Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What puzzles me is that Gold is at 178x right now, Cey has always followed gold and it seems it has broken away from this pattern and is stuck in the down direction. As usual over invested here and am feeling the pain… when and will this soon turn, looking at the historic pattern this has always lifted in December (except once or twice) right now it seems the opposite…
Colonel I been 40k in profit here 3 months ago, right now I’m 10k down, I no longer know what to say or work out here, all I know is that we are back to where I started to invest in Shanta and Shanta is in better position now than it was 2 years ago, tine will tell if this will grow or shrink, like u I’m cheezed off and surprised by the collapse in SP here along with rest of the mining sector esp with gold at 1775 usd…
Didn’t they state they expect the production levels to increase back to what they were in 2024 which would mean that production would rise in 2023 therefore if we are valued at 87p now, surely the company value would increase through 2023. Obviously if they hit no obstacles…
Been watching all them goodies for last 12 years and while condor moves back with Gold @ 1750USD and fails to rise, I start to wonder… pls don’t shoot me down here but here’s my thoughts would be nice to get someone’s else’s opinion on the below:
Why have we PIs valued Condor so high above £1 without it being a producer with cash flow? when producers which are debt free, paying dividends and loads of cash in the bank CEY, AAZ (examples) are valued under £1 and slightly over £1 today in AaZ case. Theres HUM.L and SHG.L too, another producers with issues valued at 15p and 12p today. What makes us believe that Condor value will be higher, by the time this gets to production? Shares in issue will be greater than now there will be more warrants out there and getting to production and being in production won’t be smooth… I’m really starting to understand where we PIs or maybe MC gone wrong with the figures/valuation or maybe I’m missing something? Anyone in the know how can explain?
Tester, after a decade here iv done the same, moved 75% of my holding over to Producers in my case CEY, HUM and Shanta, it’s been a tough decision and a hard one to make, but all them cheap issued warrants, delays, land issue, constantly changing time scales and cheap placings at these silly levels made me have jitters. I still hold quite a huge sum here but decided to spread my eggs as I feel I stand a bigger chance getting my money back via dividends and rising prices. I want to wish all the LTH good luck and still hope for CNR to fly one day.