Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good post jg99. Best of luck with your future investments and yes, congratulations Giles. A savvy investor indeed! I decided to hold through the lean spell but so glad I did and even though I have a relatively small holding (under 1M shares), this stock has given my SIPP a huge boost. Fingers crossed for another positive update which will take us up to the next level.
Me too Iceman. I have held here for quite a while now. It has taken a fair bit of patience but it looks like the company has finally started to deliver. Let's hope the good news keeps coming when the April update is released.
To be fair, people have been buying! The share price has risen over 160% in the last 12 months. I would be quite happy with another similar rise in the next 12 months but I think it is likely to be much more than that if we can get these deals signed off. I'm quite happy to wait as I see the potential here.
Ricardo2019 - Yes it's encouraging to see the SP has held up fairly well today. Hopefully we can push on towards 3p next week. Excellent news this week IMO and if we can get that RCF signed off that will be the icing on the cake. I'm glad I kept faith in the company and I think ALGW has a very bright future. I am also invested in ZOE by the way.
Out of all the stocks I hold in my SIPP portfolio, ALGW is easily the most volatile! The SP really is all over the place. While I would prefer a bit of stability, as long as the price continues to rise over the long term I will still be happy. I have held for quite a while now and have no intention of selling as I see the potential here.
Lloydiee69, some stocks are susceptible to big swings in the SP so you have to take the rough with the smooth. In my opinion it's important not to put all your eggs in one basket and aim for a balanced portfolio to help minimise any losses.
Good post alwayshoping. I also prefer to sit on the sidelines but do post every now and then. Given the turmoil in the markets today the SP seems to be holding up nicely. Merry Christmas to all ALGW holders and here's hoping for a better 2021.
I have a relatively modest holding with Zoe but it's by far and away the best performer in my SIPP portfolio. I decided yesterday to do my bit to support the company by buying my wife some Zoe beauty products online for Xmas. They arrived in under 24 hours. The packaging on the products looks really classy. You can see they have put a lot of thought into this.
I have held shares in ALGW for about a year now. I usually keep a low profile on this forum but in response to your post Bots I think we all just need to be cautious. While we can't rule out a change in the fortunes of the company there was a fairly big rise in the markets today and I am sure this will have contributed to the significant rise in the ALGW SP. Personally I am still optimistic that this will come good. Best of luck to all long term holders.