RE: Quindell2 Jan 2018 11:51
Happy new year! lets hope this year is better as some of my largest holdings (inc RLD) are being hammered!
Just so you know the true trades so far today are 1.5m sells vs 1m buys.
For me our presence in the region is very important, if we do go into lithium or gold then we have a track record of 'doing things' on the cheap without a significant amount of capital required.
My faith is in the team, once sapphire prices improve the plant can be put back on for minimal cost, we need to secure those routes to market for good margins otherwise there is no point in restarting the plant just for the sake of it.
If we secure some sort of off take deal for the sapphires then that would be transformative for the company.
The current SP is disgusting for us Longer term holders, all that we can do is wait