Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Maybe close to a suspension for upcoming RTo?
Very strange today with the lack of trades and market activity. With the previous days activity you would feel that interest would still be here either way. Don’t know whether the market makers are currently no trading/unable to quote. No way that a market so fast moving as rld and after a rise with 300m volume is now instantly on a day with 7 trades? Something happening?
Should see this move forward again this afternoon. Can sell pretty much on the ask. Buys outweighing sells today and still a drop so should bounce back up.
Exciting to see where this goes with the potential RTO and fura getting the Mozambique licences completed quickly. Also they have a 5.5m short term loan for other acquisitions and general corporate purposes. Loan maturity is 31st July this year.
We are hitting a bigger volume today than at the peak of the 0.45 rise. This has lots left to give.
Oversold, could be a nice little rise.
We are off...nice to see some blue!
Fura enters into 5.5million loam agreement
And
Fura to acquire additional ruby licences in Mozambique
https://tmxmatrix.com/company/FURA/news
Looks like we might have found a bit of support.
I’d be taking more and topping up at this price if I could. Didn’t think it would dip back down this low but looking forward to the upturn and some news flow from RLD.
Still here and holding. We must be at the levels that this will turn around. At the price although there is risk the upside of a potential RTO has to be worth it. Looking forward to an update from RlD at some point.
Got a feeling this will finish blue today.
Not long until the news of Fura hopefully completing their purchase in Mozambique. Due date 31st Jan. Once this has been completed could we be close to news of a possible RTO. As mentioned previously on here it would tie in well with us becoming a cash shell at the start of this month and these deals being completed relatively close to each other. Also with only a small placing for £150k by us it would lead me to believe that discussions for an RTO have already started, or we would have expected a much larger placing. We will see over the coming weeks. GL holders.
Didn’t even notice that buy. £11k, could explain the drop to fill the order. I feel we have an exciting end to the week, whatever happens to the SP. Volume is increasing just need to get through and close above the 20day MA at 0.12p. Acting as resistance at the moment.
Expecting a start of a rise/ move forward over next couple of days, it seems we have bottomed out on this drop and volume increasing slightly. As we all know we tend to move up quickly when we make a step up in the right direction. Looking forward to seeing Next couple of days.
I reliably heard 6p ??
If we manage to close above 0.15 we may have a chance apogee reaching that figure but we have to break the resistance first. Actually get moving first.
Normally see a good bounce from around this level. Good entry or Top up. so will be interesting to see over the next couple of days. Should hopefully see some buying volume return and the SP have a run. Then it’ll be whether we can break resistance of the 20 and 50 day moving averages.
Gemfields
https://amp.ft.com/content/8b2136ac-3617-11ea-a6d3-9a26f8c3cba4?__twitter_impression=true
Off we go again
Should be a fun afternoon