Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cheers Bruce, you just made me add another £1k ;)
At sub 80p, it seems a complete no brainer.
It's a fair point. We all understand that the projects won't happen overnight, and so we obeying about daily, weekly or even monthly SP movements is a bit silly.
Human nature, I guess
Thanks for the replies. 20p would be nice!
Certainly lots of news to come before next calendar year. Let's see how it goes!
I will be honest, I know basically nothing about this sector. Have about £5k invested via SIPP which was from top slicing some multi bags. I put my money here partly because I like the frequent and transparent updates, like the fact PJ has a lot of money in it and I wanted something fairly risky but with good upside.
What do people think the share prices potential is in the next 1-3 years please?
It's painful, but I'm not worried.
Just have to keep reminding myself how much the directors put in not very long ago.
That's a big buy! Surely you don't do that unless you have serious faith. Helps me stay patient!
This fall has been tough, but I'm yet to sell a single share
Exactly. Yes there are multiple projects, with news due this year, but somewhere down the line some have got to be successful.
Risky , yes. But we know PJ has put his money where his mouth is and this mornings RNS is hopefully one of many more positive rns' .. I hope!
Just a case of (more!) patience. Cash flow sorted, projects moving forward, directors bought in with a substantial sum at a higher Sp ...
It has been a painful year so far though!
That must be the back of the 90's. Should at least be back in the 120-130 range as a start!
Not a huge amount of new info, but consistent at least.
Still saying 2nd half will be higher, still saying significant growth. Confirmed no debt, plenty of manufacturing capacity, that money from the placing is being used to strengthen balance sheet and buy more raw materials to create a buffer.
Their discussion of the covid related problems of formulation seemed credible.
He did say they will set out plans on road to profitability in next few months. I guess we don't know if that was the plan all along, or a didge of your question.
It's a steady ship in a positive growing market.
Am I worried about the share price today. Yes.
Am I worried about where the company is headed in next 6-12 months. No.
Right o, switching off here, see you in a week or so!
I'm now up over 200%, so should top slice, but I can't find a reason to!
Low mcap, lots of products, ip, consumer and govt pressure to drive demand, basically no debt, and rapidly expanding revenue.
Surely this is just the start??!!