Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Because it’s completely unloved and also under the radar of the large institutional investors, the previous rights issues to fund projects have decimated investor confidence and potential returns and lastly the market was always uncertain as to whether it could service its debt.
Once our total liabilities are less than say 500-700 million equalling or close to cash in the bank this will rocket.
Until then you have to trade the swings until it breaks out of say 35p.
The fact is the market cap is just over 400 million. We will throw off around 500 million dollars in profit this year alone.
Over the last 3-4 months and our hedges we will have never made as much free cash flow.
Even with the lunatics tax this market cap is utterly insane and it should be closer to 75p than 22p.
Chill out and trade the swings
25p is beckoning, poo will be back up over 93-95 dollars asap and we have an update with more telephone number free cash flow numbers.
I now hold 115,000 shares on this last trade and I’m thinking 28p-29p plus within the next week
Krak I’m around 36p up with my trading portion on enquest in 15 months. I’m not fussed about being 2p down per pip :-)
This is ridiculously undervalued and I’m even thinking of another top up.
Remember my main holding is just under 21p :-)
Stop being so melodramatic this was all known and in the press for 3 weeks :-)
Is downbeat this is the most undervalued stock in the ftse 300.
Ab will find ways to avoid this extra tax just watch.
We are throwing off free cash flow like no tomorrow.
I will buy another 30,000 shares at hopefully 24.25p ish early doors and I’ll then average around 26.1 from this trade.
My core holding sitting at just under 100,000 share s is at 21p fortunately.
As I’ve always said trade the swings 30p plus will happen very quickly after the ops update just chillax.
This government have sold us and future generations down the river for 50 years plus and we are completely screwed but this diamond will see us through.
Mrc but only a 1% increase in electric cars on company car tax from 2025.That’s my industry right there and I’m absolutely buzzing as they have listened to the British vehicle leasing association for once-)
Much a do about nothing and we won’t be paying it anyway due to the 1.2 billion in tax losses and future investments in the North Sea.
28p plus again soon this share us the most undervalued but unloved share in the U.K.
£3k capital gains benefit from 12k wtaf there is no point in investing from 2024.
Brexit will see this great country through together with these absolute clowns!
Very unnerving what happened yesterday and it is good in a way that they are all at the G20 convention to hold them to account.
This should not be tolerated but we have to tread very carefully:-(
Should see 28p plus in the next day or so.
Jeffrey chillax the value if this company is pitiful and this is the most undervalued company in the U.K. by a country mile.
Even the lovey empathetic emotionally intelligent mr can’t is spreadbetting this today :-)
27.5p finish is my guess.
Ammu just give it a rest sunshine, it’s just utter drivel for a lower entry.
You are even more annoying than me :-)
Bad day in Chinatown but this will rally big time over the next few days.