Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Called a "start up".
Correction coldspy.
"The project fundamentals haven't changed".... They have changed. Gold price is much stronger. :)
It was the larger out of 2 lenders that pulled out today. The other one is fine. And those were 2 of an original 5 who were looking to do business. And I think of the 3 that missed out, a couple have already made contact today. We are also still producing at a very good margin. To me, buying today was a no brainer.
Or we get an RNS tomorrow that Robbie topped up today and we gain 10%. ;)
The worst part about this share is frankly the shareholders. A lot are like an exaggerated caricature of Mr Market, swinging wildly from horror to euphoria over the smallest speed bumps. No wonder the traders get a semi entering the chat here. Everybody needs to have a long tall glass of calm the f down. We hit a snag on our finance that might create some delays, but is otherwise very solvable and we immediately lose a THIRD of our already suppressed value! Just think it through before you make all sorts of extreme assumptions and then get outraged at them.
The problem with buying opportunities, is that they are usually only obvious in retrospect. Not this one. Up in neon lights.
Bushy. Its looks like the condition precedent in question was a Kenyan government regulatory approval. It wasn't a company one.
I managed .59. I dont think anyone has done better than .57 in small amounts. I think the panic is largely over. The moment that stockbox interview comes out and the realisation hits that it was probably out of the company's hands and other options are availible, those that panic sold will kick themselves. A quarter of the finance required is still in the bag and the price of gold is going beautifully. For us to be a pre finance pre scoping study prices is stupid af.
Babeto. Please drop the dilution thing. You're like a stuck record. The Ocim deal failed at the last minute on a legal technicality, that RM will no doubt be explaining later in more detail. They are busy lining up alternate providers. End of.
Those round number sells all look like the same guy. About fifty grand's worth. Out the way fella!
Sing us a deramping song! LilOrphanDave!
They're definitely not a disgruntled holder. They don't take up any debates with those who disagree with them, in the classic angry investor manner. No ranting or arguing at all. Just the same vague 'fact' repeated ad nauseam. Definitely a 'professional' although I use that description in the loosest possible sense.
Thanks for the referral, Trek. This look right up my alley. Looks like a nice rational bb too.
Our CEO has delivered, repeatedly on his undertakings.
I for one won't be supporting the clifford/adam/tony/John's get out of my mum's basement fund. If anything, I'll be happy to buy even on a decent rise this week.
Gold back at 1800 (more or less) and two more cheap GCat tranches under the belt. I'm calling it a good day and going to lunch. Have a great Christmas everybody. Chill, celebrate and we'll all do well in the new year.
It's the middle if the summer/Christmas holiday now. I was surprised to even get something out last week and I'm not going to expect anything until mid-January.
I've grabbed a few more. About as risk free as you will find in this market, I reckon.
Price through the floor and not a share to be bought. No quotes availible. Nonsense.
Your attempts are comical Paul. They're using a POG of 1700 for the first 3 months only. Then reducing to 1650. Its conservative in any calculation.
Thanks Trek. Your input is useful, as always.
In other news, the dip looks done dipping. Hope everybody got what they needed.