Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some twaddle getting spoke here, we have the discovery of the century and the whole world desperately needs us to get it out of the ground fast - so for that reason I very much doubt HE1 will be doing it on their own because they’ll be either taken over, or a JV with a major will materialise very shortly, if they do decide to go it alone a 2p placing would be swallowed up alive, as it then provides certainty a direct route to massive monetisation of the asset without others taken a slice
This discovery is beyond enormous comparing it to gold or diamonds is like comparing premier league to league 2 !
DYOR
Presuming the majority of wise investors / traders have now derisked and banked at least 50% profit from the lows theres going to be one hell of a lot money getting tipped back into this stock if commercial quantities are indeed confirmed
I was in the original Mayan / Attis group who were part parcel of the reverse switch from US Oil / Gas to Helium exploration, the vision was the last and best hope to make former Mayan and Northcote holders whole again, after the initial switch and rise to 26p (£120 mil m cap) in 2020 / 2021
A good few of us achieved this - but unfortunately the majority sold at 10 to 12p £50 mil cap as that itself seemed a brilliant salvage result at the time
Hopefully some of the originals at least bought back in on the last ditch placing, or at least got back in now it’s settled as the chances of finally striking the jackpot seem very promising - and even if the expected results arnt quite as good as expected the fact remains that they are now very very close to the sweet spot, and it may just be a case of one more drill needed to hit the monster !
GLA
Yeah that’s weird I can’t buy ii either - but can sell 500k no problem at 1.22 - my Halifax BOS platform can by not problem there and taken several blocks around 1.25
Just HE1 money coming back in - should move back up now to at least 1.40
Yes bounced off 1.40 / 1.50!support several times now - looks like this the new bottom
There was a period today when such a large quantity could have been sold at that price, but balance of probability it was most likely the delayed print buy earlier in the day that spiked the SP causing many including myself to grab some profits and run 🏃 So if the monies in the bank RNS pops up tomorrow I’ll be well and truly bowled out to some high order and be scrambling to get back in - if I’m lucky under 1p 🤦♂️
Good luck to the men of steel who held !
Good pump Earl 🤣 In fairness it shouldn’t need it and you shouldn’t have been getting in today sub 20p but it is what is
Current mcap 30m - .Cash £20m and net assets £6.5m and also sanofi milestone payment imminent
Plus if AZ don’t buy them out more partnershiips to come with majors ?
They wouldn’t have bothered tweeting the following this morning if the deal was off https://x.com/mastplc/status/1737722065103593922?s=46
For me this was an unofficial thumbs up it’s coming signal, potential massive gains with very low downside risk from this level
DYOR
If the deal was off - or in any doubt they would have 100 % definitely RNS’d it this morning, with information about the revised deal with the new JV partner.
So for me the current deal is definitely still on, just a case of dotting the i and crossing the T, RNS confirmation ought to be sometime today but could easily be after close or first 7am tomorrow
Anyone of a nervous nature should sell now or they could potentially lose 15 to 20% from current the SP
DYOR
With 2 boxes ticked t’s a done deal for me !
1. No RNS this morning - every other time the payments have failed after the deadline they’ve RNS
2. The Mast tweet this morning very compelling - why bother showboating the company if the deal was off ?
Could be wrong - but all all bodes well
Not really sure there is any difference Cando - If they are going to pay the 2 mil it’s a forgone conclusion they will be paying the other 3.9 mil and honouring the entirety of the deal
But yes plenty of opportunity for those on the sidelines to make big money here fast - so long as they get in below 1p they’ll make at least 100% - maybe up to 150% just on a day trade
Stock currently priced to fail, with at least 3 to 4 asset value, and massive potential
DYOR