Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What a bloodbath this has been today! I can only hope that we see a sharp bounce before the end of the week. I can't figure out what the main issue is here. The fundamentals look sound, Nickel prices could be better, but should be at the point that the first Nickel runs of the production line, so I'm lost as to why we've lost nearly 50% in 2 days. Heads gone!
I'm with you The Italian, I'm in no way knocking EQT. I'm in it because it has great potential, and I'm hoping for very big returns on it. I just get a bit frustrated reading non stop nonsense some days. I agree that in a bear market this is holding up nicely.
I don't mind positivity, we all dream of hitting it big with these shares. I just draw the line at utter nonsense like it being a great day when your the best part of 5% down, or like the other day when we were going to finish blue with 5 minutes to go and 3% down or we will finish the week at 8p when we are just over 1p now. When it's total nonsense I really think new punters are well and truly put off.
I'm with you Treacle. The interview was great, and the MOU was good too. But neither of those changed the fundamentals for EQT and so I expected a dribble back down on the SP. However what did surprise me was that the £10m loan hasn't given the SP a permanent boost. I don't understand why the market hasn't seen that as truly positive. It means EQT are fully funded for the foreseeable future, and that due diligence has been completed by an institution. Head scratcher.
I guess it is going to take some revenue generation for the market to really give this the rerate we are all looking for. Hope I'm wrong, but it looks that way at the moment.
Thanks Catchingpigeons, I've been watching for 6 months now waiting for the right time. Figure its as close to lift off as I dare leave it. I did wonder if the FS didn't come early October wether it would drift a little further still, but that tweet gave me no choice but to get in now. Hopefully I got the timing right :)
I plan to Predators when I get some time to investigate chart indicators a little more. Can't hurt to improve my entry and exit points