Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A meaty 1.94p buy, cannot believe we are sub 2p… maybe some news in the pipe work but looks like all the float got hoovered up yesterday…
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I first transferred £5k on Oct 2018 to buy 333,334 shares and 333,334 warrants… so I’ve been here nearly 3 years so far, going to see this through to IOCG development…
Hadn’t realised that you’d left…
Not sure who is selling down here but i guess people have bills to pay or rainbows to chase...
211k oz is worth £5.66m discount the spot by 98% and using fx rate of $1.41. Using 95% discount, its worth £14.1m...
At sub £7m mcap, its cheap whatever way you look at it, and if we get to 1m oz, you can multiply the calcs about by 5...
Pretty sure Greg said in interview about the shortlist and about it being a ‘him’… I’ll do some digging…
I think we can all safely assume that they are going to deviate from their timescales lol... I’d say November, but I’m easy to be honest as a pull like one more slug for the journey... £7m cheap though right... people just don’t understand... I know markets looking a bit dicey but smallers always come out of the carnage first...
You realise if we hit one, we transform into a beast, £200m mcap easy... overnight...
Imagine having just one discrete IOCG target, we have 3 very discrete IOCGs, and one lucrative copper-gold targets, along with many other potential IOCGs, just not as discrete... With the 22 prospects, given time, I cant see how this doesn't prove up 5m+ oz gold, just takes ages which obviously the market doesn't like...
You gotta also take into account the inventive thing of £10m mcap or 1m Oz... presume they want new chief in place so they void this deal etc etc...
I thought the presentation was very informative... you could see they were all getting a little excited about drilling the IOCGs... Interestingly, Peter Walker works and advisers many companies... I wonder, just wonder if one of the big boys has put Peter in there to consult to see if there is IOCG potential...
2.35p close I reckon...
this wants to move higher... Presentation on Thurs, there must be something worthwhile to update the market on, right?
2.29p aboVe ask...
Cheers...
1) will there be a lock in of CM stock for orderly market purposes?
2) have we to date found any tin grades worth exploring and is the method of sampling we are using, the best method for discovering different elements?
3) do we think we should get another broker involved alongside SI Cap?
Wasn’t expecting BLUE, makes a nice change... enjoy the bank holiday guys and girls...
No not this round... but interesting Alliance got some, who are situated right next door to Wudinna, grant to look for gold... Alliance have the tin too, which is highly probable to be in our tenements too...
I’m ready too if needed...
I actually didn’t think the update was too bad at all... yes the labs are busy, yes the drillers are busy, but look we are in the midst of the commodity supercycle and in the best region in the planet for mineralisation... knee jerk this morning but it’s just tooooooo cheap...this is a proper professional outfit, I’m a buyer and a holder... thanks for posting up the link...
Did they buy anymore than the equity issued on the 29th?