Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes 150 clearly circled, slighly disappointed with that and was expecting something closer to 200. My average is 159.4p and would reluctantly take 150 considering I have been heavily underwater for the last 18months - most importantly they need to follow through with an RNA and firm up the rumours that they have created
No posts on this board for 4 months and we both posted in the same minute!
Agree though - always like the business model and potential of ESYS
In the last 5 sessions - still relatively low volume but it doesn't take much to move the SP.
Looks positive
@TTony good analysis - I have been watching cey for a while (as a second, more established gold play to join SHG in the portfolio) and targeting a 90p entry, may go slightly higher if the gold pullback looks like its ending. Good luck all
My average is 30.5p, almost sold a month ago in a clear out of some underperfoming stock in my PF but persevered - the rns and art interview looks to have done the trick and changed sentiment. Would like to work our way up to 35p range pre JV announcement and then re-rate properly after
@Kdogg - we know that COPL are worse than most at communcations but if shareholders were given some assurance, or even positive inferences, on your line "I think with the bank balance being what it is we'd have had to raise already if refinance wasn't going to come through" I would be much more content, I think general sentiment would improve and we could see some traction - but currently in all likelyhood we dont have enough cash to make it very far into to 2023 so we have 'weeks' to refinance or we will have to dilute/borrow from elsewhere, compounding the poor lending terms we already have.
@2857mal We are close to possible big wins and thats what keeps us all going, but watching the promised land from a burning platform. I just hope news comes before the risk/reward ratio becomes to great.
I obviously want this to succeed....just need Art to come through....and fast!
I'm a long term holder averaging 30.5p so am significantly down although have stuck by COPL due to its potential.
The JV and debt issues COULD be resolved anyday which will bring a new dawn to the share but there is poor sentiment and low volume which doesn't fill me with confidence that we are going to see a transformational RNA imminently.
We know COPL are making a loss, we have c.£20m of bond debt and will need capital again soon - Art has shown he is not shy in using the shareholders to keep them afloat.
Against my better judgement I am still holding but the odds of success are reducing every day and getting close to cutting my losses. Anyone in a similar boat?
I am looking to invest in SRB and had set an alert at 49.5.
It looks like this is going to settle at just under 50p today, but with 2021 FY accounts due on Friday there is likely to be more movement then, possibly at a lower entry
Would be interested to hear views on what upside potential there may be within these accounts?
I've had an alert set at 20p for a while to buy in (especially now I have this years 40k of ISA to invest), it's undoubtedly good value in terms of medium term potential at that level but alongside the big seller the risk of a placing is surely a factor in the decline. Everyone, including me, wants to come in at the bottom.
Cuda bid process doesn't end until early Feb so unlikely to be associated price movements now, due to this I can't see them imminently releasing any info that they are holding back on new discoveries until after the bidding process concludes and they will only tell us the bare minimum on production figures.
This leaves either:
- Some news re Nigeria, or,
- Shorters deciding they have run their race and taken their business elsewhere (or both)
Further big SP increases relating to Wyoming will come in 4-6 weeks (which in my view will lift the share price to 30p - 50p depending on result - independent of todays activity/Nigeria)