Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My estimate would be 29, but the portents are actually v good still with the CEO incentivised to get it to 1.25.
To be fair the company would be standing still without a further capital injection and the IIs obviously see a return to take the placing.
This will turn, not as quick as we would like, but l see a 2 bag by year end.
I'm averaging 0.36 here. Selling over the last year has cost me on knee jerk reactions. The RNS re placing is not ideal but if we look at MCAP v projected income from the Copper production plus the inhancements the placement money brings, OK maybe 0.50 is now the end of year target.
We have differing views but 30% return on year end is better than 0.01% in the Bank account and why we invest.
Yes AVCT may be about to print money, and we thought we would bag here, but... Let's get some perspective.
Has anyone seen the stoner on Utube talking about UFO? Alien Metals?
https://www.youtube.com/watch?v=-E3Tf07sHOM&feature=youtu.be
Erickm... Have you been drinking?
on all my watchlists consistently day after day, RMM and UFO are the knuckle draggers in the red while the rest of the mining sector powers ahead
Pretty sure someone on site referred to the lack of investor info and key date info from the company to manage our expectations for RNS release on updates.
I mailed the company and have just had a response from a VP. He simply refers to the accounts and advises guidance of 6.6k - 7.4k tonnes of Cu this year and 1.7k -2.0k ounces of gold. Given half of this copper is forward sold at the excellent hedge price, we will still have a similar amount to take a position on hedging likely at the end of Q1 . But.....no dates for updates, plenty of room for speculation.
All positive though
Theres a guy on twitter, chartist, believes this will hit 20p.
I've asked when he expects this to happen, no reply, then a day later, who asks, only Jordan Belfort!!!Same thing, wheres his evidence? I dont know whether to be pleased or concerned that he is watching RMM.
As you get more experienced in AIM, you recognise that good news is quickly followed by the MM shake which is a precursor to a share rocketing. HOLD TIGHT
Where's the takeover talk Oz?
I'm happy we are now north of 35