Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
what is the date of this ad?
You know where he is? I have no idea. Gone AWOl.
Look at last time they needed to sort out financing in much worse conditions. Went from 16p to 45p in a couple of week. At 16p it looked like all the hope was gone...
They must issue an RNS surely, it can't continue like this.
They take it down with every trade no matter buy or sell. I must say FCA really needs to look into all of this.
Has anyone written and/or got a reply from the directors? I just don't understand who in their right mind would issue an RNS taking 50% off the sp to tell the market they might need a placing. Do a placing then at 16p and then release the news to the market!
I am thinking of adding at the first possible opportunity. Giving my shares for free to the MMs - no, thank you.
The downside of extending the further drilling programme is that people will start losing patience and this might result in the extreme sp weakness in the dire times like this. I would prefer a sale (it would still be multiples of the current sp if 2MT is proven) or a clear guidance from the Company on what is going on and what are the plans and what further drilling will bring to the table. Clearly we need some news one way or the other, this just can't continue like this...
If he is giving an interview tomorrow, I doubt there might be any BR sale news as you don't discuss these in an interview, even if preceded by an RNS. Overall, I am very sceptical we might be at this stage yet, way too early seems to me. Of course, I would love to be proven wrong.
Has anyone been in touch with the company to get a clarification on their poorly worded RNS? My email was left unanswered, maybe other have had more luck...
I know it may sound a bit ironic, but has anyone been in touch with our CEO lately to find out what's going on?
The bit I don't understand is why would they need any financing - what happened to the secured loan money agreed just a month or so ago? Have they already spent it?
Thanks, theiceberg. So does it mean that there were some large "buy" orders today MMs were trying to fill? That could be helpful as normally after such a rise we would be dropping back like a stone. Hopefully, the momentum changes here.
I also did not understand this share price action and price monitoring extensions today. What was the need for them?
I think Colin and the team need to direct part of their efforts at trying to attract a couple of institutional investors to purchase some % of the Company for longer term holding. Tired of seeing any moves up continually sold into. Hope we have moved past that as it has been for quite a while now.
Bought here again today, I expect a bounce back to 35p area.