Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Corporate Presentations can serve many purposes - including updating shareholders, advising potential institutional investors, even to show the banks what the company strategy is - and that the management are 'on the ball' in providing updated versions of this document.
Not sure how they measure momentum, but GGP share price certainly has been missing that in a positive direction for the past 6 month period.
Past performance is no guarantee of future performance - works both ways.
'The Index uses a transparent, rules-based methodology that is designed to emphasize junior gold stocks with market capitalization between $200 million and $2 billion. The Index emphasizes junior gold producers with the strongest revenue growth and junior exploration companies with the strongest stock price momentum. The Index is reconstituted on a semi-annual basis, in November and May, to incorporate the latest factor scores into the selection and weighting process.'
Magic
Exactly the correct balanced approach.
There is no immediate hint or rationale stating another placing is imminent, and there is every chance that one will not be required.
BUT... you never can say with absolute certainty.
However, that indicates that should a placing be required to fund the start of mining, it ought to be modest - IF required.
IMHO
With all of this talk of falling share price, short-selling, buying on the dips, macro economic situation, improved drilling results, where is the breaking point for the share price?
Or maybe, where is the BRAKING point for the decline in share price?
The lower the price gets, logically the less room for wriggle there is for further decline.
Surely we are now at a point where the price is so low that those in the know with cash are buying, those on the side-lines must be tempted to buy, so what do the short sellers think they can now gain? Surely there is a point at which the price cannot be squeezed any further - or at least not easily.
IMHO...
It is not always greed that drives individual actions in the stock market.
Sometimes sentimentality takes over.
Often, it is just wanting to receive full value and not let go of a shareholding at a price which is perceived to be under value.
Some have said they want to see the share paying dividends, if that becomes a possibility.
There is no 'one size fits all' solution to the question of why people buy and sell when they do.
The most logical explanation would be that the unit cost of extraction has increased - but then we expect there to be economies of scale and block caving advantages!
Canary3
Nice sentiment, and of course that remains a possibility.
SD seems a little more resigned to the probability of arbitration now. Of course, there could be some brinksmanship at play, and SB will equally try to make things appear as though he is driving the outcome that he wants.
Bank Funding - looks to me from this interview that their may well be a syndicate of say 3 banks? That would suggest funding north of USD50m, all IMHO.
SD mentioned the asset should be quite appealing to financiers on the basis of its longevity in delivering value.
Interesting link - is that all of FIFTY dishwasher products in production! ..and a long list of ingredients for most of them.
Nappies comments look to be illustrating just how influential ITX could potentially be in this space. Are there competitors in this space using 'green' components? Even if there are, the marketplace for the ever growing list of uses is huge and therefore so are the prospects for ITX, IMO.