Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I concur. Not sold any and won’t be doing for the foreseeable, but I can’t help but think the timing has been convenient for the warrants and selling. Let’s hope the final numbers provoke enough interest to swallow up any floaters.
I thought we’d be well in the low twos by now.
My tuppence worth is this. Too many are influenced by some spotty kid journalist with an O level who copies and pasted rubbish off the internet, and not enough by the people who have vision, set up and run successful companies.
Last nights entertainment proves how good these people are at what they do by influence. I’m certainly sold, and will be buying more in the bell.
Let’s hope we become the next GameStop, but this time there’s a solid company behind the stock. £1.50/£1.90 is my guess, no rush, we just all know what’s happening.
Wouldn’t be surprised to see a raise in the table. They even rns’d “the cola will pay for requirements” then followed up with a raise last year!
Trying to remain confident, but it’s a big project with a history of failure to deliver on time.
The gold is so far into the long grass they’ve lost it.
Cheers for any replies yesterday gang, I only really get chance to catch up early morning. When I did my calcs I thought I was out, but now understand if we get around 5m from the sidetrack we should raise an extra £20m p/a @ £1.12. Where that goes is obviously down to the board, but we have the makings of a great future.
Love reading the theories and comments from both sides, but personally I’ve not been this excited by a stock I own in a long time. Let’s hope it all goes swimmingly, and the board act sensibly with the revenue. I’ll keep my target at a revised 4p to start, and see where we head.
Yes JH, apologies. I’ve got so many scribbles on my pad, I’ve lost track! Anyhoo, off to walk the dog, fix a leak then pick up a new motor for Mrs Carp, so a chilled day, unfortunately followed up by three days of painting and plumbing. I must have been bad in my past life. Have a fun weekend all.
Based on rns, and gas at £1.12, can I just check? We’re hoping for 4.6m gas from the s/t, so around £5m/pm or £60m/pa? Debt to repay is around £30m from memory, so debt free in six months? Currently £60m ish mcap? Do I need to revise my revised target? Surely 12 months from now dependent on future expansion/costs we should realistically be nearer £180m mcap. I must be miscalculating?
It would seem there’s some interest at the moment, a push over 5 or even 6 would be most welcome prior to the rns we’re waiting for and give us a chance of 7/10p on sales confirmation. I’m still banking on May before first sales.
We have to remember these people with money need money. The amounts they live in are out of the realms of us mere mortals, and selling a few million is pocket change for them. He’s here like us to make profit so good luck to him.
I’m definitely not selling now for the foreseeable future, at least until we’re producing regular gas and we know the hard facts. After holding so long it would be a poor move to sell when we know there’s an imminent rise on the cards and a decent p/e valuation will see us swiftly fly past high 2’s/3p.
Not sure who the Easter bunny boilers are and don’t really care. Half my stock still for sale at 4p to the buyer.
Apologies if already asked/posted.
Has anyone *** packet calculated what the sp may reach on what volumes? I had 2.7/3p in mind, but if Knowle sell into the rise it’ll hold the top down a tad. It doesn’t actually state they’re not selling or holding.
I’m now thinking of a more conservative 2.3/4, but haven’t the knowledge to target a price based on volume.