Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Troj and OQ. You are right AA 2010, I only clocked the date top right at first & noticed the 2010 later, interesting read in the absence of anything else. ...Hope that changes this week :)
CP, where did you find that? is it 2010 or is that a misprint ?
Looks like troll payback time.
https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7935231/AIM-oil-companies-take-action-over-bulletin-board-lies.html
welcome back Big - you've been quiet for some time pal
looks like las vegas might be back on …..scrub the blackpool weekend eh?
Kejoglo sounds like you bought Solo on a T20 and now you’ve been asked to settle. This could really be the only reason for having a moan.
This site seems to have put solo back into various things it was taken out of due to suspension. I suspect there will be an rns on Monday.
I'm more than happy to suspended ATM TBH...........!
stops those that where sat on the side lines getting wind of the premium priced funding................ ;()
The scale of the deal required a suspension, gotta be good.........!
All the best (your in Kejoglo, others are smarting :)
Kej, Limbo? The share is suspended, its not as if its going to the wall so why the urgency, I presume that you have never worked to timescales yourself or you would have some understanding ( still talking history about old management to, unless your desperate for the money relax.
What is there to say here except to ask "when will this thing be traded again" or maybe "when will anything actually happen here"?
For once when the Solo board says something it would be nice if they simply delivered without there being need to argue on points. Hence "Mid-November" well the 15th has come and gone so now we can argue what "Mid" means just like all the other times that have come and gone. It might happen Monday or Tuesday or the week/month/quarter after and no doubt everyone will start spouting patience. However it would be really very pleasant if Solo just did what it said bang on time every now and then or perhaps even just once. I will be far happier when this is traded (in whatever form) again regardless of all other considerations/hopes/expectations/fears or fantasies! Until that point we are all in complete limbo.
I don't see any reason for a out of trading hours Rns when they are suspended.
Soon see if it's today Babel, either way the document can't be far away.
GLA
Some claim to have bought in before they're............!
sabbatical leave............!
All the best (googled it :()
Afternoon
Do you think we might see the document at the end of trading today or maybe next week? Funny by the way how the negative crew all appear to have taken unpaid leave during suspension!!!
My picks have been disastrous so hope I haven't cursed you lot! Made a bundle on Gemfields so realising these as well would be a nice Christmas present for the kids!
Company & Holding Avg Cost Per Share Profit / Loss
AMINEX ORD EUR0.001 (AEX) 5.347p -76.15%
ROCKHOPPER EXPLORA ORD GBP0.01 (RKH) 103.0567p -83.99%
SOLO OIL ORD GBP0.002 (SOLO) 10.0762p -75.93%
STERLING ENERGY ORD GBP0.10 (SEY) 42.6136p -78.76%
20000 barrels a day is nearly £400 million a year income.
With that sort of income and hopefully a good profit margin a billion plus mc is very likely.
Krusty, the current target for 5 years (although, like Steve I think that we may get there sooner) is currently set at 20,000 BOE per day if we're producing at that level the price has got to be considerably more, wouldn't you agree?
I do agree that the temptation to cash out once it hits my short term target is high but I've been here for . a few years and another 5 won't hurt will it ha ha
£1, really?? If this gets to 7p I'll get my money back & be gone! If I miss the party, so be it. Good luck to all those waiting for £1, sincerely hope it happens...
Looks good.
I would bring the £1 forward by 3 years.
Me being greedy again.
If they increase the daily output figures a billion plus mc should be achieved sooner.
They have of course said they expect the company to be a mid cap stock.
I'm just hoping it's sooner than later.
Cheers both, interesting to see how it all plays out, hopefully not too much longer to wait.
I'm thinking...
Relist at 7.8p
Dec 31st - 12.8p
July 2020 - 15p
July 2025 - 100p
Forever the optimist :)
I'm just speculating really Panch, let's see what the admission document says once it's made available to us (soon, I hope).
Last one I took part in (SXX) was 1 for 22 at a 25% discount to the current sp i.e. 15p against around 20p, at the time.
I'm guessing this one will be in the 1/15 1/20 range and probably at a premium to the 2.35 Solo suspended at, but maybe a small discount to the , hopefully higher, Scirocco opening price.
We will soon know.
You're talking about the new opening price for Scirrocco, we are discussing the Open Offer to existing shareholders.
Completely confused with this. I was expecting 15p as you were all raging on about for the last few weeks?
Thanks Steve, 1 for 1 to get £18M would put it at about 2.849 then
Also spotted that its now no longer showing as suspended CP, does that mean next week is a certainty now?
Krusty, I thought the price would be based on the suspension price, if it is based on the new NAV is that really rewarding us LTHs?
I hadn't actually considered a premium price AA, is that often the case in these scenarios? Again, don't really feel that's rewarding us too much for sticking with for all these years.
Roll on next week, hopefully we will get the answers we all want. :) GLA
Only just popped up again on my quickpicks list.........!
I'm thinking a premium also AA, and be very lucky to get a 1 for 5........ more likely a 1 for 20 with an option to apply for more obvs........!
All the best (I'm up for a 1 for 1 of course :)