Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agreed Mokgone. Encouraging rally. Hope it continues and upcoming news amplifies it. Let's buy and hold ladies and gents! GLA!
Let the sellers sell. We patiently await news flow.
@Lloydy you're an absolute legend. Hats off to LR for agreeing to meet as well, integrity; also for being decisive with the BHC f****. Hopefully TP will be a more supportive broker. Bring on 2020. GLA.
Jokes and panic selling aside, EUZ remains a very decent asset. Assuming we sell with a price tag somewhere just above the modest SS NPV (110mil Usd = about 85mil Gbp), say 100mil Gbp and end up with 30 billion shares in issue (God forbid), that still equates to a decent (not ideal) SP of around 0.3 I guess. My assumptions and maths aren't laser precise of course but the point I'm trying to illustrate is there surely has to be some value to be realised IF we eventually sell even under the least favorable circumstances. Happy to be corrected here.
So it begins. Brace yourselves ladies and gents. Merry Christmas from Euz lol. GLA.
make this attractive for a buyer*
"Our ambition is to make the share price move." not sure what to make of this response by LR to the question of whether they want to take this to mine or make it attractive for a seller, but it's good that they are acknowledging the importance of a good SP. Let's hope whatever moves they make from now on will indeed prioritise adding shareholder value as opposed to simply producing impressive numbers. Hope this means we'll be seeing strong indications of engagements with serious interested parties as I believe (and I hope they do to) that will be the one thing that moves us away from this up and down volatility and towards a stable upward trending SP.
Seems to be the more pertinent question now lol.
As been previously stated, this SP ain't going nowhere until the market smells money. Just that simple. Best we can do is sit back, hope for the best and pray for no nasty surprises (i.e. Another placing) GLA.
Strongly agree with Dave. Seems like the only thing that will definitely move this SP up is an announcement indicating talks of a JV or Sale. Announcements relating to Mets, PFS, Mining Licence application, Community engagements, etc. unlikely to move this up much (I hope I'm wrong). Until the market smells money this will probably continue to be held down. I'm positive the end is near though, best to be cautiously optimistic and patiently wait for proper value in late Q1 or early Q2 next year imo. Encouraged by the pace at which work is proceeding. GLA as always!
Early in the day still, but if this is how the SP reacts to great news, God forbid we get any bad news :-D.
GLA
Patience is the key indeed. Hopefully we've seen the last of this ridiculous bloodbath, sense prevails and we come right by Christmas. The sooner most of these warrants get exercised the better. The sooner the Mets arrive the better. Asset is solid, nothing can change that. Holding with conviction....could use another weird poem from mapp to lighten the mood though ;D
Lol this is painful to watch.
Quality banter on a sh** day :D
I'll continue to hold. Potential of this asset is too good to ignore.