Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I’m pretty sure this is just the speculative rise before results that have helped churn the overhang.
We still need decent results to push this the rest of the way. Without news we will probably start to drift down towards the 0.24p region again.
The long predicted speculative rise before results. Hopefully they will be good enough to throw the life savings at.
Hi folks, i've just stumbled across this and i'm quite new to industry, but it sounds fairly promising. Do we have any idea for stages the company needs to go through as well as any sp estimates?
The fundamentals look favourable.. but i'm a novice with this so....
any help appreciated.
If I woke up to read this, i'd throw my life savings in and consider my retirement options for two years down the line.
I think the best thing to do is to set expectations low but economically viable based on current commodity prices. A find is a find and should be enough to get it this moving.
High expectations may cause disappointment if the results we get are only good results, which really doesn't make sense.
Cheers Apro, I was wondering if there was something further implied, that I may have missed. Really its an indicator of we hit mineralisation, now we need to build confidence and evidence that is economic . In other words... don't count chickens before they hatch.... as we haven't got all the data yet.
Can you elaborate for me, I thought infill drilling was just because of the presence of mineralisation, which we know anyway?
:S
I don't think we'd go down much as we are currently priced on the basis of not having anything but speculation to go on. If we find something, we go up. There's a lot of chances to find something across all the property owned under the GWMO banner. I suppose at this current price, all we need is one.
The RNS from the 20th May states the time frame the results was the end May start of June, I think to keep things reasonable we should add another week or so due to unforeseen delays. Currently working on two weeks for drilling results.
It's not a long wait now, and BH has been quite prompt so far.
According to the drilling update, its nearly time for assays. I reckon some time in the next two to three weeks as I want to allow for any small delays. Other mining stocks I'm watching have experienced delays lately, while this team has been prompt with updates and ahead of schedule, assay results are out of their control.
Managing expectations and what not, aim shares like to go down when expected news doesn't arrive.. regardless of what the news is.
Just had a quick skeet at the Annual report, page 40 has the directors remuneration, they received EUR176,768 collectively with an average of 5 directors to split that between. I think the people in this thread probably earn that..
I reckon we will at least have mid to high, there must have been a discussion as to why they wanted her, and she must have seen the potential since she agreed to join the company.
now*
The story hasn't changed, we are awaiting overdue assay results and every day that goes by a little more confidence is lost. CB has been muzzled it seems. However in the last month or two we seem to have increased our strike area and not 2mt seems like a conservative estimate on what's in the ground.
I'm a little stumped to be saying this, but I think sending Riseagain and Alyhels into combat with the management isn't a bad idea, it could be a bit of a kill two birds with one stone scenario. It will let BH and the crew know there are some investors keeping a real close eye on their movements with a lot of distrust, and it will hopefully alleviate their concerns over management.
Since I probably won't attend the Investor meet, a question that may be worth asking could be... Why did they take on a director from Greatland? Are they are aware of how this could be perceived by shareholders.
Given the speed we are moving at, does anyone think a 2 week turn around time is reasonable for RH? We are also at the start of assay fortnight now. GLA
Since it’s not far off and is the next target, what’s everyone’s thoughts and opinions?
Would rather a sensible discussion btw. If you can’t say anything worthwhile, don’t bother.
Agreed Max, I still want another top up!
Any time towards the end of this week I'm expecting a speculative rise to start.
He (BH) has been pretty punctual so far, actually he's plodding on ahead of schedule and under budget, so it may be time for a speculative rise soon. I don't see the SP being kind enough to go back to 0.2198p for my sakes now. However since it's red, and a red day, I can only imagine that this be accused of being a drop soon.