Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
totally agree Fortitude - I am a glass half full guy myself and see the potential. We all know that this is a big risk but the rewards can be outstanding. I invest what I can afford to loose but those who don't see it as a good punt can simply dismiss it and move onto researching another stock - there are plenty out their
Fortitude - I agree - there is potential and we have all seen the benefits of getting in low can achieve. I remember this clearly from 3 years ago and it went up 400 to 500% in a few months. Not sure exactly how much it went up but I took out all my profit and bought the other half a Porsche for her birthday. Do I put another £5k in and hope this same will happen over the next year - I am thinking about it more and more - especially if I put in profit from other investments as Physiologically it then costs nothing !
I don't "aim" messages Chinch- I post informative information and my own opinion - that's what I believe these boards are there for. No one knows if a dividend is going to be paid. personally I would prefer that one isn't paid as I would prefer to see a greater capitalised business whilst we go through these unprecedented times
cant see for a minute that they will declare a dividend now when many of companies are slashing/ stopping them. In the time of economic turmoil the strength of a companies balance sheet is paramount - cash is king. SQZ are in a good position with strong capital reserves and no debt, far better than a lot of other E&P businesses.
There are only two prices that mean anything to me - the price I pay and the price I sell - what happens between is of little relevance
Really surprise no RNS for co today re share price movement / volume. Around 12% of shares traded today and we know that none will be directors as they will be restricted from trading. So who is buying / selling ? We don’t just go from 3 or 4 trades a day to 400 with volume around 40 times daily average By PI deciding to take a Halloween punt. If something has leaked which in my opinion it has, the co should have used a speeding ticket or came clean - expecting an RNS tomorrow - most likely
1st thing
No upper on SIPP gains - you can built it as large as you like
Where do you get 18% CGT From ? Thought CGT Was 10% and 20% depending on your earnings and also the extent of the gains ?
Interesting statement from Accounts of Jubilee Metals Group - parent company of Siyanda Smelting who we have our smelter deposit with
"Project Pipeline
Jubilee is well positioned to secure a significant position in the global metals recovery market as it continues to refine its project execution schedule for various targeted pipeline surface processing projects. These pipe- line projects offer significant growth potential in the short term and we are actively in discussions to secure further such surface projects."
Interesting share price drops on very thin trade. Placing shares at 1.75p done seem to have been pushed and sold into the market. The following from the interims keeps me holding with hope
Outlook
The Company continues to hold discussions with the potential off-take partner and other potential industrial partners, with the intention of either concluding an agreement with one of the parties involved or completing an off-take arrangement with a third party.
My view on this is statement is that iron were EITHER looking to conclude agreement with industry partner/s OR complete an offtake agreement.
Have IRON had their arm twisted by one or more of the industry partners to put an end to ongoing discussion with the potential offtaker. IRON appears to have chose to terminate talks with them.
This could multi bag over night with any positive news. Invest what
You can afford afford to lose but if this comes good, it could be one of the best investments you ever made
Good luck all
Extract from accounts - note the “either”
Is there still a glimmer of
Hope that they may still be able
To secure an investment partner?
Outlook
The Company continues to hold discussions with the potential off-take partner and other potential industrial partners, with the intention of EITHER concluding an agreement with one of the parties involved or completing an off-take arrangement with a third party.
Disagree that talks should be over.
From the accounts -
“The Company continues to hold discussions with the potential off-take partner and other potential industrial partners, with the intention of either concluding an agreement with one of the parties involved or completing an off-take arrangement with a third party.”
The statement within the accounts appears to refer to diligence in past tense and in my opinion has been completed.
If I was a betting man (which you have to be on AIM!) I would say that are finalising a deal with an industry partner who may have support the purchase of the smelter or have smelting facilities close by that we could secure quickly. 15MW smelter Off the table at the moment due to timeframe. All in my opinion
You do make me laugh !
I said yesterday some folks waiting for sub £1 to buy or close their shorts. Looks like many of them didn’t- make 20% on the way down and then 10%+ on the way back up.
No deramping here - just say it as I see
It
You don’t sell to close short positions out, you buy!
Shorts closing should boost a share price unless this is countered by others selling.
Sales outweighing buys and this is why the price is falling. Price is dictated by the markets - supply and demand