Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A massive overreaction - This was at £6 a few months ago
Fantastic Undervalued Company (MANO) -
The 95 completed cases for the nine months to 31 December 2020 generated a gross total settlement value of [1]£23.9m, comfortably exceeding board expectations.
Gross cash collected from completed cases in the first nine months to 31 December 2020 increased by 60% to a record £9.3m (nine months ended 31 December 2019: £5.8m). After payments to Insolvent Estates and legal fees, the Company's retained share of this cash increased by 60% to £4.8m (nine months ended 31 December 2019: £3.0m). Cash overheads for the nine-month period were £3.2m (prior year nine-month period: £3.0m), resulting in a cash inflow after payment of operational overheads of £1.5m, compared to an outflow of £32k for the comparable prior year nine-month period. Gross cash generation in Q3 of £5.1m was particularly strong with cash generated from completed cases covering not only all completed case costs and all overheads but also all costs of around 250 ongoing live cases which are expected to generate very significant cash in the Company's normal timeframes.
Gross cash collected from completed cases in the first nine months to 31 December 2020 increased by 60% to a record £9.3m (nine months ended 31 December 2019: £5.8m). After payments to Insolvent Estates and legal fees, the Company's retained share of this cash increased by 60% to £4.8m (nine months ended 31 December 2019: £3.0m). Cash overheads for the nine-month period were £3.2m (prior year nine-month period: £3.0m), resulting in a cash inflow after payment of operational overheads of £1.5m, compared to an outflow of £32k for the comparable prior year nine-month period. Gross cash generation in Q3 of £5.1m was particularly strong with cash generated from completed cases covering not only all completed case costs and all overheads but also all costs of around 250 ongoing live cases which are expected to generate very significant cash in the Company's normal timeframes.
Don’t fear the market pull-back...
Instead, aim to turn it to your advantage by holding onto your existing investments and picking up a few potential bargains as well.
Overreaction - this will go back up like a rocket.
Look at what happened to RR today down 15% and back up again.
Fantastic Undervalued Company (RMM) - Copper price is going up.
@ MouseByThetail -if you dont like the sell up and leave - stop deramping and scaring the investors
Back up 5% like a rocket - tree shaking
I always say to myself "Don’t fear the market pull-back..."
Instead, aim to turn it to your advantage by holding onto your existing investments and picking up a few potential bargains as well.
The RNS was a great update today.
WOW... back to 0.40 - This is what I call tree-shaking
This is back up from 0.37 to 0.39 matter of few mins.
This is going to be like my Rolls-Royce buy at 88 pence and now at nearly £1 in a matter of few hours.
Well done to all who bought a 88 pence.
It was a bargain.... already up to 12%
The market makers are dropping the price to take out all the weak sellers. You will see them rise the prices in no time.
Fantastic Undervalued Company (RMM) Great copper producer.
Grab yourself a bargain.
People are mad to sell at this price because this is going at 2 pence soon
MM holding the price back.
Volume: 175,661,079
The price is shooting back up again.
grab yourself a bargain
I just can't hold my excitement back.
Excellent RNS - this doesn't need any ramping.
We have left the 0.42 station - we are here at 0.43 - load up again.