Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It sat at 2.4 in the doldrums for a year or more, then spiked 6-8 on speculation of California opening up to online gambling. Then when that got rejected/delayed there was an incredible fall to 1p. I think this rise is just people stocking their bottom draw. The SP jumps on speculation and this is just a rise back to 2.5p. The SP is low but in the past the company hasn't seemed to make any money. Its a steady ship and one day Rodney...
If you want my shares you can kiss my ...
This share is like the the escape boat in the film Papillon. It gets sold over and over again . This asset is a monster, no doubt about it, but if you want me to buy it I want access to a port from which I can sell it. It needs infrastructure and that's expensive. I defiantly want political stability. So the big 'when' is when they need it. China is pro Africa but knocking down buildings right now. However Saudi needs green ore. Sooner or later Africa will exploit it's mineral resources and the last RNS said something's gonna happen by Christmas. I've been in this since the Hadean Eon. I bought 200k at 4.6, bought a 100k a 7p, sold 50k at 10p then bought them back yesterday. I think it will be 20p by Christmas but do not buy any. I am telling you I am not a finical advisor. You can't sue me if I'm wrong.
Look into my eyes, ignore the pocket watch that is swinging before you. Look deep into my eyes! You are feeling sleepy! When I count to three you will fall asleep. 123... When I click my fingers you will wake up and buy SOLG at 10.5p per share.... Click!
The Egyptians built the pyramids when the earth was not so massive and the moon was way closer. Therefore the weight of thew blocks was less. The blocks did not 'weigh' what they do now. Simples.
The buyers need to flush the sellers out, slowly does it.
In an otherwise bloodbath on the market Zioc held up well. There were 11 million shares traded over the last few days and allowing for the 30 percenters to take their leave we held on to the gains. i expect more volume tomorrow.
If I go to Cascabel with a bucket and spade then take my 0.0022% of the recourse, then pan it out, I'll get my money back. This is gold in the ground but a dodgy political climate. It will take a while.
I remember when they first discovered it back when the SP was 8pish. This board couldn't believe it. The SP went to 23p in short order. They still have the gold. it's gold not coal! I'm surprised they are not churning it out after all these years. I was going to buy in when it dropped to 15p but didn't, however I bought in today to join the moaners. 10.78 x 50k. GLA.
Wow something is afoot. it's 9.50 am. What will it be at 4,30?
Thanks, that made me smile.
...we are now engaging with strategic entities interested in participating in the Zanaga Project, and intend on securing a selected partner by the end of Q1 2024". By the end of Q4! That should about do it.
I can't see anything bad here, it's funny the MM dropped the sell price but the buy price remains the same. We are still waiting for positive news but I'm prepared to hold. They are still well positioned in a massive market. Creating a dynamic website like GGPoker, BET365, etc is the way forward.
At last something to chew on.
This is a cost cutting exercise. All good. Shares are cheap today.
There must be no free float. A trade for 1 share went through and the SP went up 27%.
Seems to be a very liquid share if no institutional investors are buying. 2/3 million pounds changes hands everyday. We have been told what the problems were and how they are being fixed. So, lets see. There's high grade lithium in them there hills.
Is there another ballot? Surely the Californians want to make money. What have they done with that racetrack that got closed. The failed ballot and the closure of the racetrack tanked the share price from 6-7p to where it is now. The share sat at 2.4 for years so this is maybe putting it back to where it sat. It does go up quick. They don't like to update the market much, perhaps NDA or more likely cantering on waiting for the next ballot.
So there's no takeover, nobody's visiting nobody this is just a junk share where there are rampers who talk the share up so the management can sell paper. Anyone who ramps this is a disgrace. From 18p to 3p and the shares were printed off. Do not buy this share.
Glencore purport to buy half the shares sold in a day yet the SP falls daily. It's odd! I thought they were committed to supporting the share price with the buy back scheme. What would the the SP be if they hadn't started the buy back! What's going on?