Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
2m oz would value this share at circa 15p so I would discount that unless you really want to depress yourself.All imo.
The sp has already hit 40p without even a whiff of a bid.If anyone is hanging around this long for 33p then they must have the patience of Job.I wouldn’t even wait if it was 80p.
I think it’s a false break too.First thing Monday I will do absolutely nothing.If it goes up whoopee ! but if it goes down I have saved some money.
If UBS and DLA are the bees knees then how come we haven’t sold after this ridiculous amount of time.A two week Christmas break doesn’t delay it 3 months.The answer could be the rising price of palladium and rhodium.While Pi,s may want a sale II,s may have other ideas about digging the stuff up.My opinion and that’s all it is,is that a deal will be done in March or not at all.If no deal is declared it will give Eua time to get their s””” in a sock and work out exactly what they do or don’t have.They may even decide to tell us shareholders.
That’s a very shallow wedge, I like see something a bit steeper.
Tell me the the time period and I will check it out.
Can’t see a rising wedge in the chart and even if there were it would be a sign of continuation or reversal so not a lot of use till it happens.
Soon we will get to the point where the FCA ask the question “Are you selling it or what”?.Their patience with Eua ran out once so I hope it doesn’t happen again.
I remember reading they were planning to pull out 1 m ozs a year which is over 2 b dollars.They would hardly sell the whole kaboodle for that price would they.
All I am saying is don’t tell the world that the SP will fly on the back of an insignificant Rns.When the big one or a big one arrives you will know it.
Well if you are going to mention me by name you do need a small modicum of rightness judge-mental.Yesterdays Rns had a lot of words in it but it’s the not the Messiah and neither is it John the Baptist.Tommorow is another day.
It will take more than yesterday’s Rns to make this fly.If this was a house they are basically telling you that the shed is bigger than you think.It may change the sentiment slightly.
So we now know that Wk has 43 percent more of not very much.......big deal.What is more important is that that there is someone still alive at Eua.Thats the message I take from this Rns.Nothing will be flying tomorrow Imo.
Manipulation, of course that’s what it is......not.
Sorry to be a wet blanket but I am hoping for 25p by Tuesday afternoon for a top up then sell back on Wednesday evening if the price is right.If you can’t beat them?
Well that’s Monday over.Now everyone can talk about Thursday.
Hypothetical
I want to buy a mine with a potential £75b in the ground and will cost 15b to get it out.In 5 years time the in ground value will be 150b and rising.How much will you lend me to buy the mine.
What would the banks answer be?
For the chartist amongst you will notice a head an shoulders chart part pattern has developed.Not as relevant on an Aim share I know but it could still take us up to 40 p over time even without news.To go further than that something has to happen other than hype.All imo.
Having turned Harrodsin to the local poundshop the shorters friend has finally appointed someone to look after investors.Not surprising when they fled in their droves.The good thing about being rockbottom is that the only way is up.
If it’s going for £1:00 I will get a loan from the bank and buy it myself.They will give it to me as well.