Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nick looks genuinely so excited for the next few years, does give confidence that this could be a multi-bagger.
https://www.proactiveinvestors.co.uk/companies/news/943848/ferro-alloy-resources--set-for-expansion-after-sealing-deal-with-former-xstrata-boss-mick-davis-943848.html
Unfortunately with Greenland on lockdown there's not much else to talk about until they get the assays. They must be assaying it by hand for it to take this long.
I don't get how this company can have a market cap of £127m whilst having a project which they are about to embark on valued at an NPV of $2bn? Even if the calculation is 50% accurately it is still massively undervalued? This is before even looking at the profit from current operations.
Cheers ROCKLAWN and Momentum, seeing your name I think it was you, thanks for the tip!
My info is out of date as just started to look into this today. Going to start monitoring closely and topping up where I can. Wish this holding was switch with my other (Alba Minerals)!
Heard about this from someone on the Argo Blockchain/SYME board (can't remember exactly!), done some research an seems like a very low risk high reward investment, especially now Mick Davies is on board. Gutted I did not get in this earlier but hoping for some good gains at 41p entry.