Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Let's not forget what the potential is here. Seller hopefully is just about done and then we can see clear sky's ahead (please don't hold me to this).
A good find earlier by another investor (part of the current pipeline) who knows but we should know within the next 3 weeks......
The company raised £42.18mln through a share placing and a vendor placing with institutional and other investors ahead of the listing. The former, of around 331.6mln new shares at a price of 0.6756p each, raised £2.24mln, while the latter saw 5.9mln proposed consideration shares for the deal conditionally placed totalling £39.9mln.
The company said the £2.24mln from the share placing will be used to finance the development of Supply@ME and for working capital.
On April 20, Supply@ME revealed that it has signed an agreement with financial advisory firm StormHarbour Securities for the issue, distribution and placing of a series of asset-backed securities guaranteed against inventories purchased directly by the company’s special purpose vehicles.
The inventory monetisation firm said it was currently finalising the details of a securitisation programme which, within the next 12 months, is expected to cover the whole of its current portfolio of originated inventory contracts.
the seller has been constant for around 10 days now, decent volume yesterday, little movement north, little volume today and down.
One day Rodney I will win at this wheel of fortune, and when I do...... it's off into the sunset :-)
We can but dream!
https://mobile.twitter.com/smallcappick/status/1269371978642792449/photo/1
"Patience is not the ability to wait, but the ability to keep a good attitude while waiting."
I then looked up the definition:
"Patience is defined as the quality of being patient, as the bearing of provocation, misfortune, or pain, without complaint, loss of temper, irritation or the like, an ability or willingness to suppress restlessness or annoyance when confronted with delay. "
I've stopped myself from messaging more because of the explicit language I would be using that would inevitably get my banned from the board. :-)
Alas I digress, I made 2 purchases today and both turned out red, I take this as a positive, we are no further down that yesterday and tomorrow is a new day.
My parting wisdom when asked when this will move north, "how long is a piece of string" and I say "twice as long from middle to end".
Have a good evening all.