Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
New to PXEN...bought a few as looks like this has legs...fingers crossed
Totally different style of RNS...maybe influence of the new non-exec? Factual if not exciting. Looks like they are only going to tell us what they have actually completed. Which to be honest is refreshing....much better than the normal Carver bull.
Definitely worth reading the Q&As. Well written responses with much greater detail than I expected. Didn't like the terms of the boat deal and feel either a full sale or the income is a better outcome. Feels like they've a deal lined up for CE with extensive drilling program needing funding.
A low share price has suited Caspian well. Those close to this have increased their shareholding by completing mergers, removing licence agreements , buying land, drilling equipment, vehicles and now they have bought and sold a boat all potentially at a discount to what most I think believe to be true market value. Mushroom managing the pis is likely to continue IMO until the point it suits them to declare the true value of these assets. Personally I don't think that is far away and I am holding for that reason.
No detail...despite having months to prepare it. I get the feeling that this RNS is worded to shake more shares free. Fully funded and 802/803 could still be tranformational...mushroom management at its best (or worst)
Two days of stability here...the hammer that formed two days ago looks to be holding....new base looks like it's getting stamped in....this is producing and paying dividends...which takes out the short sellers....I bought more at 7.17...timing not perfect but will take the dividends. $1bn mcap inevitable IMO
The RNS was fine and totally as expected. 802 news is due and will catch a few people out. Nothing goes up in a staright line and this is no exception. Some choosing to take some profit and creating a buying opportunity for others.