Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It’s it a sell?
Trillsg, no issue having optimism in your investment, i too have optimism, and like you I would be out, BUT I think it’s realistic when the CEO of a PLC states in a RNS a time line of anything! I think it’s only reasonable when that date is missed, for what ever reason, failed, on going etc, he should update the market with what’s going on! - but that aside, what is happening here is no update from the PLC, but a constant carrot dangling of news to be announced, but then no news. Mr Brandon, was one reason I invested in Skin, MW and MSYS. But as of late he’s fast becoming the reason not too - that’s harsh and too strong. But lately it feels a little wrong!
Trillsg, no issue having optimism in your investment, i to have the same as, like you I would be out, BUT I think it’s realistic when the CEO of a PLC states in a RNS a time line of anything! I think it’s only reasonable when that date is missed, for what ever reason, failed, on going etc, he should update the market with what’s going on! - but that aside, why is happening here is no update from the PLC, but a constant carrot dangling of news to be announced, but then no news. Mr Brandon, was one reason I invested in Skin, MW and MSYS. But as of late he’s fast becoming the reason not too - that’s harsh and too strong. But lately it feels a little wrong!
Trills, thinks NU is in the invested but realistic brigade, like the rest of us! Too much ramping not detail! #bt #stc # hartley #robinsons
agree, that's a lots of buys today! probably drop it to .06 tomorrow!
Yes saw the tweet, with loads of hashtags, was half tempted to tweet back asking whether there will actually be any information this time, or just more noise and expectations!
Seems a fair few transactions today as well , compared to what it has been.
SOL001, you may have brought, but its listed as a sell as you paid higher than the mid price, so effectively you paid the sellers price, not the buyers price.
they've managed to sell a fair few today,
so after reading the report, I'm more at ease, and guess I'm a year too early investing. having read (most) of the report two points that stood out, in the current climate
- The £5.5 million raised in February 2021 is anticipated by the Board of Directors to take the Company through to profitability.
-The Company does not face any significant interest rate risk as it has no borrowings. - with a few 3M in cash
GLA
Been a year this week since our seller started hitting it hard, I know that as I attempted to sell some of my holding (wanted to treat family on half term) being offered .25p I held to try get .26p, would given me a small profit, after a game of crazy golf the offer .25 was gone, and not been seen since. Between here and DVRg I’m now 12k down. - foolishly I thought the magic news would drop any time, how wrong was I. Safe to say this half term we’re having a quiet week at home. - on the plus side, I think/hope it’s now found the bottom. GLA hope you get better luck.
NU agree, it’s all a bit poor. I think once a date has been set, and update should follow if it’s missed. Good or bad, naturally everyone is assuming the worse. So just get the issue out there.
Did anyone attend today? Would be interested to know any feedback!
SP seems pretty static today, just a shame its so low :-(
both here and MSYS seem to be firmly rooted at these prices!!
Is the board broken?
Please can every one refrain from feeding the pigeons, they’re fouling all over the board.
Dare I ask…… does anyone (not Gwoods) have an opinion on the implications of buying MSYS using the Finance? I mean in relation to warrants etc.
I work for a business that’s manufactures a product that also leases the asset out, to government on many occasions. A few points, (imo) - for this model to work you need to have stock ready to go. - By leasing to a market place, this gives you better controls on how the market is moving and enables you to adapt with it.- Once your in, as long as your product performs and you can maintain it, it’s unlikely to change-
We’re constantly building millions of pounds worth of production orders, these aren’t termed as sales orders as they belong to us. The business is multi millions of pounds of leased assets all finance free, as firstly a product that’s worth a value doesn’t mean it cost that value to produce. Secondly you don’t start with masses of leases, the first few pay for the next few etc, similar to how covid spreads 1=2, 2=4 .
The other benefit is that governments, LG or contractors don’t tend to have the capex available to purchase large assests, so prefer to balance their budgets with fix cost spread weekly/monthly, inc maintenance and product future proofing.
I’d take 46.9………..
Contemplated selling, The bit I’m struggling with, is whether the company/GB are so confident of the future that they don’t feel a need to attempt to steady the SP. Or is it that they have no ability to steady it, so are just hoping to keep head down and weather the storm.
I can sort of understand Helium selling some, but not in such a way to damage the SP to these levels.
As each day passes by, my worry increases that this share (and MSYS) are about to bite me.
The CR deal seems to have died, at these levels they could just purchase DVRG and sell what they don’t want, similar to when they purchased Viridor.
Hey ho, chin up, fingers and toes crossed,
GLA