Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Gabriel - would this II be reported all at once then when it’s gone through if it is? I ask but the sceptical side of me just thinks it’s low volume that means the price isn’t moving.
With regards to restarting lending - I personally think it would be a big missed opportunity if we aren’t ready by early December, and surely GJ/BoD know this too. So I think with their statements about relending before year end, and timing of backlog of complaints by end of October (maybe this slips a little but who knows because they haven’t told us anything yet!), it’s not unreasonable to think we should be ready to go before the end of November, maybe sooner if we’re lucky
Yes probably not much read into this new position - could be someone leaving that needs replacing, could be beefing up by adding someone, but in any case probably nothing to it since it’s a normally required role. Certainly don’t think anything negative can be taken from it IMO.
I’m trying to think if there would be any real signs or giveaways (apart from RNS of course) that would indicate restarting lending would be imminent. New roles in origination, tv/online adverts, other website changes are things to look out for too. Maybe we just won’t see anything until they are ready to pull the trigger - personally I’m hoping for end of November if it’s not too optimistic.
Let the blue days roll on then guys! Fingers crossed, been sitting here for a while in the red a bit.
I know the obvious catalysts that should propel this up, may have got in a bit early but am sticking with it until the news comes out. Would absolutely love to see a return to lending ASAP but in any case before Christmas - would certainly show the FCA are happy enough with Amigo and would start the new income stream from a sustainable lending perspective, this time with fewer/no issues going forward.
@ns20, care to share any of those patterns you’ve been witnessing on L2 so I can keep my eye out for those?
Haha ok it wasn’t bad... the whole afternoon was very blue today with some good sized buys, and the large 1.5m one as well so we should take the positives out of that! May be the start to sentiment turning around, who knows. I certainly hope so
Terrible ns20, miles out! ;)
Would’ve thought that could’ve bumped the price up a bit more...
That’s a big punt from someone, let’s hope it’s a precursor to some good news coming
Good luck everyone as always
That’s the plan Mark, picked a few things up today, wider market may go down further but it’s always going to be up and down with positive or negative Covid news..
Happy holding here for a bit though, through this vote and then hopefully positive news re. FCA/complaints in Q4. Good luck all
I wish I had more to add soundsrisky, it’s holding well given the market fears and I like how it bounced off 10 well so hopefully a support there
.. this week all, got my votes submitted to HL so just waiting to see how it turns out. Hopefully a firmer start to this week to kick things off
Hi all, interested to hear some more thoughts on whether people are voting FOR to all, FOR all except 3&7, or AGAINST all, etc or a combination of others...?
I am still undecided here quite frankly but am leaning towards supporting JB here for the obvious reasons already noted by supporters. But perhaps a few resolutions wouldn’t be the best to vote for..
Think that’s just part of JB’s sale that’s gone through Fig, but now that cleared some big buys have been coming in before the weekend! Onwards and upwards as some people used to say!
Hear hear
So tomorrow should be interesting, should see some more people taking positions before the weekend and assumedly some after market hours info on contract
Since we haven’t for a while, what are we thinking the SP will do tomorrow guys?
To be fair Nickel seems to be a lucky charm, he always pops up at the right time just before a rise! Haha.. hope it’s the same this time mate!
Casablanca
Nice one seamus ;)
Can’t wait for when it does, but as you say, it definitely looks like there have been some bold bullish buys today so maybe a sign of things to come. Expecting some comms from the board soon though
... expecting anything tomorrow or will there be some interest on Friday to get in before the weekend do we think?
... quite big buys around today despite not many trades, hopefully this can keep the SP flat to up before the real stuff happens here
... In the 17’s before an attempt to break the recent highs in the 18’s we saw. Should hopefully power through!