Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Let's see what GR's next RNS comes out with.
Realistically, if there is a JV 1p could be at any time given enough momentum.
However, if PREM go it alone, it wouldn't be a surprise if there's another consolidation to raise funds or the DFS never to comes to fruition at all.
Just gonna hold this one in the hope it's managed well. Big risk, but big reward should it come off.
GR really messed things up with that RNS. Who knows, maybe he's playing hardball and it'll pay off.
Going it alone means it'll be a very long hold to get back to the .4 we hit last week, and we know how things have gone for PREM in previous operations.
"117k at 0.086 I'm leaving this for a year and see where it gets. Think people just panic as soon as they see red and run for the hills."
Easy to say when you're in the blue.
The RNS is concerning, hopefully just badly worded.
No, just a simple update advising how negotiations are going RE the JV he proposed on the weekend and the price would have stabilised.
Instead, he's warning of consolidation yet again.
I'm unsure what his play is here, this RNS was only resulting in a reduction in SP.