Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Operational update
Anyone know how it went? Or what was said?
And I don't know about you, Tony, but I'm looking forward to the presentation tonight.
In the meantime I'm hopeful the SP has found its bottom; nice move up yesterday and held firm today (Google price same ask price as last night still)
This is one share that follows the miss Muppet rhyme..when the going is good it's good, when the going is bad it's bad. So good chance the pendulum has swung back.
Well, the selling pressure has abated so the buying pressure hopefully not far away,musicman. I've put my money where my mouth is today anyway.
At some point soon, possibly tomorrow or soon-ish thereafter, it will jerk up, musicman. The trend recently has been for that shift to occur pre-news so think we will shift gears soon.
That is a patently ridiculous if you understand the Stelios story; this is his baby, the reason he started and built the company was to be able to stand shoulder to shoulder with his shipping magnate father.
Thanks for that guys, very helpful and informative and always puts my knowledge to shame. Your input is very valued. As for myself, just trying to adjudge most likely timelines so I can decide when to top up.
Do you have any intuition on this matter, AG, as to how many drill RNS might be left? Iain and LW with somewhat opposing views. My initial inkling would've been for 2 or 3 more with a significant amount of metres still to report, although the presentations may influence events.
The 3 million buy doesn't appear to be an UT though
Even if it doesn't pick up from here it doesn't matter as it will pick up before the next RNS next week, as so often happens with this share. I said before with the flow of news here this share de-risks itself. Whether it falls or rises today doesn't matter as,on previous evidence, it will rise in the next few days
RNS' not showing on here due to the problems they had a few days ago; they issues a Twitter statement that all functions will be restored apart from RNS
Wish we could have a WhatsApp group haha
I second that, AG, nothing to read into it. And even if bad news were incoming this share offers a wonderful safety net in that, based on the wonderful assays so far, further strong results wouldn't be far away hence this share pretty much de-risks itself. I think that's fair to say.
Well, we can see what contributed to the SP taking a knock last week with a definite 500k sell. Hopefully a little bounce today with that out the way, especially with what's incoming here. As ever, fun and games.
Sentiment certainly should be booming. In a way, it's kinda surprising things haven't boomed more with the action we've seen. Writing RNS' is a painstaking process, hence the reason no assays last week but I'm fully expecting one early this week and another the following week as we ratchet things up.
I think alot of people have already taken their positions hence the rise to 20pteo weeks ago. Low volume ever since, the question is will there be an uptick later with Monday in mind.
Whether that's the reason or simply to get the ball rolling so less of a delay before DFS and MRE it's clearly been a strategic move
You can predict the dips, more or less, but risky unless you can also predict the RNS'; I think it's a fair estimate we would e had the next RNS by now if it weren't for the MRE and term sheet updates. But great progress this week, I should think all LTH's will be pretty happy