Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have also now reported this. Given the volume and timing , it needs to be reviewed , for the integrity of the market place
These are good results…. Opex includes the revenue share pay off.
It’s just underhand. Imagine if they issued this growth and the in a month did the equity raise ? It would be at 15p plus. Also stock was so short , there was no way for institutions to get 20% of tthe float at a decent price.
The 8p is clearly to help out insiders and institutions, as was the 6p - albeit we let that go as AOP had been so supportive.
Even a winner on aim can and has been stolen.
Raising equity whilst getting £20m of debt … beggars belief.
Well if I got shares at 8p coming in the placement I could short sell everything above 8p and make a profit. Even 9.6p is a 20% return. This is why this relatively small placement creates downside pressure for a good while . Just like the 6p did
Dark - change the x’s - otherwise you can’t post links
Otherwise Google fca insider trading complaint, and the link comes up to the web form
These results are good / great . BUT 49% of the company was given away at 6p and now 30% more at 8p… when we were at 13p? We even raised debt. Why the hell are we raising at 8p??? If we waited for these results and then raised it could be at 20p…
Corrupt .
Fca link to report the suspicions is below.
hxxps://www.fca.org.uk/market-abuse-reporting-form
I think they can reiterate guidance or not. Which will be huge
Bigbite. This is useful insight. Thanks
No he’s not factored that in: further , raising cash will be easy in 2024 if this is anywhere near the current trajectory … it’s not like raising cash pre sales last year for really obvious reasons.
If they complete fail to grow and stay at current Levels then yes , cash won’t be their only issue …
However, there is a risk that up to £13.6 million cumulative revenue recognised in respect of certain products in periods up to and including 31 December 2022 may be reversed due to the level of rebate being applied.
… some people need to be in jail … unbelievable
I don’t think it’s right to say “ all we have is the cfo”. We have 2 quarters of sales values and 100 staff.
If and when we have four quarters this won’t be anywhere near 12p a share.
Hi biotech, correct but application may be off.
Example:
Pre sales ramp : risk free rate 1%, risk of delivery 10%, country, political , medical risk etc 4%
Post 2 quarters of sales proof: rr rate 5%, risk of delivery 4%, country, political , medical etc 3%
Thus as risk of delivery has massively reduced the discount rate can fall.
CFA
What sort of pump and dump happens at this volume ? They’ll hold their own baby
They’ve provided very clear guidance and on cash. Also even IF they had to raise cash , it’s not going to be hard and it won’t be at this low price.
But that’s not on the cards. They’re covering their compete staff hiring from resources
Yes , this is fantastic “ May grew 28% vs April, and June grew 30% vs May”
Indeed, and it is exceptionally good news. All of a sudden even the moat of the fda process and filings is worth the market cap to a 3rd party.
Certainly expecting a move higher, we were £1.36 at the start of q1 when it was first expected
I've sorted it. Apologies for the lack of proof reading !
Hi guys - ask I hold shares in Halifax and Barclays stock brokers - how do I get a letter or representation to be able to join the meeting? Or how did you show proof of ownership to walbrook? Thanks
Excellent update , you couldn't have a better asymmetric investment imo. Enjoy
Reuters have a pretty good article here:
hxxps://www.reuters.com/markets/commodities/lithium-price-slide-deepens-china-battery-giant-bets-cheaper-inputs-2023-02-28/