Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The low Sp is solely to do with the failings of the BOD.
Nothing to do with Shorters, MMs, Trolls, posters on twitter, lse or anywhere else.
The BOD are the only ones that can make the SP go up too if they start communicating with the market in a professional way. Traders will come and go. But they need TR1 interest but only get that if trusted BOD I guess. Not many TR1 buyers so far!
Every buy is matched with a sell. Its not hard.
What i am more interested in is who is selling at this level and why.....hhmmm. pi's always last to know!
Not TR1 buyer either so likely new punters or people topping up to get average down.
There isn't an alternative as no one seems to want to lend copl money.
If they pulled out would be the end for copl but also Anavio lose everything so surely not in their interest. I'm guessing we also need this money for JV to be happy to carry on discussions.
We will soon find out by end of the week!
Rns:
Completion of the Financing is expected prior to the end of September 2023 and is intended to sufficiently fund COPL in to the first quarter of 2024 for production growth and to conclude the previously announced joint venture (the "Joint Venture") negotiations.
You could buy and sell on HL since the open.
Seemed like your order got filled soon after your post.
Anyone good luck with your top up.
Guessing alot sitting on sidelines waiting for finance to be signed by end of the week or to hear from the CEO who has just left sp slide from 3.65 to 2.1 in less than a month.
Stop with the NT to buy. No one falling for that ramp.
You need to change platform as you can buy.
Someone selling clips of 100k, 200k, 250k but waiting for buyers. The sp has dropped to find buyers. So you will get order filled.
FF let's hope it's tomorrow and no shocks. Then can move on.
F1 most have been pushing time lines back - always next week, next month, next year as weeks drift by. Everyone second guessing with what Limited information we get from bod. Maybe would be good to hear from the Ceo one financing is signed and sealed.
F1 you would hope. But sp has gone from 3.65/3.7 when that rns was released and is now 2.2 and could potentially go lower if bod remain silent on all fronts.
The financing was meant to close end of September but delayed. Rns didn't state why just said on track to close prior to 6th October. So could be tomorrow, Thurs, Friday.
Just hope this production numbers or sp collapse isn't affecting it!
FF as its obviously been delayed from rns yesterday as was meant to close end of September as per previous rns.
Could Anavio ask to restrike terms of agreement. In 2s instead of 4. Creating a load of extra dilution!!
Another cracking day for shareholder value. Company doing a fantastic job in comms as usual. Keep it up.
Known rampers should be ashamed. Same names that were strong buy for a Yr or more. You all know where the sp was then. So if this does miraculously bag from here don't be going oooo I told you this would go up. As you all called it wrong.
Goldbar I'm more interested to know who is selling large amounts / blocks of shares at this level to facilitate this buying if we are on the verge of great things. What do they know. Not seen a TR1 buyer in a long time. Not seen a bond rns is a while. So hard to guess who is involved either side of these trades. As people post ooo 5m buyer but remember every buyer/s are matched with a seller/s
Oxygen the company defunately habent spoon feed us. Last we saw a Copl CEO was when Art told a load of rubbish in 2 proactive interviews end of 2022. So misled the market on numerous times when the sp was around 19. Zero duty of care. Car crash financing. Jv going on since last October.
Not sure what companies you have been invested in but never known a new CEO take over a company and have zero communication with his shareholders and caused continued sp destruction and still remain silent. Communication doesn't mean spoon feeding. It's their job.
Exactly Duster. It isn't hard to release an RNS. CEO came in with sp of 3.65. He has not introduced himself to his shareholders, not put out a plan of action, not updated the market on GGS that has been installed and up and running. Rampers will say not here to spoon feed you but remaining silent is completely unprofessional letting everyone second guess what is going on. Sp now 2.35 and likely go lower with uncertainty of what is going on. Fingers in the air for guess at next month's production.
Has to be the first time when we have dropped for no one to blame the MMs. Think people are finally starting to realise its the terrible BOD to blame and not orchestrated by MMs. Poor MMs getting smashed in shares first thing likely by someone knowing production numbers prior to release. Hhmm
Only another 13% wiped off the sp....nothing of concern to this BOD. Keep up the great comms.
Uncertainty at its highest currently after today's numbers as known rampers try to claw onto some positive on a falling month of production even though higher . Others trying to guess and chuck ideas out there.
All this could be dealt with if the company put out an Rns to explain how GGS is performing so far and how they are using it to increase production. Its not hard. Or have there been issues. Duty of care to shareholders. Part of their job. Ceo is a joke. Cathy be better at the job!
Duster you were expecting 40-45k now think 35k is reasonable which is lower than July. Ha. Nice one.
Even the rampers are flustered at that number.
Would be nice for the CEO to explain reason for the decrease. And forward looking statement as GGS been going a month now so can see what is going on. But no remain silent as we drop another 10% on continuous uncertainty.
Ramping from usual been incredible last 24hrs.
Daily sp fall under the new CEO continues. Think had a down day every day since took over early September when it was 3.65. Pretty decent performance. No wonder he is hiding.
Guess will have to Rns real company Information soon. Can't remain silent forever. Wakey wakey.
Up 5% on the day and people talking full take over and posting every tick up! Rumours circulating!!
If we were up 100% today on no news then might be more interesting.
The Sp was 3.625 when the new CEO took over on RNS release on 6th September. Its now 2.75 !!