Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
agree - the price has already left from 1.5 p - this does require patience though
Don't think a lot of people are aware of this - has not attracted the masses yet. Maybe when it makes it to £10m mcap?
Thanks - This stock has been on my radar for a while - should have bought when it was around 2 pence.
Just to check - the company has not set out milestones to report on the drill programmes, right. So we have no idea when the results will be released?
Approvals really are all that is needed - so I am hoping they are working on it since they have the product. Why delay sales if you have EU approval?
When the price drops and there is no real reason, you simply can't explain - that's the market for you. I remember NCYT when it was 120 pence and dropped to 65 on the day for no reason. That was a Friday back in Jan I believe. Next thing it shot back up to 120 on Monday and then we all know what happened there - it reached a height of £5. So, being patient is key.
That's not to say this can't drop for good reason - that will depend on sales and how that has gone - but none of us have any idea other than the company! Personally I reckon this will take a couple of weeks as a minimum.
Satu and Morris out is the best news for this company. About time. I remember sending an email to Morris . What a rude careless person. At least the incompetent are out. Is obelix still on this board ? I remember him from a long while back and I can’t remember the name of the other long term holder who kept dreaming of valirx trials becoming successful and buying him a condo ???!! Hope this is now a sign of better things to come
Yes there will be fundraising and there will be delays due to Covid. But you need to look at what it has found and how significant that finding is, relative to other companies doing the same (GGP for e.g.) and the current climate (Covid). So, it depends if you are a day trader or long-term holder.
ATB
Stretchum - this may take a while though. GGP is in a different position with its drilling operations. collaboration etc. This is one to watch for sure. I was in GGP when it was 0.5p and watched it rise to 2.2p in 2018. That was right before the rumours of collaboration buyout with a company. I cannot remember the name of the company. But it then fell through and dropped all the way back down to 0.5p.
So, I see CHF as buy and long term hold. But there is a long journey in particular with Covid.
Any thoughts ?
Stretchum - this may take a while though. GGP is in a different position with its drilling operations. collaboration etc. This is one to watch for sure. I was in GGP when it was 0.5p and watched it rise to 2.2p in 2018. That was right before the rumours of collaboration buyout with a company. I cannot remember the name of the company. But it then fell through and dropped all the way back down to 0.5p.
So, I see CHF as buy and long term hold. But there is a long journey in particular with Covid.
Any thoughts ?
So how badly does this drop tomorrow and stay at that level ?
no it's not done - read the RNS again. You are looking at the pricing raised which was related to the closing on Friday 17 April. not that the placing was done on Friday. That's not said.
However, I have no idea what will happen tomorrow - corona stocks are hitting the roof but we still dont know what effect the placing will have. My wild guess - it will drop but then rise substantially based on rumour - AIM and rumour = profit
surely the covid play has to come in at some point and with the mcap being so low - will this be a case of wait till the placing effect is done and then this COULD or SHOULD rise ?
You forgot big bench that this company has two products and is currently playing catch up with AVCT which already has a 100m mcap. So, it has legs!
dont think so
- the offering is reassuring considering when it was announced and given today's news.
Read the offering clearly. It states - the Subscription will help to ensure that the Company can deliver on key milestones despite the COVID-19 pandemic.
So looks more reassuring than worrying
Is this a breakout - that's my view- this share never seems to drop below 2 pence for long. When it does, it's only a question of time before it seems to climb back to around 5 - 6 p. Is it doing the same right now?
I think this is probably the most important comment made today - you never know what can happen, including a possible suspension and I have been there before in these volatile shares - u just never knew. This is as close as it gets to gambling on AIM