Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
From the article -
"The optimism and momentum in heading towards the spud of Charlie-1 has seen the company share price more than double to a much as A$0.026 off its October low of A$0.012 on the ASX, and from £0.16 to £1.4 in London."
Never really been one to try and predict the sp, but still amazed how low this is right now. Yes I know we've had a CR, but just doing basic fag packet calcs and we're around a 3rd of where we could be EVEN if you were to half the potential mmbl find figure and cut the profit per barrel to $1. (Estimates are min $3/barrel)
So I'm thinking our current sp is ripe for a takeover if we hit a commercial find. Even if the sp doubles we'd still be very attractive to a buyer.
Sorry, I cant come in. Had a power cut last night and the car didn't charge. Sorry babe, I cant come home, some idiot unplugged the car.
The whole infrastructure is not there for full electric in place of every petrol/diesel car. And it wont be in time for the 2035 date given by BoJo.
Plus...how would they ship the parts and cars around the world? Or are we going back wind powered tall ships?! No.
Besides, BoJo wont be PM in 2035 so theres plenty of time, and future PM's to scrap that idea and date.
Indeed. But what his beloved a-line didn't tell him, or indeed factor in, was that a CR was about to hit.
Am I right in saying that many many many people have said to him before that in a share like this the T-Line is obsolete due to the fact an RNS can drop at anytime and blow whatever chart he has out of the water??
Anyway, despite the CR happy to see the price hold up relatively well. Only good news now I think as we head into the biggest drill of 2020!
Tsbs/Lebugue - there is no mention at all of an 'unsolicited' anything in the RNS. That has come from someone claiming to have recieved an email from DW today. If that email is genuine then it contains sensitive info regarding the potential CR and should have been disclosed in the RNS. So I doubt very much that the unsolicited story is anything more than a story.
HNY all.
Been an amazing couple of weeks with the herd finally arriving and FOMO kicking in. Wouldnt be surprised to see a flat day, or even a small drop of maybe 5% as we see profit takers and top slicers. Then another push next week into the 1.5's.
Patience starting to pay off (I hope). GLA