Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can't believe people can't see this. This thing will be way bigger than unilad and will no doubt be bought out within a year for many multiples of the current value. So much consolidation in this market.
That's a third of their market cap just for starters. Wonder if we'll get more RNSs this week?
https://twitter.com/IconicLabsUK/status/1171009312862494720?s=20
https://twitter.com/IconicLabsUK/status/1171009312862494720?s=20
Ricky - My post was elicit level headed and realistic debate, which I welcome and not a deramp in any form. Folks need to understand the pieces of the puzzle that need to be in place before any proposal is submitted. Currently, there are a couple of major pieces still need to be found.
People need to understand this isn't just a case of a 'Green Light' suddenly being announced. Anyone who posts here or twitter promoting that mind-set is woefully ill informed and have probably not made a wise investment.
It's also worth pointing out that Mining companies (in particularly Western ones) may be a little hesitant to get involved in this controversial project due in part to the current rabid nature of the environmentalist lobby.
Timing is everything and the coal isn't going anywhere fast.
It does not help either that GCM don't appear to have any adequate IR department and PR is obviously non-existent due to the fact that things need to be kept on the low down due to again, said rabid lobby.
People are being a little deluded if they think that a 'Green Light' will suddenly happen one day. There is an ordinal to proceedings here and it's unclear as to how far down the path the company is. Keep in mind they are a 1 man outfit who have a small project office (Dyani) at their disposal.
Firstly before submitting a proposal they need:
1) A Powerplant partner - Power China - Tick
2) A major mining partner (s)* - ?
3) Project Funding (They are not getting this without 1 or 2 in place) - ?
4) Ancillary / Project Support - This is confusing as the contract with China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd was not clear as to what their involvement would be. Also surely Dyani would be covering this function - ?
Without the above in-place then no proposal can be submitted as the Gov. of Bangladesh can't consider a proposal that doesn't have the key players and funding in place.
The most recent RNS regarding DG Infratech Pte Ltd was worrying, due in part to the assumption that the 'approval' would be somewhat of a 'slam dunk' once said proposal is submitted. It now feels that this latest company has been brought in to influence their approach, which does seem to indicate that the playing field has changed and they need help negotiating the political minefield.
All in all, previous assumptions that 2019 would see this project green lighted seem optimistic as the company don't seemed to have progressed or finalised their partnerships. Also, PowerChina only signed for 12 months. Without only 3 months left of 2019, it will be interesting to see what arises and wether PowerChina extend their JA in a vote of confidence.
https://www.proactiveinvestors.co.uk/companies/news/901437/iconic-labs-qa-901437.html
Christ, you guys need to learn to read. This is a stunning RNS.
Expect some large increases next week off the back this.
It's a Q&A not a contract RNS FFS!
No. Totally different.
Take a long hard look. Last time you'll see 0.1 in the price.
If you've had losses elsewhere, here is the place to be into September guys.
Easy Money.
I'm just trying to get £1.5k
News imminent (today / tomorrow) can barely buy anything now of a decent level. Feels like brokers working on a large order.
A huge gap to fill between 0.23 and 0.34.
Pretty dumb summer slam dunk really. Over sold with a shed load of news due.
Bestmate - Think a lot of people in the same boat and need to understand this is a completely different company now in a market that actually exists and booming (unlike the stem cell one) .
It's all going to happen here quicker than most people realise.
First gap to fill to 0.23 then a huge big gap back to 0.34.
Don't want to be caught with your shorts down when this starts moving. Momma
A lot more news and development coming this week. Gloves are off now.
Buying is very strong. Pretty clear this has been bashed down by an organised group who are about to lose quite a bit.
Warning, identified a number of ShillProfits derampers on here an twitter. Very suspicious campaign started at almost the same time yesterday. Gary Newman is one. Reso , Redhammy etc
Unfortunately, kind hearted Gary is currently having is a55 handed to him on twitter. The article posted up here is utter nonsense and a lot of it complete tripe. I'm not even going to entertain going through it.
Believe these guys at you peril.
This is the turnaround. A lot going on in the background , lots of news flow and activities.
Time to average down or simply just get in and enjoy the ride.
https://mobile.twitter.com/iconiclabsuk/status/1163167307956441089?s=12
All these butt hurt AAOG investors think they can get some purchase over here.
Here's a plan Angela, get of said hurt butt and travel to London (or the Congo) and go and meet the man. If you can't be bothered to put in the hard yards then don't bother investing. It ain't a fruit machine.