Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
£5billion company yet our round as had no mail for over a week , definatwly a company focusing on their parcels yet they are so much better parcel companies. Got the letter monopoly yet throwing it away im
Removing this from my sipp im out .
Yes its only i drop in the ocean and wont make a bit of difference but least ill feel better .
You didnt invest in a ramped up stock, if you believed it was ramped up and still invested then you are a fool. Yes we have had major dilution which will affect sp but im sure when you invested you looked at mcap at put a price on it , now at 20mil if you still believe in the mcap when originally invested you should recover some of your losses. But it will take time . Although still a chance everything will fail
I want to be just like testpack3 , early morning runs and swims , live near a beautiful beach where i could only dream of going on holiday. And not to forget the geographical knowledge he has.
Have a re read of your message mate. You sound silly
I understand you cant fully price it in but we know they are going to convert and this will not come at a shock to many , yes we will be guessing at the conversion price.
Im reckoning the average of the 8mil will be around 2-3p thats my guess my estimate . Ive worked out how many shares i think will be issued and total amount. The major factor is when mint will convert will they slow down or speed up. I do expect it to go down with every conversion but not by 20% per 900k
People should be pricing the further 8m conversion in . We know they are going to be converted . Yes we don't know the price . But if your invested thinking that there is not going to be another conversion then leave now . Also the other 8mil will not all be converted at 1p im thinking average of 2-3p but im hopeful .
George has 150000 shares , plenty of time on his hands , upset thats sp is so low and is using the board to vent .
I just think that if he truly believed at 4.4 that share will go down to 2p then he should of sold up and doubled his holding.
Especially if he thinks it might come good in 5 years.
But i agree comedy gold
tuan at the moment the risk is that 925mil extra shares could come to market . This is assuming hemo don't drawdown again and that mint convert the rest at 1p .
So around 1.4billion shares putting an mcap of around 14mil per 1p SP