Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
lol Only one reason why the RNS was not out at 7am. We all know why so lets not kid ourselves Nervously holding BP
On reflection those end o day trades were probably sells. Coley - I see you have been looking at selling. Are you now sold up or still hanging in? BP
N/m
Does not I meant
Strong buy I agree in medium term. Will be surprised if this does fall on Monday with the interims Lets hope not and they can give a good commentary with it BP
Big volume going through and small spread which is good Lets hope the forward looking statement released with the interims is good. Not expecting much good news in interims as only up to June BP
Of course it will be Monday! They have to. You don't need to be Sherlock Holmes to know that - the interim dates are public knowledge as as have not arrived today of course it will be Monday If you were there last night I am sure they would have said that anyway - no secret BP
Finance sorted? Production issues identified and solutions identified. A CEO buying at 1.75 and a market cap of £20m. A small piece of Baitimir has £10m assigned - what about the main part of Baitimir?, what about the rest of Benkala?, what about the assets on site now which are worth more than £20m? Back to 2p pretty quickly
Big swing today - from 8% down to 6% up. Given the progress they have made(assuming hey have overcome some issues) a market cap of 20m is stupid. Only going up tomorrow in run upto tomorrow night. Interms will be poor but this is more about showing they have had issues, plans to overcome them and some forward looking statements on production and costs. Don't forget Baitimir has a value assigned of 50% of the total market cap based on a small fraction of its resource base. The CEO was buying at 1.75(peanuts to him) - was this a sign to reassure us. Insane - time to buy Bp
? Where?
Looks like the MM's robbed someone this morning by dropping the SP for the two 1m sells and then putting it staright back Daylight robbery - if that happened in a street they would be searching for peole to lock up BP
Coley Are you ramping or deramping? This ott approach will have a negative effect - presume this is what you want. Bp
Coley14. Think this should all be ignored. The same gentleman openly said at an investor forum that he had lied in the past to generate interest. I still hold but anyone would be foolish to hold or buy because of the below when the person stating it then suggested he had lied. Lets be honest - this is like roulette and betting on red or black. You could lose everything or you could do very well but the window of opportunity is getting very small for FML. They cannot keep promising jam in the future. Personally would be quite happy to sell given the performance over last few years although would be difficult to offload what I do have at anything like todays price BP
The 3300 is since start. Therefore about 2700 this year? Still good though and better than I was expecting. If they do 3500 this year and ship it would be above my expectations. Still below he 7000 forecast but realistically we would no be 1 p if there was any chance of that
coley Were you supposed to be attaching something - link removed
coley You can have mine for 2p today if that helps. You can then sell them for 0.5p profit per share on Friday if it wil be 2.5p. If this is OK I can arrange the transfer BP
coley Would love it to be true. I have been a holder here for >5 years so my average is way too high. What makes you think production volumes and finance are in the post. Not trying to be negative but the SP is down where it is because there is no clarity on finance and production has been probably very limited. If we do get good production figures and goodfinnance I agree we are way undervalued but just not so confident it is coming BP
I think long haul. The biggest worry here is not resolving the operational issues(they will do this) but the fact that management have continually failed miserably. Adam should have been onboard years ago and not when they panicked - this has cost them at least a year plus untold millions to rectify the problems. Finance is obviously important but I understnad this is about to be resolved - personally surprised companies will continue to lend with the performance of the BOD over the last few years. The interims are out by month end - presume they have to give an update on production although probably only till end June and therefore not much different to the lat update. For them not to release figures suggest very poor. Wonder how they will answer this at proactive on 26th BP
RC30 It will go down if poor figures which is likely but if we are stunned and caught by surprise it will rise rapidly. My betting is on poor figures or they would have released already Need a large production figure just to pay the interest on the debt
0% chance of that happening. Production figures likely to be so poor that any release of these will see us below 1p. A high SP does not help them get the copper out of the ground so they do not give two hoots for small PI's such as us BP