Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Whilst I'm a neutral to me this feels like a good multi bagger, if they can get this well commercial the SP should get back onto the 0.2's so a good double or triple if not more from here. Delays are never good but don't think your investment is lost currently.
I've been watching this share for a while, the 27% discount isn't bad really, the news its self would take the SP down more if I'm being honest. Sand jetting didn't work and they need to do a side track in 2 months time. Ill be watching this tomorrow to see if it drops below placing prices.
Im sorry for all the lth's who are losing out here
The discount on this placing is quite good only 27% reduction based on the update I’d of expected the sp to drop further so be interesting what this does tomorrow after the placing and bad news
At 0.36 that was almost a 50% gain if you got in around the placing price of 0.22....
Im surprised it pulled ack today, maybe just a bad day or maybe traders jumping as the testing has begun and they want out before results....
Anyone else seen their watchlist mostly red today?
Good spot will do some digging and add that one.
Yes deffo, gonna watch Prem like a hawk today as they like intra day RNS's. If its good news could see a big spike so will try and ride it.
If it doesn't drop tomorrow i can see the board getting nervy as that will be the last day of Feb after then its "delayed" the second worst word to "duster" on aim lol
Wil check them try out thanks tro
Need to add pred to the drilling list wil update tomorrow
I read up on companies then forget so what ive done is written down all the spuds this year and comments.
Can anyone else name any others?
In the interim Char and Zepr look the best to invest in.
Zepr
Unknown drill date expected late Q1 or Q2 (looking at dates more likely to e Q2 now)
Biggest hurdle is that the insurance is due to cover most of the redrill but still not confirmed they will pay for it so could result in a fund raise….
End of quarter update on production due end of FE, expect ad news as told in last RNS the cold impacted the operations. Quite often the RNS drops on bad news but recovers so potential for a day trade here!!!
CHAR
Q1 (ish) they have started the civils on site and the SP seems to be rock bottom so no spike yet. This multi bagged when they had a confirmed discovery before.
Posted on the bb apparently a distressed seller in back ground which is holding the price down
Tower
Spud June-August looking for a JV to cover the costs. SP is currently very low so when JV is signed will see the SP fly.
Boil
Spud Q4 recently did a raise and Farm out is complete so its just a case now of waiting for q4. Oil like to spike so could see the odd spike along the way.
Thank you for the update I appreciate it!
Hi All,
Just came across this share. When are they due to drill? Looking at end of Q1? Why is this share so cheap right now, does the company have enough money for the drills. Ive read a few RNS but cant seem to understand the above.
Thank you
Zphr is due to announce results this week and they have already said its had a tough few months so i wouldn't buy until the results drop some point this week.
Just came a cross char, they are due to spud in late q1 up from where they made a discovery the other year. Sp is almost at its lowest point and all seems on track to drill so again another good oppertunity to trade?
I’d better not jump in then lol but no seems like this is the bottom and good news can send it going crazy.
I’ll have a think but might jump in tomoz provided an rns doesn’t drop lol
I just watched the video sounds like they have lots to look forward to mischief so don’t worry about the drill the other projects may come good.
That interviewer was it me or did he just seem to mumble on?
Who else in here currentky? Tempted to buy into here, the last rns suggested several weeks to get the new flow rates. It’s been 2 weeks since the last update so maybe week or two for results.
Yeah I agree he did a very bullish interview Friday and tbf its only a slight delay. We might get an update later in the week saying its up an running still about 15% up which is ok.
Yeah deffo lol Will see how much it drops and decide. I feel the RNS was not needed and pushed the sp down on purpose. He didnt need to tell the market the news and just update us later in the week.
Yeah saw Prd doing well, I'm tempted here as they are due to drill in May time and are due to test their other holes soon.
I was gonna buy in today then it rose so want to see if today is a one off or if its starting to move back up.