Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This is probably why :
https://markets.businessinsider.com/currencies/news/bitcoin-price-double-spend-flaw-critical-report-suggests-2021-1-1029990921
Agreed. No chance of 50p anytime soon. Probably hit 35p by the end of the year if lucky.
Average down if possible. DYOR IMO
MMs have been supressing the sp even though the drilling results have been very positive.
Estimates have been bounced around on the volume and grade of copper in the ground however there has been no clear valuation given hence the reason for the cheap sp. The only indication given by NvS from a major is "These are the best exploration results out of Africa in the last decade" interview link: https://www.youtube.com/watch?v=9zUk0ppGixY
At the time of this interview the sp was circa 3p. I would sell at 28p. DYOR ,IMO
Again the same repost from Libero. if Vanadium continue to rise there will be a corelated sp rise however we still need to get news from Fortune for a substantial rise ( re:Eskom) if not the sp will plateau with marginal gains.
Thanks Libero for the recap of the same post which was posted a few days ago. The sp has been on recovering to pre-covid levels and may continue to 30+p due to the rising V prices however i think it will plateau until we get further news from Fortune. #IMO DYOR
Given the historic trend I see this hitting the 20s before a pullback then normalising to a steady trend. Increased vandium prices and more positive news (results) will be required from Fortune to bolster the sp into the 30-40s.
Ofcourse - JMO & DYOR
IMHO the share price will be back to its peak of £85 in the next few weeks. An optimistic trajectory of £100 by the end of the year is highly likely.