Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Only another 1000% to go...
Just under $6M according to latest accounts if im correct. So thats a complete lie isnt it?
Is it to early to have a drink? ...
Creeping up again now as people buy back in so they dont miss out.
WIll probably close flat or slightly up is my guess.
Will probably be the same thing over the next couple of days until the news lands. People buy in throughout the day, then on open if theres no RNS some will sell out and look for something else for the day before more buy in again etc. etc.
5.4 to sell now :)
5.15 to take 400k shares now. Keeps going up :).
I think youve answered your own question in your first sentence...
A 7% drop for Unilever is BILLIONS of pounds off the market cap of a company that is in a huge number of pensions and funds, its a totally different situation...
Not sure how more clear I can be with this. "may be provided by mutual consent" Does not mean agreed to give.
It has been discussed but they have every right not to "consent" should it be requested.
This could be a great recovery buy at these levels, but going around saying they have another £5m is a complete fabrication.
£5m only if everyone agrees at a later date not secured today at all.
So as things stand, £2.8m to last a month, and then £6.35m agreed as things stand which at that cash burn lasts just over 2 months as i originally said.
Still dropping...
Have they survived though?
And unless im reading it wrong, they say they have £2.8m, and that will be gone in a month. So this finance buys them around another 2 months before no money again?
I love a good gamble but still on the fence over this one.
Painful for any holders, but that RNS is pretty dire...