Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A lot of us got carried away (including myself) with talks of leaks on Monday. The fact is, we’ve seen what this baby can do and the sentiment behind that move bodes well. This will be back up to the highs in the next two months or so. POO has fallen today. Inevitable fall in oil stocks. It’s the same across the board. The sharp rise shows that any hint of good news is going to send this north. OPEC meet this week and next week will decide whether to extend production cuts. They will want to make sure they sustain the rise of POO after being battered for much of the year. Im expecting an extension to production cuts. I’m holding long and strong.
Haven’t been able to buy a bean on HL for 20 mins
Nah mate... can sell for 5 on HL... holding up well
5.0 sell
5.34 buy
This has to be a leak
Yes I noticed that. What sent it up that day?
It doesn’t really matter what has caused the rise. It doesn’t matter if there is profit taking. This rise has shown the underlying sentiment and this will rocket on news.
Looking forward to tomorrow :) 4.70 has been paid
Voice of caution... only relevant if you could send a message back in time and tell yourself not to buy at 11p average (if only). Not so relevant to those who have entered at these levels I’m afraid.
Redleader- Not sure what your point is really. Yes the price has risen on general market sentiment... and what. Is that a problem?
Good news??? What good news.
The only good news recently has been vaccine developments and subsequent increase in POO. HUR has increase 60% off month lows and 25% since vaccine announcements. Hardly flailing.
Needs to break 3.7 and then it’s upwards and onwards.
Or ditch Hur
LearningTrader... Do us a favour and cut down on the gloating. You accuse others of being ‘infantile’. Pot/Kettle.
Dom... you in or out? Judging by your recent posts I’d say you’re out now.
Good old Mark Ward seems to be working his magic over at Innovaderma...
Agreed. Positive and detailed RNS. Should be a small number of closures but as with many businesses... this pandemic provides an opportunity to cut the dead weight. Liked the mention of CVA improving cash flow by £2 mil per annum over next two years.
Gov investing in production though... presumably for their own test (Oxford Uni).
Yeah Oxford Uni have come up with a 5 min test.... not ideal eh
Brent... SNG is completely different. Thanks for your patronising response though.
1- The timescales are no good unless you think that there won’t be a vaccine next year (which there almost certainly will). Whether the vaccine is 100% effective is irrelevant. It will shift the focus away from noval treatments like SNG. Successful phase III vaccine trials and approval will be announced within a month... mark my words.
2- They haven’t even started phase III. Yes it is pencilled in to commence at ‘some point’ in Q4 but that could mean December... there are then months to go until approval. Yes they may get EMA but they haven’t even started phase III
3- Yes the placing has raised money which will be used to commence phase III but the fact they couldn’t raise elsewhere is a concern. To add to that there is a big dilution of the shares. Fine to take a hit if you are LTH sitting on 400%.
4- There is of course the chance that there will be an problem identified at phase III in which case the shares could end up almost completely worthless (i.e back to 30p).
Glad to hear it cheers. I was looking at this and considering in the 300’s early Sept when Bojo was harping on about the importance of testing. Didn’t go for it. Haven’t checked the share price for a while... it’s absolutely rocketed. I’m gutted, but regardless... I’m in at 920. I still see value here.
Last time I saw a huge TP from Numis; a placement followed within 12 hrs. That was just a few days ago at SNG.
Has there been a previous placing here? Any need to raise cash? Don’t particularly want to get stung again.
Pmjh thanks. I am wondering if there any examples of CMA where phase 3 hasn’t started yet.