Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
TT..... I presume you are referring to the Zahid Ali TR-1? And yes, i was aware he worked for GSK some 10 years ago, but unsure of why this is suddenly relevant to today's RNS, share price rise or presentation, which does not appear to include anything fundamental, or any reference or association to his current or previous roles or companies?
Just wondering what basis peoples consideration of a big rise again tomorrow are being made? I cannot see any fundamental change in the company today, other than they are doing a presentation. The comment about Covid in the RNS has sparked a big reaction, however there is no mention of Covid-related modelling or research in any of the presentation slides? I got spiked in this in the rise to 30p a while ago, and sold out at a notable loss.... bought back in earlier this year and have been averaging down over time and managed to exit today with a small profit, as didnt want to risk another spike. There seems to be high hopes for tomorrow, but i cant see anything fundamental - happy to be corrected? TIA
I struggle to see where the incentive lies for taking up open offer shares to raise funds when the open offer price at 3.5p /share is higher the current share price? My understanding was that an open offer is usually at a discount to the actual share price to encourage further investment? Am i missing something fundamental here or is it simply that the company does usually trade above the current price due to the Covid-affected markets?
Evening all,
I have maintained a fairly neutral to slightly positive outlook on the whole debacle so far, and am just trying to catch up and make sense of the latest developments....
Can someone provide a quick summary? Now it appears the arbitration has been ruled, can the BOD break their silence? Or is this a different case? Do we think this is goodbye to FRR and goodbye to all of our investments? TIA
2 x RNS out re: significant upgraded reserves estimate, and placing.
The silence here is deafening..... meanwhile the share price continues to trickle away. We need this CPR to hurry along and hit hard to inject a bit of life back into his old dog... along with a Coronavirus vaccine....
I think this is the quietest i've seen this board! No positive market reaction to the additional value created by finally getting SD online, which was what a lot of LTH's have been waiting for and now despite the progress made, and promising drilling campaign ahead, a couple of weeks without news and the share price is starting to trickle away again with continued and sustained sells coming from somewhere. Would love to know where the sells are coming from and the motives for apparently keeping this pegged back to the low 20's. I imagine a lot of LTH's (myself included) are still underwater at these prices, and can't get my head around why we are not considerably higher share value given the progress and financial position of the company. Whilst i am pleased with the removal of PW from the BOD and the milestones successfully promised and reached since then, i really feel it is time that the company start to try and push this on a bit, to generate some more interest and awareness of the company fundamentals, and return some shareholder value. Given the success, this should be creeping back up toward previous highs, not trickling away to previous lows. Come on SDX!
Excellent news this morning, really positive findings from this appraisal well, and excellent progress in getting this well to TD in quick time! High porosity and increased thickness compared to anticipated/ analogous wells, and at a significant step out from previous wells is indicative of a good quality reservoir over a decent area. Now we wait on flow tests etc, but all pointing in the right direction for a further increase in reserve estimates and resource volumetrics, hopefully to be further proved up from the next Tambak drill in the campaign in due course. Hopefully this is the start of a period of increased news flow and hopefully, with continued good results, we may even start to see an increase in interest and MC and a realisation of the value here in the SP, after a prolonged period of stagnation. GLA LTHS.
Good to see that the rig and kit is all in place within program time, and drilling spudded at the Tambak-2 well. Look forward to more updates in a month or so once they reach TD.
As usual, SP seems to have dropped on news of the spud. Good old AIM.
Just wondered whether anyone attended the AGM? Been mighty quiet on here since! I've looked through the presentation and looks ok albeit some fairly lengthly timescales - but that is to be expected with the potential size and significance of the prospects (and because its Empyrean!). If anyone went to the AGM, what did you gleam from it that the presentation doesnt give? What was the general vibe like?
