Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Looks like we are going to float around. Not enough volume to drive it down and top up and not enough to encourage further adding.
As we go into the holiday months market will be tight and we get volatility that moves it one way or another.
If this does a dive then i will be aggressively adding. Multi year play.
That bloomberg terminal is an absolute boon. Cheers for giving us the heads up.
Its just now holding a position that you can get to the other side with. We must look at this as a multi year play.
Sometimes its hard not to get a little spooked.
Really appreciate the data... cheers mate.
Got it at £1.2788 the 50 dma . We may move between this and the exponential 20 dma at £1.2350. Remember we had five months when we could not break the 20 dma.
Generally like the way it is acting. But a pull back to be expected. If you want exposure to AI on the LSE this is it. Just watch that presentation. They are going for it hell for leather with their clients. Partnering with Microsoft and Adobe.
Netflix as well...
As a three play this has massive upside now as the cashflow starts hitting and the merger costs reduce.
If you cannot sit there it is often because your position size is too large or you are not sure of the value of the asset bought.
As Liver more said it was "my sitting that made me my money".
"Reminisces of a stock speculator" which is basically his life chapter 4 old Turkey the senior trader at the brokerage he used told a guy who traded in and out "I cannot sell my position". Basically stating once you have your position and the amount you are comfortable ride it. The large moves make the money not the trading in and out.
The old guy had learnt it... Pretty much for all of us it is easy to understand damn difficult to do as our risk tolerances change. Once you decide on your size keep to it and ride it through and do not go above it as you will get scared out your position by the market and the trolls.
People maybe thinking summer sell off and China not looking so hot so lightened up.
Once we break above 50 dma and make a higher high we'll get some significant rises in my view. Metrics speak for themselves we are way too cheap. Market as a whole is the factor. Before it was stock specific.
Exactly the momo crowd came in along with the trolls. We should be quiet for a bit. Page being a semi troll as he's too incompetent to gain that title. Maybe he's the anti troll...
Drilling and testing now its fingers crossed.
We have a deramper who cannot understand the word "discovery".
Meanwhile he was talking about placing and dilution while trying to ramp a company with a license in the Falklands that cost $1.6 -$3.2 billion to bring to market. The company has a market of under £20 million. To realise that asset may just take a small dilution.
Page you have less than zero credibility my little troll... You are an embarrassment to trolls...
Page you are the most incompetent little troll I have ever seen.
You stated MOU-3 was not factored as a discovery when Griffiths stated it was a "discovery" in the first sentence of the RNS. When you learn to read and not troll people might take you seriously...
We'll probably have a pullback to the 20 day moving average 1.20 zone and then go again at the 50 dma.
Above 1.35 we start making higher highs... Feels like the turn is in.
The pay wall blocks We are working with the biggie platform operators in Microsoft and Salesforce if working and Netflix suggest the right connections like SFOR's work. Look at the metrics and the company then evaluate if this is for you.
Had a fair few been slimming down as they have been weakening.
Been adding here as the metrics are so low. We are investing if not at the bottom of the cycle close to it. With the AI wave coming I would assume different parts of the ad budget will be prioritised to this area and SFOR who are partners with Microsoft and Salesforce should be on a strong footing.
In India they are building AI investment incubators I think from an ad agency perspective they are one of the top plays in digital. Economy soft means you have to work harder and advertise better. You need the guys with the best tools.
Can anyone give us a few goodies from the presentation?
like jonmo would love to have seen a bit more to get mou-2 done. however if we have 1, 3 and 4 pg will have masses of gas to sell on.
he can then go into mou-2 off the proceeds of that which would be chicken feed to do after we start monetising, so why raise further? looks like a sign of confidence in that he is so sure of mou-4 does not need to **** cover with going into mou-2. the guys have been hugely confident on the gas...being there. now it's drill well and test the rest.
also can be seen another way and that is mou2 is someone else's job after they buy the moroccan assets.
They are going to try and keep this under£1.12 resistance zone. It starts moving above and breaking £1.15 we should start going back up.
As we all know debt load drops off and we have a very small one at a third of market cap. We will be pounding out cashflow if we keep to figures.
Dont forget, they said there are a number of further targets to drill across the acreage.
Got to love the guys who said they never even said the word "discovery" when as Keith pointed out it was in the first sentence in Paul's comments.
Then we got the guy who goes the statement was vanilla. I may differ when Paul says in the RNS "the shallow gas potential of MOU-3 has exceeded all predicted expectations." He had significant expectations.
That's premium Madagascan vanilla the one Nigella uses. If that is vanilla get me a billion tubs of those wares...
Agree with Jonmo I would raise for MOU 2 we know there has an absolute mega load of gas under that seal.
The share that Paul has kept for a company this size is huge compared to the vast majority of these companies.
With the gas in the ground a small raise to put the bow on this package is nothing. Anchois is around $300 mil to drill and get going. We so far are under £10 mil the guys have huge runway ahead.
I think that he may not go into MOU2 as the sale of the Moroccan assets are coming faster into view. . That my be holding him back.
This company is rapidly increasing in scale.
On pretty much every metric we are at the top of the value cycle as long as earnings don't get crushed. I believe with the AI threat, the area of the market we are working in, our expertise holds up better than other parts of the advertising industry.
This is a multi year story. On that level it feels like it's time to accumulate. The reward outweighs the risk on a long term cycle.
I hope SMS serves up a good short fry on the 28 th with his AI presentation.
Short term a bit of a kicker. Longer term more institutional interest means a more active price and since this is trading at less than eight times 2025 earnings we should see strong uplift.
The fact is most businesses on the public market do that. If you don't like that happening don't invest in shares it is a way to reward performance. Over the last eighteen months here share performance has been poor as there have been missteps so makes the issue more prominent.
These are addressed and if they follow through the re-rate upward should be very rewarding over the next eighteen months. We all make our own decisions. Personally I will take the risk as I see as much as a three to one reward for that risk from current levels.
They start reporting those margins the LSE and US companies will like this stock fine. If you think upside limited best you keep to the caravan and the slow lane we'll motor on well without you Caravan.