Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Peggy,
Look at the market today,
Miners have had a kicking....
If you don't like Arcm you could always move one! ;-)
Stagecoach,
True, but if the world is going to go green to the current targets the amount of producing mines will need to increase by 1000%.
Rumours are that all of the Copper mined since man existed will need to be mined again by 2050.
We will see but I have holdings in multiple miners just in case! ;-)
Seany,
Loads of miners out there with arguably a very bright future if ANY of the climate change goals are to be met.
Of the "majors" I like BHP Group as the dividends have been exceptional over the years and if you fancy more of a punt Arc Minerals is worth a look and IMO has a very bright future.
Obviously these are just my opinions!
The trouble with our politicians is that they all SEEM to be trying to do what's NOT best for Britain.
Be that immigration, penalising "middle" Britain, etc etc, regardless of whatever political persuasion!
Skier,
One of my mates is a farmer, and although he does have plenty of time off, farming isn't quite that simplistic! ;-)
Bitten,
Why have you posted that 5.hat on the lloyds forum?
It won't jump without results,
Be that,
Drilling ASSAYS, a JV or a massive swing in market sentiment.
It's just a case of sitting back and riding this out.
But with POW having a 60%+ holding of GMET any good GMET news will (or should!) have an impact upon POW sentiment.
Some people have no patience and chase rainbows.
As with anything in the stock market you should spread risk but with the deal with AA the next few years are looking fully funded and risk free.
And with the licence areas and Anglo's previous history here I will be shocked if something major isn't found.
Surely at this price level it's a no brainer but each to their own!
Legal,
Although I also like to average down I am happy to hold fire here now.
I have a reasonable holding but I'm also "under water",
I think we need a complete change in market sentiment or a really great result to influence the SP in say a 6 month timescale. And although I might be wrong I think that's to quick for the Uranium side but you never know.
Tati COULD be great but we need to get something extraordinary in the soil sampling to properly move the SP.
As for the spin outs these are also treading water because of the depressed market and need drilling/results.
As I say I will continue to hold but I'm spreading risk as this isn't the only explorer/junior miner with a depressed SP.
Roger,
This investing in the AIM market really isn't for you.
Just stick your money in 3 or 4 FTSE100 bluechip's and chill out.
Peggy,
No need to ramp, just sitting back waiting.
Why are you here?
Oh Yes I remember!
Sol,
The SP won't go up until demand outstrips supply.
Millions of buyers and not enough sellers?
The only course of action for the market makers is to increase the SP to lure more sellers.
Noticed the usual bored posts and thought I'd add this video.
It's definitely worth watching, it only lasts 8.5 minutes but it will open people's eyes.
Have a good day all,
I am by the way still holding in the background!
https://twitter.com/KanekoaTheGreat/status/1651795044893102080?t=d2zkqkEcBy2QC5sWMWIItw&s=19
Again, I'm no geologist but assuming Molopo needs a load of money throwing at it we need to forget it unless a mid/major tier player will take it on similar to the current deal Arc minerals have with Anglo American.
Basically Arc will hold 30% whilst Anglo pay for ALL of the drilling for the next few years.
There are other bits to the Arc deal but this is what we need.
Gold is approx £2000 an Oz, let's concentrate on finding something near surface/easy pickings to at least give the company and SP a boost?
Most of us know who's been here for a while and who are the bell. Ends.
Unfortunately people respond to these clowns and destroy the forum, and it's the same on all boards.
My "two pennies" worth is that if we cannot attract a JV partner with what we already know at Molopo then we should seriously consider selling it on.
This drilling campaign was carried out with much "pomp" that it could be "company making" or "transformational"
We have given it a big shot but in effect FAILED.
We have information which someone with far more knowledge than me may entice them to join in or fund further exploration BUT,
If this doesn't happen would I be happy in the company raising more money/issuing more shares to carry out MORE SPECULATIVE drilling?
No I wouldn't.
If a mid/major won't touch it then let's move onto TATI or whatever.
https://climateknowledgeportal.worldbank.org/country/zambia/climate-data-historical#:~:text=Zambia%20experiences%20a%20predominantly%20sub,May%20to%20mid%2DAugust).
Steven,
Dry season is now in Zambia, heat of summer is August time.
Basically drilling could start immediately and I would imagine Basic preparation work would have already been done.
9 times out of 10 those that are needy enough to boast (or claim) that they have multiple millions of shares are normally bull.5hatters.
This is not always the case but the latest "big I am" I would suggest most definitely is.