Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A quick shake. They will take my full holding in one go for the first time today
Looks interesting. Took a punt at 6.1p
Lots of trades going through at 6.1p as sell but are in fact buys as I can attest!
A New York private equity professional has just paid £5 per share for 300k shares and people are selling for £1.50? Boggles the mind
Yes I'd prefer that everything wasn't left until the eleventh hour however these private investors have already subscribed to two smaller tranches at £5, so I see no reason why this one won't be paid
Today is day 30 of the 30 day payment window. We need confirmation of the $2m receipt today or I really fear for the SP..
Probably PM RNS as they are US based?
You read my mind Aidan..
Too much focus on the lottery sale IMO which is most likely tied up in government red tape rather than being delayed by Tintra.
Don't forget - $2m of funding at £5 per share was announced on 21st March with payment due within 30 days - i.e next week. Once that is received this should turn upwards sharply.
3 x 250k buys have also just gone through. Bottom in?
I generally hate shorters on the best of days, but those shorting a company developing a cancer drug - driving them into the ground, making funding harder etc. are the lowest of the low with absolutely no moral compass.
I hope that if there is a short squeeze that they get burnt to a crisp.
Yes that was it thanks!
I cannot find the RNS but I'm sure one of the earlier investors has warrants that are exercisable at $750m and $1b market cap also?
Yes and No. The warrants are exercisable at certain points all the way up to £1bn m/cap before they can cash them in so there is no certainty over those until the company value is multiples of today's value.
Again this gives me more confidence as they must like what they see and have confidence that the m/cap will hit those points
This is the calm before the storm IMO. Professional Investors are paying £5 per share and you'd think they are privy to more information that us.
Sit on your hands and wait for the fireworks
I am back in. I was a little worried it would come crashing down after the huge rise but these guys are the real deal. Here for the long run now!