Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Basil - maybe they have used that expression due to the fact that they are looking to replace RF. we know there is sufficient funding to the end of Ph1b so maybe it is a sign that they are looking elsewhere. I hope so.
Gunner - have a read of SOG’s post with the link in it to Industry wide issues facing the smaller Biotechs. It could have been written with Sareum in mind. It would probably provide you with independent answers to the points you raise as opposed to hearing it from the likes of me. I am not saying you do not have a point but it seems to be an industry wide problem
Good morning David. Hindsight is a wonderful thing as you rightly point out. I have yet to meet anyone who has got it right although there is the occasional fluke. I took Puma's comments as a future buy signal. I had no intention of selling as news could have dropped at anytime. So here we are, with the buy signal now a reality despite paper losses. Those losses are only ever crystalised if we sell. Most of us here have been buying and continue to do so.
You could follow Potnak who believes this will drop into the 20's. You could double your money if it comes to fruition. Sell now and buy back in the 20's. Foresight is far more difficult and can be equally as disastrous. Potnak is predicting the 20's and yet is still buying whilst blaming the Board for providing the opportunity to buy and blaming the Board for the likely drop into the 20's and calling for an EGM in 2025. Illogical in my view.
I always have the opinion that this is a strong buy and indicate as much because that is my belief based on the science and the possible financial outlook for Sareum. The sp currently runs against my beliefs but I am applying what I hope, turns out to be foresight. Better to select an opinion as opposed to "no opinion" and then write a scathing rant indicating that Sareum is rubbish, the Board are rubbish and that we are all going to hell in a handcart. I find that disingenuous or an indication that individuals just want to blame others for their own poor decision making. Anyway I continue to wish everyone the best of luck whatever they decide to do and however much they despair of Sareum. This time next year Rodders!
I can understand the scepticism. I also do not think that the likes of yourself and the other posters you mention have a detrimental effect on the sp - I never stated that. You seem to make up your own narrative to argue against which I do find odd. However, your views are respected as are everyone else's. We have all held for many years and in my case, added except when we peaked and I sliced 3 million at between 6-9p.
The only point I can agree with is comms which could be improved even if only to find a way of reinforcing progress we already know about. But this is AIM and CEO's can go from zero to hero in the blink of a RNS and vice versa. Anyway, we shall all soon know as Ph1a completion is close as is data release.
hi potnak - for clarity you are less than clear. i think hbd summed it up by stating that we really do not know what is going on behind the scenes and we do not know what or whom the bod might be involved with. egm 2025? but still bullish. i get the bullish bit at these levels but i understand you have a bearish view with the forthcoming data. if you think it will get worse before it can get better, why wait until 2025.
personally i remain positive. i still do not have an issue with any of the board. why do you think they haven't done everything they could do to prevent market driven events. there seems to be a widely held belief on here that there is a money tree that our board has totally ignored in favour of rf. if you have actual knowledge then please do share it. otherwise you are being highly speculative with your assertions. i am frustrated that we all seem to have to go through the same commentary's every time there is a drop and everyone jumps on the same subjects time and again. anyway, enough from me as it is clear that not many on here can be reassured by scientific and operational progress and just want to kick up a ****storm. sog has just linked some very pertinent information that allows everyone to see the broader picture. says it all as to what headwinds the board has faced
There is no need for you to over-egg the negativity Surfie. The manipulation we are seeing has nothing to do with the science or our future prospects. Genuine question Surfie: where do you see the sp being in 12 months time?
You are being disingenuous Surfie and you know it. "Massive daily drops" . It is what it is. I note that investors are being asked to pay more for their shares today than all of this week when the bid was higher.
I have already attempted to explain what I think is happening here with regards to manipulation and who is benefitting. I am also buying as I trust the board, I trust the science and I am hoping (due to lack of hard evidence/data) that Sareum will turbo-charge. This latest downwards manipulation has occurred despite 737 deal. Brokers/MM's and RF are trying to mug us all. Wise up FFS
That’s my recollection too Silverfoil. Government departments are a complete mess. Underfunded, understaffed and inefficient. We spend most of our time dealing with computerised responses that are meaningless. I have recent experience with probate, DWP and local authorities. All woeful and the architects of all problems, even duplication. I can imagine Sareums frustration at not getting clear responses and then computer generated letters.
I am in a similar position Krusty so I am reasonably comfortable. Still hurts though. It looked to me as if the sp was "flash-crashed" to pick up some poor sods stop loss. There is no change operationally and no reason for the sp to be taken down to these levels. I cannot imagine anyone wanting to sell at these levels and I continue to add.
I think one of you detractors ought to outline where they are going wrong.
They accelerated trials by moving to Oz and then tapped RF for sufficient funds to be able to meet Sareums financial obligations. Otherwise the trial wouldn’t have happened.
737 is now farmed out . Yes comms could be better if there is anything to report, but there isn’t. We all know the timelines involved so why the angst? We know what we are hoping for, so why the angst? Like many here, I have a lot to lose as does my family so I am not insulated from the reality of our position. Just follow the news and hold your nerve if you can. No point in playing the man, play the ball ffs.
Well you certainly won't Surfie. Keep talking it down though with your disciples. You are doing a great job. Matty hasn't lost - he hasn't sold.
For serious investors - nothing has changed. We should also be receiving £136k from the 737 up front payment. I am hoping against hope that we do not draw down from RF. Hold on if you can.