Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ive been trying to sell £4k worth, then £2k worth and finally £100 worth.
Cant sell any for love nor money, no-ones interested unless MM's playing games but i think more likely people had enough, like watching paint dry this share hence I'm trying to get out
With an easy 30% to 60p I think it will be soon
Also anyone know set up costs to get the metal out?
Yep I hate being right Ref my early 50”s prediction (I’m in this share!) but it was all priced in. Nothing decent in there apart from still in negotiations which basically is seen as a delay. I’m not in this long term just a quick flip. But looks like it might be another medium term unless further takeover news comes out soon.
Everything just seems in line with expectation so nothing amazing with financials which is a shame.
Ref takeover they’ve released financials to show advanced stages. This is the only interesting bit. But no offer has been given yet otherwise would be an RNS.
In conclusion this is still a waiting game so I’d guess might open slightly blue but ultimately will finish in the red at early 50”s as impatient investors sell out.
I wouldnt worry too much uNkt. I think your one of the rare people that are up on this share buying pre 0.10? A good call of course as with that RNS I think your pretty safe. It could get to 1p, but it won’t be quick as they have a lot of work to do. The market knows this and that’s why it won’t get to that point until progress is made. But there is a chance and who knows with a bit of momentum, returned sentiment could go further. But you have to remember that this share has ALOT of history and there are a lot of investors here where 1p or even 2p will mean F all to them in relation to what they’ve lost. But it is a nice board here in general and some posters here (you’ll work out who) have some really in-depth knowledge.
There are no conspiracy theories in regards to the MM”s holding this share down. The whole commodities market is down and quite simply there are hundreds of undervalued share opportunities in AIM available which offer much better prospective ROI than here.
That’s why the share price hasn’t moved. Does make me laugh when I read about the usual suspects stating that’s it’s the fault of the MMs that are keeping the price down on MSMN.
Yep could be some of the 20% club who bought at 50p sold at 60p. Not a bad 3 weeks work to be fair if you had a £10k
Been looking at buys and sells. Roughly £160K worth of buys in last 3 days doesn't see it move more than a few pence. Yet just £70K sells see it drop 5p.
Treeshake...
I've done my bit with a little top up!
Yep agree tried a cheeky £600 top up and they are only offering 58.8
Yep well undervalued how stupid everyone is to not be buying this share hey spary?
So give me a prediction on what share price will be by Christmas 2019?
Hi Baffin,
shall happily reply to you, as remember you from back in the day of the nodding donkey being shown in THE video which we all got excited about. I did have a different username then, but you wouldnt remember me as only posted now and again - just as I do now.
As for being out by 10 years, yep what a complete idiot (thats sarcasm by the way)
I made money here on the 2p to 50p ride. It wasnt plain sailing as got greedy and bought more at 25p. Still managed to cash out though and then dabbled here and there from the slide.
As I said this can be traded for the 2 or 3 bags from here. But this is purely for this and for directors taking a salary and will always be under a penny.
I check this share probably once or twice a week. I dont post daily or weekly or monthly here, or as youve spotted ever under this username but doesnt mean I dont know it. And others that really know it, will know that what I'm saying is completely true.
As for you guys ramping it go ahead and keep posting every hour you keep living that dream.
And I'll stick to the chart
Thanks for your reply spary1 just reinforces what I said as you know I’m completely right.
As for the troll comment long term holders will know you are the troll here and the worst ramping kind. I feel sorry for the newbies that listen to you and don’t see the bigger picture.
As for people only posting with an interest in buying not true at all. I made lots of money here 10 years ago and lost a few bits here and there.
The point is BOD has been hitting the same drum for the last 5 years with 0 results.
Just look at the chart.
As for others reading this I’d be more wary of posters like Spary posting the same old commentary hour by hour about how undervalued it is. It’s not it’s the price that it should be. As for the city being idiots, they are no fools trust me.
Was in this years and years ago.
Funny how some of the same posters are still here saying how it's turned the corner, put faith in the directors etc.The directors here are just using your money to invest into p poor little drills which produce a bit of income to get the small PI's excited and then do a cash call for more money when it runs out and then invest again into another little P Poor drill somewhere.
MSMN are an investment company now, not a producer. They own 17% of drills and hope it produces. Here is their strategy
1) Get PI money through cash call - share goes down
2) Invest in p poor drill in USA for stability - share goes up a bit
3) produce a few barrels - not so sharp PI's get excited by them being a producer share goes up
4) nothing happens for a while share goes down slowly
5) Cash call again - then back to point 2
Now for trading if you buy just after the cash call before the carrot being dangled of an exciting drill you can trade it well and make your 2 bags.
But this has no long term potential and is purely for the directors to survive and for astute rampers to get their 2 bags. Make sure you are the latter.
Sorry to butt in here caveat emperor but you mention relationships have you ever met any members of the recent BOD or spoken to them? It’s just that quite a few of us have and when you are told something positive will happen many many times to your face and then it doesn’t you then get tired of the lies and ineptitude and want to do something to protect what little is left of your investment. Now you sound like you are much more forgiving than a lot of us which is a great characteristic to have.
But for us PI”s quite frankly we are tired of the BS and the incompetence here and that especially applies to CB too. We”re not talking mistakes here - we are talking repetitive incompetence on a major scale that if happened in a company would result in both being sacked. I haven’t seen any proof that CB or LR have our best interests at heart?
Remember trellis rallied the troops together and has always looked at things objectively. If it wasn’t for him there would be no BAG. I personally don’t want someone representing BAG that’s going to mollycoddle the board as they genuinely need guidance/input by a strong yet civil personality but more importantly someone who “gets it.”
For this reason I’d give trellis my vote.
Eureka was bought for $2.6 million negotiated down from $3.9 million back in 2012.
Underlying infrastructure and drill ready.
Short term the JV should be their focus as clearly no progress ref mankayan sale yet after one year.
If we can get that JV before we need more cash (If I remember is just a few hundred k per drill so will be much easier to get parties interested) we could be back in business. As getting drills gets the market excited and more importantly give us investors some excitement !
There might be a wild card with Eureka if they can get a joint venture with no cash outlay.
Was mentioned in the last RNS and interestingly in the mining journal a week later:
We are also eager to see progress at our Eureka copper-gold project in Argentina following work undertaken as part of our project reviews in 2018. We are progressing a JV strategy because the Eureka would really benefit from the expertise of a company that has worked extensively in South America and knows how to unlock the potential of gold-copper projects in the region."
Would be good to get an update on any progress on this as this won’t be factored into the current share price and could really get it moving.
@ £0.42 cheeky punt
The Article you decided to rip JB is by U.S. Global Investors, Inc. (Nasdaq: GROW) - a boutique investment management firm. Assets under management of $535.5 million for quarter ended December 31, 2018.
So I for one find it very interesting.
Perhaps you”d like to be more “objective” and elaborate on your superior knowledge and research regarding Bezant?