Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
:)
Showing buys waiting ranging from 100k to 250k up to SP 22p
In Auction - big buys sat in L2 waiting clear at price over 20p
Lots of 100k shares waiting to buy
Come on baby - something a stirring
Sauer, did you cash up again ?
I am looking to buy a pretty big chunk or chunks at these prices to top up and average down, hopefully to give me around 19. I will keep buying more
Tony is a complete rear end, IMO and most here who know me will revel in telling you that i continually remind them of this for the past couple of years!
Regardless, until the BOD finally see through their rose tinted glasses and see the catastrophy he has created, then we have no choice but to deal with it.
One thin is for sure he is PREDICTABLE - hence the market uses this stock as their punch bag!
Well falls follow overall Oilies reaction lately, look at TLW this morning, down 2.5%
Did Tony openly lie at the recent interview - he may be an incapable CEO but i doubt he is that stupid to openly liek on tape and say the market already priced in the RI price and its already pretty much there. Of course market volatility dropos and markets sentiment as we now see is out of his hands but of course not assisted by his track record.
DBNO, it hasnt crossed yet on my 5 min candles BUT it does look to be heading that way, i agree.
RSI also showing way over sold and dropping below 35 so in serious buy territory (technically) - then there are the fundamentals but the markets havent cared about fundamentals for past 3 months so technicals looking good
DBNO, are you mad !! This explains all your predictions -
HUR just dropped 50% !!!!!! on weak RNS ! Poor guys
Dodger - whilst i am loathed to even mention that COnvertible Bond debacle from the last FU by Tony and refinance - that is exactly my take and why i have taken and will keep building my position. I expect that with the refinance in place (provided it goes a lot smoother this time), the debt risk will become significantly lower, new immediately produicing assets, more free cash flow and somewhen in the next cosmos, the sale of Zama (possibly). Dont forget little Tolmount coming on line and the perverbial Sea Lion debacle he also needs to get sorted. Come on Tony, get your stuff sorted man !
Well thats my take and Dodger we are on same path - i wont hold long, just looking for initial kick and 20% + will do me
see TLW is taking a hammering today - down over 10% and now well below PMO SP ! What a fall from grace.
indeed Sauer:)
Bucking the trend and seeming like turning positive
Are you back in SK ?
Whats your thoughts re RI price/reason?
Yep oil falling hard today and so are US markets now but quite predictably PMO is being held where they want it - total and utter manipulation
SK, 15p i must admit i originally thought also around there but now i dont considering price action in past 3-5 days.
I actually feel its more likely the MM's took it lower to allow creditors to top up and benefit from the low price in return for their participation in the RI - a kinda bonus
it could be 19-25p IMO
Lets see
Happy, are you possibly bi-polar?
Clearly NOT a happy chappy - perhaps change your profile name to 'Lucifer' or 'GloomyInvestor':)
. . . and Megla, so it seems, that includes Tony also
on opening drop - clearly i bought in initially too early but knew i would most likely need to average down and been doing that as needed to keep my average nice and low
Those been here a while know all about Tony and his inadequacies in this role but with that you get some predictability further aided by his accountancy background so this refinance, whilst different in nature, is following the same paths as it did last time (to a certain extent).