Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
only myself to blame for this. my good ppl, i strongly urge you to de-risk and balance your portfolio. offshore licenses are a whole new world of pain, require hundreds of millions in capex and in my view completely change the risk profile of LRL. I don't care how favourable the PSC turns out to be, one duster could easily jeopardize LRL as a going concern. This tea party isn't for me, I'm having visions of RIA all over again. I'm sorry for the negativity but I have to let go and sharing on this board is the only means I have. (I can't afford a shrink now and my gf would kill me if she learnt of this LOL). "I'm breaking up with you LRL, u're a b*tch and u ruined my life!!" ;) Truly hope it bounces for everybody and best of luck.
inverse head and shoulders has completed on chart. we could take the large buys as the final volume spike for breakout confirmation, but for the fact that the SP didn't budge...
buys totalling 8M is 2% of 400M free float chomped up recently. SP not budged an inch. i do like those buys though, they're portentous. PI appetite returning.
PA wouldn't have to delist from ASX due to no interest, if he just towed the line and RNS'ed out news OF interest. He's probably just delisting in order to get around the mandatory Aussie Board Member requirements for maintaining a listing on ASX. I'm selling Atherley Voodoo dolls for £20 each. Anybody interested? Might break even if I sell enough. If you'll excuse me now, I have to go check on the paint.
having read through the circular, the only new comment I'll add is that I think they won't be converting that loan any time soon. I think they happy to accrue interest and bide their time until HMB re-rates; which it will, looking at the charts. The short term indicators are looking very good. There no MM games here, tick up solely due to PI supply/demand in anticipation for next op update re u/g mine. My short term target here is 2.5p by year end. 3p will be a tough mental nut to crack. Bit the bullet and am in for 200K this morning. Now that I am again an active shareholder, just for the record and IMHO you guys have credited new management with the improved recovery rate, I take the view that those process improvements were already well under way or completed when TD was at the helm, Assay is only continuing this good work. It just took time for this to show. Assay's efforts in cost containment are laudable and the vision is compelling. Let's hope the recovery continues and the POG doesn't scupper this ship... it's doing funny things lately.
who the hell is hoovering these up so quickly? lol something going on in the background, watching with interest.
what hav we here? you've been tipping this from 3p on IPSA board way back when. well done to you for this coming right. classic value play, playing out, chuffed for you. considering if I should be a sheep :) but would it be to the slaughter? lol watching with interest. atb
Circulation they promised would be uploaded to site. Would like to glean if these ostensible 9M ounces can be mined profitably. Don't like all the debt, but that is just force of habit.timing is right to make gold purchases at current POG. Assay shrewd business man, but there are still too many what-ifs at tbis point in time. 2.5p spike, subsequent correction as well as stabilisation of sp indicates that there are still speculaters with deep pockets who have or want to take positions in hmb. Its still a wait for me, no fat on this pig yet... terry keep the faith for us so long :)
thankfully missed nothing, wake me up when flow tests are released. i will comment that spanking $5M this quarter for such pitiful progress does raise an eyebrow, not to mention hiring more bodies at this early stage, (even if they are well connected). In my mind's eye, Q1 is still the breakeven target according to the critical path.
they went fishing for stops but got piranhas instead. very strong resistance at 9.4p. At that price, I'll even have a nibble :) can't be long now.
i vote we just plug faucet on PA, we'd have all the gas in the world then lol.
http://uk.advfn.com/p.php?pid=chartscreenshot&u=Dxi5ia9JnYyxTsTTXZ6ypwcYBgLoP4IazoOawv8Yv94%3D i view all the spikes above the top band as speculation and ignore it. i believe the bands give me a true reflection of lrl value. going forward lrl won't be subject to such wild speculation for obvious reasons if u've followed the story up till now in any event. the fib will give u sell indicators in relation to the bands. 17p should be our ceiling depending on how bullish the RNS is. i don't want to contemplate bad news.
everyday now till RNS. wouldn't expect big sells as that's all left the building ages ago, but big buys or the lack thereof are very telling... either way we have to stick it out now, resigned myself to lockin till Q1 last month anyway, anything earlier will be a bonus and not ruling out moving on when I have more time for myself to research.
didn't see the RNS this morning. great news re new MWs. Not so great re TurboCare, £4.2M is an eye-popping sum for storage! I'd also be like "fuq u, sue me". How on earth are we going to get out of that one? Placing? :(
I am glad for you, the price has appreciated rapidly over the past few weeks, I hope you in the positive. Can you post a link to the presentation, I would like hear from the new man.
Sorry Bonum I don't follow you. They've just sold the only 2 reasons somebody might want to legitimately take the company over? Unless what you mean to say is that they intend to flog the dog and concentrate on S. America? Both equate to a disposal of SA assets, but there is probably a large difference in the final price the company will fetch for each scenario... Your theory does carry weight in that the turbine transfer between all the closely related companies was done at a discount. Can we please keep an eye out for any large dodgy trades signifying something is afoot in the next few months? Thanks.
OK, *chuckle* instead of *s_igger*. dumb filter :P
HMB making a recovery, somebody's got a bad case of the gold bug *s*******. they running out of cash at this POG. Fools and their gold are easily parted if you ask me.
oh goodie goodie goodie! IPSA coming out of it's stasis and the wheels are finally starting to turn...
IPSA is an unloved dog. I'm disappointed with the risk premium or lack thereof right now for this deal. However I do believe the price will drift higher gradually as certain milestones are achieved. First being 14th June for the issuance and then the trading statement in the upcoming weeks. I'm tired of seeing cash-generative, I want to see the keywords break-even in the upcoming RNS's or at the very least new customer sign-ups. 2K traded on ALT-X yesterday - *bitter laugh* ;) Value still locked down tight - bleh.