Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It's being built. Just a matter of time IMO.
Time to start the recruitment process is what I take from the tweet. This will be great. Time to start accumulating.
Yes Grappa, £2, and that's being conservative IMO.
Obviously I don't mean by 08:05 tomorrow morning.
But it will get there. A £100m MCap. The more they prove up the greater the sp will be. Simples. It will be mined.
The share price here will IMO be much higher pretty soon. But this will not be because of an alledged "pump".
It will simply be because at £5m, for what we have and what is going on, the MCap is ridiculous.
£2 per share easy soon IMO.
Local Junta seniors, governments, universities etc... have not been to multiple, multiple meetings, press engagements, presentations etc... in the belief that this mine will not be built.
They simply would not waste their time.
This is happening and its part of a bigger plan for the region IMO. In fact I would say the enabling of this mine is a key component of a much, much bigger regional plan.
Superb research. Rerate inbound next week.
That's it, that's the post.
· An indicated resource of approximately 3.8Mt @ 8.3% Zn Equivalent (including Pb credits), 4.7% Zn, 3.9% Pb and 30g/t Ag, including:
o 180,000 tonnes of zinc, 150,000 tonnes of lead and 3.7 million ounces of silver.
· An inferred resource of approximately 14Mt @ 6.5% Zn Equivalent (including Pb credits), 4% Zn, 2.7% Pb and 23 g/t Ag, including:
o 540,000 tonnes of zinc, 360,000 tonnes of lead and 10 million ounces of silver.
· A total resource of approximately 17Mt @ 6.9% Zn Equivalent (including Pb credits), 4.1% Zn, 2.9% Pb and 24 g/t Ag, including:
o 720,000 tonnes of zinc, 510,000 tonnes of lead and 14 million ounces of silver.
The next results will be bigger IMO with a corporate action adding shareholder value. A little more patience is needed. This MCap/share price is insanely low. Grab 'em while you can.
£100m MCap would be tremendous, and as you say, not impossible at all.
I am hoping for my first ever 10 bagger here, which would only be a circa £50m company. Could it 20 bag? Comparisons are constant with SASA. Could LR and Co be lining up an outright sale for US$400m.
Anywhere between £50m and £300m would do for me. Hoping for £2.50 but will probably have sold unless it gets there before I can hit the button. Whooossshhhh. It's possible, even probable, IMO.
Now that would be something. Happy to wait for news but I must admit, the silence is killing me!
A 10 Bagger from here would do me very nicely thanks LR!
In your own time but soon please.
CAML have a circa £450 million MCap. That would put us at a sp of £9+. If only! How many would be still holding past £1.
The 12:29 is one of mine. Holding just short of 1% of EUZ now and happy to add anywhere below 15p. This has a good chance of 10 bagging from there. 150mil MCap achieveable on the right news. Could be explosive.
Just a quick note to say I am now fully out. I simply cannot trust the guy. He has made a complete pigs ear of the last 2 RNS's IMO.
For those thinking a EGM is required for an increase in shares. I would point you to Special Resolution 1 of the 2020 AGM. There are no restrictions on the number of shares the company can issue. Unfortunately I see nothing but consolidation, followed by further dilution. He has form. I was hoping this might of changed for the better but this mornings RNS has led me to believe this is not the case.
Still value here for those brave enough and/or trading and I might revisit if the current leadership changes. I wish you good luck.
BricksSA, do you have a timeframe in mind for the RNS you refer to? Weeks or months? I am more than happy to wait for a year or more for this to come good. I am convinced it will. I am wanting to double my current holding of just over 300,000 ASAP. This is an exceptional opportunity IMO. I can see it being in the £s, not pence, soon enough on the right news. I want in before the next RNS lands.
It reminds me of the time when our CEO tweeted a picture of himself sat down with a lump of lithium on his head.
I kid you not.
Oh, how we laughed and got excited about the riches to come.
Who would of thought that 2 years later it would be the only lithium that has been extracted.