Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great post Onlyprofit , we all try to become millionaires out of this game but in fact if we can make a bit of profit then we are happy. I have about £40k in a company that was de listed about 7 years ago but are still going USOP but not heard a thing for over 12 months, next year Rodders lol.
If you look at where we were this time last year , the sp is 15p lower BUT expected news and potential is so much higher. the last 12 months confidence in the company has been battered as news has not met expectation plus Budd has walked us down . With the new CEO now we are going in the right direction and if we can get updates on FDA , commissioning and more take ups on AIHL then we may just turn the corner and head in the right direction.
You get the next plane , loose a day of your trip but still have a great time.We have been given information that at the time he felt was correct , things change at times now if we dont hear anything for another month then string him up but for a few days ????
No point holding on to share sand being pessimistic , i am hoping Cheek is far more different to Dudd, and so far he has done ok, the next few weeks will be telling , news on FDA application and funding , special commissioning ??????????
It would be nice if we can get a stream of news and updates over the next few weeks and also hold the increases as it is hard to predict what is needed to hold any increases and then carry on with some steady movements upwards.
There are a few pieces of news that are out of our hands , but that does nt mean we cant get updates on why things hav nt happened . If we get those instead of stonewall silence that will imo give us an idea on how the CEO is going to operate going forward .FDA news this month and what is going to happen will be big strides in the right direction if it is positive .
Its almost looks like RF wait until near the end of the day then sell what they can to balance the books with sells = buys to keep the sp in the 6.5-8p range , they must be accumulating a tidy amount of shares and replacing the money they have lent , sooner or late they will/ might let it go higher so as they get a better return , maybe after a few bits of news which are expected.
The fact is we dont really know, first we had NICE wont grant full approval for three years , now we have specialist commissioning but we dont know how long that will take . What it seems is that the commisioning may well be happening and the CEO seems confident it will????.
With not long to go trading wise this month what news will we get, 1,2,3,4 pieces of news is anyones guess .
Unfortunately it has been a hard slog over the last 2 years and it has battered confidence in the company and with the market . The new CEO has made a great start and this month we shall see if he can keep it going but it will take time and news and sales to turn it round but i feel we will get there in time.
NICE news i feel is out of our hands to a point, FDA is in our hands if we are looking at deals so as System says not many trading days left, fingers crossed we get news , not done badly so far on the news front and keeping the shareholders and the market informed.
Roger, once you are in any finance deal the only way out of it is to pay them off no matter how good or bad it is. For that to happen we need sales and at last that is SLOWLY starting to happen . Greed is the main reason i am still here as like you i kept thinking the sp would carry on going higher. Now i know it will carry on going higher from where we are . Will i make the same mistake again? hopefully not but i dont intend to sell out too early either and lose out on a larger profit . This is not a share now where i am looking to break even as i see big profit are possible , i am hoping we will get to a stage in a few years where will be in takeover mode so hopefully leave 30-40000 shares for that possability .