Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
From what I can make out (and please feel free to correct me..), around 20% of operations are in Kazakhstan?
We're roughly at 20% of the pre-invasion share price, maybe a bit lower. Seems like this might actually be the bottom.
As usual this is just my opinion and (especially according to my wife) I'm usually wrong
Auson, yes likewise.
Luckily I too am mad so it made the decision somewhat easier
Astro I have to admit I was reading your posts thinking "why the hell would you bother selling now..." but fair play, you were absolutely right.
Bloodbath, even the bravest of bargain hunters would have to admit this is a massive risk.
Well said Minecheck
I recently put a bit into this fund, seems like there is a decent opportunity for growth next 3-5 years.
I'd expect it to see over £3 at some point in the not too distant future
Of course the dividend is a major pull too
I assumed a zero had been missed....this must be either a typo or a joke
darkcorner I'd really love to believe they are doing it for all the right reasons but the feeling in the pit of my stomach is that they've got 1 reason and 1 reason only.
And the reason isn't positive (for us, at least...)
So in summary MrSmithmeister, you're saying it could up or down or stay the same, it could be a good entry price or it might not be.
Thanks for those pearls of wisdom
Yeah this is now a £3m mcap company....hard to see it going any lower but then again I've said that before
Agreed, cwebb07, I think this has been milked dry
I imagine there was something like a "How would you like us to return the letter?" option with choices such as
A - regular post
B - signed for post
C - Courier
D - carrier pigeon
Should have selected C not D
Yes, it's getting a bit like that
As that old saying goes, money tends to travel from the impatient to the patient...
I don't want to split hairs but that's not entirely what it says...
Yeah agreed, I'm normally Mr Anti-AIM but do like to dip a toe every now and then, £10m just seems crazy low when compared to some of the total garbage out there valued at 5x TRP.
Anyway folks, as usual, only invest what you are prepared (can afford) to lose!
To be honest this is the part I'm struggling to comprehend - there will always be people looking to make a quick buck but the valuation of this company is so damn low at the moment
I'm not normally one to throw numbers like that about but with an mcap of under £10m, it would absolutely seem possible
Not always a bad thing that shares like this rise slowly. Going up 5% a day is still very good remember.
and even then, the SP would need to go up a few multiples to get the market cap in line with actual value
Even at this share price the mcap is still tiny
Amazing, 10 bagger since this morning..... :D
But yeah it's beginning to move now