have reached the "eureka moment"....and know what we have (to an extent), how we can exploit it, JORC it....and watch the market cap soar to infinity.....JVs etc. to follow!
....and if we could be seen to be on track with that.....for August 2024(lol)....gr8!/terrific!!
Perhaps I was expecting us to do things the "normal way"...and I guess I wasn't the only one!
Disappointedly that ain't going to happen.....but Shaun is sooo right....how many companies keep going down the wrong path (and have to continually switch direction) etc. and the SP becomes worth 5% or even 1% soon enough!??
This is a totally unique resource and in time the amazing opportunities will be proven!
That is why we have a market cap of £55m odd and not 100X it!
So let Shaun get on with it.....his way!
I'll add on weakness....if trend allows! Will keep my core regardless!
I just have to adjust my timescales for the "eureka moment" .....So be it!
GLA
May not be the best time to sell if this poster is truth telling on another site......
"Just met with SB and GK at 121 / Indaba. Very good all round. Process development manager hire is a no brainer as to where the next big de-risk/rerate news is coming from. Very happy shareholder."
GLA
Why specifically this RNS News petroinvestor?
Or do you mean generally e.g. when SP was 1.875p on 3rd July 2023....(RNS "High-Grade Titanium Footprint Extends Over Entire 40km Long Mineral System at Pitfield"
or e.g. when SP was under 5p on 13th Nov. 2023.....(RNS "Extensive Titanium Mineralisation Evident Across Giant Mineral System"
That would be silly IMO...so you must mean this one specifically?? Is it one of the appointees you aren't fussed on?
lol
That's indeed what we are waiting for 0D30D!
Website:-
"Further diamond core and RC drilling is planned, targeting shallow, higher grade mineralisation, and is expected to be completed by April 2024. The programme consists of four diamond drillholes (800 metres), to continue testing for higher grade, sandstone dominant beds and to collect further mineralogical and metallurgical samples, and 40 RC drillholes (6,000 metres) to further test the known areas of extensive, thick, shallow sandstone-rich beds as well as new targets identified along the length of the coincident magnetics-gravity anomaly.
Empire’s strategy is to carry out further exploration and resource drilling in 2024, to delineate high-grade, shallow zones of titanium mineralization, and to complete mineralogical/metallurgical characterization and economic processing/product optimization studies: all aimed at accelerating project development & value creation."
echo mtsparky's post dhbm.......makes sense.....if only these explanations would come sooner rather than later there would be a lot less stress on these share-chat boards.....although here is mild compared with some of the others.
can't think why paul de gruchy can't copy and paste to here at lse also....he has before!
i prefer here at lse to others because there are no *****s intent on ruining one's day!
gla
No1. calling something far right means it's easier to categorise something one disagrees with than argue the points....which probably means it is right( i.e. correct....lol) and not at all far right or anti certain race etc.
no2. it is only an opinion regardless (statistics/damn lies & how presented)...as is all scientific analysis
no 3. Some (including myself) will have pots of worth/wealth with totally different risk profiles........low/medium/high risk for realising different objectives.......regardless of belief in e.g. EEE......would anyone sell there house, take a personal loan and max there credit card....to get a few more shares here? I don't think so! Therefore most are pretty balanced IMO.
You really need to be more objective LH and look at the bigger picture IMO....
....GLA
I see it dropping to 9p and then quickly back to 11.5p, staying within that range for a bit....until the news....and if good....back to all time highs....but if not...steadily dropping until positive news lands!
Just my opinion....we'll see! I'll take a bit at 9p if it get's there....just to trade the 15%.....still will hold my CORE regardless!
GLA
.......and wished I'd never invested my £7k here...Wished I'd never heard of HE1!....
....no intention to top up....
......and then took a wee punt with £500 @ 0.32p
Now I just need 1.2p to make an overall profit.....How things can change! I'll hold for the news. GLA!