Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A good solid investor on the list. Happy with that. When do you think we can expect the first news on production strategy?
Many of this mornings 'sells are 'buys' I would suggest. Bought 60,000 at 6.2p.
Good work Pablo - thanks for posting this. I finally found a few minutes to re-watch the interview. There are some good positives in there and reassurance that the relationship with NERIN has not broken down, and that there is good interest in the resource. I actually sold just over 40,000 shares last week to put into another mining stock which is working very well for me in the short term as I see quite a wait may be possible here, but I fully intend to buy back in (probably double that amount) when I have funds freed up later this month. So, although the timescales may not be what we were hoping for I have confidence that a deal will eventually be done and who knows, an offer could come in at any point and I certainly want my money involved here when it does. Dekel is certainly not selling out on the cheap from what he said. He does also state that we are 'reasonably well funded' to take it to the next stage, which was good to hear too. Let's hope to hear some news on start-up progress soon.
Another steady interview with nothing to get excited about imminently. Confident that the end game is still on.....just perhaps not this year.
Very nice to see. Looking forward to the interview with Dekel on Friday.
Hmmmm. The plot thickens. FSS are not likely to know any more than the Chinese so what has triggered the sale? Lack of progress? Also, someone significant must be buying. You can't drop around 6m shares (over 2% of the company) without major SP movement and we are about where we have been for the last couple of months. All in all I see this as a positive development.
Very strange SP movement based on the mornings trading. If nothing else, at least we have a tight spread now.
Surely must break 7p soon.
The 2 'sells' at 08:23 were my Bed and ISA going through.
Just picked up a further 20,000 shares, which will have to be my last with CGH. Desperately need some news flow soon.
Yes, thanks for posting this Pablo. I had been contemplating selling off a chunk of my holding to add to my SAV shares, where I feel there is a very real potential to make a significant profit in the coming months. Reading this however, does offer a glimmer of hope that the time we have had to (painfully) wait has been put to effective use and all the cost savings the board have been talking about in the project are being costed into the negotiations. The preferred option of a complete sale does seem to be a potential still, even if not an imminent. Will use the delay to my advantage anyway and transfer my holding into an ISA next week to save any gains from the tax man.
Quite a few sells and the bid and ask holding fairly well. is this an order being filled like we saw last week?
Definitely a buy. I could only sell 100000 for 6.28p yesterday and 6.47p just now. Can't see a sell of nearly 3x that amount going through at 6.9p
That will explain all the sells around 6.8p with no drop in price. Let's hope it's all up from here.
Just ran a few dummy buys/sells: Can buy 10,000 @ 6.89 100,000 @ 6.92 Sell 10,000 @ 6.82 100,000 @ 6.28 Nice tight spread for low volume trades
A commentator on Bloomberg earlier in the week expecting to see gold $1300/oz in the near term.
Little bit of trading activity and 100% buys
Just looking at the Ask/Bid data which currently shows Ask 7.00 x 193,559,700 Bid 6.00 x 1,500,000 I don't fully understand what that means, but has to be a good sign, no?
Encouraging thoughts and analysis. Happy to see the spread narrowing. Unfortunately no more available funds to add ATM. Lets hope more news is only days or weeks away, not months.
Like many other now (I guess), I fear this is dribbling down to nothing. Even with a relatively low average of 8.5p, I now worry this is not going to deliver a return. I have learnt over the last few weeks than no news is seldom good news.