Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thread title was doomed ?? Unless you have a fact to back up doomed the. Why so negative SP has moved down but had a few times sentiment driven. Plus it wasn’t just the doomed thread just the board in general lots of post knocking it down when I’m invested I try to see the good, if I can’t id sell up and move on and forget about 88e simple.
Well no you don’t , your first paragraph is wrong I didn’t read the rest. Duster would mean no oil dry duster. We know there is oil down there, the flow was to test the amount of hydrocarbon make up to asses for someone else to draw the oil out. From the last RNS we had enough data to make a educated assessment, the reason it was disappointing was we never flowed to achieve the 30% in time so the team took a assement and left the info they had which was sufficient. I guess they done this to save time and money. What I would like to know what are they all doing now? We know negotiations on farmout or accusitioning towards one but we would like a update to nudge our minds on to our play.
The only reason I would say although this will sound rampy is that it could be sensitive to farmout partner, but that’s a big if and maybe. I guess if I was the farmout partner I would want to keep it all under wraps until the ink is dry.
So weird you mentioned the wife’s car as that’s part of my slice reason, maybe I should spend it on something more exciting. 6p would be a decent level I’m waiting for 3-4p as we have been there on rumours really, but then I might only slice a bit, but it all does depend on news if we get a stinking RNS we could see the highs we all went in for I will see how it looks between now and Jan 19. I will always keep some for the end game be it 0p or £1
I’m pretty sure I would have remembered someone grabbing .27p but who knows, I remember a lot were u see my entry of 0.60-0.70p seems like a long time ago now. I have called 4p thought three times so far on the intra but never used this like a trading share maybe I should have but always that thought in my head this might pop and go big, gut felling might never happen but this is why I haven’t sold since my initial slice ages ago and actually added back haha , I do wish it wasn’t on asx too as waking up checking the share isn’t healthy but is what it is, I’m sure dave will want this to be big for his time and efforts.
I’ve held the one you refer to and still do a little a lot In here proberbly do, this is still my more confident one as less yellow tape needed in Alaska the protecting side is a real issue. Not to knock anything though still solid just 88e feels stronger long term.
Why the bump up on this one? RNS expected
.27p haha I cant even see a low of 0.27p!! Strange behaviour these boards at times, if you look at the more popular shares for the day its just mental ramping or de-ramping but in a idiot form, someone defiantly left the barn gate open at times. I think they will be back here soon enough.
Blues are starting to come I'm confident with sentiment and interest in this share we would be a lot lot higher, time needed I guess.
Do are people keep posing sub 1p then DOYR, I think its the other way around we had a sell off, as impatience and revisited the shut in sub 1p.
So if we do as you ask DYOR -
So we know first 3d results were due around mid year so they are expected soon.
We know the last RNS mentioned a strong sign of farm out and that the test results were enough to establish the predictable well hydrocarbon makeup, again I would expect more info in due course.
We will be building up to this Jan 19 drill, RNS should start with this soon ish too Jan isn't far away now.
With those 3 above points DYOR points its upwards trend from here? If we look at the price action price should rally up as it has if we follow chart trend. I say strong buy if you like risk / reward ratio but that's the case with a lot if not all penny shares.
I know I don't even want to add up the hindsight trading, I have had gut feelings when to slice. But I always worry about missing the boat on the big one if that ever comes. I wouldn't say greedy but want a lot for the risk I guess 4p was my first slice but held much less then, I will slice again sometime ahhaha when though and if I actually do it is the question. I must admit the added large drill prospect income in Jan makes this seem a safer bet in my mind anyways.
I think our outlook is the same, I think my 90% might sounds worse but I don't hold many shares anymore so in reality its not as bad is it sounds. I used to spreadbet more through IG but with the rules changing ive started holding physical shares which 88e I pretty much have always held the actual stock. I will stick with my cica 1m shares for now I would love to add more but its a decent chunk of coin already for me so we will see.
I know and I agree with you, don't get me wrong I don't hold a large portfolio money wise at all its all relatively small. I have sliced in the past when we first hit 4p in 2016? A lot/most of mine is profit so risk reward is less I guess but seeing my 1m holding at 2.8p to todays 1.20p its still not nice whichever way you look at it.
I was looking to move some profit out 75% off around 3.5-4p again this summer but as we know price dropped fairly aggressive and oversold imo which is why I help on and bought dips. Im confident it will come back maybe late summer or so but we will see.
I will balance my portolio later on but not now, or to be honest I will most likely pull some money out to buy somehting which will be a worse investment than here haha but what can you do. I will always keep something for the end game maybe 100-300k shares and what will be will be.
If you look at my post history all my investments are high risk, but high reward it depends on your appertite for what you want really. I always try and stay transparent so this is where I am, and do read good news to come be it farm out, farm in HRZ, drilling , 3d etc etc.
Funny 3 years ago my small £500 share punt at .70p grew to 1million share holding not sure what that says but we will see.