Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If you are new, then this question is fine. However one should argue why it so much in the first place. If it was not for the death spiral finance by RF, we would have never seen such a pathetically low SP value. So the answer to your question is that with RF chapter almost closed, the share is moving back to its original value which in my view is anywhere between 60p to 75p.
Seems most of the company’s shares are held in few hands only, mostly LTHs. Hope this comes good for everyone. With RF almost out, expecting this to settle between 60-75p before any big news. All the best everyone.
Great hurdle has been cleared now. As someone said, the SP should not have been beaten to the lows we saw but it is all history now. Upwards now.
It has been painful for LTHs but adversity brings opportunity. Nice price to get in still and average down.
All the best. This could be the year for SAR.
I think before the RF debacle we were around 100p and if I am correct we had 60 mil shares in circulation giving us 60 mil market cap. With RF being almost settled, we should soon see the same MC which equates to SP of 60p with current number of shares in circulation. Any thoughts ?
Obviously with positive news we should cross 100 p and beyond.
I understand fear creeps in such situations but let us all have faith. The trend can reverse with one good RNS and completion of ph1.
There must be many who understands the importance of our product and willing to support.
Good luck all