Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Anything less than 1.2 is a bargain. Todays RNS is an excellent one! Next stop 1.0 which i hope to see this afternoon
Gla
Nice consolidation day today, expecting a gradual rise to 1.2p come Wednesday. GLA
Several heavy buys going through as sells (13.20 approx three £30k+ trades made, two appearing as sells!).
Expecting another good day tomorrow.
Gla
Strongly disagree. I see 3.25p by end of Jan 2020! This share has slumped on the end of positive news, all of the recent RNS's have been nothing short of excellent! It's only a matter of time before warrants are flushed through at such a depressed sp and the bounce happens. Resistance at 2p but ROCK has a tendency to fly when it gets going
A part of me thinks GR may well have the last laugh here! A midweek fundraiser for end of week EPO sign off? Zimbabwe are going through various economic struggles, a generous "cash donation" may well clinch the President's EPO signature. I think this sudden drop in sp is linked to something a lot bigger than a lot on this board may think
Patiently waiting for the Circum liquidity event for obv reasons. If this does not materialise by late Jan at the latest then bye bye Prem
MM's have done well this afternoon...appears as if they've managed to suppress the sp to fill a big order. Next phase should be up come Monday
MM's defo holding this back, my earlier £7k buy trade is down as a sell....
Price Monitoring Extension again
Looking good for this afternoon. 0.15 close imo
Very exciting week ahead! GLA
An RNS is overdue. Taking into account the current momentum of prem, this is likely to be positive and thus drive up the sp. The EPO announcement is due anyday from now however one has to be patient considering how long these beauracratic matters take in Zimbabwe.
The Presidents visit to Russia today will certainly drive foreign investment into the mining sector
Some hope for shareholders - MA's proposed possible 5p bid was tabled prior to DEBs BOD announcing it's refinancing plans. I believe he has the legal right to table a bid for the company outwith Administration. My instinct is SPD will announce a legal challenge to DEBs adminstration allowing him time to bid for full control. I hope I am right and that long suffering shareholders can walk away with something.
Gla
I believe a bid is expected tomorrow morning. Would hate to not be holding come market open tomorrow.
5p.
Gla
https://www.thisismoney.co.uk/money/news/article-6867735/Mike-Ashley-secretly-fires-raft-bullying-legal-threats-bid-seize-power-Debenhams.html
I think Debs BOD will squeeze MA to reach an agreement on 7-10p a share. If MA didn't go in with his gung-ho approach, he may have picked Debs up at more favourable terms. Gla I anticipate 5p Monday close
I strongly feel this is an important week for DEBS. I feel DEBS BOD are close to formally announcing a restructuring plan with lenders and declining MA's proposed loan.
Sports Direct are concerned this may happen as the DEBS BOD are sidelining them from talks and negotiations.
Could this mean a Sports Direct takeover bid may be imminent?
Those who've exited DEBS today may bite their fingers come end of the week...
https://mol.im/a/6796607Debenhams own £603.7m worth of property - More than double it's net debt...Hoping for a sustained rise in sp in the coming days