Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Is there a telegram group for this share?
Thanks for that thought that’s what a forum was meant to be about sharing information. But thankyou anyway
Can anyone give me any info about this share been on watchlist for week or so but haven’t done much research yet
I think he sounded quite positive in this interview and he mentioned the scale ability.
Quiet here after TR1’s
Hiding comments on their Twitter account now that’s a new low for me.
To me this price is crazy but what do I know.
Would like the company to come out with some clarity on what’s actually going to happen.
You not reckon this will get back to say to 25p level? That’s about 4M MCAP
Is 9p the bottom? It’s valued at like 2M MCAP now I think
I was clearly wrong I didn’t think it would drop this low after the trading update. Will have to wait and see what’s in store for this company.
So you’re saying 129% revenue increase and big margin increase warrants a 50% rise from 6p level? I’m not saying it will shoot up. But think it will be above what you are saying.
Personally I think the last update speaks for itself new start up company with increasing revenues of 129% and eager to expand.
You’ve stated your target price and I think you will keep chirping until you get it. Same old story with these boards.
From skim reading I can see for this half the revenues £1.9M if they can match that it say £3.8M revs for the year.
Most of the operating expense seems like share incentives for the new division so I’m going to say if no more of this needs for happen then say operating costs at £1.5M would leave £2.4M profit for the year?
Loss at present is £4.2M
with expansion profits could possibly go up for the next half?
Profitable company at some point then apply P/E ratio much more than £4M market cap.
What’s people’s thoughts??
I’ve had a read through the RNS and I can’t quite understand the price drop on the 28th of June I think it was? Can anyone explain?
At the moment I can’t see why the share price won’t go back to 25p+ from what I read increased revenue opening an office in Dubai. Sounds all pretty positive to me.
For me it’s abit crazy like you said they’ve took stock at 4p and if I’ve calculated things right, there is only about 75 million shares in public hands and 30 mil have been traded already
10p is a 20mcap for this company, what’s people’s thoughts on that? Haha
Going to be all fun and games tomorrow I expect!
@zebra I was the same, I’ve bought few times now at mainly 2.4 ish so I said any chance again of buying under 2P I’ll be buying it may go lower who knows but I think it’s a good price live and learn though haha
I picked up 2k towards the end of the day at 1.98 I think it was, I was expecting a WTI bounce but continued to fall, I kinda just thought abit of a safety net the preds got cash they can weather the storm for Atleast 3 months prices will pick back up. Long term hold it should do well.