Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Really market cap of 26 billion anytime soon !!
Wait for h3 and h4 results, 2021 debt repayment of 2 billion and further twists
The institutes and hedge funds have tapped up shares witj reserves not needing access
So congratulations on everyone who bought in at its lows of 100-200, the share price was underweight and good quick gains,
However this week, dont expect the heady gains as before.
The 225-270 SP is what its been hovering t with RI news, however be warned of sell offs bearer time.of RI deadline, and post RI, plua H3 results
Good luck
Whilst it would be nice to see RR to have SP rise,
This could imply a that the proposed RI and bonds issuance is not enough to upgrade from junk status to investment grade,
https://m.moodys.com/research-preview/PR_434176?docid=PR_434176&cid=
Price drop is those selling out from older holdings they bought in at the covid price 225, those who have made 100 percent gains from the lows of 100, RI looks less appealing
I hope this rises, of course as Im trying to chase my 330 average when buying in , but I feel it could rise to 250 COP Monday, but drop maybe to.150-190 nearer RI voting day
Of course classic pyschology ramp it down further feom the stable low Covid Price of 225
Sell it as a discount the RI, however as i learned you have to have balls of steel and not be attached t9 money when you see a drop like that
Casa is a buyer at the righ price away from volatility, ehilst i am happy to increase the gains and reduce my losses i still believe a gradual downward turn is about to happen, my prediction coming into RI is 130-150 SP and interested to see if first week post adjusted RI is on a downward turn after H3 results
HAPPY for rise !