Hello to all. I'm back after sticking my head in the sand for a couple of months. All that bid slapping and movement or non-movement of share price with only 100 or 200 share trades was just too much for me to watch each day.
I decided to take leave from all that frustration and the market makers.
But this latest news has pulled me back out of the fox hole!
This is great news and movement in the direction we have been waiting for. It was just a matter of time. Trading on Wednesday will give us some indication on where we will go from here.
Some other good news, the prices for titanium dioxide are moving up sharply in Asia, South America (especially Brazil), and the Middle East. All major producers are experiencing tight supply and demand is strong. There are also price increase announcments out for Q2 in all regions, including Europe and North America.
Tronox will be a very profitable company once all the restructuring is complete. The markets are improving each day and the bond price also reflects this. The last few months have allowed the balance sheet to improve and work in our favour.
Let's hope for some great upside over the next few weeks! Now it's our turn.
Good to be back!
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