Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think KOD is a good play although some way off yielding anything that will significantly progress the share price to what some have been quoting on the board l.
Have a look at KZG Koffee - got back into it about 9 months ago - could do 100% easily on new expected but do your own research if you take a look
This could help us ....
https://www.thetimes.co.uk/article/britain-on-the-offensive-in-race-with-china-for-crucial-rare-earth-minerals-lff7sppng
Interesting you say that - the investment in kZG appears from the RNSs to indicate that that transaction is part of a wider group of investment transactions that Intend to complete at the same time.
Agree with you there - the accounts in any event will require a forward looking statement and confirming of going concern. I am sure they will be desperate to tie down the financing as this will settle the going concern matter.
I would however note that with the diamonds etc and other investment activity I wouldn’t envisage a going concern issue without the investment.
All to play for - investment what you can afford to lose and you may well get a big reward
I may have been “banging on for years” but the SP has been where it is for years - maybe there is some truth in what I am saying .
FWIW I have never traded any share in SQZ and Have been here for many years. When markets fell in March last year it went into value play and I doubled up.
Traders do have other agendas but it would be naive of anyone to thing that a few comments on this board would move the share price one way or another.
NewKOTB - You are quite correct - over the last 3 years in my view I have seen the company complete or announced anything that has met with my expectations of a growth focused business. I am not being negative- I am purely sharing my view, which these boards are made for, on why I believe the share price has pretty much been stagnant, why there appears to be lack of II interest and the key factors which I believe will need to be addressed before the share price moves forward.
Don’t tend to look at other specific Co’s but sector dynamics. My view is all based on fundamental analysis and the basics of how businesses are valued. As a fund manager you assess value and growth - my view is that there is possible growth on the horizon but as the moment I don’t see it as a value stock, hence the little inward activity by IMs
My view is that the share price will trade within the range of £1.05 to £1.25 until their growth strategy becomes clearer
All in my opinion of course
its not just about profitability, its about asset growth. I have said on many other occasions that SQZ need to add assets / reserves to their balance sheet to be a longer term sustainable business.
The more we take out the ground the quicker the reserves/assets drain - How many years have we left before the reserves are dry and therefore the capital value of the co is Nil ? For this reason i don't believe that R3 will have any significant impact on value unless recoverable reserves are increased significantly. Kick start the wild cat drills and/or add some reserves / acquire other acreage that the share price may start to grow.
My personal view is that there is little appreciation potential in the share price based on current reserves and that interest from other parties would be limited at the moment but things can change
Accounts will be due out over the next 7 days but don't expect them to say much. Maybe an update at the same time.
What was evident last week is that there we no leaks of news so anything can land at anytime.
Agree - quite surprised with the level of rise here. Pleasing to see that they run a tight ship and there were no leaks. We aren't far off what we were a few months ago so for me i am staying level headed. Although the planned investment price is a lot higher it is still subject to DD. Until this is finalised I cannot see us that much higher in the shorter term. If it doesnt materialise, some will be licking their wounds . Like any AIM co, invest what you can afford to lose