Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
ruskiemoley - In no way am I suggesting we'll get anywhere near that - I was just doing a comparison on the price of that sale to the 'potential' we have here... Personally, I think in the 40p range if you want an opinion if there is a sale and that would be for the full company.... I would prefer a JV with Special Dividend and a yearly dividend following on.... Tony
A quick 2 Mins check shows they had 2.3m oz palladium estimated at a daily spot price of $770oz when sold for C$1 Billion... A quick simple conversion here at todays Palladium prices with the flanks is : 8x as much palladium and 3 times the price of Palladium so roughly C$24 Billion... or at todays exchange rate of C$1= £0.58 gives us a rough estimate of £13.92b or £5.17 a share.... All on a fag packet conversion....
The only bad news could be that they announce that the 1.9M oz have been incorrectly identified as Palladium and is in fact common tinfoil.... or they've lost where they found it and have to start to search again....
Aimofthegame6 - yes, that coastline is such an amazing place... We are staying in Camden and Bar Harbor this year before moving on to Jackson NH. Anywhere up there will suffice if the price is right... Yes, the Patriots games are a massive bonus.. We are buying come what may but this share may just have increased our budget massively! GLA. Tony
All the best Mr Big.... Fair play for admitting it. Whatever happens, don't regret your decision no matter what price this may or may not achieve.... We can all make the best decisions in hindsight... Regards. Paramedic
06/02/20 11:00 4,048,418 7.10 7.00 7.10 £287,437.68 Buy
06/02/20 11:00 3,548,418 7.10 7.00 7.10 £251,937.68 Buy
06/02/20 11:00 3,423,418 7.10 7.00 7.10 £243,062.68 Buy
06/02/20 10:59 2,723,418 7.10 7.00 7.10 £193,362.68 Buy
The similarities between the number of shares in a small time frame in these trades is uncanny... One Large Buyer perhaps?
I believe it's a little bit of everything.... I do believe the Milankovitch Cycles are a better explanation of the way climate change acts. We are paying now for our forefathers pollutive acts when every town had hundreds of chimneys bellowing all sorts of krap into the atmosphere etc... We are far cleaner now than we have ever been...
Lamtree - you need some positivity in your life... All this negativity is bad for you... We call them 'frequent callers' who can't see or believe what they're being told and always need the comfort and attention of further visits... Maybe it's you that needs a Lobotomy and replace your brain with a brain that isn't broken... Night Night God Bless.