Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Another 1 million trade just popped up for today, defo MM-MM stuff because its off book and not affecting the price. Just waiting on the Holdings RNS to come, I think its got to be Damille- transferring. Not sure and dont really care in any case, just want something to happen here, its been dead for a long time.
Navitas seems the likely patch if nobody else is interested. However like I have always said, when one starts- others will follow and I think the FI will be the new North Sea for a while at least. But as have all been moaning, this lousy board need to ge it over the line before we are diluted to nothing. If they offset their salaries for shares, I would have much more respect.
Well if the S hit the fan, we could as shareholders sack the board, eliminate all costs and hand it over to a third party for a percentage. The board to date have failed unless they know something that we don't, we could reach out to other holders.......... SACK THE BOARD. SACK THE BOARD SACK THE BOARD- could be a theme?
Yep agree 2024 or later... ( well I will still continue to gather more of Darwin like I did today) but that's the asset and not the board.
I personally think this dog will bark and for me I continue to accumulate............. although it would nice to see a bit of news
Page, you are talking some dollocks of late, all that's happening right now is somebody is selling at 2p and some are buying at 2p- there is no buying pressure- only a bit of selling which is gradually getting lapped up which is why we are .....still bloody 2p. Board know they need to deliver otherwise they get sacked, Darwin is owned by all stakeholders and not just them- in fact they are the minority.
Yes the big trades were off book, pre arranged deal between 2 entities. Radio silence has been going on here for a long time so lets hope there's an announcement soon, even if its an announcement to say no new news- would just be nice to hear something from our highly paid board.
Page, I don't understand what you mean? All buys today were on the " open market ", I could have bought 200k-1 million at 2p myself. So there's a seller selling at 2p for whatever reason., the other large trades of the past couple of days will need to be declared if they are an addition by someone, but on their own they are not enough to issue a RNS (same maybe for the seller also)
Hi Phil, it's a bit like owning a box of valuable treasure without having a key and the only way in is doing a deal with the locksmith. Looking at RKH/Navitas doing well and likely to start production, others will follow and Darwin will get developed so its a hold here for me. I am a firm believer in exploration will stop way before discoveries are mothballed, why? Because it just makes sense, why spend millions/billions hoping when you can reap a harvest that's already there.
They are either transferring to their other entity for (end of year financial reasons) and transfer back again in April or selling to another MM. Or it's another MM doing it, either way the size of the trades point to MM-MM stuff. However the selling MM is happy to sell to all and sundry at 2p, so getting out. This stock has been fixed at this price location for a long time and for a reason, normal offloading is done via a succession of pump and dumps so the lack of this for me- is the only positive here.
Holdings RNS will be here as soon as they have finished. One MM selling out by the looks of it- Damille I suspect as they are the only ones to my knowledge who bought in considerably lower than 2p - so a nice profit for them. We will soon find out.
Page, the bid and ask are all manufactured to suit the big transfers like it has been for a while. It's easy for them in a very very low volume market like BOR. Basically its one out and one in/accumulating, same S different day. RNS tomorrow or day after for holdings.
It's the only reason why the price is where it is, off book and pre arranged selling (dirty deals). The only issue is, they drag the rest of the book down with them, if the dealing is done then expect a big ping back up.