Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Like I say Jim pressure. But please don't think this BOD think of shareholders for one minute. Heres some history for you
10 £250,000 in placing at 33.5p
4/10 £500,000 in placing at 41p
8/10 £505,000 in placing at 20P
10/10 £1M in placing at 25P
7/11 £625,000 in placing at 12p
4/12 £500,000 in placing at 17p
7/12 £1.4m Loan Note
2/13 £1.48m in placing at 30p
4/13 up to £5m at prices yet unknown
6/13 £1.18m convertible loan note
7/13 £100,000 drawdown from EFF
9/13 £700,000 drawdown from EFF
9/13 issue of 4.6m shares against the Convertible
9/13 £200,000 under the EFF
11/13 £530,000 under the EFF
3/14 £450,000 EFF/new investor
8/14 £1.25m at 40p
12/14 £1m at 25p and 33p ( EFF)
4/15 £2.3m ( gross) from CULS and EFF
10/15 £1m gross from CLN.
2/16 £475,000 Loan Note to Darwin
6/16 £1.3m from institutions at 10p
11/16 £1.1m from Darwin
02/17 £0.6m from a new investor at 11.625p
04/17 £1m from Beaufort at 10p
09/17 £750,000 from Beaufort at 10p
1/18 £750,000 at 22p
7/18 £250,000 convertible at 10p
8/18 £500,000 raised at 10p
2/19 £500,000 raised at 10p
7/19 £1,000,000 raised at 10p
1/20 £1.75m Placing at 12.5p
1/20 £3m Financing facility
11/20 £5m at 4p10 £250,000 in placing at 33.5p
4/10 £500,000 in placing at 41p
8/10 £505,000 in placing at 20P
10/10 £1M in placing at 25P
7/11 £625,000 in placing at 12p
4/12 £500,000 in placing at 17p
7/12 £1.4m Loan Note
2/13 £1.48m in placing at 30p
4/13 up to £5m at prices yet unknown
6/13 £1.18m convertible loan note
7/13 £100,000 drawdown from EFF
9/13 £700,000 drawdown from EFF
9/13 issue of 4.6m shares against the Convertible
9/13 £200,000 under the EFF
11/13 £530,000 under the EFF
3/14 £450,000 EFF/new investor
8/14 £1.25m at 40p
12/14 £1m at 25p and 33p ( EFF)
4/15 £2.3m ( gross) from CULS and EFF
10/15 £1m gross from CLN.
2/16 £475,000 Loan Note to Darwin
6/16 £1.3m from institutions at 10p
11/16 £1.1m from Darwin
02/17 £0.6m from a new investor at 11.625p
04/17 £1m from Beaufort at 10p
09/17 £750,000 from Beaufort at 10p
1/18 £750,000 at 22p
7/18 £250,000 convertible at 10p
8/18 £500,000 raised at 10p
2/19 £500,000 raised at 10p
7/19 £1,000,000 raised at 10p
1/20 £1.75m Placing at 12.5p
1/20 £3m Financing facility
11/20 £5m at 4p
6/21 £2.5m at 5.7p
Thats 32 placings!
thats a share number increase from 14 million to a staggering 330 million.
Great record that, must say
I thought one of the last placings was to get rid of debt! Just going in circles, debt to equity and back to debt imo.
I actually know for a fact that Peter has been under considerable pressure from the Nomad regarding RNSs ever since they took over. I actually wonder whether he could get one away anyway such is market sentiment regarding the BOD.
Market doesn't believe a word he says, thats the problem. Even if its signed (and thats a big if) the figures he bangs on about will never materialise into actual numbers on the books.
TRUST is a big thing on AIM
Definitely not for every one. But its a fact of life and all around us from the very biggest pension funds to the little man in the street. Its just a different take on a company to a "long" holder.
Unfortunately there a lot of idiots that become very aggressive to short selling because they simply don't understand.
Notready;
not really. When I see mindless ramping and total lack of how MMs work on any AIM stock my ears prick up. Its been largely very successful for me. Not sure why theres such resentment towards it. Its just taking an opposite position to someone who believes the stock will go up.
TOTHEMOON; I used a combination of a spread bet and CFD. The platform I use is not available to the general public but someone like IG Trading is very good. Just be mindful that short selling can be very very risky and maybe run a demo account for a bit first until you get the hang of things
Thats a common attitude TBH Jam.
When you get a minute, have a look at your pension funds. Look for Hedge funds and then have a read. Most have short positions one way or the other without even knowing.
Looking for another trade here long or short should the right opportunity arise
I'll admit to it. Company brought to my intention by a poster on another share as a "buy". Opened short at 2.4 and closed at 1.28. You have to remember Jam, you make money both ways on stocks.