Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good luck Unexpect3D.
Like you I’m also relatively new to all of this. I’ve done masses and masses of research and I can say with confidence you have chosen a good one to invest in.
As you’ll probably find with this one it’s just about biding your time and the rewards will come!
I’ve found everyone on this board very helpful as well and share some good knowledge and insight.
Tobin, HL has said in recent interviews there is plenty of interest. He holds a strong deck of options so interest is not just pre covid at all.
The numbers provided speak for themselves and the project is continually is getting derisked due to how thorough the BoD are been which is only generating more interest from potential buyers. Funding will never be an issue.
Yes there will be some dilution but I don’t envisage this been anything significant to hinder a very strong return.
I saw this on another forum
“OCP have a lot of the surrounding land and are obviously a massive state owned company, how come they have let Emmerson to get so far, with the potential that they might have to buy them out for hundreds of millions? Why didn't they do the explo etc themselves? Risk aversion? Lack of information or expertise?”
This may have already been answered in posts a long time ago but I couldn’t find any answers?
I do think a deal will be struck for Intu to be given time. I just don’t see the benefit of letting them fail in this current climate.
I think I’m the next two week you’ll see a significant change which I do think will be a positive one as opposed to a negative one.
But I do see why it is deemed very risky to have your money in but this will come good in the short term at least.
Completely agree.
If he can basically get to production and show all what he has said has come to fruition to buyers that is much more of a sell because it’s real. I think if a takeover bid came in beforehand it’d have be something very very special. Maybe OCP to partner and provide funding to get it to production phase and then a buyout once production ready?
Does anyone have any feeling at the moment on where SP could be should HL take it to the production phase?
Agreed the on the call HL mentioned 17-20+ on different assessments. I think he’d even be happy to just see it hit the 10p+ mark.
However whilst they are where they are I will definitely be tipping up.
Totally agree, all invested now it’s a case of been patient and see in 18/24 months time.
Yes I think that he’d very much like to get it into production then sell as it sounded like it’d benefit us all. I guess it’s because then all the work is done and you can say right we have this up and running come in with the right money and you can take this golden nugget that will yield you results year on year
Again, very thorough, honest, direct and seems to have a very strong deck of options. Really worth having a watch.
I wish they’d of touched on why the market cap is what it is, delved into share figures a tad more. But other than that great interview with plenty of detail.
Thanks Sean.
I’m doing everything to remain level headed as it’s easy to get carried away for sure. HL is just someone that the more you listen to the more you buy into him. All has been done incredibly thorough on his side and the numbers provided fit well.
Funding and the permit should be secured easily enough based on the findings/ information.
It’s more now about been patient which is something new to me!