Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Dean whilst I understand exploration companies are inherently risky business, I still disagree with your conclusion. Yes there was a bull run, but if you look at the chart at a whole you can see we are now sitting on a support level and looking to start climbing again.
Very surprised you see averaging down as "silly". This is a company who has only grown and diversified their portfolio in recent months, as well as looking to create more revenue through clever management of projects. It also is still one of the few exploration companies with cash in the bank that isn't provided through loans. The share price at the moment has been hit through the exercising of warrants but will certainly rebound one imminent news.
Beggars belief this post - should always evaluate the fundamentals and if anything changes negatively to when you invested then yes get out. If the fundamentals have remained the same then stay put or better, top up, and average down. As Troken has just put, waiting until it drops 30% and cashing out is completely non-sensical. You should have jumped 15% ago or topped up. This is either inexperience or insanity.
Good luck to those who keep the faith. ATB.
Only 2 weeks out of date.. Big news is needed before this price gets driven up.
Any need for de-ramping? 1.8p? You're expecting a 60% drop on the announcement of solid copper assays? Jog on.
Similar to KNB you mean? That floated at 6p and finished up at 20 on the first day and 40 on the second?
Or similar to MXC that started out at 1.2p and topped 7p? Back in ya box.
Either daft or a masterstroke to brandish publicity all weekend after a 500% rise on the Friday... If Peter Wall and Beckham have a say it'll all be based around Marketing.
Think you need to see the bigger picture - Great diversification on the project front now with the new Canada assets and Australia. Are you forgetting that Molopo and Hanneti are just awaiting assay results? Patience and trust.
The "big boys" invested in this HAVE to hold their shares for minimum of 3 months. Read the IPO RNS.
http://help.cellulargoods.co/en/articles/4969675-timetable-26th-february-ipo-cbx-l
You’ve had months to load up - this hasn’t come out of the blue. Going to be a corker.
Molopo*
Think everyone needs to exert a little patience here. So what if the warrants drag the price down short term, use it to top up. PJ doing a cracking job on several fronts, Haneti or Mokpo results back and you’ll get your rewards.
Belliott - From the allocation email I don't believe the shares will be within the accounts until Monday. Hopefully proved wrong though.
It's a brilliant RNS and excellent news for the company, but please keep perspective. Not a tier 1 deposit so I don't believe "Gigantic beyond" are the correct terms, but certainly a good deal to be excited about. Very wary about SP's being ramped now when a level head is needed. Definite upside in the coming weeks. ATB.
I may be incorrect so please correct if so, but my allocation email reads:
"Admission Date: 01/03/2021
Please note that your new shares may not be available to trade in your broker account until after this date."
But the RNS indeed says the stock will be floated 26/2/21. Going to be a pump on Friday followed by a dump on Monday, I fear?
Tuners, I think we’ve both got different paradigms that we’re viewing the company from and that’s no problem, just don’t think we’ll agree. I’ll admit I’m still sceptical about BTC as an asset, but I do agree that blockchain could have huge future uses. Anyway let’s celebrate the great RNS. ATB.
Bamps - Any chance you could wheel out your reminder of why GGP has such great prospects. I love reading that post. And I feel now more than ever, as we settle into our "orphan phase", it would be a great reminder.
Thanks in advance.
Sorry Tymers - There may be great fundamentals to ARB, but I fear like so many stocks recently, it's been turned into a pump and dump. Ramped way over it's fair value. At roughly 100BTC mined per month the mCap didn't warrant it's price when BTC was $55k, certainly warrants it a lot less at $46k.
On the flip side I think Peter Wall is a very shrewd businessman. He's used this opportunity and ARB will be market leaders when BTC does become a stable asset. Just seems like this is a false dawn right now.
ATB Tymers. JT.
The grand old duke of York comes to mind. He marched his Bitcoin to the top of the hill, has he just started marching them back down again?
Just watch this rebound as money moves out of crypto and back from where it came. Trouble is everyone is after a quick fix, no one happy to sit tight and gain profits organically.