Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The sp should have stayed at 23 - 24 range as 3m in shares to Canmax. But are GR said previously there are others waiting in the wings ready to pounce.
The Rns was not that bad, just a waiting game. So either it will hold or someone is accumulating them
Kemi to buy 6.5% in a dawn raid prior to Christmas with a offer of 1.2p which the company will turn down, however the board will give in at 1.6p
Hoping the board will hold out any force the price to 2p but don't think that will happen. But stranger things do happen,
Looking for 2.4p min
One thing sticks in the mind.
Why would Stark accept shares instead of cash for 2.5 million, which would put them out of business as no other company will trust them. Also George needs to be able to get his monies back
So I have the feeling there into a winner, and they will make the tonnes required.
The Rns, was a update, which the market did not expect as it did not state anything and nervous investors jumpship. Causing the drop.
Worth waiting the next few weeks, and next year will see a major turnaround for shareholders
All is not what it seems.
I re read the Rns, and feel its not bad news, it's a wait and see. It's actually saying trust us.
If you don't sell if you do then buy.
Some would say it's a tree shake to get rid of week speculater and allow believers to benefit.
I truly believe they will make what they said by end of November, and all who have stayed in will be on a winner.
Only my opinion.
It is good when the ceo of stark says so. That's all we need to know. All problems solved. Time to fill your boots. Now just a matter of time, prem will become a massive company or be taken over at a massive price. Lithium is what everyone wants.
With gas prices rising, market needs it consolidate at higher levels gas will be over 150p soon and 200p by Christmas as weather gets changes here and war situation get worst, in Israel, as well as Russia and Ukraine.
Do you not realise that this 5m has been pre arranged, to give Canmax what they needed to carry on with the project.
It does not affect the sp as they got the shares at 0.35p
Now if this give Canmax 17% a firm foothold to bid and also to stop anyone else from biding.
I can see them with 29.9% very soon.
And bidding for prem.
There is now no doubt that Canmax will keep mopping up prem shares and by 19th Sept will make a Bid for the company.
They will get the company cheap as most will be out once this gets to 1.5p
An offer should be over 5p but they will get it at 2.5p , can prem hold onto part of the company
Still can't see how we are going to get 75% yes vote without Canmax.
Looking like 60% as a maximum, lth and others will not want to to vote at all.
And I can't see Canmax walking away.
So a deal will be done, maybe with Canmax taking a further slice of profits. And shares at a later date
This will turn out to be a storm in a tea cup.
All will be worked out, just a time dely as always, it's not unexpected..
Then the sp will shoot higher and to new highs where it is expected to be. So much in hand and to come
Even if we get to vote for more share to raise capital it will not pass is Canmax have to many shares and they will vote no.
But that will be a good thing it will leave prem open to a full takeover.
But to be more down to earth, Canmax will come back with a new offer as they need prem.