Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I was hoping for a deeper blue, with 9s and 5s and even 1s. Ah well, have to wait until Monday.
1.10 would be okay.
There seems to be an unlimited supply of 0.85 on the ask. Not sure it will rise much more today.
The admission date of the Placing Shares (the "Placing Shares") will now be on 29 April 2024 and not on or around 8 May 2024 as was originally stated.
I'm surprised MREX is sill on the ASK after all those buys.......
It will be May 1st.
After all this time on this long exhausting roller coaster, I hope we are near to the "First 5kg of SC6 produced." RNS.
It will be May 1st. After all this time on this long exhausting roller coaster I hope we are near to the "First Spod Shipped" RNS.
Couple of more million plus buys and the ASK will be in the 0.40s.
You already know this. They have run out of blue ink.
"The Company expects to complete the acquisition in Q2/Q3 2024"
We're in Q2 now.......
27 million buy!
Because 3) slippage.
And there is copper too.
"Copper concentrate production is ramping up at Baita Plai with dry metric tonnes increasing by 24% from Q4 2022 to Q4 2023."
Might be an interesting afternoon..................
20 million sell just printed.
10 million volume in the last hour. C'mon MREX let the others have a play. Perhaps there will be some large after hours or late prints today - that is keeping the price steady??
Pity it doesn't work this way, but net proceeds of $300 million from the sale is about 80p per share uplift. 🙃
• Remaining Conditions: The sale hinges on satisfying additional conditions, and there’s no guarantee that all requirements will be met.
• Net Proceeds: R&Q expects net proceeds of $300 million from the sale, which will support its legacy insurance business.
• Leadership Transition: CEO William Spiegel and CFO Thomas Solomon are expected to transfer to Accredited, and R&Q will seek a new top executive upon deal closure.
• Bermuda Monetary Authority: The regulator’s review temporarily halted external legacy insurance transactions, including a loss portfolio transfer and note redemption.
The sale is anticipated to conclude in late Q1 2024 or early Q2 2024
A few more 5 million buys and this should go up a little further.
Nice 16 million buy there at 0.24
"It would be nice to know how many of those have visited the data room and viewed all the info inc RS."
The RS report will take them days to untangle and interpret.
It is a nightmare document, although it may be okay for O&G experts I suppose.