Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agreed. I have been, and no doubt will be again, accused of not holding, but the false dawns (as you put it) only seem to create these little rises from 0.8 to 1.1 and I am sure the same people just trade it and make 10-20% each time.
Pauline Fowler knows that he can nicely give the share price a big boos just by saying that he is working on getting the Iran deal back on. Of course, that is when/ if he knows it is possible, even if slim. As others have mentioned, I think a good Saudi MSC or another surprise is more likely to come before that; that could be any day.
if the comments on here are to go by, now is the time or buy, or certainly around here. Unless something shocking happens, which you can't plan for, there is a great opportunity here. Of course, it is very risky, but why else do people spend time bashing a share on forums like this? We all want to make money and if the potential gain here was just 5-10%, no one would bother, but the potential is a lot higher.
An MSC will do a lot more than 10p here, in my opinion. I also think the run up to results will see us climb towards 10p. What are we expecting £10-15m revenue with gross profit between £500,000 and £1m?
I would be very surprised not to hear some good news before the full results, however.
Philb*tch: it's at this price due to the demand in the market (with the rubbish finance agreement cancelling it out). You invest because you think the price will go up, not to think "I will buy at 6p as that is what it is worth and I hope it stays at 6p as that will really show the world that it is worth 6p". I doubt you tell anyone anything they don't know on here, but the rest of us (most of us) can see the positives and the possible future share price to go with it. As are most of us... sat on a loss, waiting for the trading update/ contract announcement/ confirmation that the bad guys have sold their entitlement etc.
It's frustrating as there are lots of exciting things that could go on in the background but they either don't happen or we don't hear about them as they are not significant enough to impact the share price... it's all guess work and whilst this happens we get the repetitive false starts and dips back down again to 0.8p.
I have had a look at the last results and answered my own question... agri-tech sounds very interesting, if they can apply something useful to that area; this would sit alongside the core work as the oil price picks up and more work is received.