Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In the great scheme of things it’ll mean nothing. This is a genuine investment case for a junior miner unlike so much junk on AIM.
The Verkuba deal will be closed in June or possibly sooner, and if you’re looking for liquidity I’ve no doubt that announcement will provide it.
Furthermore, who’s to say shares will be sold into the market at this early stage with so much on offer. All
Imo.
Surely had your fill of playground chat by now.
BOOM chart. Looks to me like 245p could well provide the support again for the next attack on the 50dma.
It needs to nudge through that at 270p and then it’s off on a new run higher. By end of March BOOM is trading in the 350-400 range imo.
Opportunities like this don’t present themselves that often so it’s no surprise the dip is being bought into. Hold tight and wait a few weeks for the Q4 update and 2024 forecast, that imo propels the share price to an entirely new trading range.
You have to wonder why Tobin wouldn’t be buying when the business is in the best shape it’s ever been and heading into what is suggested to be a fantastic year for the company.
Makes no sense unless…
£3 looking easy pickings from here on this breakout.
Lots of Candy Bonnier chatter suddenly surfacing. It has already destroyed the share price but now a red herring being used to gather more stock.
That’s done, old news factored in and will have no bearing on the takeover bid I expect to materialise next year. In the meantime it will be BOOM’s performance this quarter and throughout 2024 will be the driver going forward. All imo.
Nothing better than a convincing red to blue day. People trading the chart by the looks of it retaking positions where you’d expect.
Looking set to break through that ever weaker 225 resistance before filling the gap. Tick tock.