Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Aklee - 100% agree. There is NO ‘change of tone’ here. Just one or two desperate derampers trying to foster a bit of negativity.
‘Slacker’ for example (very appropriate name) has had a bit of a Mare on GDR and is coming on here to make himself feel better about his debacle over there ;)
Poor chap
Aklee - I agree. I’m sticking my neck out and saying this is VERY near bottoming out. Maybe another penny down from here but I can see strong support at around 30.5/31p
Very low volume today so v little selling but 6.4% down 🤔🙄
Fantastic point to get in now imho.
Tricky yes correct. The 2,050,500 added to the total shares in issue and the cash received circa £850k in the bank. It’s not like a placing though where the whole slug of money received in one go. They have a time period in which they can opt to exercise their options.
Nice RNS to try and keep Shareholders sweet but the Elephant in the Room is the other ‘G’ word.
Deafening silence regarding a timeline for restarting operations. That is what the market is interested in, not Gilar. Every passing week makes a fundraising more likely.
Good morning Tricky, I think we’ve had a persistent seller for a while now which I think has been backed up by a bit of short selling. These guys know how far to push it though and we are getting very close to a critical support level at around the 30/31p mark. That represents the 20DMA. We wouldn’t want to drop through that but I suspect we will see very strong support at that level (if it gets that low)
All very short term shenanigans imo. Stocks that have shot up v quickly in a short space of time are vulnerable to some short selling but it’s a dangerous game for them to play because this company is potentially full of more good news!
Keep the faith All
Fintech - agreed all of your milestones before year end.
Plus confirmation of ‘cancelled’ licences now reissued.
We might also get something about a renewed drilling/exploration programme for 2024.
I think the biggie is formal confirmation announcement of JV/Offtake and Project Funding with LB Group. Don’t forget this is not yet in the bag so the market will discount it until it is. Once it is confirmed the overall project is hugely derisked.
I’ve got a feeling we’re going to find out quite soon what kind of partnerships they’ve put together but they certainly appear to be the right ones - producing tests at scale.
I’m very happy that they are clearly moving at pace commercially. They fully appreciate that is the focus now.
I’m confident there will be a good reasonably regular newsflow. Two reasons. The first is that there is actually going to be a lot of activity in the next several months. But the second, and equally importantly, is that Greg Martyr is a good switched on communicator who realises the importance of engaging with shareholders. The same could not be said for the previous incumbent.
Certainly exciting times ahead.
Newuncle- no worries mate we’re all here to make money. Fwiw agree with your last post.
Not bothered about current SP action. Longer term view. It’s all supply and demand. I think there are signs this is bottoming out now and consolidating nicely for our next push up. :)
Applebee- that’s precisely what this is. Forward selling for a fundraising. I would hope at no less than 4p.
I don’t know why anybody hadn’t realised!
No matter. They need the cash now to push on. That is entirely reasonable. Money doesn’t grow on trees!
If you think about it logically many are under the amount you would pay for commission on such a ‘trade’. Just think of it as MM book keeping which has no consequence other than disclosing the current bid or ask price. 😊👍🏻
We are onto something here Boys and Girls. This is the REAL DEAL. Finally I’ve found it.
Do NOT worry about day to day SP machinations.
It really does not matter a jot.
A £68m valuation for the mega lucrative opportunity which has opened up for the Episwitch PSE test? Don’t make me laugh.
This is the first time I have held a share which I believe offers the best chance of becoming a millionaire. Possibly even a multi millionaire. You think this is hyperbole? Ramping?
Well before you make such comments go away and research this thoroughly. Then do it again.
Until you realise I am correct.