Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No chance of a buyout. Not many shares around Most in sticky hands like bill. So the only way to get the assets is to agree an asset sale with the bod
It’s been engineered this way by bill and the bod
This will bag a few times imho. Then investing will become fashionable again. At least here lol
That trade has probably been going thru for days if not weeks. Brakes off.
Now that’s a transaction !
Just a matter of time before the herd arrive for end sep news
Persistent seller seems to have dried up
Landore tweeting positive updates
What’s not to like? Apart from the sp if you are a holder and not buying any more of course
Gl all
Hopefully it will appear to be cheap in a couple of months time
Mifid2 directive requires blu to submit some paperwork on costs Until they do hl won’t allow buys. You can hold or sell
Explains the price action a bit if your not allowed to buy
Same thing with rgo. But mifid2 shouldn’t apply to rgo
Hope that helps
Because there is very little free float there is no chance of a derisory offer being accepted. There can’t be a hostile bid acceptance
I am guessing from the green boxes and aimtodeaths post that amtech is still whining all the same tedious crap
When does he get it? None of us are happy with performance but repetitive whining serves no purpose other than to irritate everyone else. I blocked the muppet but I am still irritated lol
I assume it’s him !
A pertinent post on Twitter yesterday produced below.
If this was a private company and there was no 'market' (casino) share price to look at we'd be celebrating the success of the last few years already.
There has been plenty of it.
Bill had £50k at 30p in Feb 21 for god sakes.
Fools with no background in geology sell at 18p
There is truth in both the recent posts imho.
From Matt’s logical perspective if we still believe in our research, great jurisdiction, good assets and ceo publicly stating a corporate transaction is months away then the recent low sp offers even better opportunity
From madstk perspective it is just the latest in a long history of failed attempts to monetize the undoubted assets we have
It is hard not to let the emotional part of our brains affect decision making. From a relative newcomers perspective I can’t see much that bill and the bod have done wrong in the last 12 months (see my previous post). If I had held here for many years I would certainly let it play out for the next few months. Maybe in the hope of a good result rather than an expectation though
I myself am letting the low sp affect me. When the sp was 26p plus a couple of months ago I was expecting a good result. Now it is 17.5 I live more in hope! Now that is not logical I know because Athe only thing that has changed is the sp. the story remains the same
So let’s hope bill delivers for us all this time and have a good weekend
1 sell today. The rest are buys. Sp is ****. Company comms non existent. Opportunity still golden. Will come good. Eventually. But that’s a hope as well as expectation
Alternative narrative is we are all being taken for a ride and the ceo and his family have no interest whatsoever in making any profit from the 25% of shares they own between them in a graphite hungry market
It really defies logic that second position doesn’t it?
Jaded lth seem to be very negative on prospects here
I suppose us relatively new holders still believe that when a ceo says we will get a corporate transaction within months he intends to deliver it
If you forget the past then the recent actions of the company seem to have been straight forward, sensible and to date successful
They have increased the proven gold
They are funded until end of year
They claim to be under nda and dd being undertaken by interested parties
They have published a timeline. End sep for interested parties to proceed to phase 2 or not
Bill but another 48k of his own money in on 16p warrants
Prim have bought in and they previously managed a 10 bagger in a similar space so surely must have a big expectation here
So I personally don’t see any reason for complaint over the last 12 months or so
Apart from the current share price
We will soon know either way. But the risk reward seems in an investors favour here
Just to head off fu man chus inevitable balancing narrative that seems to only consist of “bill hasn’t sold it yet so will never sell it”. Only needs to sell it once and that logic becomes obvious to be the nonsense it always was
Good luck
I have fu man chu replying it looks like. I blocked him months ago because his views are unbalanced (to use his word)
Not long now until end sep. if I am wrong so be it. But taking a certain big loss today at 19p doesn’t look clever when there might be a big upside. Risk reward looks like 15p downside and 220p plus upside. So skewed a bit to the up!!!
I really don’t understand selling down here. Prim have bought in at 22.5 and previously 10 bagged in a similar play. Must be hoping for the same?
Bill put another 48k of his own money in last week with 16p warrants. We have enough cash until the end of the year according to last rns. We can also sell a stake in lithoquest if we need more and there are more warrants too
The bod have been explicit on timeline. End sep is the end of phase 1 and then we move into more detailed negotiations with interested parties. If there aren’t any likely candidates then they have backed themselves into a daft corner
We have assets in hold nickel copper lithium and some sundry ev metals in a safe jurisdiction and it’s all coming to a head
I struggle to see what’s not to like
And then there is a positive constructive post by amaretto. A pleasure to read
If the bod want the warrant money then we will be getting some positive news soon. I suspect it will start with the offtake agreement.