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Berenburg - the in-house broker - have a longstanding price target of 120p - that’s SEVEN TIMES UPSIDE. I am assured the analyst is very smart.
Directors bought at 80p in the Placing - just because other investors probably required them to is irrelevant .
Lot’s of people think II’s have been piling into this - although sadly no TR1’s yet for new institutions. But it must be the case that lots of II’s are looking closely. I mean they wouldn’t want to miss out would they?
Lot’s of people think the Directors have been buying recently - i mean why wouldn’t they at these prices?! And if they haven’t it’s because they are privy to exciting price sensitive information or maybe a takeover at 200p. Just imagine how many BIG Pharma are spending all their time thinking about Angle and working out their plans for a takeover?
Golden Cross at 47p just the other day
Lots of cash - out to Q2 2025 - that’s more than a year before we completely run out of money. If that isn’t a fortress balance sheet i don’t know what is.
Directors recently implying that they may never need to raise cash at all - assuming they can sign more contracts.
So no need to think about a capital raise .
Amazing contracts flying through the door.
The Eisai one was worth an incredible $250k over some indeterminate period of time. That’s pretty cool. BTW - Eisai is a MAJOR Pharma company
Anyway, given half the chance that one contract has the potential to become $900m sales per annum. If you do the maths. - that’s worth a lot more than the current market cap
And then they just had an amazing BREAKTHROUGH. Just the news of the BREAKTHROUGH tripled the share price. Everyone must agree that’s pretty amazing
And yet again they have done something else with the potential to to do something pretty cool sometime in the future - so cool that they just announced it.
Everyone wants a piece of this.
I am not sure why so many of the rampers moved on but i am certain they will be back as there is so much incredible news flow
Also let’s not forget the Board of Directors.
Incredible track record of value creation.
And they’ve laid out a really clear story of financial growth.
And can you believe you can buy a piece of this for just 17p. That’s the DEAL OF THE CENTURY.
But remember DYOR as maybe i haven’t understood exactly what is going on here
Only significance would be that they weren’t impressed with Cavendish - and therefore they have been removed.
Otherwise nothing to see here.
Personally i think they need to think harder about their communications. The update a couple of weeks ago was neither clear nor enlightening. They have work to do.
I don’t know even where to start on that tom. Sometime back i thought you might have a finance / trading / advisory background. But pretty much everything you say now demonstrates that’s unlikely ( or you have forgotten some pretty simple things).
Anyway - enough from me. I am switching off from looking at this fo0lishness for a while. So i won’t challenge your happy delusions.
Sanji and TG2D - this board is full of suckers and delusional dreamers. They have committed themselves to an idea that they will make five, ten 100 times their money. And they can’t hear different views.
TomHuk is, he tells us, a long term buyer. But he posts incessantly every day. Thats not really what long term holders do is it.
ATM the share price is simply a function of hot money going in and out at different moments. Who can say why it does one thing one morning and another in the afternoon? That’s the nature of hot money.. There are no institutions coming into this. And the punters seem to have no curiosity for why that may be. I have no idea where the share price will go over the next month. But i am pretty sure a nasty shock awaits these guys down the line.
Your words TomHuk :’ If a company that you term as "mid to large" like Eisai rolled out the Parsortix system throughout their 60,000+ participant studies (as hypothesised in the presentation) and were paying out $180,000,000 to $900,000,000 ($1000-$5000 per text as quoted in the presentation - I don't want you accusing me of making stuff up). Then why not buy the company for £250,000,000+?’
Ramping away and then pretending you didn’t say this.
Sure - i was wrong on 12th Dec. And you made some money. But that doesnt mean i am wrong about this company. After all i was correct all the way down from £1. And i wouldn’t think of giving you investment advice as you are clearly an excellent researcher :)
That’s ok synoogold
I saw you forecast the shares to go above 40p on 5th January. And then you said:
‘Yup, this will move at lightning speed when it rises. This morning after initial drop jumped over 7p in 40 minutes.
Brace yourself for later. Next week will be spectacular rise. Some clever folks are hoovering up !!!’
That comment was at 30p.
Plus you forecast more TR1’s.
Odd how none have materialised despite all the volume. I mean where are all those institutional buyers?
So for someone as clueless as you i can see you need someone to help clarify the implications of what Mr Newland said.
Haven’t looked at this for a while. But just listened to the presentation and read some comments.
What i find incredible and appalling is what Mr N said about Eisai. Here is a situation where they have a $250k contract. Two hundred and fifty thousand dollars.
But what does Newland do - he says there’s a 180,000 test opportunity per annum with each test costing $5k ( he was quite specific that Eisai would pay at the top end of the range which in itself was one of the most extraordinary things i have ever heard from a CEO ). So what’s the opportunity from EIsai per annum? It’s’ $900 million . So he takes a contract for $250k and gets all the punters to dream about $900m. And of course people like TomHuk re-post this and stick that number on this Board
I can’t say i am surprised this was done - I’ve seen it before - but what a thing to do.
BTW - Eisai’s total sale are $5B so only complete fo0ls would fall for the idea they can take this level of cost on. Hilarious.
My guess is it will also seriously upset their new customer who will not like it being publicly stated they are paying five times what other’s will pay.
