Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
who's deramping?
That does sound like a sh*t show, I'm assuming the court case mentioned hasn't been resolved yet due to lockdowns etc, why get involved in such a mess when the company is still trying to find its feet?
by december still got an order in, director bought some shares and moved the SP a little, still got a big gap to fill and still nearly 50% down from the heady days of 9p Unless theres some news on the horizon and some buying pressure then the SP will be back to business as usual tomorrow. I'll get my price, SAR isn't a dog and I've never said otherwise but its going to get traded and when it finally finds support and bounces its going to get flipped, rinse and repeat, easy money, see you next month at 2p.
Looks like I will get my order at 2p soon enough, I hope you LTH took some profits, I know some have been waiting a long time for them. SAR will have its day but its a traders share now, no news and big gaps to fill, way too much ramping going on this BB. Hopefully the wombles will start buying soon, see you at 2p.
you do know we've just had a placing don't you?
Don't be so sensitive, 6 months ago all anybody on here could talk about was what yachts you were all going to buy and labelling every new poster a ' womble' , to be fair if I'd held for the last 10 years waiting for life changing gains, got the opportunity to cash out but instead listened to the rampers on here screaming 20p next week and hold for £ 10- I'd be upset! You should have cashed in but you all got too greedy, way too much ramping going on this BB, maybe you should have paid more attention to the wombles, good luck with the islands and yachts, see you at 2p.....
The science behind SAR may be undisputable but the BOD have been extremely poor in keeping the market up to date with progress, there has been so many AIM companies pumped over the last 18 months with potential covid plays with few succeeding. Apart from patent confirmation and recent investment from a couple of high rollers, there's been nothing substantial to prop up the current SP let alone provide any momentum for a rise. New posters on this BB are constantly ridiculed and labelled whenever anybody dare raise doubt about the current trajectory of SAR, hopefully some of the LTH would have taken profits on the way and not just listened to the ramp fest that has been this board for the last 6 months. With no news on the horizon the SP will be 2p before xmas, some folk on here have lost alot of money from 8p, I just hope that wasn't your last chance to make the life changing gains you've been waiting years for, good luck.
I agree, somewhere between just viable and highly profitable, but either way it will give UFO additional cash and hopefully increase the amount of ground being drilled, we are in a much better place than 6 months ago...
I think people are getting carried away with what the fundamentals of the business are, UFO is an exploration company and Bill now has the funds and hopefully the permits ( still waiting on mexico) to drill more ground in 2022 and hopefully find more value. If Silver and copper squeeze with the increased demand from the green industry over the next couple of years then we could be multiples of where we are now. Regarding the DSO it would appear that its relatively close to the surface and of a high enough quality that it would be worth UFO mining if the market conditions are favourable. If margins are substantial enough and its worth doing I see this as a good opportunity for UFO to generate a revenue for the company and hopefully reduce the amount of placings and potentially speed up the drilling of other sites, I don't think it will generate a huge dividend for shareholders or cause the SP to go to the moon, but it will give the company alot more liquidity and hopefully rapidly fuel the expansion of other potential sites.
Ive read quite a bit online about the declining prices Fitch and Bank of America both predict a similar price of $ 60 - $ 70 per tonne which is a long way off where we are now, Chinese demand for Iron ore( over 50% of the world market) will be in decline next year for sure, the winter olympics and the decline in the construction sector will reduce demand and there will be a surplus in world supply with the Brazilian exports back to pre covid levels. But UFO still make money on producing Iron ore at these prices and can still generate revenue for the company, I'm here for EH and hopefully Mexico, the green revolution is going to drive and sustain silver and copper prices and personally thats where I feel there's more value for UFO. That being said I don't believe in trying to forecast prices so far in front because as most economists and so called experts have proven repeatedly is they don't know anymore than we do when it comes to trying to predict prices 4 years from now. All I know is UFO are starting to head in the right direction, they've got permits to drill and potential to generate revenue which is a far cry from where we were a few months ago.
I posted on the board on Thursday night after almost 12 months of holding and not posting, mainly out of bewilderment as to why Eqtec has been so unloved given the green revolution going on this year and COP, I repositioned myself 18 months ago to focus on more green investments, Lithium, Silver and plastic, if I like many others on here had the forsight to realise the potential and have the patience to hold eqt for the last 12 months, why does it feel like the market is only just waking up to this? If eqt can deliver on the deals it has promised, 2022 could get very interesting for EQT, good luck all LTH.
its been a great turn around these last few months, well done bill, i must admit i was close selling this summer and taking the loss, when UFO lost the JV, the tailings income and there was no news on mexico permits, it felt like we were never going to see 1p again. Nothing is certain and I'm certainly not saying that its blue skies ahead and UFO is a dead cert multi bagger from here, but Bill has done well to reposition the company after the disappointment over the summer, with the placing behind us we are going into 2022 in a really strong position, well done bill and all LTH.
id hope with good EH results we would be north of 1.25p, we better be im still underwater, not much longer though, freed up some funds today and if we're still under 1p on monday i'm topping up with another 30k, that leaves me 1 million short of my 10 by end of year, too much news in the pipeline, we finally have some momentum.
Thats the main reason for me wanting to double my holding, its been a rough year but UFO is still here and the SP seems to have found the bottom, with so much news in the pipeline it does feel like now is the time to load the boat for the next couple of years?
it is risky, but thats why we are invested here and not in a fund i suppose, EH could be huge, I was looking for a silver play and found UFO, I always felt that the drive for green technology because of climate change would eventually cause a silver rerate. I'm hoping 2022 is going to be the year, the DSO will hopefully help UFO grow form explorer to producer which I never anticipated when I initially invested, but I hope EH has the potential to send the SP into outer space, 10 million shares could be worth quite alot over the next couple of years...
Im really tempted to throw in another big chunk and just load up, I've got a couple of dogs i'd be happy to get rid of tomorrow and chuck the lot in, 10 million plus shares would make 2022 very interesting, what do you think smiller?
I've been invested in eqtec for just over a year and haven't posted on the board, I check in from time to time but there's been little to discuss, I will continue to hold but will probably look to downsize position by xmas if SP remains under 2p. I have to say that this year has been a big disappointment for me, theres been little substantial news and a distinct lack of progress, with COP and the green sector booming ( a rising tide lifts all boats etc ) its starting to feel like this isnt going to happen. The BOD need to start delivering, there couldn't be a better time for this technology and yet the SP hasn't moved for months.
im already way overloaded here, and AIM miners are risky, but we have alot of news due and another positive RNS this morning, be nice to find the bottom for a top up for a change, its been a frustrating year holding UFO.