Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Its funny how different investors view this and this is what makes markets.
They have both increased their % holdings in the company.
The only thing they have done is sell circa 30% to fund the other 70% of shares they they have stated they are holding. This gives them a risk free % of shares.
As an investor would you top slice to average down your risk?
Every person in their right mind would do and have done exactly the same thing. They have control over the company - NOT its share price. They are making all the right moves and are a professional outfit when you compare them to the other snakes on AIM.
ANANDA DEVELOPMENTS PLC
("Ananda" or the "Company")
Grant of Home Office Licence
The Directors of Ananda announce the following progress regarding Ananda's
vision to become a significant participant in the emerging medicinal cannabis
sector:
HIGHLIGHTS
* DJT Plants Limited ("DJT Plants") has been granted a licence to grow >0.2%
THC cannabis for research activities by the UK Government Home Office (the
"Licence").
* The build out of DJT Plants' research facility to breed and stabilise 65
strains of cannabis will commence immediately, utilising the funds raised
by the Company in March 2021.
* DJT Plants is a wholly owned subsidiary of DJT Group Limited ("DJT Group"),
which is owned as to 50% by Ananda's wholly owned subsidiary, Tiamat
Agriculture Limited, and as to 50% by Anglia Salads Limited ("Anglia
Salads").
Background
On 14 October 2019, DJT Plants submitted its application for a licence to grow
>0.2% THC cannabis for research purposes pursuant to the Misuse of Drugs Act
1971. Following submission of the application, DJT Plants and its advisers have
been in a dialogue with the Home Office, local police and the MHRA, amongst
others. The regulations around COVID-19 caused a year's delay in Home Office
representatives being able to visit the proposed site of the research
activities. When regulations allowed, representatives of the Home Office made a
visit to proposed locations on 17 March 2021. DJT Plants received its Licence
on 17 May 2021.
Anglia Salads and DJT Plants both held UK Home Office licences to grow >0.2%
THC cannabis between 2014 and 2017. They successfully grew up to five hectares
of cannabis for GW Pharmaceuticals, in multi-chappelle structures in natural
season without any artificial heat or light.
The October 2019 licence application included DJT Plants' phased strategy to
become a significant participant in the emerging medicinal cannabis sector.
Phase One is the research phase for which the Licence has been granted. Phase
Two, which will be subject to further UK Home Office licensing, is to build out
commercial growing and extraction facilities, for some 40 hectares, at the same
location.
The Licence received on 17 May 2021 is to develop a broad range of cannabis
genotypes through a genetic stabilisation and field trials programme, with the
goal of growing these genotypes in the UK.
DJT Plants will produce a line of 65 stable genotypes through back crossing six
generations from a varied portfolio of 13 seeds that exhibit a range of THC/CBD
and other cannabinoid, terpene and flavonoid profiles. Those genotypes with
metabolic profiles relevant to various health indications which have shown to
be receptive to treatment with medical cannabis and for which NICE (the
National Institute for Clinical Excellence) has called for further research,
will also b
We new they had outstanding warrants, they decided to execute them. There paying for them by selling a portion. I and every other person on this board would do the same
There is nothing underhand going on and the fundamentals haven't changed
'You pay peanuts you get monkeys' i want them to pay themselves well. Maybe i will eat my words in the future but for now im happy with the progress
The patient will be handsomely rewarded here
I agree o2b. Patience is the key here. I have missed out on several well researched stock picks in my early days of investing by not being patient and selling out early
gw pahramcuticals, 50p keyword studios 100p, kr1 3p
Jamaica will be the rocket!
This will be a HUGE space. Im invested and putting my faith in the arb team, i do view this a speculative strong buy and i think anyone with a larger appetite for risk could make an absolute fortune here.
As far as im aware its the first company of its kind and with the US listing this could easily follow the likes of ARB, HIVE, RIOT in terms of price action etc even though we are dealing with a very different animal.
Good luck fellow investors!
At 1p when this first listed and saw it drop, obviously come back to life recently and topped up at 1.2 today
Still see this as a speculative play but now lock down is ending, if/once that license lands this will blow, seriously rocket!
I also believe there is something going on behind the scenes with URA holdings, watch this space
Newtraderley have a look at UOG (united oil & Gas), theyve just had a their forth successful drill in a row, are producing over 3000bopd and have a monster potential prospect with there Jamaican license and only 30m Mcap. These guys are all ex tullow andare building this into a mid teir the correct way. Fully funded so need to come back to the market for raises
Heck, oil will be around for years and with all the currency devaluation, especially the $, the price per barrel will likely increase.
There is no green energy source that comes close to oil in terms of its density. There is no green project that can be completed without oil, there is no EV processing that can be done fully without oil. It is still the black gold and will be for many years yet.Sure green energy will replace it but were along way off that yet.
Were in an everything bubble propped up by government spending and central bank printing and when the music finally stops its the real cash generating businesses with 0 to low debt that will still have their pants on.
UOG is very well positioned, turning a profit in the worst oil market.
The 200% increase is an approx from a close of 2.18p, 2nd nov . TA cant predict the future but if you can read price action its extremely powerful when used along side fundamentals.
We all know this has strong fundamentals but equally we've seen price previously not behaving as one might expect.
My analysis is what it is, i wouldn't be surprised if we pullback into the 4-4.30p area. If we do that is where i will be buying more
If we don't i have a large holding that i am happy with, average 3p. This is not a prediction its a possibility and i know AIM is a market that doesn't act rationally. My post was aimed at new investors and to preempt any talk of market manipulation if price pulls back
My views are my own, equally as my name may appear im invested in UOG and am not trading it