Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Strong Buy CGH
Why?
5% dilution on this tiny raise
45% of raise was Chairmans Working Capital Facility being converted to shares, so debt of $5m reduced to $4.1m that he provided very recently
Sticky hands
Tight Float
NEWS of a deal at 15-20p range for $150m takes this to 13p on OPEN
Thats a potential GAP UP and run!
Absolute joke why we are here.
Brokers stock and flippers pretty much will be gone soon enough.
6p or 16p
Ill go for 16p
Sells and Buys will be all over the place including placement takers as noted on the interview 15-20 took a stake Id say average of £50-100K each so these are all flippers.
However unlike other Placements with AIM listed stocks the percentage of a placing here was a meagre 5% of the market capitalisation value and alot of people have failed to note this.
Chairmans converted debt to equity of 13.3m is UNLIKELY to be sold in my opinion so that leaves 21m
Those on Twitter I suspect are Placement particpants as well.
Again just 5% dilution warranted a 19% drop but the conventional pattern post raises is news driven movements.
I am hopeful a deal is announced before the end of Dec 2023 and paperwork completed by end March 2024.
It could be off the back of that the stock looks like hitting 16p again.
When deal was announced that I now doubt will be the old interested party stock rocketed to 16p from 7p low.
So here we have a 5p placing so odds are favourable of 15p at least then depending on deal valuation.
Anyone selling for 10-38% will miss out on the 61.8% to 161.8% rip giving the 14p region.
ALL IMHO DYOR
Explains easy movement of stock here in CGH
Expecting 20p for sure Daisan due to cash levels and no decent value extra added to market cap
Post Deal 20p
Https://twitter.com/zopelyforver/status/1658944575044452359
This stock mimicked every classic SHORT LIKE ASC and THG today intraday
Constant hitting on ASK and no real sellers apart from large parcels
This stock is illiquid with plenty of players in here...
Today was a gift to the ACCUMULATORS as we were 10.65p pre Suspension got the lift to 16p but very short lived.
Await the Preliminary Investment Agreement due this month.
That signed? Gives us 16p again.
Post Investment gives us 20p in alignment with new Investor with £200m cash!
This is being noticed across the Pond
Todays Open and then the main target of 30p...
Should be 17p TODAY Alone
Being Played
Https://twitter.com/zopelyforver/status/1658749077817835521
Mercuria Energy Trading SA funded Angus Energy and are not there to destroy a company.
They supported ANGS very well.
VAST shall follow same path of support, doubters are short sellers PERIOD.
Have a look at the funding from them for ANGS.
They will await the Diamonds or have seen proof potentially IMO Diamonds are Forever
Meanwhile as CEO has confirmed we don't the diamonds as alot of projects finally coming online after shareholders funding them over the years
Soon
With diamonds? 3.30p
HTTPS://twitter.com/zopelyforver/status/1657687384216027136
VAST re-rate looks likely if projects Breakeven and of course Historic diamonds are returned.
Monday is an opportunity... Open 0.57p or 87p
Place your bets
I'll be looking for 1.1p+ region
HTTPS://twitter.com/zopelyforver/status/1657294315549339648
Buy Follow Gold
The Puzzle piece slots into the Financing Deal for 1p
Thats a decent beast of a rerate from 0.35p levels
Accumulate, Add or Hold for GAINS
Https://twitter.com/zopelyforver/status/1654070997144817665
Ignoring the haters.
Flying Gold Prices
Wow
HTTPS://twitter.com/zopelyforver/status/1654008327456563203
BUY for me whilst Brokers and a seller hit the books via shorting
Lots assume I dont hold the stock - they are incorrect
1.25p+
Look at LBE on a deal!
Https://twitter.com/zopelyforver/status/1650971332119523328
Absolutely massive upside
I pressed the CEO to deal with CHAIRMAN, Prospectus and Mill End, CLNs etc
We are at that point with high gold prices perversely helping us out when we DESPERATELY needed it
Sort out the last remaining items for me, Governance done in my opinion as a Chairman wouldn't take on a negative position... I most certainly wouldn't anyway
Here is my buy case for 1.25p
HTTPS://twitter.com/zopelyforver/status/1650971332119523328
Huge news
Copper find
HTTPS://twitter.com/zopelyforver/status/1651831530874978304
Strong Buy for me
Tym
HTTPS://twitter.com/zopelyforver/status/1651191892539785219
Im happy with my initial 22.5m Thanks
Https://twitter.com/zopelyforver/status/1651191892539785219
Im BUYING
Going in larger here :)
Bags AWAITING
Https://twitter.com/zopelyforver/status/1651191892539785219
I'm in
Liking the bullish uptrend and potential re-rate
HTTPS://twitter.com/zopelyforver/status/1651149738463338499