Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
B00M.
Looks like his nurse has let him have his device back.
Not sure whether he's daft, inebriated or just plain confused.
He gave the RRE (Rockrose Energy) board the non stop benefit of his thoughts for several weeks back in March before claiming he was leaving to short the banks with the £200 he made out of Rockrose. His other nugget was to advise that nobody should ever invest more than £500 in one company.
Warren Buffett he's not, best filtered.
So without a not very profitable chrome operation we trade at a 400% discount. You couldn't make it up. We need a decent sustainable dividend announcement in August.
Motley Fool write up on Tharisa, platinum safe haven.
Forward P/E of 15 and inflation busting 3.3% return "irresistible"!
;)
Where does that put us then?
https://www.fool.co.uk/investing/2020/05/24/a-global-recession-is-coming-id-buy-this-safe-haven-in-an-isa-to-get-rich/
That people with no affiliation to the company can buy in 26.4% cheaper than current holder's.
I get the reasoning behind it, but if you need cash to build the business, and you're going to discount a placement, your current shareholders should have first offer.
You guys might think it's great.
I think it stinks.
Tiger
I'm with you. Current shareholders totally shafted.
How many times has he said we're fully funded?
Specifically I'm not here for the covid aspect. I don't think there is a long term demand for Covid testing.
Completely unimpressed.
Nice rise today but given this seems to be one of the least discussed & researchable stocks would anyone know why?
No idea why we're 10% down this morning, NAV after all, is NAV and a 44p share price gives a 20% discount to yesterday's stated NAV.
Have therefore just added accordingly.
Good luck all.
Moneymaker
Agreed, I topped up anyway, was just having a grumble.
Good luck.
Guessing something to do with the dual listing in Toronto. Stock lost what it gained UK open when Toronto opened. Somebody get their US/Can $ rates mixed up?
I want to top up but every time I look to do that the spread has got even wider.
Happy(ISH) to fund the mm with 5/6% of my investment, but 10%+?
That's just greed.
Nimrod
I have thought this for a while.
Platinum, as well as being an industrial metal, is also a precious metal.
Accordingly it is following gold and silver prices as they are being rerated as hedges against global financial meltdown.
Platinum, the "ugly duckling" of our PGM basket, will be making a much improved contribution to the business moving forward.
Wressmycase
Oh no, what happened there?
(Howling with laughter emoji)
Think you might be better off wasting your time somewhere else.
;)
Good morning both.
Bought in last week after listening to a Malcolm Burne interview, saves me the hassle of amateurishly researching dozens of pm miners & picking the wrong ones anyway!
Love the silver exposure too & will add as we go.
Good luck.
About wessex voice
Don't believe anything this guy says, I've called him out on other boards for telling porky pies.
He sold out on April 23rd at 7.2p for a loss and has just reappeared again.
Check his posts, he's just an irritant who ramps & deramps without ever doing any research.
Ignore him.
A really "tidy" set of results in my view. This is a good company to be invested in and also a good company to work for (furloughed pay made up to 100%).
Operations back to 75% of pre Covid levels and looks like they still have a good chance of delivering 2020's presold sites on time.
Build to rent sites should mitigate any temporary lack of demand for university accommodation.
I'm very happy being invested here, let's see what the market thinks.
Wressmycase
Now 40% overpriced?
You're a joke
Filtered
All 6 ops back in production.
Everyone safe.
Should give us a nice SP nudge.
Here's some more on future production with CRUX investor today.
https://www.youtube.com/watch?v=Hh8qxdeCfSo
Found this with the beautiful and geologically switched on Gwen, from 8 days ago.
Wressmycase
Main problem here is that we get bought out at a silly price before we reach full production.
Failing that I can see FCF the same as our current market cap within 3 years.
I don't think you've done any research.
https://www.youtube.com/watch?v=aQgZJINk0KE
Nice to get back half of yesterday's loss.
My safest and worst performer here!
Here's to next week, have a good weekend all.