Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
After listening to the relevant 5 minutes I have to say that absolutely nothing would surprise me now in the mining markets. There are tentacles everywhere and they seem to reach in every direction and surface where and when you least expect them to. The games afoot and we have a ringside seat. I have an inkling that something MAY surface before Shauns visit.
I took the research a bit further last night. I created a WhatsApp group of all my friends that had tried the vapes. 35 in total. The favourite flavours were lemon, blue raz, blueberry and cherry with melon only liked by 2! Only 2 out of 35 have continued to order or buy from Morrys. ALL of the remaining say they would be happy to vape them if they had nicotine. That is fairly significant. One in particular saying she would order in place of her normal ones which she has 30 per month of 1200 puffs. Surprisingly most consumed a a 600 puff every other day. It certainly looks like nicotine is clearly a winner.
Looking at the last raise at 3.75 Iām of the thoughts that it was done to accelerate the pod system with nicotine. That should be the game changer. Iāve lost count of the number of people that say they love the flavours but arenāt interested until they have nicotine incorporated. It looks to be a sensible way to go and the quicker the better.
Anyone new to investing, this is good basic youtube on profit taking at the correct time. Worth 30 minutes of your time if youāre learning as you go.
https://youtu.be/c-kUj8bMrkk?si=-fAyTZVqSKFf7RoF
Alfie, Iām looking at this a slightly different way. I already have a fairly high holding so wouldnāt be buying any more at this moment. However I am building up a fund in my isa ready to invest if Callum does have to do a quick book build, for example if Tesco or Asda were to jump into the fray and he needs to rapidly supply 2 million vapes. I would see that as a positive. However he is fairly cash rich at the moment, and he does have income drifting in from website sales, Amazon and 2,500 other independents so Iām happy to sit and wait for the next rns. However, I do see your point. A rapid expansion for more stocking in other stores may necessitate asking for cash but I would take that as a positive and I for one will be ready. Iām off to Morrys this morning so my new bezzy in the store will tell me how many have passed through her kiosk. Always good to know, even on a small scale.
I agree with that VP. Callum is properly switched on and is one of the most driven CEOs Iāve come across. They are out there but few and far between. Iām more than happy to trust him with my money. Just my opinion.
Callums presentation was excellent. Straight, honest and full of excellent info. Sometimes I listen back 3 or 4 times over a week and each time it reinforces the thoughts that this company is being steered in the right direction for steady growth for a long time to come.
RKB, they should be on display amongst the rest of the vapes. They told me they had a layout plan in my store of where to place them. Mine was tagged too as they said itās one of their most stolen items.š Mail Morrys customer services.
If you can put the address of the store Iāll Tweet Callum on dm. He likes to know as much as possible.
I said I wouldnāt keep adding but I kept looking at the sp and listening to Callum and thinking why shouldnāt I add at these low prices when I was happy to so last month when it was higher. Deep down I think this will only go up from here. I was in Morrisons yesterday and asked the checkout assistant if she saw many Chill vapes going through and she said that she had seen a just few over the last week. She did say that she only works 4 days though . I suppose realistically thatās all we can expect at the moment. Slow steady progress.
I stuck a buy order in this morning at 2.75p. It hit it about 5 minutes ago. I kept listening over and over to what Callum said on the Sunday roast and couldnāt resist another buy. All we seem to have got from the potential disposables ban is an accelerated move towards reusable sales here in the UK. So no bad thing really.
Callum about 30 minutes in.
https://youtu.be/EtttgS_2EA8?si=FoQRy3pTOYVt0vNV