Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No-one wants too see their shares diluted of course (especially the directors who are holders themselves) but if you get a dilution to further gain the company it is a positive thing. It all depends on the percentages/amounts.
If you told me my shares would be diluted 20% but in 6 months time the share price would be up 150% then of course it's a no brainer.
It's all relative to the deal and amounts involved.
Sure you don't get anything for free but if a company\asset is struggling or needs to sell up for whatever reason you can get a good deal. Sometimes they have their backs up against the wall and grab whatever they are offered. Sometimes a company isn't going anywhere so a JV or selling up with shares given as payment is a good idea with additional capital and resources brought in it can be hugely beneficial.
All speculation at the moment but will be interesting to see what deals have been/are being done and we await those RNSs.
Could be a transformation week, we will see.
@StupidIdiot
I think a lot of people may be in a similar boat to you and the current market certainly hasn't helped the SP which has drifted down recently.
Everything the company is putting out is on a positive vibe and sure as John1977 has said we've not had any factual RNS yet confirming anything concrete, but you get the impression it won't be long. Then we could see a big upside in the SP and time will prove this.
Unless you see anything untoward or that you don't like here I'd just ride it out as it's only a paper loss at the moment and you could have the biggest smile on your face in 6/12 months time.
Good luck!!
@AG
"Potential resource base of 2moz within 3-6 months? Then similar with exploration with the drill rigs"
When Jason made that statement he said it like there wasn't even any doubt about that, kind of stated it as a matter of fact and not really anything to even consider because it will be happening.
Once our resources grow, once we get over the 1moz and 2moz levels investors will start to flood in as they all want a piece of the pie. Those of us who are in early are going to see some nice rises in the share price and a more realistic mcap.
We are already massively undervalued but once the resources grow we could be looking at a lot higher mcap, especially when you look at other companies and compare. Plus we are only 3 months old and have a producing mine.
Trying to keep a level head but I'm seriously thinking this thing could boom in the next 3-6 months.
GLA
"Once we are able to announce some of the acquisitions we are finalizing now, you'll see us on the ground straight away"
Established infrastructure in place, acquiring something they can get on with straight away, no need to be waiting for permits to be issued etc not greenfield, no need to spend a lot of shareholders capital to get things up and running.
GTSY AG, hope you had a good night last night ;-)
Totally agree with your post, going to be very interesting to see where we are heading in the next few weeks as news is confirmed and starts to come in. Then as a longer play too, this has the potential to multibsg several times over if we keep on constantly hitting targets, increasing resources, gaining momentum.
Very exciting times and I think anyone who gets in at current share prices will be highly rewarded in the long term and TBH maybe not even that long a term, could see this grow massively in the next 3-6 months if all goes to plan.
Have a great weekend everyone and looking forward to next week.
You have to watch it AG, some very exciting content, too much to mention but a few highlights for you.
Obviously been in Tanz looking at 2 assets, very very close to deal done (think we will be getting at least one RNS next week TBH)
Only really looking for 50,000+ ozpa assets EACH
Not wishing to dilute share holders
Have a watch when you get chance, it won't disappoint but remember none of it is actually true ;-) (Gospel according to John1977)
@John1977
First you complain about Zak going to be hosting the interview, then when he's not there you start complaining about him not being there. It's laughable. One thing is for sure if you had been there to ask the questions Jason would have shot you down with everything you threw at him.
Never in my life have I seen someone supposedly "invested" in a company yet do everything in their power to try to bring the price down, posting negative after negative post. You my friend are see through and obviously have issues (which TBH I feel quite sorry for you).
Wait until next week, Jason actually let it slip if you listen carefully so fully expecting an RNS next week, let's see where we end up next Friday.
GLA
P.S. John what did you do to Zak??? Why he could attend???
There have been quite a number of questions put forward from investors in the telegram group for tomorrow's Q&A, so should be great to get some answers.
Lots of thoughts flying round which hopefully will be answered tomorrow.
Looking forward to hearing all the updates and progress above and beyond what we already know via Twitter etc. Should be a great stream I think.
GLA
.......and just wait till we see what the current drilling campaign turns up.
We could see the grade of material put through the plant increase in a very positive way.
I think the 1000ozpm might be a thing of the past sooner than we anticipate.
Need to get to those sustained production levels first though so will be interesting to see the November throughput followed hopefully in December by the 700tpd as anticipated.
Looking forward to a very good year in 2022.
Latest tweet......
New RC and diamond drill rigs arrived and cleared in Mombasa Port ahead of schedule.
To now be transported to site and to commence work.
#CaracalGold #GCAT
https://mobile.twitter.com/CaracalGoldplc/status/1461724683934576653
Just waiting for transportation then the fun begins. Won't be long before they are up and running.
Have a great weekend everyone!!
Was getting 1.302 to sell a while back (250k test quote) and 1.4 to buy.
Now 1.302 to sell and 1.355 to buy so eased off a bit now, but can't sell any real quantity (not that I'm planning on doing that anyway).
Sure it will be up and down this for a good while yet, still early days here but lots to come for sure.
Sorry had to do it, we've not had one today so had to post a negative post just to keep the balance.
Only thing is I can't think of anything to write....... Hmmmm..... Nope can't think of anything. Sorry
Have a GREAT day everyone :-)
@Citygirl299
Deramping is all part of "the game", people have their own agendas and that's fine, it's no major issues.
I just don't like to see people posting utter bull just so they can save themselves a few quid, when some poor uninformed private investors actually might believe what they post.
I saw one guy last week having a complete breakdown and selling all his shares just because of something posted on here. Not pretty to see and deramping in that way is pretty abysmal, I have my thoughts on individuals who do that but won't air them on here.
Thanks for the telegram tip, I'm already in there btw and love your purple hair ;-)
I think this share has been traded quite a bit, looking at the charts for the last few months it's had multiple peaks followed by dramatic dips. Traders are obviously at play which is fine and perfectly normal. Original investors who bought in very cheaply may have been offloading some too and taking advantage when the peaks are hit.
If you are only looking at the short term I think impatience plays a part too which is why it's slowly dropped down a little, traders are just not willing to wait, but there too much risk in selling out on the way down because news could come at any time which could send this shooting back up again.
For me I'm invested in this and not looking for a quick 10/20% I think long term this has huge potential and the rewards will be substantial (just my view DYOR). Sure I'm keeping my eye on this carefully but everything here looks to be heading very much in the right direction.
This is a relatively new setup with short track record so of course it's not going to go sailing up into the heavens until they have proven track record. Something they are working hard to achieve and each day they are making inroads into their target.
To me this looks a very cheap stock at these prices if you look at future "potential".
All looks good to me but I'm sure others have their own views.
GLA