Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So 6p is already quite a lot of optimism baked in given what we already know.
For 6p to become a new base, we need to see strong future predictions and profit, together with new product line details.
It's hard to call, although the world is moving online, EVE was always there anyway. They just need to sort out the business model.
Not sure de ramping is possible here(!)
The SP should be the same in U.K. and Poland. Just scarcity causing a price rise in Warsaw - fewer of them and no seller.
Price will have to come together again at some point, just can’t tell when. Results soon though might reverse this silly slide.
There will be both investors and trading watching this SP closely, hoping to jump on once the selling stops. The rise to sensible valuation is quite likely to be quick IMO. Gas and oil prices continue to rise, and this company is (I may have mentioned already) a debt free producer.
I wondered about TO and how they’d price any potential offer given the SP disparity - is that calculated by mkt cap in each added together / shares issued? Or would thé offer match the Warsaw SP... ever hopeful!
Interesting that IG don't offer trading accounts in Poland, so that market isn't as susceptible to the recent changes in margin requirements. Could that mean that Warsaw is trading more 'normally' than the UK at the moment?
Hypothetically, does this mean there are some traders shorting stocks on that IG list know that there are forced sellers too?
After Today, or within the next 30days set by IG for automatically closing positions, there could be shorts closing once the price has been artificially dropped too??
Ever had that feeling the govt is going to run short on vaccines, just after the local elections, and might need to pick and choose who gets a jab before lifting restrictions....?
drill came in under budget too. This company is on an uptrend now, the catalyst for interest coming next month with the FY results and trading update. Gas and oil prices on the up too. Bright investment future here. Just sit back and wait for SP to rise and meet Poland somewhere in the middle.
the market is slow to catch on - perennial problem for the shareholders that are first to see the value, you buy... wait.. wonder if you've done the right thing... then eventually everyone else shows up.
FY 2020 Earnings released on the 26th March - so only 1 month away.
With the increases in production, increases in oil and gas prices and an economy perhaps on the rebound.... we could see some more interest in the London market and begin to get closer the SP in Poland. All the signs are positive here. Just have to wait for whoever is selling in London to stop it!