Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lol 1.20 on the bid, what a POS
Constant sells, not surprising SP performance is a POS. Binary play for court case here IMO, market thinks the company is a dog
1.35 on the bid, will this POS ever stop declining?
2.10 bid just gone, 2.06 now, test of 52 week low not far away now, POS
Fully expecting RNS to confirm 800 Trillion dollar contract, paid 50% in advance with a 10x performance bonus. Expecting immediate special dividend of c200 Trillion dollars, imagine it'll achieve a 5% yield so SP should be roughly 704,225,352 times higher when this news drops.
Back down again, 2.10 on bid, will NFX ever hold a gain? Like ever?
1.40 on the bid currently, something happened here?
Fair play, must be desperate times to sell at all time low SP here, especially with news flow in the pipeline (albeit potentially a medium term pipeline as opposed to short term)
Someone keen to get out sold at 1.36 it appears, can't seem to buy anywhere below current advertised prices though.
£3K worth of buys? Why will we see strong recovery from this level? What's in the pipeline?
Interesting, if John Zorbas owns 504,232 shares, 30% of the company (as at April 2021 at least), why are folks here convinced he is so hell bent on destroying the share price? Did he acquire these shares for nothing and just wants them to be worthless?
What's the story behind the steady decline here? I see the CLN facility is a blow, crazy cheap price linked to that, still expecting that Canadian listing?
My mate's brother's gardener just text me saying that Sabien are apparently in line for a $34.7Bn contract from Joe Biden Inc.
Worth getting in at this level as if that contract comes in can see this reaching 30-31p easily
"I think you might be getting a bit ahead of yourself there."
I think that is a slight understatement based on JR's comment! Out of nowhere and thinks this will 20 bag, it's just throwing numbers out there based on nothing but wishful thinking. I think this has a lot of potential but the ridiculous "this could go up 5x, 10x, 20x" posts just ruin BBs. Anyway, nice to see a rise, GLA
Serious selling going on, back to 24p on the bid it seems
This company needs to get stripped and cash shell'd, typically worth c£3m on that basis, depends on state of Balance Sheet etc but at £1m market cap it's priced at notional value only.
Lol slift I literally repeated one of your posts back to you and you're arguing with me! (My bad I hadn't read through old posts)
Ha just re-read all the posts between you and RTN and it appears you're arguing over whether the SP will be 0.126 or 0.09! Apologies I thought you'd misinterpreted the restructure completely.
More interesting to discuss is why isn't the market pricing in this deal? Why is the SP 5-6x higher than it will be post restructure??
Slift, what about putting it this way: total shares post restructure will be 39,840m, so if the company is valued at £50m, then SP will be 0.126p. So from current 0.76 to 0.126.
Are you disputing this?
Should add that RTN's maths is better than mine, I just used £50m to demonstrate impact.
Slift - if you are assuming that 5% of shares will be priced at £15m mkt cap, then you're saying the total shares in issue will value the company at £300m mkt cap. Seems unlikely.