Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I wouldn’t be surprised if we see a broker upgrade before next week.
Looking forward to the Q3 results next Thursday. I have a friend who is high up in Screwfix and they have been breaking record, after record, after record through September.
Should get back up to 350p level at least.
Before I switched my phone on this morning I had dreamt that we had three mines in operation and Kurt was walking around his country estate home smoking a big fat cigar! And then I see this RNS. Go on Kurt! ??
Just did a dummy sell and got offered 23.555p with Halifax.
No idea of the reason for the rise with such small volumes??
Probably worth watching though, wish I had some spare cash for a top up.
I'm averaged in at 26.05p btw.
GLA
Solid gains again today. I think this bodes well for next weeks trading update. With some positive news this could push back up to 200p level.
IMHO
Yes it’s been gradually rising over last month. Bucked the ftse trend today which dropped nearly 2%. Promising for tomorrow if ftse bounces back.
Trading update due next Wednesday 28th. Hoping for positive news.
I'm about break even now after recent rise back up over recent weeks.
Any gut feelings as to how it will go next week?
WTF just happened?
Has Boris just banned fishing for next 6 months!!
Will we see a big jump on tomorrows results and trading update?
Or is the recent rise from 60p to 70p factored in already?
Looking at the figures recently the fact is that this is a sound business to be in at the moment and the only way is up.
IMHO
Yes great analysis Iceman.
You can be my chart man anytime!
Any bets on where this is heading on Monday?
10p, 15p?! Doesn’t really matter, I won’t sell until Kallak is approved.
Maybe a share suspension until after the meeting on 13th?
Some excitement at last.
GL to all the LTH’s
Yes, seems to be a lot of people topping up whilst they can.
I am a newbie to this company but like the credentials. I read the recent RNS and as other people have said they have been up front about the difficulty in closing deals at the moment with CV19 etc. However, it sounds like the Billingham project could go through though and not long to wait.
Does anyone want to admit to the two Buys today?
LBJJ - was it you?
Looking forward to what LBJJ has to say about this. Shouldn’t be long now.
As expected I guess but I particularly like the statement that 'free cashflow was positive'. Always a good sign within any business and a strong Balance Sheet too. Trading volumes still below pre covid levels (again expected) but demand is high.
Also like the statement that they have cut costs by £20m ongoing for 2021.
The share price was always going to fall today after a 30+ % rise yesterday. The facts are however, that there are going to be plenty of funerals over the next 12 months and I would rather have my money invested in a company that is busy, no furloughed employees, financially stable rather than in a sector that is on its arse and no idea of when things will pick up.
I've been invested in this for quite a few years now, although a modest holding. Just wondering what is stopping this share price from dropping to 2p or 1p etc based on the fact that the Kallak decision has been going on for so long and we have no idea when it might be given or indeed whether it will be a positive decision or not.
Also, does anyone know how much cash we have left and how long it is likely to last before the next fund raiser?
Interims due out in two weeks. Should be interesting. From the previous RNS I saw that no employees had been furloughed which I take as a positive. Does anyone know what the current restrictions are for funerals? Is it still maximum of 10 people and no limousines etc?
Or have any of the lockdown measures been eased recently?