Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A few might get spooked unfortunately. Might be some manipulation but usually that happens around news periods and it's hard to prove. Thanks to Beaufort's demise and the US authorities (not the UK) one way of cheating the system has been exposed, ie hiding real identities behind false accounts set up offshore. So crooked directors and notifiable holders could buy or sell without giving the game away or, worse, talking the exact opposite to what they are actually doing. Add concerted twitter activity and it was a great scam. I'm sure there are other scams but as pi's we don't get half the true story and by the time we've managed to piece it together it's often too late. The abusers don't care who they mug, they'll take anyone's money. Today is low volume, no news, I think it's warrant sellers wanting the cash. Not MTR because I think they are ok for cash and see a higher exit price further along the road. Not PJ or MB because both have espoused a much higher value and they would have to notify anyway. Unless they had one of those dodgy accounts:) which, having met them, I think both are above. Sit tight or buy imo.
What about the other half?:) Virtually all buys but the sp drops so there's a sell order in, doubt if it's MTR, and why would anyone at this level only a few weeks from update on Molihil.
Spread isn't what screen shows, true spread nearer 4% currently
"I think this company has a nice set of assets relative to its fully diluted Mcap" That's the important bit but sensible observation and advice in general imo, ragnar
Well spotted, have long thought Beaufort were dodgy to say the least. How many have they fleeced in the U.K. yet it takes the US to bring them to book. Our regulators are a waste of space.
Hedgestar, I think we'd find little change under new management, there's a lot of crossover already and MTR are, I suspect, content to go along at least for now. The sp is being manipulated, it follows a pattern, if you can get in sync with the pattern you can make a few quid along the way but otherwise - only imo - it's best to stay put, let the parasites take money off the faint hearted and wait for news that counts. Unless they are all out and out liars, highly unlikely, there is proper good news to come and the fundamentals only get better. My one concern was that MB might not be aggressive enough to pull things together, that remains to be seen.
Thanks
Well done it doesn't look over egged. Where did you pluck the capex number from though or is it a guess if you don't mind me asking?
..now, some decent ones amongst them. Guessing but 2p stop probably triggered earlier. Sells breed sells, been panicky for a while here, people have lost money needlessly. Shame on the buzzards who do this manipulation. PJ tweeted several times last week he's not selling.
Where's the RNS if PJ has been offloading, he's a ned so any transaction has to be reported.
Buy 2.17, sell 2.17, is it about to turn upwards?
Another interview this one with Proactive, bit clearer https://t.co/aAgZCzo2h0?amp=1
Italy and Masterman. Corruption and obfuscation. There are cleaner share opportunities around, pity MM has continually avoided questions about profitability and production, only giving broad answers to specific questions and issuing production updates which were impossible to dissect. Now we know why.
I was hoping for a bit of mafia input myself, they are reputedly efficient, Fox could use some of that, not averse to fire-crackers either:)
Not Kosovan, he's US and with a good track record both military and commercial
Good point yorgi.
by all means filter me and question my interpretation if you wish but don't doubt that I talked with IC for half an hour this afternoon and probably know a bit more about the current state of play than you do. Be blinkered if you wish, but better still phone the man and ask questions yourself.
today and he's a nice bloke very approachable, all you need is a pint in hand and you could be down the local. I suggest you make the effort before talking up the sp or buying too high, there are still risks ahead and an inherited attitude towards stiffing pi's to overcome. Ivan might be able to do it but I think he'll need some luck too, it doesn't sound sound like a one-way ticket to me.
Didn't know that, don't subscribe. if Monday's was ramp it clearly didn't work:)
Posted on Shareprophets this afternoon...... Okay this has been a very bad tip so far. The shares are now just 0.09p in the middle. Should you buy more, hold or cut losses. We apologise for the delay but after taking it through with the management but also trading partners we have an answer. The first piece of news came a week ago with Insetco (LSE:INC) saying that the $300,000 it was due to receive by December 31 for its first contract had not yet arrived as the client was yet to complete due diligence. We view this as a when not an if and can understand why investors might be spooked but on the basis that the cash will come we are not bailing. On the same day CEO Ivan Couchman gave a presentation at a ShareProphets seminar – you can watch it HERE. Let’s not beat about the bush, it was not good. It will not have prompted anyone to fill their boots and might even have prompted a few sellers. Mr Couchman may know his onions at an operational level and strikes us as honest but he is City naïve and we understand that moved are afoot to appoint a City credible NED who will put a far better face on matters. We support that big time. Finally we learned that folks owning £100,000 of loan note had asked to convert at 0.1p per share. Oddly the shares fell before that and at this end of AIM we reckon that almost certainly means the spivs were selling a few shares ahead of conversion to lock in gains. So where now? We expect the $300,000 to arrive a lot sooner than the “during Q1” Mr Couchman said during the seminar. Having been caught with his trousers down once on this sum we think he is underpromising to over-deliver this time. And we also expect other contracts to follow. On the maths Mr Couchman explained when quizzed by TW at the end of his formal presentation that makes the shares look cheap. It is of course possible that this is all smoke and mirrors. But we view Couchman and co director Barry Heath as honest if a tad rough around the edges. Backing them we suggest that you average down. Premaitha and Optibiotix dipped after we tipped them but are now flying we expect Insetco to do the same. Buy.