Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Have to say I'm a tad confuddled by these swings if it's based on bitcoin price.
As l see it fundamentally our miners are accumulating coin for our, let's say bank (irreverent to bitcoin, but...)
We have confirmed more miners arriving early etc to increase the power.
But those coins mined are now fixed assets til the next halfing and are worth a considerable amount regardless of this slight fluctuation and the company is undervalued by asset base and class.
So why the violent swings in tandem with the price??
have to say l watched Max Keiser in his interview with some doll l cant remember, and he has an axe to grind!! Alot of logic in what he says and its interesting to note its the peripherals he is using in his make up of the end year price. The failure and rebrand of the ECB was the best part....
By bitcoin... But, when are we expecting news on production updates other than the end of February? I would expect if they show an increase there'll be a push given faith in the new board.
Agree Munchbox, it's not very good. I often am disappointed by the offering and information available to potential investors for AIM companies. Good job.
That said I still am in here for 5m shares and believe when Biden does his inaugural speech at the end of the month we should see more money coming into commodities with a base on the green side of things. My interest is more the peripheral forces and this companies fundamentals.
GLA
Have we any idea when we will be getting a production report or indeed anything firming up the outgoing CEO view that they would be ramping up production in H2 2020?
I read Tobys profile on LinkedIn, a great deal of experience but we don't have much in outline strategy or communication from the company.
Certainly we can expect something in the next 3 mths but would rather something more "copper plated"?
MMs triggering limit orders and stop losses this morning shows there's demand for an order fill and accumulation at whatever shaky price they can get them at. Simply go in and remove them or you'll lose out even short term. Actually see it as a positive as there's demand from them.
Hmmmm probably break and hold thursday given its the old weekend close in effect
Remaining tight, could see 0.005 by NY
I just scrolled all the way back to TMTs post, past all the familiar GGP moniker, Hydro, Paddy, Tom, Jet and countless others which all seem familiar now.
I read TMTs beautifully crafted words about his Cheri to my Cheri and one thing that strikes me is that this year GGP has restored a bit of faith in humanity for me in the helpful words, mild humour and civility on this board. Not least the rallying to offer words of comfort to such prose from TMT.
Yes we all hope to gain significant reward from GGP, but as my daughter hugs my santa tummy, what's it all really worth?
I hope we all have a good Xmas, especially thoughts with TMT and his family, because that's all it's really about. Best wishes all.
ATB. J