Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You could be waiting a long time for that transfer to take place.
The licence will not stop the mine from being built nor production (thanks very much to Hainan)
It is certainly a possibility that we could be months into production before the licence gets transferred over. In my personal opinion waiting on the license could greatly reduce your potential profits.
You have done well there swissy
in hindsight I wish I had paid more attention to it myself🤣
Absolutely , things can go wrong on any investment. As long as you have not put all your eggs in 1 basket, spread the risk between (majority) safe and some risky investments - and keep eyes on them you should be ok.
My funniest failure - I laugh at it now, was gutted at the time - saw report on sky news saying that Morrisons was buying out McColl's and thus saving it from going under. Cool I thought I'll buy into that quick before it spikes too much.....a whole 12 minutes later - suspended never to return🤣
Anyone in profit could have sold all/half/some towards 1p and then bought back in, lower
or perhaps made multiple trades over that timeframe
so no paper loss
jeez it's like people don't know that you are allowed to sell and then buy back in again
you think these big institutions buy in the never sell anything? If you never sell you never make any money!
Your maths must be terrible then - likely a failed education to blame no doubt
many many people are still in profit here, including myself
but thank you for your concerns
I wont even comment on your bad taste of analogies
I think most people on this BB are pretty chilled Dusty, though that will likely change as we still seem to be a bit under the radar, if the hordes turn up it will descend into chaos like so many other boards.
The only person who comes across as stressed to me is ajs with his constant failed attempts at trying to bring us down🤣
I like how most of the time he is talking to himself inside his own head - as on most occasions nowadays nobody even bothers trying to reply to him, the conversation just carries on as though was not even here😁
I am personally waiting for sub 0.7 so possibly monday/tue - though I'd like to see it this afternoon so I can have more in before weekend just in case of a monday rns lol
I have a buy set up at 0.65 I like that price🤣
if it doesn't get there I'm still happy with what I already hold and will top up anyway when the next uptrend begins
Ahh but if you didn't hold shares, then you could not give him the authority - but what you can do is still come hear and cry about it like quite a few seem to be doing 🤣
I see Tygra has finally opened up that he is trading it. Classic behaviour - though slightly more subtle than most. Usually you see tons of deramping when out - then turncoat tons of ramping when in. Tygra doesn't do the ramping bit - he just goes deathly quiet and you don't here him for weeks - till the next time he has sold out and looking for a low entry
TM1 looks to be dipping back down under 0.7
good chance of bounce back with more news 'imminent', may get towards 0.6 resistance again but anything under 0.7 is good entry IMHO ( I have just put a limit order in at 0.65 for a hope I am right trade )
even if you are not keen on the company long term, should be a good short term punt from these levels - keep your eyes open for the bottom (Tro😂) for maximum gains
It is quite clear to everybody that more funds are required. No surprise really to see another raise, so all the ranting and shouting is unnecessary it is obvious he still needs more.
After yesterdays high churn there is obviously still a lot of appetite and people interesting in investing - despite all the shouting saying otherwise.
Perhaps GR just decided to take advantage of that surprisingly high churn and the SP held up well. Perhaps he will do more very quickly too and is drip feeding it in so the SP does not tank too much?
Who knows? Certainly not all the doom mongers who will have a mad few hours, then go silent again until the next raise which we all know is coming - just so they can come out of the woodwork again and acting all surprised and angry about why it has happened.
I am still happy to be holding at this time, contrary to all the rants here. After getting rid of Stark and having an independent plant investigation, and fix plan in place - I personally feel we are in a better place now than we have been for the last 9 month and I am actually more relaxed than I have ever been to just sit and hold!
Good luck all😁
Most people were expecting still more of a raise than this, he still has several billion shares allocation to play with after the agm and he needs to use it all really, several creditors to pay off. Maybe he is drip feeding it to try and keep the SP up?
lol shenanigans
It is surprising that he did not raise more I was expecting him too, I can only assume that the aforementioned are willing to wait a while longer and that either
1. this should be enough to get us into production - at which point he is able to get the further funds required via the Zimbabwe financiers he has previously mentioned ( so without further dilution )
or 2. this should be enough to get is into production at which point the SP should go up a fair bit and he can then raise at a higher SP ( so reduced dilution )
(there is a 3 of him not knowing what he is actually doing and just can kicking but I wont even mention that I'll sound like Jaglith)
maybe prem will be the first to benefit from the mining bank being set up - ( though that I imagine would be too far in the future as it's not actually set up yet? )
https://www.chronicle.co.zw/junior-chamber-of-mines-zimbabwe-advocates-for-establishment-of-miners-bank-to-support-mining-operations/
I suspect its likely to fall back after todays initial spike, 28p area is old resistance so didn't want to top that at the moment
have kept half pot back, so if it does drop all way back to 23p ish I'll average down a bit
will see how it goes, result due end of month and with oil price currently going well - it could be worth the punt into results
Limit order so max I want to pay is 28p, so its drip feeding me at that price
I hate the fractional shares, I like nice round whole numbers please
it was intended for the high value stocks like tesla ( before they split it ) so that the regular guys could buy parts of a share rather than buying 1 share for a thousand moola
it winds me up to end up with them on the smaller SP
Though that last 0.34 share did go through at 27.8p so i save a fortune on that one🤣
My 50 quid buy went through quick after trading opened
but put a buy order in for another few hundred and so far my notifications show as
bought 5.421918 shares
bought 1.358819 shares
bought 0.348272 shares
lol, though I did put a max price limit of 28p on it, guess not many available at that price - at least on my crappy broker