Having held Lion/Tally shares for a good while, I have finally got round to giving my full support by registering for Tally. Love the App, all very simple, slick and quality. Ordered my card which came yesterday, just in time for my trip to Croatia tomorrow. How long is it taking for Tally credits to appear?- i have done a relatively modest purchase of Tally this morning for some spends to take with me and test it all out while i am away. Like many, desperate to see Tally progress with a relist, and some much-needed comms would be appreciated from the company. Even some info on initial uptakes and reaction would be nice in the meantime. I am confident this will do well, but we (shareholders) need to start getting something back from the company to recognise our support (and stress)!
Thanks!
Thanks CheckOut!
Can anyone point me in the direction of the RNS reach system? Where do i find this and is it a free service?
Both of my main investments (FRR and LION) are now de-listed.... not my finest year and absolutely gutting on the face of it, but both de-listed under unusual circumstances and i still ultimately have confidence in both companies, and that one, if not both will be coming back to the market in due course. In the meantime, a way of receiving their RNS would be great :-)
Can anyone point me in the direction of the RNS reach system? Where do i find this and is it a free service?
Both of my main investments (FRR and LION) are now de-listed.... not my finest year and absolutely gutting on the face of it, but both de-listed under unusual circumstances and i still ultimately have confidence in both companies, and that one, if not both will be coming back to the market in due course. In the meantime, a way of receiving their RNS would be great :-)
Have to say that this board has properly gone to sh*t over the last few weeks. Used to like the balanced views, pros and cons, now it resembles a 1998 AOL teens chat room. I know the pressure is getting to everyone, and whatever the outcome some people are going to loose big. I still have faith this will be pulled out of the bag, along with the other genuine investors. Traders and shorters will always be around to make their money, but no excuse for the apparent colluded underhand games seemingly being played. I've just booked a snowboarding holiday in a couple of weeks, so I've got something to look forward to regardless of the outcome.. but fingers crossed after the next couple of days I can do it in a more relaxed way knowing my investment is still on track, and hopefully see this board return to better form. Good luck to all us investors.
No problem Kenco, I have a reasonable chunk in this, as have my girlfriend and a couple of friends (On the back of me making them aware of the company). I got invested on the back of both the gold mining and the fintech side of things, and think this really has got legs. Like you though, I was concerned about total loss following delisting, but am feeling much happier now, and will be able to enjoy Christmas and look forward to hopefully exciting and rewarding things in the new year.
I made a call to Lion yesterday, before the RNS's came out, to try and get some answers and reassurance. I was told I would get a call back later and initially felt it was a fob off. However i did indeed get a call back yesterday evening at about 6:30pm from CP himself, who explained they had a busy afternoon getting the RNS out, and wanted to wait until the info was out before talking to me. Have to say, I'm reassured by the fact he made the effort to call back after the effective delisting, and found he came across as very genuine. Was interesting to hear from the horses mouth what has been going on, where things are heading, how much passion and drive he has for the company, the new product and the optical of the gold mining activities. More importantly he obviously had an awareness of the importance shareholders have to the company, the support they have provided to date, and seemed genuinely keen to ensure that this works out for everyone, at that relisting on AIM in Q1 is a priority. He also emphasised that whilst the plan was never to delist, that they have had to work with it the best they can, and thinks the it will overall play out as advantage to a low them to progress with development with delays affecting share price. I am now feeling much happier and feel genuinely reassured that things are heading in the right direction, and am happy to sit tight and wait for the Q1 relisting, rather than stressing about it for the next few months. I hope I am non proven wrong, but my judgement is that all is good, and this isn't a BOD about to disappear into the sunset with our investments. Impressed with the effort to speak directly and openly with even a relatively small shareholder as myself. GLA
Can anyone clarify what last night's RNS means? Is that a relisting confirmation?
Rasmus, i got a similar response from IG regarding the shares i hold in my general trading account.
Eyes on the prize, such a project has huge potential, and despite the doubters, i have faith that the company will relist as planned and hopefully we will reap the rewards in due course.