Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Shares seem a decent price at the moment the lock in is only a small concern and maybe some profit from BIDS coming over here.
So we still think these won’t be dumped when the lock in period is over in a few weeks? If the company is winning contracts and making millions it won’t matter what they do I suppose.
Showing as a sell is definitely a buy.
Coming 14th that’s usually when the price drops or at least heads downwards the week or so before. Looking like it might hold around these levels at the moment though. I like this company and will stay on the side lines for now to see if I can get any cheap when the placing shares hit the market, I could well miss out though.
Sounds a great deal and if it comes off the current SP is cheap. Looks like a no brainer to buy more shares at this price but I doubt I will be, just something with this share that makes you think it’s not that simple. Could be wrong and end up kicking myself but if this goes above .5 I’ll be happy with what I get.
Yes but it was only a ‘letter’ that no one has seen and was produced a few days before a placing. The money should be coming and if it were any other company I’d be buying some more shares in anticipation as $6 in cash will move the share price up, But I won’t be buying any more as I’m not totally convinced and don’t want to gamble any more money with this company for the time being. If we were all confident the money was coming you’d be mad not to buy now but there will always be that bit of doubt and that is what’s stopping me.
Why can’t these directors just pay themselves a normal wage or less until the company is actually making money then pay themselves out of that instead of daft amounts out of placing shares. I got one won’t be buying shares in any more companies that aren’t making profits and the directors are paying themselves daft amounts. Thats my new investing rules anyway, different for trades but long term holds I’ll be looking at who’s getting paid what.
What has this company got to do to get the SP moving? Another decent RNS today and still no movement. MOD is looking like a really good find, maybe not SOLG level but still potentially very good yet no reflection in the SP movement. Not to mention Sprott involvement. I think this will come good sooner or later but you would think it would be well above these low levels by now.
Starting to look more and more like a George Roach lifestyle company to me. The business is making a nice profit but after all the directors have been paid its losing money and I still have no idea what George Roach actually contributes for his wages here, as I’ve said before if your earning £300k pa for another company how do you even find the time to have other jobs. The only thing keeping me here and with a bit of faith is the fact Mike Joseph has put a lot more money in here than me and I don’t think he will stand for it being used just to pay the directors wages for a few more years.
No real reason to drop except for people slicing or taking profits which is fine but will be plenty buying on rumour for at least the next 5-6 days before results are out, that’s when you could see all your profits wiped out. Until then no real reason for it to drop. Buy on rumour sell on (or before) news. News could go the other way and send it up to the 40-50p range people are talking about but you’d have to be brave not to take some profit before news just incase it’s bad.
Surely in a better position than on Thursday so should be close to 4p.