Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Brainer... I'm not so sure there is such a thing as reliable sources on social media..lol
In reply to somebody asking if the deal was further away than he thought... Oui contraire. Deals take months... #ADL have been in contact with the Bunga Mas people for ? Months 100% fact Conclusion to it soon.
redheadeddrager....Oh don't get me wrong I'm not saying your wrong in any shape of form and I hope to god that you are correct..The original poster made it sound like you just stick a barrel under a tap and open it up..The point I was trying to make is that it is not that simple... I am not disputing any figure you gave but the well was only run stabilised for a short time and while you don't care about the possibility of depletion pressures the fact remains that possibility does exist...You cant argue that... Like I said I am as hopefull as the rest of people,but I've been in oil stocks a long time and you never ever take anything for granted in this game..
Ironic,lets keep our feet on the ground please..As anybody who knows oil drilling will tell you..There is a massive difference between a very short oil test and continued production..There is a lot of work needs doing to the well and whilst we know it flowed on test maintaining those pressures long term is not something you just take for granted..
boom123 did bmd actually say that?? unless I missed something he said "they may be in for"????
That was the only rns they could put out...The important part is they have confirmed the story and are in talks..We just don't know how advanced they really are..At this mcap and with that potential,it's a screaming buy..Af ew traders are exiting as is to be expected but I suspect then we are going to see some sustained buying when people work out the potential upside...imo
The price is all over the place..
Thing is he knows a lot of people watch him whether they love or hate him..So he is conscious of his reputation before he calls anything on his twitter..Up 30% now but we all know if what he says is true that's nothing..time will tell..
Well we will find out soon,they will surely have to put something out one way or another with the price action today surely??
I'm not his biggest fan but you are right..When he calls something on his personal twitter account he his normally pretty much spot on to be fair...
Just on a tweet from BMD..lets hope it's true..
Guys..i'm not a holder here but thought I would just pop over and mention a couple of points on this as I have been involved in similar recently..I worked for a largish private company who owed the vat a few million and the companies financial position meant they were unable to meet there liabilities on the due date..They were surprisingly helpful,they have there own department for situations like this..As long as you are upfront before it is due, they were quite happy to structure a payment plan over 12 months...to recoup the outstanding balance..I have no knowledge of CVR but I cant see any reason why they cant come to a similar agreement going forwards...
The derampers haven't really turned up because there isn't anything for them in this...Lets face it,interest is low from buyers here,i fully expected a much better response if I'm honest.That said nobody is selling much either,just a few pi's who realise that this ones going to take a while and flipped somewhere else... I bought this recently but I wouldn't say it was top of my picks short term if I'm honest, but sometimes when I've had a good result elsewhere I use the profits to buy something I think has great potential and very cheap that can go away for a year or two for free so I'm not bothered with the price short term..Let it play out...
I just don't get why people fall and listen to these self proclaimed twitter experts,i do read them but they give themselves away.Classic example,one well known one has spent the last month constantly plugging ANR.When it fell sharply he proclaimed to be hovering shares up at the giveaway prices.Then in a reply to a post he gave the game away that he had sold all of them.Yet 12hrs earlier he tweeted that the price was to good to turn down and he was buying...He wasn't he was relying on the fact that he has that many followers he might be able to hold the price up while he was offloading...They always tell you when they are supposedly buying but I notice they never tell you when there selling...Do your own research and back your own judgement and you will be better off for it..
I'm a big believer in THR but I'm not overly shocked to see whats happened since the rns was issued.When I read it I was delighted,it was a great rns as far as I was concerned,however I expected the warrents to be sold and profit taking to happen,after all this has been rising steadily into the news..Some people were expecting a double digit increase on that as per the posts after it's release but aim is different these days,rises don't happen on potential,they happen on production fruition.. The percentage from those of us who invest on a long term plan and those people who invest for a few short months chasing quick profit has grown,people don't have the patience these days and are swayed by twitter ramps and message boards looking for the next big riser and those people have already gone..The warrants help the company,s cash position so they are different and I'm happy how quick they are being churned As far as I'm concerned I'm happier were we are at now than I was before regardless of the price.MTR would have a lot more knowledge than us humble pi's did about what was coming and they were happy to increase there stake so it's time to sit back and let the story play out,that wont be a few weeks or months but in my opinion it will happen here and those of us who don't trade short term but invest will be better off for it... Short term as with all these situations we will have to put up with posts from idiots deramping who know 9/10ths of nothing about the company or its fundamentals,but that happens on every stock which has a fall,they have there own agendas with regards short trading.. Stay long and we will be more than rewarded in my opinion..
I agree just people shouldn't compare the asx market to the aim.It would take major price sensitive information to suspend a aim stock not so on asx..I had a company suspended for two weeks on asx last year for the same reason yet when the update dropped it wasn't anything that special and it carried on trading in the same range.. Hopefully this update will be mega though..
Whilst I am as positive about THR as anybody I'm afraid that not strictly true.I can only presume that you don't trade the ASX market much.I do quite a lot and believe me they suspend stocks over there if the CEO goes out for a coffee...It's not like the aim market they are really hot on regulations and stoppin manipulation and stocks are suspended and released everyday.Anybody else on here who trades the asx like me will confirm that..