Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://hotcopper.com.au/threads/ann-quarterly-activities-appendix-5b-cash-flow-report.7827031/
Guys sitting on huge profits here-look at ECHO ENERGY- just had some placements which are more or less churned could double or treble in a flash, market cap under £1m.
I did very well out of HE1 buying at 0.195 when I saw Lorna's photo with the photocopier and it was all gloom and dom here.
DYOR
Traders will be looking at the spread closing as well. Currently 10% which is too wide. That would be cured by volume coming in. The current market cap could easily double or treble on volume in a flash.
DYOR
130,000 carats of the sparklies, a conservative price of $1000 per carat is $130m . Current market cap what, £4m? The mind boggles if the parcel is sold. I wonder if our TR1 chap knows anything about the diamonds from his contacts in the mining world?
Dyor
Come on Vast, give us the diamonds sold news and watch this 10 bag overnight IMO. Let’s see if HE1 profits flow here from others.
We need some He1 magic to rub off here. No one wanted He1 when it was at 0.20p last week and now everyone clambering to get in at 1.40p plus. It has gone up 7 times in less than 3 trading days. Would be great if VAST gets some of that magic.
Dyor
I don’t think an ex RIo Tinto guy would be too worried about saving a few bob, was the market price not more or less the same as placing price anyway? Let’s see if he is adding more as that would be very interesting. What does he know that we don’t? And why has he kept the Faith along with the debt holders?
Dyor
This guy https://committees.parliament.uk/oralevidence/4546/html/