Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No!! very odd.
just noticed that two biggish trades have gone through but now you can't get a price to sell anything. Bizarre. Whats going on behind the scenes with MMs?
With all that selling we are not really down. traders ditching for the next big thing. Those holding will be well rewarded in my opinion. You could argue that price still above 3p end of day.
Lots of balls in the air re funding. We should hear something very soon.
Indeed!! Not the excitement we are all waiting for. But I'm convinced we will be smiling by the end of January. Seller gone and good news should drive us straight back up imho
If you are talking about Casa holders we are not selling. For a start we are locked in. But more importantly those of us who invested in Casa two years ago are looking at much bigger gains before we sell out!!
Absolutely. Should be very exciting when it drops!
Always nice to see the first week set a positive tone but I think best to draw a veil over this week!! We are in the middle of a huge bull market and clearly one or more investors/traders have decided elsewhere will offer bigger rewards!! I hope they regret their sales!! Come on - let's light the fuse and get PPG motoring. GLA
Director buy seems to be pushing it back up nicely from lows of 1.6. Target at least 4p where it should have stayed after last results!!
We will see!! As far as I am aware there is no sign of bad news. Just end of year dumping by a few traders. At 2.2 this has to be one of the companies with the most outstanding chance of doubling your money on AIM in January let alone rest of 2018
jolly well hope so. There are so many hints in that RNS as to what is coming that selling now seems the most bizarre thing to do. Not only have we got planning for two gas sites but to go ahead with an application for the auctions implies heavily that funding is sorted. Now add in the six further planning applications and then all the sites with planning and capacity mechanism - I quote - "PPG is also in advanced discussions regarding the purchase of further sites with planning, that would be fast-tracked to commissioning. The various gas sites in the pipeline will be built between 2018-2019." This is humungous!! Far from being a small defensive utility this could gush like an oily but with secure assets behind it.
Whe fcuk is selling on news like this? One seller constantly for weeks
Unfortunately ppg seems to be completely off the radar of most small investors and pis. This ought to start changing with announcements like this. With Rockpool sites earning were too invisible . With only 45% ownership of each spv Plutus cannot legally show income directly in their own accounts . However with the gas sites at 60% this changes. What investors do not realise is how quickly this will all happen. Note that this RNS again names 20% from a big six utility. If, as I suspect, this gets firmly announced and we know who that backer is, the share price should take off.
The meat of this RNS is actually the indication that plutus are in advanced discussions over multiple sites . They talk of 6 sites in planning but even more significant is the news of sites already with planning that they may acquire - advanced discussions. We seem to still have the ' big six' player involved "; it is envisaged that this figure will significantly increase during H1 2018. PPG is also in advanced discussions regarding the purchase of further sites with planning, that would be fast-tracked to commissioning. The various gas sites in the pipeline will be built between 2018-2019."
around 3.45 some unusual cross trades and serious amounts. Difficult to work out what they are. Must be some sort of worked trade. News?
Much more trading today meant there were buyers and sellers around. Some selling before news. Others taking a position before a game changing RNS?
Exactly !
noticed when looking again that these were pre-qualification documents and as such will not fully reflect current position. my hunch is that Plutus will have more than 2 gas sites going in for the T 1 abd T 4 auctions plus all 9 rockpool sites for the T 1s. 5 rockpool sites already have 15 year contracts fromT 4 auctions in previous years
Just been looking through the capacity mechanism pre auction document. There are two listed under Plutus Powergen for gas sites in Letchworth. https://www.emrdeliverybody.com/cm/home.aspx . Look at the TR-1 document In order to do this they must be close to or have planning and funding in place. This is very exciting news and the market has absolutely not priced this in.
So finally a big buy today with someone buying over 1.5 million shares . Maybe we will hear of more after hours. Looking like we could finally break up towards 3p and above. Much more liquidity on AIM This week which bodes well for us!