Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Opidian - Nice excuse but a 2 min call to arrange an RNS with a link to your website. 'Overheads' really? Espcially when the AGM was booked early last week.
It's called courtesy.
GF / Ophidan - I've been doing this long enough to understand the market courtesy here.
I was giving them the benefit of the doubt to be honest in the expectation that we would get an RNS (hopefully 2 or a combined one with CF news) but now it seems the well paid team would rather go down the route of minimum shareholder interaction (especially with the 08.00am AGM again!) . It just feels like they don't get the UK markets or the investor need for timely information.
gf - Well I haven't been contacted and it appears only Halifax members have. Also, even under company house rules there has to be 21 days given before the event.
This is the level of competence you get when you pay yourself a top notch salary from a non-revenue generating shell company. Market rules, meh!
I see no reason why the sp shouldn't hit 10p this year even with a 37% dilution and, as for next year, it could reach 30p. If there are 350 million shares by then (+75 million each year) that gives a Market cap. of the £100 million that Danny Swick spoke of as his target and we might expect a buy out' - maybe you should have lead with that....LOL
gilesfitzh - Your model indicated that there would basically be nothing here to drive the price. If that's the case, what are we all doing here?
gilesfitzh - Have to say that is massively pessimitic.
Total peanuts in the scheme of things.
I don't think they would be planning on bringing the AGM forward by a month or so if they didn't have big news to give before the meeting.
You'd never get your resolutions past if you plod into another AGM having not made good on your promises. Last year , fair enough, still getting going but they've made some pretty lofty and urgent claims over a months and a half ago now.
I'd imagine this one will be pretty well attended,
Funny how a certain gunslinging troll keeps piping up with his normal FCA nonsense every Friday afternoon, which has come to nothing week on week, even though (he reckons) he spoke to them last November (yeah right). Only a soft brained simpleton would take the bait.
Unfortunately he doesn't do his homework so just comes across bitter and ill informed.
Some smarter commenters on here to be honest.
I think you can thank popular trading books for this 'out over the weekend' mind set. Great and once in every 100 years it pays off but for the most time you miss out of the first 200% rise when the RNS drops on Monday morning.
Yep and they are being soaked up instantly with very little impact.
You got it Freddie.
Opihian - At the end of the day the Buy / Sell flag (which is part of the trade message) is obficated and this is abused.
Some good movement today me feels.
This is clearly being traded in a range now.
Ophidian - My feeling is they are moving forward and negotiating FUM based on the assumption the CF is a done deal.
Hopefully, once the lawyers have done the deed, then we will be looking a some strong positive news flow for quite a few months.
Not sure if the lack of BoD visibility is helping here at all, they need some interview or PR to get things moving again.
Ophidian - Quite correct and it's one of the reason why many broker driven sites to not allow you to download bid/mid/ask data. In short , they can almost do what they want within reason (or suspicion). Also 'NT' can mean a number of things, not just broker/MM needs stock.
They only rule of thumb I use. If their appears to be 'big sells' but the price doesn't move down much materially or proportion then they were probably buys (and vice versa)
Sizable gap between the buys and sells yesterday. This is gap filling.