Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I don’t post much or come on this board often, as there is nothing new to say. Just a waiting game now. For me the trial results, enough money in the bank and Sandgrove accumulating are enough to give me confidence this will triple from here on approval - so I’m holding long and have a big holding. Also - the niche indication - for patients with diabetes and risk of AKI - means this drug will be used as soon as it hits the market...and not kept in ’reserve’ - so will generate revenues from the start. All good as far as I’m concerned.
I think ST2 funding may we’ll be confirmed by September to allow the SP to rise, and trigger the options that CF is going to get. Not long now...
Myo - love the phrase ‘Align or Malign’ A hidden poetic talent perhaps?
Thanks everyone for the well informed answers. I’ve learnt something new today.
I’ve never understood why people continue to short this Share, knowing the positive news flow to come. What’s their strategy? Can anyone explain it in simple terms?
*has its
DT It’s much more complex I think. Each crop trial as it own unique blend of Poly4 and others. That’s what they’ve started doing the cost benefit analysis in the trials.
LaurenL Good questions. I’m sure the Sirius team and their lenders have the answers to them. Lenders just want an assurance that there is demand for the product and they will be repaid.
It all seems to be coming together nicely. SP is coiled I think, waiting to break out, and it may do so before any news, as it did last year to 50p.
All of CF’s trips to China with DC and TM seem to be bearing fruit- finally.
Oilman: the uncertainty regarding funding is why the SP is 33, but also where the opportunity lies. Your call. Most people on this board are LTH and hold the management in a high regard and think they will deliver ST2 funding with no/minimum dilution
What a lovely good morning present. Like lemmings, others will Now be rushing to signup so they don’t miss out on the last 1m tonnes we have to offer. Hope SP reflects this and breaks through 35
Thanks IB. Have a good weekend.
IB How can you tell it’s the UT trade? I can’t on my LSE screen. Thanks
OR - how do you know some banks have pulled out? Not in the RNS. Was it mentioned in the call? The RNS seems pretty bullish on TORP’s and funding. Are we reading it wrong?
The positive letters from the banks are really encouraging and I think that should reflect in the SP today. We already knew TORP agreeemnets are imminent. The 6.5MTA stayed is lower that previous estimates - so good news.
Where did Prem get the money to loan Marco $4m? What was the cost of that? Money from KDNC hasn’t arrived as yet.
With a DFS we should be able to attract funding from the big boys or even a takeover interest - once the deposit is proven. Anyone know how long this will take to do?
SL- maybe the government backing is essential to keep the interest rate we pay down to 6-7%?
Phew! Now we can get the ball rolling. Well done to the team at Motif - it’s a huge task. Hope the extra time means they have double checked everything and it’s rock solid.