Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
LnG I presume the next up date from Sound should be the arrival of compressors and pipe or at least the confirmation that the order has been made and machinery is on its way with an arrival date and that erection team is also arriving on such and such a date together with any fencing needed for security
this for me would be a very positive post and should be in the reals of what the company can give out
What we need is big signing of contracts or pictures of final stage lng plant being delivered and installed
Been here a few years now And I have got used to missed dead lines . What worries me now is we’re taking so so long other companies are coming and doing the business , the post about Shell and lng contract the other day may just be the beginning of it . We have a great position but in Grahams own words we are pushing against an open door, and that was a year ago.I think that ‘Close’ is just not good enough now something must be signed Now before some one else does and we’re stuck with a load of licences sand and a wasted three years. And remember graham is 65 he must be thinking of retirement
Yes your right some progress pictures would be nice
Where is every body
Every thing you say sounds good but the share price still is not going anywhere for a long while
Well it official nothing going to happen in the next few months. The fid the funding is a long way off. The only thing that is reasonably on track is the liquid gas plant and to fund the pipe line we had to give 53% of it away for 8 mil. I can now understand angels valuation of 4.6 p. And I can see why the share price will be very low for the next six months at least. So plenty of time buy share and get your average down . This share may move but not till December or January
Got to admit this phase two finance talk is getting old hat .. the foundations have been dug so I’m more interested in when is the sure money making equipment is going to arrive . And get that liquified gas rolling on to them there trucks
Strange I thought there would be more chatter
Hi all just an easy one our weekly picture up date of the gas plant construction seems to have stopped , have they stopped working or are things still going. Not being an engineer what is the next bit of construction
My knowledge of shares is limited.but to those out there who knows how to value . What would be a reasonable share price after we successfully sign the deal. I know it will not pounds as it's two years to build the pipeline and generate income. But what would we be looking at price wise 3p 5p any idear
Keep to the facts for your information may, June and July . Three months easy then if nothing happens money runs out is this too simple for u
As l predicted, so knew this delay was on the way, but what I don't like is that there is no clear date to sign by and that we only have cash till july.
So we have to wait another three months to know one way or the other as this company new does anything early
Here we go another extension on the way, some thing as important as what we expect to be signed won’t be done on a last minute to go on an Friday afternoon
No news by Wednesday expect extension or bad news
Another pump and dump Why unless there is bad news.?
Wow 11 pence I hope you’re right I have managed to trade down my average to about 6 pence from 63 pence. All I ask is how did you come up with figure somI can use its formula in the future
From past experience it means no new news and lots of questions about when we do have some news
Wednesday could be the beginning of big days but if we have another extension are we looking at a SP of 0.8. Or 0.7 or is it priced in already
The price rise is just following the normal up and down fluctuations experienced after good or bad news.
What keeps me sane with my head out of the clouds is the progress picture from twitter showing how the lng plant is taking shape and growing because when it’s finished we have income. With income comes guaranteed growth and share price increase. I know a load of you out there will come back and say it’s not enough and it doesn’t cover the interest from this or the interest from that. But the fact is we will have income not borrowed money so all this share has to do is survive for another 12 to 18 months . Bearing in mind once built plant can always be expanded and more trucks can be filled and new contract’s sought. So the future is there we just have to level headed and even more patient