Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Whilst I'm interested to see what the future holds here post the expected Atomic deal, I'm trying to keep a balanced view.
Do I honestly see the share price shooting up? Most likely not, and I think the talks of anything near 1p (whilst I would be happy to see) would be at least 1 year away, at best. At 1p that would put our market cap at around 100m (before any further shares being issued), you only need to look at some of the other companies in the same sector as a comparable and I just don't think we are anywhere near that level yet.
On positive Atomic news, I see the most likely scenario of getting back into the 0.3-0.5 trading range.
GLA
from memory, most of the Nigeria related news has been released around the 2:30 mark, lets hope we get something today
same - i can only see that they are a standard insurance firm
a great find, lets hope we finally have some direction
my guess it is extended until June, i get he has held out until the last date in the hope that something would've been discussed/agreed before today
not so sure it is included - we are talking about $4m of shares at the COPL closing price when the Atomic transactions completes - this placing isn't being done for Arthurs benefit for raising cash but to provide the Atomic owner with future performance
I wonder if its related to the intertrader position? i know the recent rns stated they are now below 5%, if i'm not to be mistaken, they don't need to issue any further rns's to confirm the position being reduced given its now under 5%???
sorry just to be clear, i expect the date to be pushed out until June this year for an extension to be granted.
I'm expecting an rns today or tomorrow saying it has been extended - no news on it to date with just 2 days to go says enough.
However, if we do receive a surprise that it has been extended then expect this to pop - would all tie in nicely with Arthur still looking to complete the final placing of the 4m at the Atomic deal close.
a clear RNS from Arthur, great that he has been able to update the market prior to any speculation kicking in that the deal won't happen. Also protecting those in the recent placings.....
GLA
nice - slowly getting there
just the casual 40m @ 0.2701
a nice 18m just popped up
Interesting thoughts all, agree will all of them really, funny how nearly 2 months ago it was our only focus and now it would be a nice to have given Atomic.
Still, would very much like the extension to be agreed as will only help bolster our core share price.
The current price action reminds me of the push last year from the 0.3 to 0.4 and above, it took a while to churn the placing shares and then we started moving.
Just need a little patience here before we start moving above 0.3 (and hold), I’m hoping we can be between 0.35-0.4 by mid feb prior to confirmation of the atomic deal.
What are peoples opinions of the expected Nigeria news due by this Friday? I’m fully expecting another extension given the lack of news/updates since October
some more late trades coming through, all with publication time post 4:30pm and not UT's
4.5m @ 0.31
7.5m @ 0.305
3m @ 0.317
5m @ 0.31
I hold a good sized position here and normally this BB is a good read now and then to keep up with the markets mood - I haven't read much this morning but when checking in now I cannot believe the impatience of people here, and still writing posts for the sake of it questioning everything under the sun.
If you can't sit at home and forget your position here then I suggest reducing your position to something less material or invest in a different company.
We are a million miles away from where we were back in late November but yet people still aren't happy....
GLA
0.32 just paid on good size
0.33-0.35 is the main level I'm watching, we jumped there on the initial news of the atomic transaction.
as it stands on level 2, we are due to open at 0.29-0.30 1v1