Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Finncairn - I’d love to see 4 quid here but I think that’s probably not achievable. That would value the company at 4billion quid..... how much money would we have to be making in order to justify that? Whilst I believe in the copper story I do think that we’ll see a cool off in the world economy back end of next year which could see a squeeze on copper price. My personal aim is for at least a quid a share and I think that is doable
Pb is on proactive investors later? If he’s as positive as last time expecting an afternoon rally. Interesting note from sascha on Twitter - the latest M&A activity we’ve seen has valued companies at about 12.5c per lb of copper in the ground. On that basis Beutong is worth about 500m usd on its copper assets alone. Current mcap seems ludicrously low on that basis
As per Sascha “Don’t worry there is a bigger drill now and this can go down to 1000m in the right conditions there will he two operating at Beutong now. Without doubt global drill hole of the year so far and an excellent start to showing the copper world the potential at Beutong “
Hi hedged - if you release good news and there is a big seller in the background any rise would be muted. If the seller has now gone any rise would be more marked as you won’t have the seller in the background. Some logic (kind of!)
Genuinely disappointed to see steve go, always Enjoyed his interviews. As there’s no replacement lined up one would assume that it’s his decision to go. I’m hoping he’s just found something amazing in the last drill that has meant that he doesn’t feel he has to drill anymore! It’d be great to get some intel on that big sell - it’s a substantial amount to add to quite a lot of selling of late, it does feel as though someone is having to sell. As why would you dump so much substantially below the market price in one go. Could do with some juicy, positive, news next week
Since the start of the year we’ve had 19 rnss over 95 working days - one on average every 5 days. The longest gap between them has been since the last one on the 2nd of May. We are overdue one! Just really hope it’s a cracker when it does land - here’s to a red dot on Monday morning. Glad and have a great weekend
Trying to figure out Why I hadn’t seen the rns this morning- not aim!! Think a few ppl will have missed it. This is a big appointment for company sub 20m mcap, shows that serious people are taken Nuformix seriously. Be great to follow up with some more news
Isn't that the aim of stocks and shares maestro? like you are doing in MATD and SDX? There is sovereign risk everywhere in the world at the moment. Just look at the UK and Labour talking about nationalising the railways and power companies. If the Indonesian govt. wanted their assets, they've got an odd way of showing it based on their recent actions. Actions which quite frankly speak louder than your words. I'm also intrigued as to where you have appeared and why you have started posting on this board. Got a short open have we?
Isn't that the aim of stocks and shares maestro? like you are doing in MATD and SDX? There is sovereign risk everywhere in the world at the moment. Just look at the UK and Labour talking about nationalising the railways and power companies. If the Indonesian govt. wanted their assets, they've got an odd way of showing it based on their recent actions. Actions which quite frankly speak louder than your words. I'm also intrigued as to where you have appeared and why you have started posting on this board. Got a short open have we?
Keen to get involved with this but not sure why no one has posted on it!!
I really wish that I loved my job as much as Steve!! Great interview- reinforcing news flow. If anyone is selling at the moment you’d have to assume that they need the cash. Although depending on when you bought you could be sat on a serious amount of cash
Agreed - great news flow coming on lots of fronts. I’m holding on to mine for a long time yet and trying to learn from previous mistakes. Just think drilling results that tell us more of what we already know won’t drive us up that much. Extending depth of resource at beutong will