Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The share is under the radar for most investors - this is massive news today and from the announcement the rollout could be relatively quick.
ACP has become a ‘look back in a few months’ share for potential multibag prices
If you spend every waking minute looking for negativity in a company or share price when it starts to go up your life will always be one endless bitter disappointment.
I have seen so many shares multi bag and the same thing happens time and time again when a small core of posters consistently tell everyone they shouldn’t buy the shares and then the shares go up and up and up and those that ignored them make a very handsome return.
Such a low market cap and such potential over the next few months tells me this one is a definite bagger and an absolute no brained at these levels - ride the wave and smile as it goes
How is that even a relative example, Bitcoin drops from 63k to 37k in a matter of weeks when a lot of people have stated it was massively over bought and spiked and will naturally crash back (but were slated for it) but then get excited that it ‘bounces’ from 36.3k to 38k.
Come on let’s have some realism here
It’s just what happens - they drop the price knowing people will sell and panic then walk it back it up over the next few days. Just making their money. Nearly every share drops on any slight negative news. I wouldn’t read in to it any more than that.
3 things from the sale
1) the argument that he needed the funds for a 1m investment in Chamberlain is rubbish - just add up what he has made selling his RMS shares, Braveheart shares and Braveheart dividend in the past year(its a lot more than you would think)
2) the usual rubbish about great top up opportunity, rerate on the cards, it doesn’t matter if he sells will come from holders who (although it defies belief) actually do believe themselves
3) the same holders who say the share price is going to multibag don’t seem to have the common sense to ask why (if these shares are going to multibag) would a director who knows the product inside out sell over half of his holding (4.2m shares) in the space of two weeks just before the next update.
It just doesn’t make sense
This news has been muted all day and a link posted on this site earlier and the price has been up all day on higher volume. The 5.6m was part of the original rns from over six months ago - I am thinking the market likes it.
Christian cordier was happy to increase his stake in March - I wouldn’t be surprised if he has now bought more and they are ready to let this go (watch out for an rns in the coming days) - the share has definitely been held back for someone
There is no point holding this share without a 12-24 month view of a 5-10 bagger.
Some of the best graphite in the world and a finger tip away from getting the license now all things are lined up.
Graphite demand for car batteries going to go through the roof in the next few years.
Sit back and relax as this shouldn’t be a spike share it should be a steady climb up up and up
They need the ESIA report before getting the license (as stated in the RNS) which I believe has to be submitted to get the license. The ESIA report must be near to completion and once it is then the license should be a formality.
I am a long term holder here but can’t see how the license will be issued before the ESIA is complete, which could be very soon - all in good time and then we are looking at huge multibag potential.
ACP last RNS said as much regarding the ESIA
“We are also making solid progress with our Environmental and Social Impact Assessment (ESIA) which is one of the final necessary components in the Mining Licence process where receipt of a Mining Licence will be one of the final and de-risking milestones for the Project.”