Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
TBH, I do have a lot of sympathy for the LTH that got shafted with the massively discounted placement.
There's always the additional risk of severe fundraising, whenever the company doesn't generate any revenues and the upcoming drill is higher risk (in this case due to inconclusive result of previous drill).
Going forward, if this drill result (if proven viable) will dramatically reduce the discount to the next placement. IMO
Profit jock the placing was 2.4bn shares on December 21st, there's been loads flipped since then, you can't keep counting sells and say there's still billions more to sell lol last two trading days was massive volume and I'm expecting the same through to results.
Encountering helium concentrations over twenty times higher than the background during drilling is a positive and promising indication. Such a significant elevation suggests a substantial presence of helium in the geological formations, which can be favorable for commercial extraction.
Odds on its commercially viable, should be fun next week.
Come and join the party.