Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No rally. Just more bad news for SGI. Bubble has burst. No interest from anywhere and spiralling debts. Only one outcome. Time to get out and put your money in a safer share. Most ex-SGI holders have moved over to ARB now anyway.
Yep, a familiar tale for many of us, I'm sure. I've managed to average down to about 62p (so wish I'd gone in more at the 5p stage). At that point though, when we were at our lowest, I'd pretty much written off my money and as you say it really wasn't worth selling. We do seem (whisper it) to FINALLY be getting there, however. If everything comes good and we finally see some signatures on contracts it might, just might, have been worth the years and years of pain. Haha. Just nice to see some upward movement and some buzz around us.
Really is starting to feel like "the good old days" now. We need a run of blue. I seem to recall an 11 consecutive day'er at some point. Although that may be my mind playing tricks on me. It was some time back now ;-)
No, more drops. Looks like the end. Anyone buying this now is just deluded.
Hahaha.
Your post from FIVE days ago...
“Anyone selling now needs their heads checked. We are coming up to the next monthly update on 3rd April where our turnover will no doubt be higher than last month. Added to that Bitcoin is flying. That saying buy on rumour sell on news is so true here. This will start to climb leading up to the next trading update, and those selling will have to pay a higher price to get back in. Now is the time to be holding not selling”
Looks like the end from here. Looks like sensible money is getting out of this dead-end share whilst it still can.
I think you mis constructed your sentence Pearls. Let me correct it for you.
The idea of potential collectors is certainly a rarity.
If you don't want to see any more fundraises, you're probably better getting out now. As there will be. That's what companies do. Raise funds. Invest and expand and then, in theory, you, as 'the investor', reap the rewards of those investments later down the line.
It is the model that has been used since the dawn of the stock market. That's how it works. And that is why it was built.