Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I read it as an ARBITRATION service not immediate litigation and being externly sponsored is a simple 'no win no fee' approach that is common place around the world since the introduction of insurance policies against costs being awarded against you etc.
Looks all good to me and does sound like their production facilities were being blocked by this agreement and wanted to get on and sign production contracts with other firms who had a drug already to go rather than waiting for approvals etc. Interesting but not earth shattering at this point.
A lot of volatility today so far. Hope this doesnt attract the day traders too much!
My thoughts are just that. This will drift lower until. News breaks, so when is the news likely to break? That is the only share price driver I can see. Personally I cant see anything until Q1 next year, who wants to be embroiled in negotiations in the run up to xmas? My own industry almost stops in Decemver and ABSOLUTELY no one wants to start new project negotiations so they always get deferred to Q1.
I could (and usually are !) wrong but I see myself buying more in the new year. It will be interesting to see where the SP settles, I still think it could be in lower 140's
Just my tuppence worth
I second that
Taken my original investment out (probably too early) but I'm in for the free ride now. Unless they go bust I cant lose......famous last words !!!
I'm with you there. Not getting excited until I see an RNS.
The pattern you mention is spot on and been demonstrated many many times
Well this all fabulous I'm only 50% down now!
I dont trust GR not screw this up. Sorry just saying it as I find it
Not wrong though
No SP support until an explanation as to how to keep the lights on post Xmas when cash exhausted. Why buy today when another dilution or dodgy loan could be announced any time in next couple of weeks which will no doubt knock another 20% off the current trading range. Could easily dip to 0.8s but who the hell knows with our boy George at the helm?
Agreed, just one big con. There has been placing after placing raising funds and currently we have JACK to show for it. Now he wants to spin the assets off with another company effectively allowing for more dilution and further placings You couldn't make it up
Another GR train crash. I sold half my being a few weeks back and am now wondering why I didn't sell all of them ? Something just isn't RIGHT with this company and how it behaves but I suggest it could be down to GR himself
I'm still his holding but only half what I was. Took a big hit when I sold but I have just lost confidence in Prem. Great assets but the wrong team in play. A lot of money has been raised and spent yet we don't appear to have or own anything more than what we started with before all the multiple cash placements. Just very disappointed here.
I can't buy at the moment gone NT
Multi bag......more like empty bag
They are worth didly if we can't pay the leccy bill
Yup still looking at even more losses. He can't progress this company without more capital JV this and JV that but her. Even going to do that for ahead and we still don't have any strategic partners and the one firm he tried to the in with didn't have any money??
I just can't see this going anywhere without another placing. Webinar will be usual rubbish about how good things really are but he can't confirm details as it's still hush hush. .10 is def a real possibility in near future and this pees me off. I would need to see a 200% growth just to break even Poor management all round and poor investing by me
I never promote or denigrate a stock. I am a fairly long term holder (about 18 months) but have to say my faith is being tested. I have halved my holdings here at a substantial loss and that is painful. I'm hoping to claw that back by investing elsewhere and if SDX comes off that my prove to have been a wise choice. The holdings i still have (with another good paper loss) are my dream of the assets being realised. I still somehow can't believe assets like these can't be monetized yet GR appears to be struggling to achieve this? WHY if he pulls it off Great and I for one will be relieved but it's more about my HOPING for this rather than BELIEVING anymore. Just my tuppence worth but GR has to help himself at some point and can't keep waiting for a white knight riding a unicorn to sort it out.
Just sold a good chunk of my holding at 50% loss. Still holding some as I cannot believe a company with these assets can't turn it around...but GR is looking more and more like a bleeding failure
I don't want to dampen enthusiasm for this much maligned company but I don't think we can see a proper turn in sentiment until we get confirmation of the grades that are to be run at RHA and that Zulu jv is a go. Then we can see a rerate with a new floor established and some solid positive sentiment. Until then it will be a traders dream Just my own thoughts