Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
He said ‘baffled with where the SP is at given all the positive developments/news in recent months but that the sector itself had been really beaten down and liquidity is an issue so they’re trying to lift that and it looks like was a significant seller so all that has probably contributed to the move in the SP significantly in a short space of time’
Well I spoke with Head of Investor Relations yesterday and am keeping the faith along with a number of others looking at the significant bits that've gone through today. I topped up towards close yesterday at 28.72p and got more dry powder to throw at it when she blows!!! GLA
Https://apple.news/Ah9TLqejNR4SLqrZmIDEQPg
‘The new investment includes a 9.7 billion pound injection over ten years from South Korea's Sovereign Wealth Fund into renewable energy and green infrastructure projects in Britain, Britain's Department for Business and Trade said in a statement.’
Wow, did not think we’d be seeing 34p again ☹️ I’m buying more at 32p but come on IES, got to be some significant news of some sort soon. Would like an update on Project Mistral/the JV with Siemens Energy please
Https://financialpost.com/pmn/business-pmn/eqt-buys-battery-storage-firm-statera-in-500-million-deal
Siemens Gamesa/Energy in a right mess and the latter’s shares getting smashed today after reports they’re looking for billions in Government backed securities. Think this maybe why we’ve trended down quite significantly and alongside Siemens Energy recently on negative news from IES directly. Is a bit worrying and a lot of uncertainty at this time but if Siemens Energy gets the backing it’s seeking then things should recover but may all take some time