Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think the RNS yesterday has been misinterpreted by many or there was a lack of understanding and maybe some clarity from the company what this well was to achieve.
To me the RNS is generally positive, could have been better granted, but the team are taking plenty from it. They know what's there from 5 years of research and review. It's just understanding how to develop what they have, Tai 1 will hopefully have helped on that journey.
The helium is there, that has been confirmed, it's just where and how that's best harnessed which DM will be working hard at.
For me nothing has changed, just a great opportunity to load up.
The cycle of expectation and sentiment will resume in due course!
Tai 1 was a bonus drill. Over reaction on RNS today, maybe on the sp as well, time will tell.
If people were investing on this first drill being a massive success they shouldn't have bothered.
Plenty more to go at, plenty of upside.
Like this:
'Bradda Head now has the largest landholding in the Burro Creek-Wikieup lithium district, increasing critical size potential (see map at https://www.braddaheadltd.com/media/image-library/). Approximately 24km2 of claims have been added, increasing Bradda Head's landholding by 105% to c.47km2 of sedimentary lithium claims.'
https://www.ft.com/content/837dca08-d6fa-4336-bc31-add202b1e372
Not a concern when you look at the rest of the board. They clearly want to tap into some of his expertise, but he's certainly not running the show here! Look at the rest of the board, the assets, where they are and lithium demand over the coming years. Very well placed.
I see this being quite a unique opportunity a bit like HE1. May take a while for the market to cotton on. It's a very experienced board who know what they're doing. Funded, low mcap, not many shares available, a range of assets. They'll come a point where this will get really squeezed for a push to 10p+. Nothing goes up in a straight line!
48.5% of shares are not in public hands. I think we've seen since listing how quick this can move on fairly small volume. Of course the same can be said on any movement down as well. However, already update yesterday, presentation tomorrow, all looks poised for a run into double digits.
It seems does incredibly undervalued at 22m current mcap. They raised £6.5m in the ipo alone.
It feels like it needs to re rate so worth holding, although nothing wrong with taking profits. Not many shares available either from my understanding.
Can't see this being at these levels for long.
It does remind me of HE1 a little when it listed. Oversubscribed placing always a good sign.
Great team, great assets. Looking forward to updates.
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/955100
This is all you really need to take note of... nothing has changed apart from more helium shows:
"With the above indicators already identified we look forward to a successful completion of drilling on this target location."
I think this still has some potential to increase without news in anticipation. All the mms are doing is hedging their bets this week as they know there would be no further news this week. Perfect opportunity to take down and scare plenty out.
As we move into next week and closer to some further update this will rapidly change.
This can do 20, 30,40 percent for a few days running.
Calm before the rise. This will take off when we least expect it. Many will arrive asking what's going on, oblivious to what we've all known for months. Take your positions or pay more later, simple.