Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The artificial intelligence deal is due to complete in early September and as CTNA is a cash shell it should become a reverse takeover.
The next bit of news perhaps about how Insight, the AI company are progressing, should move the SP higher. The shares are very tightly held. I continue to hold together with Richard Bernstein who I understand owns 28% of the company.
I’m with Dick and others on this as JOG is worth a lot more than the current price.
The bid for RRE at a 64% premium has thankfully brought interest back to the sector and with our assets plus only 22 million shares in issue we should do better than most particularly as the MMs are very often short of stock here.
We just need a consistent level of buyers who understand our assets plus a farm-out agreement and we will fly.
PC01, it’s always good to learn there is little stock around as when there are buyers the price zooms up.
Even at this level we are undervalued and the recent director buy is a great clue. Do remember the normal market size is 2000 so the MMs are obliged to sell 2000 at the advertised price. They will then increase the price afterwards unless a seller has arrived to help them.
Who is this crazy MRSI person? If only he could be a bit more constructive.
Just as Dick says this is extremely undervalued and has a long way to go.
I’m sure we have a very bright future ahead of us.
I’m confident that a bright future is in the stars for shareholders of CTNA. IMO any price under 30p is a gift and should reward holders handsomely in the future .
No wonder Richard Bernstein now holds a 27% stake here. I do believe he foresees the future which the new Artificial Intelligence interest has started to provide.
A very interesting announcement this morning and it looks like CTNA has chosen just the right target to move the SP in a northerly direction.
I believe we will be very pleasantly surprised when we see the company accounts in the next two years. Market Information is the way to go and should prove highly lucrative for CTNA.
Good to read the posts from proverloop which are a great relief and change to some of the rubbish on this board. I still hold from five years ago and fully support Dr RT, however at times when the SP weakens as it has done, I do think it would be good to hear something from HUR. Confirmation of the latest offload would be great.
I can only think the company wants to hold their cards close to their chests so that potential predators cannot see the full picture. Hope our French resident appreciates the analogy!
We appear to have a problem as why else would the SP continue to drift downwards?
The only good news that I can see is that many ordinary punters have sold thus the boards here and at Adfvn are not getting clogged up by idiots. I have reduced but continue to hold too many!
I've got a soft spot for BrightSpot so I'm not writing his comments off completely.
I'll try to put comments here later tonight as it appears he really is a few hours behind us. I wonder why the directors bought more?
Sounds very encouraging SoB and aduk.
BrightSpot, many thanks for your posts which are most appreciated. Lets hope the boys in Aces Bar have something to celebrate next weekend as well. riptonk posted on 21 August that this well and Hammerhead might blow the doors off. I agree and remain a confident holder.
I am amazed that posters are showing photos of flares at the new HUR well and yet some others believe they could be fakes. An RNS there on Monday morning without doubt.
Slip, you should know this by now; there is no after hours trading, only trades from earlier which were reported late.
I expect to see a flare and then results next week.