Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ignore any figures that VSA spew out. The man, Andrew Monk, is barking. He could even teach Lenigas a thing or two about ramping.
PinWiz
According to Ross's post on 19/6 he does
"I like what TXP has done with its debt, as announced yesterday, so my potential CERP money will be staying in there a bit longer than I originally planned. TXP’s SWP equivalent kicks off first thing in 2019. "
Wish I had Ross's 'ignorance' as he's chosen to stick with TXP - up 50% in the last 3 months, while we're down 25% over the same period ;o(
How nice of Trin to rub salt into the wounds by telling us how well the bod did out of this - first they shaft us with a 28% discounted placing followed up by a grossly misleading RNS
Think we badly need HH's clarification on this. A 55% drop in production figures from Jan & Feb to Mar-Apr-May is worrying. I'm prepared for an underwhelming RNS
I take it that CERP's production come in the column headed 'PTRIN (FO)' , which gives April's production of 655bopd and May's of 643bopd, with the year to date's average of 611bopd, which would seem about right, right?
Looks like the RNS could fall tomorrow - did Columbus have a leaky ship?
Belated thanks ross
sp now down by 5.5%, is this a reflection on the MEEI figures?
All very interesting and detailed, but why doesn't CERP get a listing in all of that, only BOLT
'would' not 'was'
Heyup Chesh - what I call the HL cold/hot indicator is a coloured elongated bar with red at one end (signifying 'strong sell) and blue at the other ('strong buy') with lighter shades in between indicating 'sell' 'neutral' & 'buy'. It is alongside 'Broker forecasts' opposite the 1 year share chart.. There are arrows indicating the broker's forecast 3 months ago compared with its current forecast. As the current forecast arrow is on neutral I can only assume that it's there because VSA has it under review. Wouldn't think it was take them over a week to come up with 60p ;o)
As far as I'm aware there is only one broker rating for this stock which I presume is VSA. Up until the recent sub-5p fall it has been indicating a 'strong buy', but now on the HL cold-hot indicator it has fallen back to 'neutral'. Any views, anyone?
Ross is right. It was a cut & paste job from our house broker VSA. Oliver O'Donnell is a VSA analyst, his boss, Andrew Monk, a supposed 'friend' of TW always sets absurd price targets for his clients. He was forecasting a 1.6p target for Sula Gold when the sp was 0.2 and it was clear there was no viably mined gold in them thar Sierra Leone hills. Also CERP was a Hotstockrocket tip but TW took a profit on it last year when selling out @ 4p-ish. He is not setting the 26p target, that's the barking mad Monk
I was given to understand that LSE use the same format as other platforms, but you can usually tell if a trade has been a buy or sell by comparing the transaction price with the current 'bid' and 'ask' prices. Baht is right, MMs have nothing to do with it. HL explain it thus: "Trades priced above mid-price at the time a trade is placed are assumed buys, those priced below are assumed sells. Trades priced close to mid-price or declared late are shown N/A."
Prophecy Development Corp�s much vaunted Gibellini Project in Nevada. The mineral resource estimate for its deposit: in the Measured category: 7.85Mt at a weighted average grade of 0.316% vanadium pentoxide and 14.16Mt at a weighted average grade of 0.281% V2O5 in the Indicated category leading to a total combined Measured and Indicated Mineral Resource of 22.01Mt at a weighted average grade of 0.294% V2O5. Total contained metal content of the Measured and Indicated Mineral Resources is 129.28M/lb V2O5. The Inferred Mineral Resource estimate is 9.82Mt at a weighted average grade of 0.19% V2O5. The total contained metal content of the Inferred Mineral Resource estimate is 37.27M/lb V2O5 Granted Aura's figures relate only to its inferred deposit, but in volume (especially) and grade they are surely not too unfavourable to Gibellini's ,
From yesterday's Times... 'Oil price 'could hit $100' amid crisis over Iran and Venezuela' Oil prices could rise to $100 a barrel, an American broker forecast yesterday, amid the prospect of renewed sanctions on Iran... 'twould be nice, just about the time we're reaping rewards from the SWP
I read somewhere that it is the bullion banks that are continually shorting precious metals by issuing paper contracts they have no intention of honouring or, indeed, have the resources to honour, for vast quantities as soon as the price gets to high for their liking, or am I talking complete nonsense? It's all far beyond my understanding :o(
Thanks again for your info. Yes, I know about AT trades as I occasionally use them myself, but as to my original observation I see I was only 24 hours out as it ended up 5% yesterday and is down 4% today i.e. it continues to yo-yo on a daily basis, but I still share your optimism in the company. GL.
Thanks for your response lads. No, I am not a day-trader and I have been in JAY since last year, but I have rarely seen a sp fluctuate so much (apart maybe from OPTI) so regularly. Having said that, I see today's rise is holding nice and steady - hope I haven't spoken too soon ;o)