Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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B O D All seated and accounted for sir
The Mary Celeste
Had to be.. And given the delays here I'm not hugely surprised. Management have failed to keep to deadlines and this further evidences there is a problem I also expect to see sells showing up shortly. Could get worse in comings days without positive news
Still no news of finance , share price tanking , looks like they will have to sell LAST 20% of Tanzania , must be worth at least $1 billion , or a takeout @ 89p ouch.
article - Financial risk a possible hurdle to Fortuna FID: http://interfaxenergy.com/gasdaily/article/28968/financial-risk-a-possible-hurdle-to-fortuna-fid
some huge buys showing but i don't see matching sells. expect some late reported sell trades. its got to be IIs off-loading that amount. can't be a good sign. why sell at an all-time-low SP?
Down Down Deeper and Down Fools and there money
Could be prime now, a few years back the rumour was Chevron for �10, now look at it, I reckon �1 or just over would do it and that'd be 1 billion boe in resource and reserves in the bag. This is what the slump of the last 3 years could bring. To say I'd be disappointed would be an understatement but I have an awful feeling we are being set up for this, perhaps thats why FID hasn't happened yet.
Ophir. Not good but not a basket case. If you think about things logically, the update wasn't great and there has been some negative broker views. I think the average broker price targets are still above the current share price. Lots of spreadbetting/cfd positions being closed could impact a share price like this. My view remains the same low cost production, could be increased in future but not this year according to the update. A great asset in the pipeline. I think that I am right in saying that there have been no director buys for quite some time which is either a bad or a good sign. I was thinking about topping up on Friday but will either just leave what I have in here or top it up in a few weeks depending upon the price then. Right that is me here, definitely back in April, things to do. Good luck, don't panic and be careful about some of the people on these boards.
Ophir now has line of sight on its biggest potential monetisation step since the Tanzania partial divestment in 2014. It has been a long, difficult road but we are firmly on track for a mid-2017 FID, which will monetise approximately 345 MMboe of 2C resource. This will be one of a handful of global FIDs of a green-field LNG project in 2017. What does this mean? They said this last year in march, repeated same story in nov and dec. not discouraging anyone, but if they are uncertain then why they keep announcing something which is not happening
The title says it all BEWARE
Is to buy now, lowest price in 5 years, fortuna likely to materialize as said by Barclays. Barclays stated long growth is positive yet short term there are better options, well aren't there always !?
How is it fraudulent ?
I was hoping tht they would not let SP drop till bottom, but they have!! It shows how un-reliable this fraud company is
Yes, I think this is the only way to get through to them.
My take for what it is worth, There are loads of investors locked in here from high levels and understandably very frustrated due to the constant under performance of the company, also a few traders that recently got it wrong looking to exit, truthfully not many here would remain if they could get out unscathed, compared to any of its peers this makes for a poor investment.
I am going to tweet to them and ask, and send an email too
I agree, I bought a large batch in Dec after the update saying that it's in advanced stages. Advanced stage to me means finalising and signing paper work? There must be some governing body who watches out for this thing? They have been guilty of this on Several occasions!
I totally am with you, I was in at 76p, and now in massive loss, not sure what to do
Well I was in from the Salamander days and sold when these spiked to almost �1, still incurred a massive loss, this is a truly miserable company.
not sure what they are thinking of, but I would like to remind them any false/fraudelent announcements and predictions are against corporate governance code of ethics, I do not know who their auditors are, and question their integrity.
I sold around 9% of my holding at 57.5 yesterday at a missive loss and it didn't feel good!
I seriously doubt if there will be any such deal exist as they are claiming, i am gonna cash my shares before they end up become penny shares
I would hope the board are working over the weekend on an update to reassure the market. On their previous form I won't be holding my breath.
Just in today Get out Monday Everyone sells They go under You loss they loss big time Not for me all this jam tomorrow Bye bye