Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree SM66..! I sold up last week at 20p and 12k loss! I was overly optimistic for far to long whilst watching the SP get eroded week on week! I naively thought the new contract awards and extensions would pave the way to a brighter future but you can’t ignore the overwhelming debt which has been dragging this company down. I like you will wait until that debt has been addressed and the BOD can demonstrate a clear path forward. Only then will I well jump back in and try and recoup some of my losses. Let’s see what happens next week. GLA
Simple question so don’t batter me! Would it be conceivable that PFC are going balls out accumulating as many contracts in order to demonstrate to the banks that any equity taken for debt will not necessary mean a harsh dilution in SP if future work load carry’s significant profit? Therefore no change in SP price regarding a possible D4E. Off to the dentist so can’t reply straight away, more pain lol..
I feel for you PFCvetran..! I've hovered over the sell button all day but my stubbornness has prevented me from selling. I feel like a small part of the orchestra playing out a final chord on the Titanic. Goodluck and I hope you can recover your losses on a better investment in the future.
I get your pain PFCvetran! I too am going around in circles with a 'do I or do I not sell'.
If I do, I'm sure positive news will surface and i'll kick myself and if I don't I will be melting alongside with you.
I'm half down on my investment and part of me thinks, let's cash in the chips and find a stronger neddy to put my dosh into and my other half says sit it out and take whatever if coming down the track. This is the only investment that's got me so confused..!
I like many have no clue where this company is heading but considering some of the heavy drops today we're actually holding up quite well. I'm sure the Petro Rats will be out in force dooming the hell out everything but I think holding tight and waiting for more news is the way forward. GLA
I couldn't agree more! All my other investments are bouncing while PFC sits idly in the corner like the ugly sister. Unfortunately I'm in this stock with an average of £0.45 and will have to wait it out and keep fingers and toes crossed for some positive news come April! By heck we need it! GLA
I unblocked Tony a while ago as I feel his humorous posts on this platform gives us all a chuckle lol.. I'm sure T's fansical tales originate from hours talking to his house plant which in all due respect probably shares much common ground with. Keep it up T and GLA
Mary, good post, balanced view for both negatives and positives. However, I’m all in and if it goes bump ‘which in my opinion it won’t’ then I’ll take it in the chin and crack on! I personally feel this stock will head north soon and when it does it will fly past the clouds and enter orbit and deliver a bumper harvest for those who were brave enough to put their bits on the line. Not Financial Advise BTW, just me with heart of sleeve chatter… GLA 😃👍