Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We all knew more and more variants would come about, on one hand we return to wearing fce masks and so on. On the other hand this is a excellent opportunity for an RNS stating the trials have been ...% successfully and we are selling one dose for £..... . I think governments will chew our arm off for orders. Nows the time to announce what's happening for SP to take off.
Here's to hoping!
Hopefully trial results are coming in soon because the SP needs it.
Like I said a couple months ago MGC is too little too late, also said there's competition in the treatment of covid with to be honest I can't see us getting anywhere near 5p now before Christmas. They've dragged their heels on tests and kept us out of the loop and look what its done to the price. As stated too little too late. Hopefully something else comes to fruition. I'm only going to hold now in the hopes of reclaiming a chunk of my losses.
I have great faith in the products MGC are producing especially with the covid aspects they are tackling.
But to me it feels a little too late they've had nearly two years to get through multiple trails and tests. I have this feeling by the time CimetrA is out in the wider public it will be too late and pushed aside by competition or by the reducing cases of serious Covid thanks to the vaccines.
I still think we could see 5p + in the new year but only if they get it out this side of Christmas rather than sometime next year.
Don't forget their upside is the result of a great day our side :) but fingers crossed for another great blue day.
How old is this we're awaiting phase 3 results at the moment
I think once you realise you're just a small fish in a huge ocean of other players with the means, money and ability to basically rocket something, creating a huge spike and then just selling the profit allowing it to crash back down. It is all about time and patience but it's also about taking shares away from them reducing their ability to manipulate it much.
I think the tests got delayed till September or I could be wrong
I did say the other day it will go down from here. Now all the bandwagon of the quick money making hype are selling up and leaving will probably go to where we was before. Yes the RNS was good news, but after all its just a contract with numbers to match for the payouts.
Give it till the end of the year and I think we will probably see 5-8p dependant on the phase 3 trials for the covid treatment. That's what we're banking on. But even then it's too little too late, if they had of had phase 3 completed last year in the height of desperation of covid we probably would of seen 10p+
Wouldn't hold much hope, MGC was 14.5% down on the Australian market today. I'm miles down so I'm just holding out to break even :)
Oh yeah there is no denying it is excellent news for us all. But I'm on about the people joining the bandwagon because they see something over 10% up in a day is all. Natural dip after people cash in their winnings.
I've been here for months now since the last hype train came through and held out, ultimately ending up way down but hey ho, and I'm more than happy to wait for the next few hype trains to pass through until the golden train comes. As for those who just bought for the hype and are now sad it's dipping welcome to our world haha.
Great find, This basically says the product works and could deal wonders if sold mass market. Looking forward to phase 3 trial announcements!
Yeah I do , I think they process an order in a big pot, so yours and others get bought at the same time so they can spend less on transactions. It's annoying I know.
Here's to hoping
I agree this stock wont turn heads or make us all rich in the next couple weeks or even months maybe. This time next year I dont see why we couldnt be looking at 10p if all goes well in the trials. Covid is here to stay like the common cold. Always more lucrative to treat an illness than to cure it.
Think there is more volume being sold in small numbers, than there is in the bigger number of small buys mate. To level out we need someone to come along and put some huge chunk of money in it.