Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agree totally. Anyone sitting on the side lines thinking "I have missed the boat".. then think again.
There maybe the odd drop/worry/panic (I nearly sold today for example).. however it will keep rising until it's true value is found.. with most targeting 1p as a baseline to then work from.
EdwardsN - I will try jump in and support.
If you read the RNS released a short while ago (through the link above) - this will explain why VLRM is currently suspended (and that is the reason you are unable to sell).
Some really good insight Passiton..
my only question, and maybe linked to whay the SP has/is dropping, is when dates such as "by 2030" and " deadline of 2025/26 " are quoted - that "Sundagas, one day, will give Boil a big payday" may feel a very very long way off...
what am I missing? is there a lead up to get to those dates? e.g. they of course need to start drilling etc, therefore need to get on with things fairly quickly.
I had read somewhere something about a deadline being in the next few months? which is why people were expecting news fairly soon?
Makes total sense and hopefully noted by George and Co.
Surly they would have expected the market to have re-acted better to this morning's news.
We are all (mainly) in agreement, the news is really positive - however how it is set out via the RNS just doesn't read in a simple way that the market would understand (and I mainly mean PIs).
This is their wider press release on 6th Feb.
https://www.timorgap.com/newsroom/press-releases/sunrise-joint-venture-to-undertake-concept-select-with-a-strong-focus-on-delivery-of-gas-to-timor-leste/
Someone has sold £11k's worth this morning, so suspect it will be that. What with vert little trading on this over the last X months, seeing that crop up will sadly have a large impact on the SP.
Utter tosh !! my only plan is to keep my investment in place and hope at some point some money gets recovered.
Just reading through a few latest posts and as normal, you get the odd person stating it's a "huge pump and dump", blah blah.
For those who do think it's a P&D - please go away and do some real research. This is in no way a pump and dump share.
True value is starting to be seen with only further huge SP growth over the coming days, weeks an months ahead coming.
Surly should start to get going.
It's back in the buy zone isn't it, so will start to see volume coming back in.
Could do with a little bit of news to provide a boost, however last weeks increase without any news shows how quick this can move.
Not sure if it's captured anywhere to be honest. The RNS's where it stated new contracts wrote.....
"five new contracts signed in 2022 of a greater value than any contract in 2021"
So take that as a real positive, with more to come.