Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Huge amount of positive RNS's this morning. Money is moving. Terrific news for a payday. Getting bargain prices here at 27p again. It's just amazing!!!!
I've snapped a tonne more here. The RSI is wayyyyy oversold. Get your money in everyone.
GLA
Chase
https://twitter.com/thelastdegree/status/1353011816184610817?s=21
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Chase
I said I'd be back in March. But here we are. So I agree mostly with Chester below. Today was pretty telling, it seems the market perceived the scally area to be finalised by this point? I jest - of course it isn't. GH said in his soundbite this was a total over reaction, and it was. GGP are explorers, they don't find 'it' straight away everyone, he said himself they are happy to explore and find the source (telling in its own sense). Now, the cost of that is massive so you wouldn't release this RNS to the market, carry on drilling, explaining you're looking for a source if it wasn't worth it? They've just found a 3.4mmoz mine. It's not like they aren't credible is it? - you be the judge. I know what i think.
The result was 'poor' on the face of it, but if you genuinely feel this company is a 28p or lower company, at this current time; well, keep selling and people who can see past the noise and panic of a 'bad result' will be the ones rewarded.
Our aim as shareholders is to be on the same page. So if you want to be on my one, I suggest making every use of every opportunity the market gives you. And sub 30p for what we know about GGP and HAV alone is the opportunity of a lifetime again thrown for everyone. Make the right call.
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All we needed was a change in BTC. The company fundamentals are fantastic. Bear's gone, bull's in full swing. Hourly chart is a thing of beauty, stimulus to come (the real major boost for the next month+). Absolute poetry for a kick up tomorrow.
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Agreed. It’s estimated 2-3 trillion. Trillion! This will devalue the dollar and leaves two hedges. 1. Digital gold - Bitcoin and 2. Gold.
On the last stimulus package it added 25% to the BTC alone. Do the math.
Chase
Evening all,
I am intrigued by Argo. Question to the panel, maybe not even a question but more valuable information? I believe the stimulus package in July approved by the US added near 25%+ to bitcoin value as a hedge against inflation. On Thursday Biden might announce a new 2 trillion package, seemingly likely given the control of the senate now.
If agreed, I think most posters on here's predictions of reaching the 'US Peers' might come sooner than first envisioned. I will be securing a huge long tomorrow morning on ARB.
GLA.
Chase
Since the good news on the MRE, the MM drop and shake and now the rebuild back to 33. Do not get suckered into D2D flux if you are long, or a very long term holder of this guys. It's nothing that hasn't already been said but trust me, GH has not stepped a foot wrong up to this point. The SP is going to be driven ruthlessly up by NCM and the fundamentals in place to achieve value. I've said it before and I will say it again, hold with GH, we all come out on top.
I won't be commenting until March now. I wish everyone a good Christmas, albeit this year has been one to forget. See you all in 2021 for the real fun and games with GPP.
Stay safe.
GLA
Chase
If you can’t see that this is really good for an INITAL MRE you don’t understand what you’ve invested in.
“ Outside of the Inferred Mineral Resource estimate, mineralisation remains open with encouraging results identified from the South East Crescent Zone and Breccia zone, Northern breccia zone and the Eastern breccia zone’
At depth. Every direction. Nowhere near knowing where this ends.
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I'm inclined to think Blackrock are soaking up the big big shares. I've been watching #EUA and #GGP trades closely (invested in both) and near enough in tandem we're getting huge huge buys of not too dissimilar amounts. Could be just one factor.
https://twitter.com/GMF782/status/1333792510292807682?s=20
GMF78 has since posted a finding for blackrock and the index buying near enough the same point Tom kindly posted the Blackrock % also.
May just be a coincidence, however the markets are not random. This is only going one way.
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Been here a while also. Also out now. what a crazy 6 months. I think the US is more of a mess than the UK and given that, that's enough for me to cash in chips.
