Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi @Roleybirkin Out of interest what are your thoughts on the huge drop in SP today?
ha ha 9p buy my a*se? probably much higher! he doesnt understand the fundamentals he has the price of the product over 2.5 times the actual value and if he read the RNS would realise that the production costs are 20-25% of the turnover!. That being said this does look an interesting proposition at 9p BUT only once production is ramped up to 125 Tonnes per Month and that should give a pre tax profit of 12-15 Mil per year which is half the current Market Cap!
I like the fundamentals of the company, BUT the pumping of EarlofAim is laughable. I'm guess he bought high ;-) DYOR guys and follow the numbers. especially the price per Tonne of Vanadium Pentoxide! EoA is quoting $30000 in fact the current price is $6/lb so $13500 /Tonne! - estimate $7.50/lb
based on latest RNS of future production of 125 Tonnes per month that will give between $1.6M-$2M turnover per Month! with production costs of $431k per month for the same volumes!
Profit (pre Tax) will be $1.1- $1.6Million per month!!!
Hi Glyn, IMO you need a big dip to counteract the spread unless you are investing many £££'s. Better to sit and wait if you trust the shares you've invested in. I got in this share @14p when news of Haiveron first landed. I got in for a quick buck but soon realised it was on a spike. I nearly sold for a loss! but i did my research and trusted the share and i'm happy that the profit from this is covering my other shares I'm in
I fail to see why any of the recent news would cause today's drop ffs
@Mercedesman I did think that when I saw them come through. I only have a small amount invested really just £1k in this £1k in TSI and £500 in DMTR. Sold the rest at a profit but holding onto these for 1) i bought them higher than they are now 2) I seem those 3 really moving on decent news/results.
Hi GarryGraham, You seem to have been invested a long time and neither a ramper or worse for AIM a bitter de-ramper. My question is I am looking to Invest in BPC and have been following them a while but I can't get my head around what will happen to the SP if the merger goes ahead. Would it see an initial drop towards CERP price or would CERP rise towards BPC? I'm not really a seasoned trader i just like small OIL companies such as BPC, Premier when they were small, rockhopper and BOIL. and held shares in them all at some point i'm just at a loss with what is expected to happen post merger.
weird i can sell all 250000 of mine! get a new broker
All hi effort finally making us profit ;-). To be fair if he keeps going on about a 200% rise he's bound to be right one day.