Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sale of lottery possibly confirmed late next week with the $2m confirmed 3 days later. Possibility for further funding to be announced any day. Remember this fundraising round is for $10-15m with just $3m of that secured/announced.
No reason to not feel positive imo, just don't fall for the nonsense the derampers try and force down your throat. The big money here won't be made trading this, it will be through holding for the end game. Fantastic appointment and a real signal of intent.
I can't emphasise enough the relevance of the warrants, to be in a scenario where your board are so confident with their game plan that they set warrants at £250m, £500m and £1bn when we closed today with a mcap of just £28m. The potential is mind boggling. If we get it right not only will we revolutionise the banking industry but £1bn dare I say it would prove to be very, very cheap. Not only that but the directors have considerable holdings here and communication is excellent. Happy to be here and going nowhere until these warrants are cashed in! Remember our board managed to fundraise at £5.04 when the sp was only in the 50p range, high worth individuals after hearing the companies vision were happy to pay 10x the current sp. What did they hear.....?
We go again tomorrow, hold them tight.
Could get news at any time. Talks ongoing with other high profile investors for this current funding round of $10-15m with just $3m announced so far. Wouldn't be at all surprised to see us in the £3 range by Friday without news imo.
Bit strange how every time a sell goes through the sell price ticks up without a buy appearing. Large number of buys will almost certainly appear after hours.
https://twitter.com/OrosurM/status/1487761796886896642?t=Yyu-aPi5TmnybxCZY7NUxQ&s=19
Why come on here spreading fud when it's quite obvious the current price is already cheap. What if, what if, what if. Somebody has just parted with $1m at £5.04 for their shares based on the vision RS has put in front of them. I think if anything we will have a strong week and find ourselves back in the £3 range by friday. Remember this funding round is for $10-15m and we only have confirmation of $3m of that with discussions ongoing with further high profile investors, this news could land any day. Just buy the shares or take your "advice" elsewhere.
Plenty of buying, just been NT to buy
The company is seeking $10-15m of funding at £5.04. At present $3m agreed with $1m received and additional $2m within 3 days of lottery sale. In other words any day the company could announce up to an additional $12m in funding at £5.04 but obviously the better idea would be to sell at £2 and under. Lots of FUD being spread around today
Complex sale delayed by a couple of weeks. In the grand scheme of things nothing at all has changed. Do people invest nowadays without doing any research into a company? The long term plan hasn't changed and the patient will be rewarded, just need to see days like this for what they are, an opportunity.
Definitely a strange time to be selling with news any day.
Share price for warrants I posted earlier was incorrect (taken from another post)
Once additional 1,148,511 shares from todays RNS are admitted on 31/01 there will be a total of 14,514,519 shares in issue
£250m MCAP = £17.22/share
£500m MCAP = £34.45/share
£1bn MCAP = £68.90/share
Why set these targets for the warrants unless you were confident these prices could be achieved? £2.70 close today.... top up from me first thing
Simply because they can unfortunately
Company needed to raise funds, they could have done a placing like the majority of companies on AIM, instead they sold their vision at a massive premium to knowledgeable well financed individuals adding considerable shareholder value. 1m shares added into the mix today is no small quantity but it's a debt cleared from the balance sheet. Now we push towards those warrants at £15, £30 and £60. Additional $2m due from 2nd investor after sale of lottery which is even more money in the bank with discussions at an advanced stage with yet more well financed individuals. At this moment in time literally any price under £5.04 is an absolute gift, and remember that once this tranche of funding is secured ($10-$15m @ £5.04) "Each round in Tintra PLC, as one might expect or indeed hope, is intended to be at substantially higher valuations to the previous round" £10, £15? The most blatant buy on AIM at this moment in time imo. Buy, switch off and ignore the MM games
There's a delayed buy at 3.07 just been posted. MM's at it again.
We had an RNS this morning explaining that the money is coming. To be honest it doesnt matter what the reason is for the hold up, its coming and slowly but surely so is £60/share ;)
Agreed Steve lots of games with any stock with low shares in circulation. Personally here for the big payday, warrants at £15, £30 and £60. Each round of fundraising is "intended to be at substantially higher valuation to the previous round". I expect this will be a life changer for many.
Sell price ticking up, looks like orders being filled?
Just added to my position opened earlier in the week, 2785 at 307. I've done a lot of reading this last week and see this as a rare opportunity, shame it had to go crazy before I got aboard but the future looks very bright here. Good luck everybody.
Took a position today after spending all day yesterday reading about where we are and the potential. Sky's the limit here I believe.