Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
How cynical of you Puggey! I haven't bought today but have been holding for a few months now. Just been the pattern recently of it dropping from 12.5 to 10 then back up again. Seems a few traders making a quick buck.
Can see this rising a fair bit in next few days, false drop on low volume.
Jjfluter confirmed earlier this was a BUY by him.
SGD I think it�s a bargain still at these prices! I first bought in at .2 after dithering at .1 which broke my heart. I think anything under .17 at this stage is begging to be bought into. I�m still astounded at how low the market cap is. Once we get the first contract RNS� out I think this will fly.
Jjfluter your trade came through - very random amount hah! Not sure why they put them through as a sell.
Staggered that I'm about to buy more at 0.14. Just added 2 million shares to my holding.
Looking forward to seeing this grow over the coming months. Be interesting to see how high this can go.
Agreed with Puggey here. The govt would have a due diligence process to ensure they are properly funded and able to complete the services - especially in the wake of Carillion. I'd envisage a certain amount of the �22Million being paid up front.
MWG have no debt and �1.5M in the bank with no funding issues so bizarre comparison!
Massively oversold from here today. To reiterate - £22M contract to a company that at current levels has a market cap less than £13M! This is one contract and they are working on more in India and China. The fact that they've secured a govt contract means they could be in line for more. The only way is UP from here!
At anyone selling below 30p. Given where it was on the potential of this deal before and the fact we now have it, why would you want to dispose of your shares? From here there is a real chance of multi bagging.
Strange comments above based on the fact this hasn't fallen back from any 'spike'. The SP looks incredibly cheap based on your contract value compared to the market cap.
It shouldn't be a shock that people are investing today with no background in this share, but that doesn't mean they can't be excited by what it has to offer. Based on the fact it has a huge contract relative to the current market cap and based on the previous market cap when this was only speculated it's not much of a jump to expect this to increase to the 30p levels again. That isn't ramping, that's being realistic!
Shake over, chance to have a go at 20p
What do we think this could hit based on the £22M target? If that's only one and revenues are above that are we talking a £100M+ market cap potential?
Small retrace for the profit takers which is perfectly normal. Great time to get some more. This truly looks like an amazing potential.
I can see this being another PYC multibagger. Contract value of £22M with only a £15M market cap at 15p a share? Clearly means this has room to at least double of not triple from here! Excited!
But artificial rise based on very low volume. If you look at the pattern over the last few weeks low volumes are allowing this to rise significantly one day then gradually drop until the process repeats. Be careful!
Surprised by the fall. The fundamentals are there with this share. Very low market cap based on the potential revenues
The market cap is so low. With the financial opportunity on offer here this is set to rise significantly.