Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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https://twitter.com/eqtec
Some old copy and paste job though mate.
How many companies have had a new CEO, New Money and a New Approach and failed.
As I said, to take us to this mythical 2p we need a 100% increase from an RNS and that still only takes us to where people "think" Eqt is worth.
So why the hold up?
As I said, we are now at 1p which is a terrible place to be given the highs of 1.7p not so long ago. If he comes out with a stonker of an RNS it needs to push us up by 100% to even reach this mythical 2p
Is that likely to happen?
The funny thing is that nobody here can call what will happen.
IP might have a pipeline but he HAS to convert this pipeline into revenue-generating contracts, he has not shown he can do this yet.
The SP is slipping every day now and how is that shareholder value?
What happens if it takes him until H2 to do this? We might make a tasty 50% gain but from where? we need to do 70% gain to get back to 1.7p which is where a lot of people bought in at.
Do people realise that every day we slip 2-5% we still need to regain this so a seemingly huge 50-70% daily gain will just take us back to where we were around Pheonix RNS
wow RufusPyke you sound like me, I hope the "Oracles" who seem to have gone into their caves lately don't blast you for being logical and frank about IP and his seeming lack of knowledge of investor/stakeholder management.