Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just received an email that states
ON APRIL 23RD MMX’S GREAT RELEASE WILL MOVE OVER 725,000 PREMIUM NAMES TO STANDARD PRICE WITH AN ESTIBOT VALUE OF $80M.
YOU CAN VIEW THE NAMES AT MMX.CO/THE-GREAT-RELEASE
Looks like a slightly different tact
Agree with your comments. This has always been a bit of a yo yo share. I have been in since pre .london boom. I had hoped that ~7p day were behind us. At the end of the day we are in a stronger financial position with the purchase of the new company.
Whilst it was disappointing that this was not sold making us all lots of money. The acquisition of a profitable company to add to mmx revenue stream will only make this more appealing when this is finally sold. Put this share back in a drawer and forget about it until that day happens, maybe 2, 5 or 10 years down the road. My shares are in a sipp and I have a few years till I have to retire.
Do people think that the reason that no new mmx gtlds have been launched is to try and strengthen our perceived value to a prospective buyer? For example it’s easier for mmx to speculate how much Chinese shopping will be worth using vip as a yardstick, when it’s has not been launched to prove or disprove this value.
I do not expect the price to increase as we have had figures for the quarters performances already. I hope that I am wrong. I feel that next years will be more interesting after we have had some more ruby auctions.
http://ukzambians.co.uk/home/2014/08/05/kagem-opens-fifth-lusaka-emerald-auction/ Not sure how reliable the UK Zambians is but this backs up what ericeric is saying.