Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hopefully it's not 1 step forward 2 steps back
Hardly "leak" volumes, more likely a few decent buys in a row then a few others jumping on the bandwagon, looks to be over for now
And it also doesn't make sense that once this "persistent" seller stops selling the SP is going to fly... Why doesn't the "persistent" seller just stop selling and let it fly then sell at a higher price.... more likely traders don't see anything happening here for a while and are selling out
You mean the recent placing at 0.35?
Why would they be selling at a loss?
I'm actually talking to AndrewRBell, this isn't the account he usually posts with
If you are who you are claiming to be, why are you using a different account to post
Given that ARG, BOR and PMO are also rising I'd say the reason is legit
Also on top of the: The Company's wash plant and associated equipment is currently running at a throughput of 30 to 40 tonnes per hour, operating six days a week for 8 to 10 hours a day. Edenville is therefore in a position to process 8,000 to 10,000 tonnes of mined material per month. In the 31st Jan RNS they say Subsequently the Company intends to install both a Lamella water treatment system and pre-screen technology to improve the overall efficiency of the plant. Once implemented, hourly production rates should increase to 80 to 100 tonnes per hour Implying that they are targeting 25,000+ per month Yet now the target is just 10K
So basically when they want you to invest they're operating at 10k and are in advances discussions with multiple parties, then once you're invested it's 4K and you're an idiot for believing them
Hardly scaremongering when you look at the history as at 1st Feb 2008, RRR has 274,480,832 share in issue we now have 503,658,124 x 25 (consolidation terms) = 12,591,453,100 which is around 45-fold and multiples of the current MCAP, so it would seem that shares to that extent are being issued
Hi maestro1 I hope you're not basing your investment strategy on: "this was 10p+, now it's slightly less than 1p and there is value here.." You've overlooked a 25:1 consolidation and it was up in the 15-20p range for a period 375p+ to now slightly less than 1p - paints a very different story perhaps there is value in the companies assets but you've got to wondering if the management than oversaw 375p-1p are the right management to realise this value
"But the reality is that this YA loan is being slowly shifted onto the RRR shareholders so they can pay it back through RRR dilution. That was NOT how it was supposed to be." I think that's exactly how it was meant to play out, I think RRR are having to be more inventive with the dilutions now, this way they can shift the blame (IMO)
So what actually happens in a takeover? do you have an option between money or equilvalent shares in RKH?
Some good ARG and DES movement latey, hopefully something is starting to happen