Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The shares have been trading since 2008, I don't know why people think that means its suddenly delisting. Nothing has been announced to that effect.
It's in auction currently. Bought some more on the pullback. Been a few profit takers this morning who caught the lows.
Seems interest is definitely building here.
Distressed seller has sold out. Look at the volume from a few days ago, a huge 4.5M shares. The market makers will only absorb the seller at a discount, hence the price jumps down like that. They can only sell once, hence, looks like a recovery play now, and as such looking to ride this back up.
Looks good for a bounce here. Distressed sellers always give opportunities back to the market.
Noisy - Agree
Ethereum have got catalysts coming up as the big banks push for ETF's,
Solana's got a system where the more adopters, the more coin buyback and burn's they do.
Either way there is a clear strategy to exit now from the company and they are clearly waiting for the next spike to capitalise for the shareholders.
The Crypto market looks like it is consolidating nicely from that initial rise this year and I feel like its gearing up for another push into ATH's. Which could result in a NAV here of 10p+ quite easily. IMO.
R9505571 - Yes they have to buy BTC to balance their books.
It doesn’t do anything with crypto though?
Jeez where is this money??!!!!! Wonder what he will say if it doesnt turn up by the end of the week.
Proof of funds mentioned in the last RNS gives me confidence that money is being transferred from India to the UK. If they do pay next week, it’s approximately double the market cap valuation in cash. Therefore feels like good risk vs reward play.
Why would you buy at 3p when the risk of a placing is so high? I dont get it.... averaging down on losers is not a good strategy.
A lot of noise about the company requiring additional capital to fund the next drilling campaign. Assume the repair situation is not helping. Does anyone know if the rainy weather will defer the drilling to next year?
If it opens 4p that’s a generous bid… was expecting 2.5p-3p
Derampers going on about warrants that haven’t even been exercised!
Nobody got in under 0.85p today really so it’s not far off the floor. Reckon it goes wooooosh in the morning!
Bashers turn up because they miss the boat. They just need to buy early doors tomorrow…
There’s no red flags in this deal… looks great.
The warrants are there to be a mechanism to provide cash to the company if it needs it. There’s nothing to say that they will be exercised near term or that they would be sold. I personally don’t see any issue with the warrants. This one’s gonna get chased higher tomorrow for sure, the placing moneys in at 1.7p … Saudi financiers are not stupid.
NT now at 1.1p. Few more locked out!
Getting locked out... only going to trade back to that 1.7 initially imo.
Theres a big hint here....
During the course of its due diligence, the Potential Equity Investor has advised that it can, where suitable, introduce companies in which it has an equity interest to AMTE Power with the view to generating offtake agreements for sodium-ion battery cells.
It would also provide similar introductions to other companies with which it has strategic relationships, where battery technology is currently being deployed at large scale in various industries, for example in renewable energy.
Institutional investors have come here with deals lined up i suspect otherwise why would they take the position!!!!!! Saudi backers they are not silly. Possibly a big turnaround story here. Means the free float will be only 30% in public hands.