Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lav, do you think DSO for KOD is an option being considered?
Lots of talk of running over budget at Leo, this is a way of boosting cash reserves for them and since they have so much product already defined, why not?
We will have the DMS built by Christmas if the money lands by April and have it fully commissioned early next year -I don't think we need to consider DSO, lets get full price for our product please.
The biggest drag on their share price is the escrow shares held by firefinch (ffx(. Around 17% which when they become available to be sold that's what ffx will do. When that matter is resolved one way or another I think the mcap at Leo will be well above today's value if not before. 520m is way too low for what they will be producing.
This isn't the best place for financial advice. Just make sure you are not investing money that you need, and it's money you are comfortable with losing.
Many people average up, it's probably much easier emotionally to buy on the way up then buy on the way down. If you think the share price is going to go up and you want more shares than good luck.
Good luck whatever you decide.
Could well be right fisher.
I also think, daz, IIs will be loading up as early as finance landing in April.
Not all of them need to wait for the balance sheets and quite a lot will start loading once the permits have landed and the finance has been secured.
Possibly the easiest hold I have ever had (so far.)
Shares are risky, life is risky, this share has many risks but they keep reducing month by month.
If the updates for the funding transaction continue to be positive and complete by the end of April, the rise I have been waiting 5 years for will happen.
The assay results which I would expect to be returned by end of March may surprise a few.
Good luck to those still loading, I hope you all get the price you want.
A lot higher than today in my humble opinion.
The next 12-18 months will be a lovely watch.
The nonsense on here by 'some' about available cash, 29/19/30/xx % of profits is laughable at best.
When the II's start buying from April, they'll soon see.
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Doesn't help if you have an iPhone.