Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Unfortunately, ramping and baseless spikes do not replace previously confirmed details from company RNS releases. There is very limited revenue, delayed projects, financial uncertainty, BODs paid in shares, and severe cost cutting, in my opinion say, this is a STRONG SELL....
Volume since the last placing has been absolutely non-existent. There has been a 10% rise and its been sold into like was previously mentioned. IMO there are 30 million or so placing shares left in circulation so the dump has just started. Questions that should be asked, why are investors dumping if this is such a good investment? Why has the volume been zero in the last month? finally, why would anyone buy these shares with such a large amount of placing shares in the background?
The answer to all 3 is simple, this share is a massive risk and they are desperately trying to find some form of revenue to keep afloat. IMHO....DYOR...
No it wont DNP, there is a funding raise soon and you most probably bought at the worst time possible. RUA is flying (the one you sold) and GDR is tanking (the one you just bought).... trader extraordinaire