Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Huge volumes again!
Still NT to buy, same as last night
Big gap up today I'd expect.
If it drops first thing like it did yesterday I'm going all in.
MM's wouldn't let you buy a bean the last 30 mins.
This is going to go ballistic tomorrow
Volume is insane, all the Lombard shares being bought up by Pi's
Too early, it's only just started to rally.
This will be over 10p soon. The volume is huge.
All those II's TR1's have probably been bough up already.
Decent update, but agree will wait for the placing before I buy in.
This has fell 80% from 40p to 7p the kind of drop you typically see from wildcat dusters with no other prospects.
We have tonnes of cash, producing assets and also the drill isn't a duster.
If the price stays circa 7p I will be buying hard today!
Originally valued at £105 in March 2021. Now £3mil, hugely oversold.
I'm looking forward to the next few days here
https://www.retailgazette.co.uk/blog/2021/03/in-the-style-valued-at-105m-after-raising-49m-ahead-of-stock-market-debut/
This is the interesting thing for me. They could already have a bidder lined up. It would be worth a lot more than £3mil
On 8 December 2022 the Company announced that it was to conduct a strategic review of the Group's business as a whole (the "Strategic Review") and that it had appointed Lincoln International to assist with the process. The Strategic Review is ongoing and, as previously announced, may or may not result in a sale of the Company or some or all of the Group's business or assets. A further update will be made in due course.
The II's have specific trigger points where they pull out of shares regardless of the company's potential.
Lots of TR1's but all those sells have been bought up by PI's from the volumes today.
The latest company report looks very promising.
Decent set of figures for a £3mil MC company.
This is now in a prime take over position.
I see a huge bounce over the next few sessions
Nice trade the last few days, I don't think it will drop back to the 0.12 level but expect 0.13-0.14 as a base
NT to buy, I think it will bounce hard today.
Good report, I've been accumulating recently.
The SP drop from circa 40p to 7p is a huge over reaction with all the other prospects the company has.
Plus it's not even a duster.
You typically see this kind of drop when its a wildcat drill with an AIM company with just one resource.
I see a big bounce coming here.
To 40p, realistically no, a one bag at 14p very very likely
Its good to see the volume has dropped off. Shows that the panic selling has stopped.
I feel for anyone who sold yesterday on fear spread by some very nasty people on here and Twitter.
You will find that they will start buying now they know they cant squeeze the SP any further down.
Everyone has an agenda here, fake accounts popping up with 1 post. Makes you wonder what their agenda is? To spread fear and force the SP down. Exactly what was happening a month or so ago before funding news. I was ignoring the noise and buying at that point. I got upto £120k with a very low average my, check my Twitter. Sold down to £50k circa 1p making a killing!
I'm buying back in again now so don't feel sorry for me. Currently on a paper loss but not concerned.
The SP does not reflect all the hard work the BOD have done so far to get us to this point. The assets are great, POG is on the rise, all the feasible studys show that this is a winner. Losing the funding at the final hurdle was a blow. But they are already on talks with other lenders.
I'm happy to hold and accumulate.
I won't be selling a penny at these prices.
The MC of £8mil does not reflect a producing goldmine
Pretty disgusting calling me a t**t when I'm down on my investment.
Over 60% of shares here are held by institutional investors. Are they all t**t's also?
I purchased on fundamentals here.
£7mil for a fully functional gold mine is ridiculous.
As pointed out, we did get funding, it just fell at the last hurdle.
This will bounce soon and bounce hard. It will just take a little longer than expected
I own £90k of GCAT at an average of 0.66p
I wont be selling a penny at these prices.
As Javier points out, the assets and fundaments are still excellent.
I'm confident that with the current POG we will get a funding deal no problem.
I feel bottom has been reached, mistimed my recent buys but I have complete faith here for great returns from this SP.