Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Was there a timeline provided by the company as to when they expect to publish initial findings of the production test as I can't find it? I know mid-August has been mentioned a few times, but I don't think there is a specific date, is that correct?
The reason for share price being so low after consolidation is due to the poor performance in the past. Also, there hasn't really been any positive news to push share price up since spud. I believe the 25-30 day period means that end of next week is when things might get interesting.
I don't think a few chat members can influence a company with 7.9B shares in the loop. The share price direction is based on the sentiment of the company and no surprise that it is 15% below the placing price currently. Support at 0.28p pence though, so may well see a bounce from there based on incoming news.
This placing shouldn't have come as a surprise as looking at accounts, it was clear cash was running low. 2p placing price is the same as last year so likely to have a rise based on some news within 3-4 weeks. Stochs are oversold and RSI at 39. SP may fall to 1.8p before rising.
My average is 2.9p and have been holding for only 4 months (although bit too long as it was meant to be a short term trade). However, so was MWG for me but I held for 10 months and got out with a 200% profit.
Based on technical, I'm sure I will have another chance next week or week after to get out for 10% and that will be my decision. However, based on the current news coverage around digital health passports, any positive developments will put a rocket up the share price. I'm looking for ~5-6p and potentially more based on news coverage and technical indicators.
How long have you been in this share and what price did you buy at? Share price has been in a range of ~2.3-3.2p for a few months now so you could have traded it 3 times to make a lot more than a bank would have given you. AIM companies generally do not just keep rising and rising, however news will break it out of this range (be it downside or upside as negative news is possible as well)
What buy price and limits are you getting? Sell has been NT for most of the morning and was similar all day yesterday. MMs got to make a market and lower ask if no one buying
To be fair, no one said there would be an interview. Tweet came from guy who works for BBC London news and said he had spoken to CTEA, was very interesting and was hoping to do something this week. The twitter brigade immediately assumed it to be an interview where as it could just be a mention when they talk about vaccine passports and highlight an example company like CTEA.
Even if it is an interview like the one Sky News did a few months back, if management can't back it up with concrete news, then share price will have small 20-30% rise but won't trigger the management options from 10p.
Yes I saw that Singapore Airlines trial for Digital Pass, however Guy and team not involved and other trials have taken place already in airports and other airlines. Guy is not really the kind of CEO that can pull those contracts out of the bag, but I'm sure will get further contracts similar to Lapland and UK Badminton one offs.
We know the tests from BHA are £12ph for a certain batch level, can't remember exactly but 10,000 units comes to mind. You are right that we have not seen what the charge is for the combined solution.
Rampers will say this is a start and will market their capability especially as it was for an indoor sports arena. De-rampers will state that these small orders are the only ones this company can achieve.
I think today is minimal progress but I won't be hanging around for much longer unless the management can prove themselves with an order large enough to justify their market cap.
From my understanding, the tournament consisted of 4 teams each with 8 players. Then there would be the coaches and ref. etc. So let's say 4 staff members per team including a medic and 2 refs. So ~50 people unless there was a crowd.
What I'm unsure about is whether there was a crowd or not, but based on insignificant revenue, assuming not.
Don’t worry, will start to move up next week even with no news...stochs are oversold so a mini bounce is on soon unless news released
Have a look at the last time Spreadex holdings RNS was released. There were 4 in about a week. 13% to 3% to 11% to below 3% in a week at the end of May.
interesting 2M trade after close at 2.6p. Think it's a buy
been same story last couple of days...morning drop on small to medium sized sells and then afternoon goes to blue with a number of large buys
Is this the BHA test kit?
Also the Afrik-ID pilot is scheduled to finish at end of October so maybe news in November, however no guarantee as same was expected after NPH trial
Interestingly the CEO of the Commons Project for CommonPass is Paul Meyer. Wonder if it’s just a coincidence that he has same surname as Guy - Meyer is not a common surname