Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Coffeecups - I’m a little surprised by the lack of any negative reaction to this morning’s announcement. Perhaps it’s because the lack of any concrete positive news was already baked into the SP. As IB has said SP pretty much at atl.
As regards India I think Tom needs to be clearer about where exactly their target markets are. They have one guy out there and who is he talking to? The potential is huge but you need to know where to target most effectively your limited resources. At least this guy has pedigree and very good knowledge and links to the Indian market. So that is encouraging.
I think, as regards to the NHS and specifically CDC’s they WILL crack it. It’s just taking longer than optimistic people like me hoped. There isn’t any longer any question as to the benefits of Bleepa AND they have a large moat and a USP (only certified medical imaging device in UK)
It’s all about the money being made available to build up the digital side to garner those benefits. Have investors got the patience?
I think we’re very close. He has taken an understandably more cautious tone than previous - with enough encouragement on the flip side. I would say funding is good for another 12-18 months so no probs there for the time being.
For me QVH is KEY to unlocking the potential here.
Hi Barnacle - QVH tender news must be very close. Only one of two possible outcomes:
1. FDBK Win
2. Another issue with tender like last year
QVH Win is imperative and significant if FDBK win it.
Dusty you don’t actually have anything useful to contribute to the debate other than to childishly berate another poster with the preposterous suggestion that he is in someway responsible for the share price drop. This is an indication of highly immature investing awareness. Focus on the fundamentals. Focus on the facts.
The market is merely signposting the placing which will drop imo within the next four weeks.
And yes, because the SP has dropped so much it will be significantly dilutive.
RNS issued this morning but not shown on LSE:
https://www.londonstockexchange.com/news-article/COBR/ree-exploration-strategy-to-include-uranium/16327250
Al180 - the barriers to entry for competitors is very high. The Moat is very wide. There are no other comparable competitors in view of the impending ban on HCP later this year. Hardide have a pretty clear run at this. However, they will need to scale at some point and THAT for me is the crux. They don’t have the capacity to scale to meet the potential future demand and, therefore, there is only one solution. Get bought out by someone who can help them realise the potential. It simply has to happen as we can’t have a continuation of the snails pace progress we’ve seen up to now. And that’s why I think we are seeing very different noises from the company now leading up to Phil Kirkhams departure.
Pony - I agree but the longer you leave it and the higher the price moves your profit dwindles accordingly. Much like if you bought a share low, make a big profit and then the profit takers move in and you watch your profit disappear. But as you say, much depends on when they took out their position.
The $6m question is will the recognition and publicity that this award generates lead to more business, more sales, in India? It is VAST market that could be tapped into. One positive is that an investment boom is expected in India as various factors that have held the economy back over the past 15 years somewhat disappear. Red tape is being reduced too. And Feedback are now ‘present’ in India as a business.
In the trading update 18 Oct they said:
“Hardide expects to announce full audited results in early February 2024.”
So results are due very soon and although we pretty much know what they will be its the accompanying statement about post year ending trading and outlook for the months ahead that is of particular interest to me. I am expecting positive noises from the company.
I am ‘hoping’ that they are holding off from announcing results as they are ‘hoping’ to have some good news to announce alongside (or perhaps before) the results. I am sure Tom would prefer to avoid another investor meet which is little more than jam tomorrow promises again.
QVH Sussex must surely be concluding or concluded. Tender closed on 7 Dec and look, I know it takes time for anything to happen in the NHS but for the love of god surely there is a decision imminent! I think that will open the floodgates or, if not, the extended pilots being successful will! One last thing to mention I know from working in the NHS previously myself sometimes decisions are pending on budgets allocated and resourced.
Onsolidground - I haven’t found the Shell news yet but it’s a trend in the sector…..Note the following from BP:
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/bp-ventures-into-green-hydrogen-production-in-a-strategic-move-24677
Miiiiiiike (sorrrrry if that’s the incorrect number of ‘i’s) I’ll have a go at answering.
It’s possible that, due to the size of the order, it had to be ‘filled’. That is to say it could not be executed immediately but had to be be held pending a sufficient amount of stock at the right price becom8ng available. Thus, once it has been filled, the price can reset to a ‘correct’ level according to demand and supply, and since there were more sells than buys a modest drop back occurred.
This tiny company is potentially a significant player within the niche market they operate in.
They have a moat, a USP, excellent IP. But it has taken a long time to get to where they are to now. The opportunities are now opening up. The main issue, from what I can see, has been about scaling. It remains an issue but the obvious solution is to be acquired by a bigger player with more scale, breadth, resources, finance etc. I am convinced this will now happen because potential suitors can now see the growing commercialisation of the business. The orders are now flowing across a variety of industrial sectors. Hardide has a TINY valuation. Crazy really when you think what they could easily become with the right company buying them.
This is a sitting duck folks.
They have said they will update the market as intercepts come through. Drilling commenced 9 days ago.
“Although the RC programme is expected to conclude in four to six weeks, we will update the market as intercepts are made available over the coming weeks. Samples will be sent to Intertek for assaying and first assay results are expected during Q1 2024.
"This is an exciting phase for our flagship Atex Project and am looking forward to announcing the assay results in due course."
I’ve taken a small position here and will see how it goes.