Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I can recall Bpc going up to 19p a few years ago without any plans for imminent drilling, so double digits now is not far fetched.
I agree with you there Prospect- long term depending upon result of the initial and later drills we can be certainly be looking at figures starting with a £ sign. Perseverance is an exploratory drill and it will be some time before a full rig would be in place along with production from potentially multiple rigs. Small steps at this stage on the run up to the bit going in - though those small steps are making great gains for people along the way.
We may get a singular farm in, we may get a consortium farm in. There is even a potential buy out scenario at which point things would become very interesting especially if we are actually producing at the time and pre-drill estimates are met.
Overall these are interesting times and potentially very life changing for a lot of people - everyone will have their own figures of course but fingers crossed everyone makes enough to be happy.
Stay safe ;@)
Don't worry about 400+p at this stage. You can think about that post-drill results. You'd have a better picture then to make an assessment.
The play here is all pre-drill and expectations of those drill results during drill and immediately after drill.
I'm optimistic with BPC andit's good to see more optimism from other poster. :)
Harry sorry mate you’ve got your decimal point incorrectly placed. It’s:
£400.00. !!
To Edison they said the electric light bulb would never catch on. I wonder what they said to Dana petroleum.. £18 a share your having a laugh..
You just never now
400p+ on a 5p share? OK, now I have been transported back in time to the old SOU message board.
Good luck with 400p - don't buy the Merc on credit.
400p+ would certainly be very welcome to holders of the stock Starchild, but regardless of potential upsides going forward, we can look at the very near term outlook for the Company and share price.
What we've noted quite clearly is that any transient intra-day price dips are very aggressively bought into. The reason for that is obvious in the heavy Newsflow expected in the coming few days as well as the potential upside beyond that and alluded to already.
We're pretty much covered either way for drilling (possibly multiple drills), the BoD are well aligned with shareholders and have negotiated some very clever funding options with avenues to further reduce any shareholder dilution.....and we have the potential FARM IN, news of which many anticipate will be released within the next 9 Working days ie before the 9th March.
That's why the price move Upwards is so robust, overiding intraday trading and with a solid Newsflow route to move it comfortably into double figures pre-drill, imo.
That's even without incorporating the actual drill results into the price picture.
Really good to be holding BPC stock at this exciting time.
Have a beautiful day all