Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm with CM - This is great news for SALT and TEK holders alike - It really is. I know there's a lot on here with one foot in each camp and there's nothing wrong with that at all. Good luck to everyone.
TEKs sp will catch up though, as it did before so right now I'd say SALT is a good buy and believe me I want as much beef on it as possible for when I get my shares next year but TEK is the better value.
It's a daft argument really but I'm glad we're all discussing this because it means it's all going the right way.
Have a good evening folks
Just one sniff of an election and this will lose 50 to a 100 pips overnight Scored. If it steams through 390s into the 400s then not for shorting but if it's struggling I'd be tempted.
Anyhows GL with it if you're here scored. I remember you from the STX days. You're a good guy
Bordering on pathetic now. Angel have basically come out with a note akin to what we've been saying on here for months, and that applies to the double upside. When things are looking up across the board it will be exponential here with a portfolio of 4 companies and the low valuations.
Yet here he is again, Ramping HAT on here at £4.40 a couple of months back and suggesting everyone sell out because potassium chloride it the future. He's definitely sold out. He's been topping up on HAT for ever so why would you stick with this.
Complete Muppet
Thanks CM & Clenched.
Already out of date if you factor in the healthy start that Microsalt made but I'm not complaining. If Microsalt land a few decent contracts and Guident brings something to the table soon the Sp will recover nicely.
Looking positive
Afternoon IP3LY. Thank you very much for relaying this info. More or less as I thought. It's ok with me as long as the sp ends up higher than the float price by a year on. Looking good so far !
Did they give any info on whether we will actually see physical shares that we can trade as we see fit, and if so when. I only ask because if you haven't I'll message them at some point. Doesn't seem much urgency at the moment given the lock in.
Thanks again
TEK’s Market cap after this mornings fall is £17.3 million!
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There slice of Microsalt is worth about £16.5 million so TEKS sp cannot remain here for long. It rose very steeply though, so just suffering whilst the quicker trades exit.
Only issue I have now with TEK is funding for Guident, TEK remunerations, and next evolutions
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Good afternoon Mr Ozzy. Guident should be funding themeselves. They've employed a bank. Not sure if it will be convertibles, or a straight loan, but not through TEK.
New projects also on hold
Renumerations. That's a tricky one, as they like to cloak that within a raise for something or other. Only thing is they don't need funding via TEK anymore.
They'll have to sell something at some point is my guess, so there may be a little more short term pain with BELL, but once they're out it should recover nicely
AIMHO of course. What do any of us really know !
I wouldn't put anyone off buying SALT. SP should be nicely protected, but as we've seen before, the likelihood of TEK falling far from here would most likely be because BEll, LUCY, or more likely SALT s SP weakens.
It's a conundrum
Thanks CM
I don't subscribe to the FT either, but it's okay. We were doing the sums here long before ST got involved.
Publicity is good though and I'm happy with the Microsalt float today. Went about as well as expected. I think it's almost a given that they'll have an RNS or two up their sleeves to get it going too.
Thanks Bazz. Not a subscriber so can't open past the first few lines but get the gist.
Whatever his calcs are today's rise on Microsalt has already added 1.15p to the bottom line valuation.
A few more days like that would be nice
Well done - I bought at 50pish and sold at about 70p first time around with Bell. Should have waited longer but in and out with a profit is never grounds to complain !
Mircrosalt with it's increasing Revenue has a good chance of holding it's gains and advancing handsomely so I think you 've bought well there.
GL
Totally agree with those comments CM. After that dreadful Lucyd launch were it opened at about 25% down they needed to rethink their strategy.I expect the Salt SP to mirror BELL which increased nicely so they have a year to get some major deals across the line and beef up revenues which you'd hope they are capable of. We saw what happens with Bell of they don't but as they already have sales channels in place it should be a different story. No surprise to see a bit of profit taking. RSI very high so perfectly normal. You'd expect TEKs sp to allign with the sum of it's parts (as it did with Bell at outset) over time.
Lots of news to come here