Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Encouraged by last week. Serious buying and if as I guess Diversity have added so will RP - he increases his stake when Diversity buy in. Yes, with gains like this it will attract the day traders but it is important not to be so tick sensitive and avoid the noise with a big move on the horizon. Who cares it traded 16 and eased off, it will probably make new highs all of next week. City Oil is likely to happen and we already know it is being worked on now - if, as I expect it gets the green light we will re-rate. For me through 17 and we target 25 with ease. Support now at 10-12.
There is a genuine squeeze on and the MM have not covered their shorts from RP's last buy in. They have got their pants down, Diversity want to increase their stake and Parris may come in again. Plus the gains will attract interest. DYOR but hold for gold, there is a genuine shortage of stock out there with a current demand, I for one will not be giving them away cheaply.
32 minutes in and Davey the ramper has not posted!
MM short. RP invested and Diversity in from 23/24 all the way down in size.
Once again, undervalued in my opinion. Even with boiler tech alone. This underpins price.
All eyes on City Oil. It is the £1million commission why I am in. Roll 1 out and they will come along like buses and we will be north of a quid in no time.
I will get excited when this gets back to the levels (30p) when City Oil was announced. Not insignificant noise down here.
Davey you are a little ramper - this stock does not need ramping. It needs news and is far too undervalued at these levels.
Director and major shareholders in from md-teens to 20's. Little free float, majority of stock in sticky hands. City Oil is now confirmed in 'advanced' stages and it looks like we could finally roll out in the USA. Big news. M2G uptake picking up here and there appears to be a more positive sales pipeline into the US.
Pumping lol! Who cares.
IMO is going to get traction as the M2G sales come in. State side too early signs are good. City Oil is the HG.
The largest investor is in from 23p down and the CEO in mid-teens. Undervalued. Little free float. Weak sellers out now and burnt. MM scum but run to the hills when buyers enter. GLA
Solid RNS. No funding issues and it is looking like continued M2G growth will underpin the business into 2024 as RP works toward making City Oil happen.
MM will offer this down when it goes quite but the reality is whenever any size buys stock they run to the hills.
IMO very undervalued and pleased with today's statement.
Looking forward to the AGM tommorow. Are any shareholders attending?
RP can explain exactly to shareholders where we are at with 'the advance' stages of City Oil.
Positive now the weak sellers have been flushed out.
Diversity started buying around 22p/23p. I was in before the 300:1 at 30/25/20/15. Even the additional shares at 10p are red. We have a long, long way to go! Almost every investor in the history of Sabien is offside, and it is about time you, Paris, started delivering to shareholders. Suppose you can only commit to giving this a part of the working week; if so, step down and get somebody who can—a hands-on leader who demands results and engages with investors.
That said, the signs are there, and I am pleased there is no debt and M2G is bullish. When Sabien announced setting up in the US, we rallied, and the SP was way higher. We are now seeing orders in the US, and we are down here! This stock is undervalued even with this tortoise in charge.
Get SAP approved now, and stop talking about it. UPDATE US.
Deploy COF and stop talking about it. Give us regular updates. UPDATE US.
SEE YOU AT THE AGM
Get SAP approval and it opens up a few big doors. I am sure the major shareholder will help open a few of them too.
No debt, bad news about Proton already priced in. Overdone down here in my opinion but on very little volume over the last few months.
Feel RP should be doing so so much more but that said, still feel its a steal at this price. GLAH