Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A great shame that Solo and their associated never have met any deadlines. The original statement after purchase of helium 1 was production in 2019. We should now be wallowing in cash but I suppose someone else will benefit if we don't get anything until 2021. Story of Solo's history so much promise, so little achieved.
Getting it out of the ground that seems to be the difficult bit.
Solo share must be in the billions of dollars.
Afternoon solo-ers. Good to see news being published from the times and the BBC in the last few days, seems the Helium shortage is gaining traction.
Aminex going strong after being down first thing.
Whoops I missed out the link to the BBC article, so here it is.
https://www.bbc.co.uk/news/business-49715838
Nice spot Steve.
https://twitter.com/solooilgas/status/1173887422859554816
On the subject of Helium One, from the AGM “Expected to complete a pre-IPO round targeting a raise of up to US$3.0 million from international investors including existing shareholders”.
IMO I would expect Solo to take part in this fund raise prior to the IPO in October in order to increase our stake. Which is great IMO, but we need news of an acquisition or the Ruvuma licence first. The IPO should give us a more valid valuation of Helium One.
BBC business says helium shortage has upped the price nearly 30% in the last year.
Can only be good for our future.
Hi slim/ shania/ private/ marshall mathers, he who knows nothing.
All good news - but the sp drops ?
The Helium supply is about to go #POP, according to the
@theTimes
’
@emilygosden
. With supply dropping and prices increasing,
@Heliumone
is being seen as an opportunity in the #helium space
https://twitter.com/solooilgas/status/1173581824662081537
Interesting watch trrime and "what has happened to 78 Billion barrels of oil, and where is it? "
West and updip apparently.
Looking forward to the next drill and the deeper Jurassic target.
The search for oil continues whilst appraising the already discovered gas.
http://237880a850b57f720dfd-816ef7f212e42c7f99df6030f7ad3efa.r22.cf1.rackcdn.com/FP%2023.02.2017%20Mike%20Rego_Rego%20Exploration%20Ltd.m4v
Nothing like living life on the edge AA ;0)
He's certainly weird Cp, knew it was him because he mainly goes for Ast, Shg, Wsg & Solo, he just loves annoying people, sad really.
Surprise AA, Weird or what!
Looks like the real slim shady got scrubbed for the 5th time.
Must be due the recent 1-4% afternoon rise soon. Unfortunately you need 200%. Well the good news is that is better than most.
My breakeven is 4.81 !
Agree John, $20 million equates to £16 million (moving target with exchange rates) for the Ruvuma asset only, add H-1 and cash as it stands today.
Asset value over shares in issue would give the price you calculate. Hopefully once the licence is issued at AEX and the bod pull their rabbit out of the hat so to speak, those thing together with FOMO and sentiment will give us a better price than 2.25p.
GLA LTH
Nobody?
https://www.lse.co.uk/profiles/shania/
oh.............!
All the best (dear ............ :()
Last reported cash position was £3 million and they have reduced costs significantly by about a 3rd from the old BOD days. The Primary asset is worth around $20 million so the 2.25p is about covered by that value alone. I agree though Neil, the BOD need to deliver on their promise and a deal or deal that provides producing assets and value.
This is what really annoys me about business and finance. Many members of the bod completely fail but are in a position to reward themselves for their failures yet many of the work force perform heroically and get sod all for it. The world is very unfair. Just look at the banks and big insurance companies.