Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Very positive βΊοΈ indeed, and yes the agreement is much better than most expected, me included of course π
Time to finally move forward with a bit of cash in the bank π¦ too....
Friday's were always positive day for us and I suppose today will not be any different.
Have a good π one guys.
Picked few more now after the initial rush hour for 5.40p.....my average is still high enough of just above 8p but I am confident π enough to see that smashed sometime in the fast approaching 2024.
GLA.
He is basically pointing π to the reason why us regulars still holding the shares.....
I think (and hope....)we will see the SP starting to move north early in the new year and following positive news it should properly recover.
GLA.
Undervalued =basic maths, if a major investor put 3.75 million for just just above 26% than the company valuation should be nearly 4 times that sum ie above 14 millions as opposed to the current valuation of over 5 million......
True its not that straightforward but it's still means that plenty of room to adjust the current MC.
Agree it doesn't make much sense to sell particularly after today news,however those sellers still more than doubled their investment as they probably bought in at 0.20p.......otherwise I am fully agree, it is crazy indeed π
Hopefully they know why they so happy to pay nearly 3 times the current SP for over 26%
of the total share capital......
We should find out ourselves soon enough.
2024 is what was supposed to be 2023,let's hope so, we waited βοΈ long enough.
Cov,you are not silly and definitely not the only one down here......
I have been long long time and my initial stock bought in the lower penny's long time sold π.....of course newer batches bought and sold during this long journey however, my latest average of circa 12p is as you can see is pretty much under......with the longer term in mind and still much faith I am continuing to buy when I can in the current slump.
Hopefully this will earned at least the same rewards as my previous purchases....eventually.
Good luck π
If the revenue expected from the latest few marketing deals will come anywhere just near the potential the current valuation will be totally smashed......true its only still if, but in order to win it you must be in it.....
I am IN.
GLA.
This company has huge revenue stream....get your spending in order ie sell non core assets and get tight control of your staffing levels should help balancing the books.....
Folks who took a punt yesterday morning in the mid teens stand to double their money in no time really, π IMHO.
Keep some for a year or two potentially could earn you much more.....
Good luck π whatever.
Nearly 50% rise from the bottom today....so far anyway.....good luck guys if you taken this early birds opportunity π
Daily trading already can bank handsome profits (which is never a bad move....)
But don't forget to live some for later π, and I mean longer than tomorrow or next week....
GLA.
As pi nothing we can do about it...EXCEPT to try and take advantage from this current silly valuation.....I know all about the normal warnings about the danger trying to catch a falling knife πͺ etc.....and of course the risk involved but at the same time this is the kind of example for huge opportunity if you are looking after a time frame that a little longer than a day/week/month......
As such added few more to my initial punt bought on Friday.....
GLA.