Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great to see this stock steadily rising on reasonably positive buying volumes. Looking forward to the AGM statement update, hopefully with some more positive news. At last , after some additional top ups I'm in profit on this one! Happy days after 3 years. GLA
Thanks Jayfella72 , have a very positive view on this stock and on reflection should have perhaps gone in a bit heavier - I see the buys at the end of week were up at 3.8p against my 3.72 with some big trades. Hope to see some short term action, but think this is a 10-20p stock, a year or two down the road if the strategy pays off . Still a lot can happen, good & bad, so here's hoping! GLA
Hi just took a position is this stock following the VOX interview , was really impressed by the Boss Scott and his experience. Will be looking to add here as the story unfolds and look forward to contributing to the BB. Any views on next newsflow and timescales ? SP targets seem to be in the 5-8p range, but this looks like a longer term investment rather than an AIM spiker. GLA
Thought the spread looked odd given the trades - cant Buy at HL and the dummy sell was 32.5, what a difference it might make if we get into the LSE share risers table today!
Have been here since 2013 , and now getting the sense that things are starting to move. Bill D has built up his stake and I suspect will add further if the sp stays at this level for another month. I have added today after his large buy yesterday- The company are doing all the right things from the newsflow, last results and senior hires. Investor relations (or lack of any) is a key shortcoming just now , but my view is that we are seeing the positives coming through and the next 2 set of results should confirm that, plus maybe even a couple of accretive acquisitions to add some spice! Suspect there are a few peeps watching this waiting for the "right time" to enter, clearly some have bought today, heres to more tomorrow! GLA
Pre market price for Sandstorm is $3.75 ( per Seeking Alpha) which translates to c 100p GLA - one that I missed! Congrats to holders!
Great to see additional investment at the market price ( therefore no dilution to existing holders) . Warrants should be priced above market price ( like SOU) and provides ECHO with the necessary funds to complete the acquisition . Sounds all good to me And looking forward to the mtg @ 11.00 today. Good luck all
Think it was 72p
Have been looking at this as another LTH from the Cupid days, looking to add and average down before the "big event". With the trading update, new senior hires and the investment it might take another 6-12 months but one day we will see 50p again!GLA
Debt outlook up and no meaningful increase in profit growth- looks like another 2 years before we get back to £2+. Topped up - I'm a believer!
Last few updates from Mr Soames have shown incremental improvements to trading and some one-off benefits. I'm looking for growth updates over the next 6-9 months that will push the sp over £1.50 to the £2 range . By then we should be making progress on the free cash flow and reducing debt sharply.....result re rate to my £3 target. Might take till 2018 but everything pointing in the right direction GLA
Hi my understanding is that the company are still in growth and acquisition mode so I would not expect a dividend in the foreseeable term (2 years). I have been in BREE for a couple of years now and think it is a great growth stock with strong capable management and terrific track record. My personal target for 2017 is that it will hit 100p at some point- it has been stuck around 70 for a while yet has been growing strongly both organically and acquisitions. Time for a wee re-rate! GLA
Thanks for the welcome to the board! Nice to see the increase in sp today and agree that this is hopefully the start on the road to 2p+. Looking forward to the news on Wednesday (positive !) and hopefully that might also result in a a bit more newsflow . GLA more to come!!
Been tracking for 4 months and have just topped up twice in last 2 days. Re read the company presentations / prospectus and looks like there will be news on Wressle /Hardstoft and probably Malaysia in the next 3 months all of which could move the price up significantly. Great experience and connections on the BOD, all lined up for launch GLA
Received a reply from the IR team (Tavistock) @ LEKoil. They confirmed that there would be an RNS if the timelines changed and therefore the current view is that the pipeline and production will be delivered by the year end . I queried this on the phone, but that was there final answer. Need to draw your own conclusions, but we might be due another RNS over the holiday period. GLA
Agree MEM - I emailed IR today asking that very question - will post the reply if I get one. If 8 weeks ago when the placing was completed they did not know that the pipeline was going to be finished and production was going to hit 10k phase 1 target, they should have told those investors of the delay/potential delay. I have asked for indications of timescales for pipeline completion and when production will commence If they are 80% of the pipeline this week , does anybody know how long it might take to complete (presumably 8 weeks , back in Sept from the Half year report). IMO Hopefully only 4-8 weeks for production and 3 months delay until phase 1 is reached The delay is costing around 1.2m barrels for a 3 month period, when prices are stronger and they could be hedging (in case the OPEC deal falls apart), which they cant do if they have no production and no timeframe GLA
Peteb308 Interesting perspective - I have noticed that we are getting a few Company Holdings RNS showing increases in the larger holders, but these volumes don't seem to tie in with the previous few days share trades. I do agree with your hypothesis on the trading ,being a new holder @15p avg, but given the small trading volumes on AIM I can't see it being a significant factor to the MMs. Good luck and here's to 30+
Hi all - a long term Cupid holder that is looking to increase my stake in this but looking for info prior to the interims which should be out shortly and first proper indication of what the new coy might be capable of. Spottedlurcher - did you get to the AGM and get any feedback? Cheers