Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The last time I took a punt on a share that matched the risk/reward profile of MED the sp rose 2800% in just two sessions! (ITS) I see this around 5-6p after the JV is signed in full and the first two tranches of cash are in (probably two weeks thereafter) that's a conservative estimate.
If you like the sound of the business model here but don't like much risk I wouldn't invest here currently and would wait until the risk is lessened and the sp is in the 1.5-2p range post JV completion news, I can envisage a good dividend here
going forward and may well be one to keep in the portfolio long term. IMO
There will be naysayers (there always are) But they soon disappear after breakout.
GLA
RD
Make no mistake about it, there are only two camps commenting here.
1. Short or want lower entry.
2. Long and want higher exit.
There are no guardian angels on their keyboards here.
I’m long and believe Vast have gone for it big time and overstretched themselves and therefore investors have taken the pain, I also believe the tipping point is somewhere between June 23 & Feb 24, I also believe this could do well over 1000% over just a few weeks at some point.
GLA