Finally - how many cartridges are being used for the current contract. If they are going to charge Eisai $5k for each cartridge that means they get to play with 50 cartridges today. Even more hilarious.
Then Newland actually said “ Hey Presto’ . Twice. Brilliant!
And he said ‘ blah blah blah ‘.
And you lot dive into the share and think it’s going up to 80p or 47p or 120p or whatever figure you alight upon.
And TomHuk - i thought you were a great researcher and a great analyst. Well if you posted this stuff you must believe it. And if you believe it then Angle is worth $100’s of Billions. So i am looking forward to seeing your TR1 that you said you were so close to.
Viking - i may be right, i may be wrong - but i don't think that any proper institutional investors ( i exclude global frontier as i don’;t take them seriously ) have bought shares.
I also don’t think there are ‘ fundamentals’ in this company - just hope and hype.
So i am interested in how the share price moves on Monday after a week of serious decline and no new news. If it goes blue - maybe the hot money is staying in. maybe that’s a reason to invest. If it’s red - thats a really bad sign IMO.
TomHuk and his mates think i am a really bad guy with a bad agenda. It’s a bit silly. I am just giving an opinion - which i think has been more right than wrong on this company. But i will make a bet - no Directors buys announced this week. And no TR1’s unless Global have bought more ( which IMO is irrelevant as they keep losing money )
I think TomHuk’ s last post was appalling - just a silly bull case ignoring all the downsides. There are lots of risks here that he glosses over. I understand that every ‘breakthrough’ is a cause for hope and change. But look at the history of hype versus outcome before you invest as TomHuk is encouraging you to do.
And those people who suggest big Pharma is about to bid? Appalling. I have seen that so many times - and it’s always wrong. Simple device to create FOMO. And then those people attack me. Interesting .
So i understand 130m shares were traded so far in January. That means a lot of new shareholders, pretty much all of whom bought above the current price. It also means a lot of old shareholders were quick to sell up for a premium ( correctly in my view ).
So surely where the price goes next week depends on their actions? In other words, the question is whether the hot money stays put or jumps.
And the fact is that none of you ( or me for that matter ) know - you are all guessing and coming up with exciting share price targets like the Golden Cross 47p that was apparently imminent last week.
Will be very interesting day tomorrow. My guess - and it is a guess - is that if it goes blue tomorrow it could set a trend. But if it goes red - well i can’t see new money coming in in size after that. If it’s blue i might buy.
Yes TomHuk.
Anyone listening to me would have missed out on the rise. That’s a shame but the £1 they had before is still a £1 today. And the only reason it went up was because there was sufficient hot money to drive it up ( encouraged by you ) on a close to zero content announcement. Being invested wasn’t actually the stroke of genius you seem to think it was.
But anyone listening to you as the price was driven up by you and your fellow rampers could be sitting on losses of up to 45p in the £. In the space of a few days. And you know very well that there are a lot of people in that category who have lost many £millions between them. And all on a lot of nonsense. And while the inevitable retrenchment played out you told everyone to ignore what a few of us were saying - and in relation to Sanji questioning his motivation and being quite personal about it.
So i am suggesting you reflect on that.
TomHuk - don’t worry about me.
You’ve encouraged people - hot money - to buy and hold. Maybe you are sitting on a paper profit. But others are sitting on very large paper ( or maybe crystallised losses ).
So maybe it’s time to get off your high horse and accept that your words and actions have contributed to other people’s losses.
Looks to me like the market wasn’t worried about an imminent placing yesterday. I certainly wasn’t expecting them to announce one at 6pm in a pre-booked presentation.
So we can conclude that the share price drop was nothing to do with that.
It was more to do with the hot money leaving after it had rushed in before. Pretty simple really. Following the normal Angle script.
My guess is that continues. I won’t forecast a price - that’s for the rampers to do - but it feels we are in for a soggy period.
Ok - thanks. I take your point. So here’s the thing.
When i have worked on similar forecasts for corporates you have to make an assumption about the trading outlook. You don’t just assume that historic revenues don’t change. In other words Newland will factor in his £6.6m forecast for this year.
If he does much better than that then that will impact how much / whether he needs to raise. But he’s told us two things recently - Q2 and £6.6m. So hes got to really outperform. His own expectations to avoid a raise.
So feels to me like double talk from Angle…..
A bit better!
The point is that either they expect to run out of money and need a fundraising or they don’t expect to run out of money and so won’t need a fundraising.
The company have stated they have funds till Q2 2025. Therefore they have stated a fundraising will be required at some stage.
Your friend’s wording ( who i imagine was simply quoting AN ) complicates something which should be very clear and leaves the impression that maybe a fundraising won’t be required. But i guess that’s typically Angle.
TomHuk - i am surprised you have written this post.
If no placing is required because they will trade through to being cash positive then there is no need to say they are funded till Q2 2025. But if you say you are funded to Q2 2025 that means you need funding after it. So - if they don’t need more equity they should state that they now have a runway through to cash generation. AND THEY HAVE NOT SAID THAT.
Really surprised you post this.
if you had said ‘ i think a placing unlikely this year’ - fine , that’s a fair opinion.
But to say NO PLACING. Unimpressed.