Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No cash needed. They had a small debt last June results of 6.3m which is getting reduced. (Previously from 9m)
No not a huge mover but a steady mover. Everything has been slowly falling into place with ctp as shown by the steady continuous upward movement of the sp.
bod predicting 40% growth each year (which would double your money every two years). Going to introduce a progressive dividend this year so there is plenty of room for growth to come still.
Only downside I see could be a possible retrace from £1.20 as it hits top of trend line.
Advfn are pretty good at giving the correct figures. Lse are often wrong, a year behind and often missing RNS reports sadly.
But lse have the joys of the define chat!
Wow just checked charts to find date of my first investment. Charts don’t go back that far so I’m guessing early 13 or possible 12. Bought somewhere around 12p before first rise to I think was 35p. Then saw retrace back down and took my money at 34p while it continued to 95p.
Been in and out regularly since.
More bad news on the way as 21% down today. Has a habit this share of leaking news.
Lol well you’ll be surprised the info you can get from a taxi driver!
Good to see sentiment turn around again. The sp has become rather predictable with the absence of a major contract. Still, if wsg can be profitable without a major contract then it really becomes worth the hold. I wonder how Oman is coming along?
Another well to add to the value of sdx. All adds up. Been a healthy retrace back in the sp and good to see it bounce at the 51.5p level. Next step up should see sdx approaching 80p.
Boom is not likely to be profit making this year and I don’t think it is expected to be. I do think they expect it to be the following year or there abouts and they have fundings to cover themselves to that period. I agree with lossingless that at the moment this is about expanding as quick as possible to become the leader in the field.
Now this has made me laugh. Still paranoid then? Don’t know who 42trader is but certainly has made me laugh. Taxi is good thanks. How’s the soap?
Encouraging to hear they are working hard to get more feed stock. Nice idea if they can recycle oil directly from supplier and sell back to them. This at a premium price which in itself could put of sales. Increase in July production but still going to be down overall in H1. Australia while smaller than Canton is struggling to get production from lack of feedstock. Lack of figures, which is not unusual for an update but does not promote confidence that HYR come next results will be profitable. Overall it would be more promising if HYR was already making profit. Where talk of ideas are good deals need to be struck to ensure financial security.
Don’t average down here. It is not likely to shot up for a while and your average is probably not too bad at the moment. Be patient and see what happens. I think a lot of people expected a quick buck here and I expect a few listened to people on the board shout way over done. Do your own research and after all that, only then read the boards. Use common sense. You won’t always get it right but you will do better than just reading these boards. The company is not all bad. It is growing and potentially could be massive. Whether you hold buy or sell all depends on the size of your holdings and how soon you need the money. Anyway, best of luck to all
Very interesting though.
By adding personally as well as through his company it hints he does not have unlimited funds and could not of bank rolled the reverse take over. But it does suggest he is very confident in boom. Time will tell i suppose.
No, total holding of 22%
Nick Candy must be confident having increased holding via Candy ventures sarl to shy of 20% then buying boom personally to take total holding to over 22%.
Been too good a rise recently for me to not take my cash out now. Could quite well go further but I do not think it will get back to previous levels before tax issues until the issues are sorted and the company did mention this will be on going for the next year. So going by theory it can only rise so much before tax sorted, and having got a 50% rise, I’m out. Good luck to all still holding. The bod have bought big amounts here over last year so they are pretty confident. Should do very well when tax is sorted out. Gla
Nice profits.
Well 2x holding rns. Blackrock and Neptune dumping the extra shares taking the sp below the 87p mark. Hard to tell if this will go any further down or if this is now the bottom allowing previous non holders to buy in cheaper than those that have had to buy rights issue shares.
Ma5k, as cuddothisnow says, and also in the rights issue rns, the terp, or theoretical ex rights price, is 87p. So, buying now is cheaper, slightly, than buying the rights.
56p is probably very unrealistic, but a lower price is possible.
Any holders who would not of wanted to invest more would be daft not to. But for those not wanting to invest more, then to be sensible they would take the rights issue then sell those extra shares they bought.
But who knows. Im an opportunist and have now set an alert for 70p. I have bought in now, but will add if a drop happens below 70p.
Lets see if the share price drops to 56p or lower. That being the issue price. I have this on my watch, with 120p, but with the rights issue i have now lowered. Hopefully a real bargain price may come. The bod bought quite a few shares around the 150p area so even with the issued shares they will be down still.