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Some good research Sain. Trust from our PURP chat still in CWD here and holding firm. The housing bubble (and i say it most definitely is a bubble) is causing a huge state of flux in the market. It is strange competitors like Foxtons haven't caught up yet or lag somewhat, but some of their London branches are a bubble within a bubble. I hope everyone makes a tidy sum or has done from holding early days as i did on re entry. I plan on 'considering' exit over £2. Purely down to the furlough scheme ending in Oct2021 the unemployment wave is still not priced into our UK market as a whole IMO. Naturally there may be a slight retraction in the property bubble coupled with the stamp duty release until March. Now, i'm hypothesising but not without logic included. I am happy to be proved wrong and open to do so. For now and at least the next few months this is performing outstandingly.,and is backed up by the numbers.
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Oracle Power PLC
("Oracle", the "Company" or the "Group")
Consortium invited to meet with Private Power and Infrastructure Board re LOI
Oracle Power PLC (AIM:ORCP) is pleased to advise that the Company, along with its Consortium partners, China National Coal Development Company Ltd. and the private office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum (together, the ' Consortium'), has been invited to meet with the Private Power and Infrastructure Board ('PPIB') in early September 2020 to present the Thar Block VI project implementation plan, with a view to finalising the award of Letter of Intent ('LOI').
The meeting will be chaired by the Special Assistant to the Prime Minister on Power in Islamabad, Pakistan, along with representatives of the Ministry of Energy (Power Division), CPEC Authority and the Planning Commission (Islamabad). The Consortium will present plans to the government for the development of Thar Block VI for power, gas for urea and other uses.
The Consortium's presentation to the PPIB forms part of its LOI application and is considered by the Board as one of the final steps in the award of the LOI. Further updates in respect of the timing, and next steps required, with regard to the issuance of the LOI will be made in due course as and when appropriate.
Naheed Memon, CEO of Oracle, commented:
"As we have communicated previously, we have remained in a regular and constructive dialogue with the PPIB. Despite the unforeseen delays as a result of the COVID-19 pandemic, all parties have remained committed to developing Thar Block VI.
"Oracle is committed to partnering with the Government of Pakistan to develop a power and coal to gas for urea project under the China-Pakistan Economic Corridor at Block VI, and is fully cognisant of the importance of this project for Pakistan, given the imminent shortage of gas, and the government's strategy of reducing reliance on imported fuels.
"The PPIB request, following a relaxing of the COVID measures, to meet with the Consortium in early September to review details of our implementation plan once again endorses the importance of our project and confirms the government's willingness to work with Oracle for the development of Block VI. This invitation is clearly a positive development in the LOI process and Oracle has confirmed with its Consortium members their availability to meet with PPIB early next month.
"I look forward to updating shareholders in due course."
On this....CWD i told the board to buy at 60-70p levels and I'm still in that. I'm sure Sain even bought in despite his hatred for the BOD, haha still gets me that. I think it will get to £2 easily soon given their success. If anyone was thinking of entering. No ramp, just my personal opinion given free of charge.
Chase
Beautiful SP. I've barked on this since the 34p entry in march and re entry in tranches. Sain...it's been a pleasure dealing with you on this and the CWD board (feel free to scroll through messages of the chat everyone on my posts). Albeit your agenda does confuse me, hey funny old game. I wish everyone the best but 90p was an exit target for me personally, got to stick to those targets and not be greedy. Good luck everyone else, I think there's more upside but you have to derisk sometimes, a pill im wiling to swallow. If i snag some 50/60 (highly highly doubtful) maybe post brexit, unemployment catch up next year ill be back.
Cheers
Chase
The only way is......you know the tune.
USA Hills will start flushing out competitors. We're in a great position. Buy and sit on hands.
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The shareholder pessimism is defo warranted to an extent. The company MUST get the LOI over the line month end. Otherwise this is just a stagnant share tying up money for no real benefit that is years away.
We'll see. I still hold and hope that comes soon.
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Spot on BigTrades.
Only company with the platform in the sector to succeed if the future stays like this. More and more people realise that estate agency is not a hard job. If you're not bothered about service you choose convenience and flat rate. PURP is the beneficiary. Thus SP UP.
£1 incoming.
GLA
Chase