Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It won't. Time to put this back in the drawer for another 3 months.
While it is not the Holy Grail exactly the news yesterday is significant and positive IMO and does differ from previous utterances. The primary differences.
1. The principle of a proposed transaction has been agreed VERSUS Ongoing settlement negotiations which got to the framework stage before breaking down in Feb 2018
2. A turnaround time has been given for the transaction to take place
3. The NPV has increased greatly
If points 1 and 2 are to be disregarded as "nothing concrete" which is reasonable for some people to say but I'm optimistic myself. Then based on the NPV news alone, the share should be sitting comfortably at just above 2p anyway which is where it looks to be settling for now.
Been here 7-8 years FWIW.
Been here a few years. Bought in at round 2.70 before the share consolidation. This has been a long wait. l don't mind where out goes once it's north if 7.00 which was a my initial target for exiting. This stock has taught me patience so I might sit a little longer :)
@Dinoman
Hard to believe, that would be a 3 year high...
I've been here too long : /
The previous Holdings RNS states that he only crossed the notification threshold on 1st Nov 2017 so it's pretty much a year to the day.
He had a 3.6% holding.
All I'll bet is that it will before any Court ruling comes. Aren't they on winter recess now. I'm of the firm belief now that he will sign. For a man of his advancing years surely the longer it draws out the less time there is for him to enjoy the spoils. You would also think that would leave him in a weaker negotiating position as a "wait and see approach" could kill him. But then again some of the most stubborn people I've met have been in their twilight years. Unless he's more concerned about his legacy and who inherits his assets then he really should be acting post haste.
Today's volume is ridiculous so far. There's interest here now that's for sure. That RNS is due. But when is it coming? Who knows. The volume spike looks to be driven by sentiment mostly No whispers of a leak or the deal being finally struck that I can see. PS: I'll be able to break even by the end of the day if the momentum keeps going but I was always and will continue to hold for a resolution.
Is a speeding ticket due? This also looks like exceptional volume even compared to recent spikes. I'm surprised how quiet this board is.
Woe! If so, How do you know? Joe
Well we're through the long term resistance level as we speak. Lets see if it holds. Twitter pumping has also kicked off again too
Fingers crossed for all holders on the Path for a good result before Christmas "The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men." :)
Christmas 2015 - Oxus GOld :( Christmas 2016 - Churchill Mining :( Christmas 2017 - Pathfinder ...
Here we go with the battle at 1.30 again. Gerrup and stay up.
The last peak was at 1.41. Lets see if we can surpass that today. It's knocking Baby steps.
It's got my attention. So much for a productive afternoon. Hopefully the General has signed and all can move on to talking about the licence and realising some production.
I need this to hit around 2.9 to be break even for me. Wishing I had averaged down but never had the loose change to. Hoping for much higher obviously. Technically speaking, around the 1.30 mark has been a resistance price since the share split a couple of years ago. We broke over it just the once for one day. So I won't be getting excited until we have a sustained break over 1.30. GLA
Been here a while so forgive my cynicism. We've had our pump on the back of what looks like a positive RNS. Looks like there's been a willing seller for the added volume this morning. The share price rise hit a ceiling fairly quickly. Very similar to previous P&Ds. Of course the best result of all would be for the courts to do their job in a time efficient manner and leave the General with zip. I'll remain hopeful. An update stating the talks collapsed would have been catastrophic for example. Plus a bird in the hand and all that.
The problem has always been production. Lets see them get it out of the ground in a consistent and profitable manner. It's good news but production numbers when next reported are still expected to fall until new wells are brought online. Big sigh of relief with the RNS though. A break from tradition too in that they are reporting the drilling completion. Previously they've bundled drill completion and initial flow rates into the one new feed. So now we wait with anticipation to see it flow.
Google finance hasn't updated any aim listed stock prices since June 16. The same with yahoo finance so I suspect the issue lies with wherever they're sourcing their realtime data. It's a pity as it's what I sue for my realtime prices. Any other free sources?
Twitter hasn't been inundated with rampers like happened with previous P&Ds.