Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bought a few more MM trying it on early doors they are truly unbelievable! Perhaps Oldgit is working his ticket for them? The company is confident and clearly knows good results coming or they wouldn’t have pumped out that teaser tweet this week on X! IMHO DYOR
From here with news due any moment and rig being put in position not sure how much longer we can play table tennis at this low level at some point it’s going to break out of this range and I would say today is that day after weeks of being held in this range. Getting exciting here to say the least! Remember when we were in 25-30 range with not anywhere near the progress made! IMHO DYOR GLA
Bought more yesterday a quick 10k top up and if it is manipulated back further will buy some more! Getting rather exciting here that tweet was a teaser and news could more than likely drop intraday! I hope so to knock the manipulative MM off guard! Bags to be had here and fantastic oversold entry price right now but for how much longer? IMHO DYOR GLA
That’s a fantastic update well worth waiting for we should now fairly rapidly climb over 1.00+ they’ve knocked this out the park finally and no dilution either! Bring it on and well done to all holders! MM will be struggling to fill orders now we are fully back in business and the phoenix has risen! IMHO DYOR GLA
My buy showing as a sell as the spread was so tight into close! IMHO DYOR
Yes I’ve just taken a few here as it’s gearing up and think this will start to make some leaps very soon especially as news is due and ducks in row. Cheap as chips would’ve thought it would’ve been a lot higher by now with all that this has going for it! Amazed I can buy at essentially old placing price! IMHO DYOR GLA
MM opened at 1.60 here at 8am after this RNS and went to 1.75 I think now we will end where we started at 1.60 again. Certainly been a smoke and mirrors day! But interview told us a lot actually and certainly reassured! IMHO DYOR
Market likes it after the massive tree shake pre interview now moving into 1.40 to 1.50 range very soon certainly pressure on the buy side building with NT for large amounts that will tip it soon! All those who sold inc me now back in the game! IMHO DYOR
Very encouraging and no mention of finance or even any hint so I think we are safe for now. The low cost unit and the money raised in Feb should therefore sustain. ‘Looking forward to providing further updates’ ‘aggressive work programme’
So I’m better reassured no raise from this until much nearer or after EWT beg July! IMHO DYOR GLA
EWT they say ‘early Q3’ much more encouraging! Lots of detail inc modular production system that can be modified depending on production so that nods to me they will start it quickly but expand with JV! IMHO DYOR
On reflection perhaps the plan is to simply get the production up and running initially to prove ‘proof of concept’ commerciality with low cost quick build production unit then plan to partner with JV to expand or get a takeover from major? That would make more sense to what they said today! I think that’s it! IMHO DYOR
That’s not a true statement ILS and King Tide carbon capture we own is doing very well that’s the cash cow as they build up the AI wellness side of things.
All these tiny trades look to me as though they’re free app spreadbet shorts playing with the price but interesting that MM wil take all of my large position from me in one go but try and buy same is impossible! Most I can buy without paying premium is 1.5k
There’s a reason they strategically moved the business in both these directions as both sectors are bang on trend to grow exponentially in next few months! The trend is your friend and I think ILS you see this too but want even cheaper entry! At this level right now it’s the lowest it’s ever been but yes we need a business update which I believe is soon. Buy when it’s quiet as once the focus shines back on here it will be providing a hefty multi-bag especially as there’s a tiny available free float! Patience pays. IMHO DYOR
‘I can understand their putting wheels in motion to foreshorten the time to market for production but, actually, we have seen nothing yet in terms of confirmation yet that there is any viability of that production.... and they would hardly be looking into the usage of a low rate production facility if there was the meaningful prospect of high rate production. So what does that say about their expectations for flow rates?‘
That is a very good point made CrustyPete indeed I had assumed or led to believe we would be JV partner for commercial production so what’s said in the RNS does not indeed align with high level production aka true commercial production not just commercial as in production and selling some! This seems totally at odds with expectations then! IMHO DYOR