Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Guess the question is now, has the Chancellor had any input in this decision and what has he promised, as the FID seems to run contrary to economics !
So why is there such a disconnect between the Avacta Fan Club and the Institutional view ? . The SD was supposed to elevate their interest but failed. I’m personally not that concerned as have no intent on selling but just bemused about the feverish level of excitement being shown by some, compared to those holding the real power.
Maybe you should sell and move on. You can’t expect the Company to provide warm words of encouragement to every impatient investor when they see their investment move into the red. The Company will update when it has something to say, whether good or bad. With a decent 7 figure Holding I’m perfectly relaxed.
Thankfully the vast majority of UK citizens are sensible, pragmatic and obedient (to a point) but the media focus on the small minority of loud mouthed eco warriors who disrupt everyday life. Naturally any disagreement to Government policy attracts equally brainwashed Opposition MP’s only to happy to endorse these extremist views, within a Country whose emissions barely register on a Global scale.
Sunak has caused Labour a problem by highlighting the costs involved. EV Mfrs
were reliant upon 2030 to promote sales….lack of charging infrastructure / high rise residences or those in crowded areas with garages ain’t their problem.
So the debate is now moving on to what shall we do during this extended transition period. Several senior Tory MP’s are already calling for the EPL to be scrapped. We remain needed.
Agree, until that Elephant now in the room is put to rest there’s a rather large foot over the SP. No question about the scientific achievements to date, quite remarkable and they should see us thro. but the Market will need to see those answers first before we get rewarded.
Absolutely , and impressed we now have someone of Darcy Antonellis experience in a NED role, perhaps goes to show the respect Bango hold within the Industry.
Interesting SP reaction, not sure the logic of selling out today as some are. Proves you can often sit on the sidelines awaiting news and protecting capital before rushing in. Will let the dust settle and see where we are.
Just be mindful that should Brent rise significantly higher so does the chance that there will be no amendment to the EPL. We can’t be seen as turning into a ‘cash machine’ as the Ex. BP’s Looney once said. Holding $90/$95 will do us nicely.
Last time I checked back in July ‘23 the consensus analyst SP target was 343p, which now looks easily doable bearing in mind these shares are fairly tightly held with only about 77m of them in total, and mine aren’t available !
There seems an unhealthy obsession with other Posters and daily SP’s on this Board , which can only be attributed to the volume of Traders around. Frankly if this falls another 20% I’d be overjoyed to buy a few more, so those of nervous disposition please carry on worryIng about fund raising etc. and others motives , not that anything posted here moves the dial.
Given our strength in the US it does make you wonder what our valuation would be sitting on Nasdaq, still 2024 looks very promising so our time will surely come.
Good to see ENQ have been awarded Four Licence Areas although remains to be seen what that will mean in terms of future profits.
China remains Oils wild card. The recent Beijing economic stimulus measures are already working as shown within their August retail sales and factory production data just released. They won’t allow worries about their real estate sector to blow them of course to become the worlds dominant power house, and to achieve that they need Oil, and lots of it . That said too higher an OP and global inflation will quickly bite back.
Don’t think Mgmt are too concerned with daily SP movements, otherwise why not just counter Swedish off load with purchase of say 50M shares, set us back £7.5m….if that’s not affordable we have a problem !