Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Lol nice chaps. Bye.
Today, i am pumped because Spawny100 sold and is never coming back to this board. Thank goodness.
Spawny - Don’t let the door hit you on the way out. Glad you sold, now please go away and don’t come back. Tired of your whiney posts.
I have raised some red flags on the other board in the last few months Buffy but generally got a pile on for doing so. Incidentally that IS one of my red flags ; a relentlessly optimistic bb with wild valuations being bandied about and anyone questioning them gets ridiculed. I did sell most of mine between 160 and 170 and said so back then. I also said I bought a load last Friday on seeing the satellite flare pics and sold them after Paul's Directors Talk and Proactive videos. I'm very grateful to some super posters, yourself included, who have helped me to make some life changing money from a relatively modest initial stake. Cheers.
“ Of what relevance is it to discuss why most people are here when we are discussing asset values?. I...”
I’m not sure what happened there. I meant to write that I no longer need the validation of the masses.
Buffy
Fascinating, absolutely fascinating.
I’ll go on to say why, but first let me respond to your post Spawny.
“I'm surprised Buffy. Does it not feel a bit like clutching at straws to talk about their legacy oil assets at 1500 odd bopd as the source of value here when most were here largely for Ortoire?”
Of what relevance is it to discuss why most people are here when we are discussing asset values?. I
Fascinating, absolutely fascinating.
Before I mention why let me respond to your post Spawny.
“I'm surprised Buffy. Does it not feel a bit like clutching at straws to talk about their legacy oil assets at 1500 odd bopd as the source of value here when most were here largely for Ortoire? “
I don’t see the relevance of why people are ‘invested’ when I’m talking about the assets of a company.. I don’t need the validation of the masses.
“And I'm wondering if Paul might rue the day he made the 'wall of cash' comment as much as the day he declared Chinook a 'significant gas discovery'. “
Oh, I’m sure he does already.
“It seems a bit 'jam tomorrow' to me right now. “
If it were all jam now the market cap wouldn’t be where it is.
“I won't be one of those annoying people who sell out and then constantly diss a company to try to get back in cheaper.”
Just occasionally? :^} Actually, I don’t mind anyone posting when they have sold out, as long as each time they do they have something new to add or at least more clearly phrase something that they said that might have been misinterpreted.
The better time to see was at £1.70 on the basis that the SP built in a faultless execution up until we spud Big Daddy.
The reason why I find the current series of posts fascinating , both here and at the other place, is how everything is viewed as glass half empty as opposed to before the latest Chinook RNS where everything was unremittingly glass half full. People were happy to have the jam tomorrow.
“ I've been quite clear that I'm out as there are too many red flags lately. I sincerely hope this does come good for everybody but I'd really need to see some jam today before I think of getting back in here.”
You’ve got jam today Spawny or have you forgotten?
Buffy
Both follow up video interviews were kind of weak, what's the point of paying for Directors talk if the person asking questions sounds like he is falling asleep? The questions were exactly the same, never thought I'd say I miss the old interviews at proactive.
I think Touchstone is large enough to get Paul on Bnn or CNBC or something similar.
I did not like the 1500 bopd comment because they are at 1275 bopd as of December 31st, and presumably lower today. PB, needs to be better prepared and have a good story, the market is hung up over a 5 million dollar busted/or misinterpreted well at Chinook. We want to hear about the seismic and spud at Royston, the follow up well at Steelhead, plans to drill the up dip oil drill at Chinook etc. Unless they're planning on some c02 injection, or new well drilling, we really do not need to hear about the western fields. Especially an outdated number, which is no longer relevant.
I'm surprised Buffy. Does it not feel a bit like clutching at straws to talk about their legacy oil assets at 1500 odd bopd as the source of value here when most were here largely for Ortoire? And I'm wondering if Paul might rue the day he made the 'wall of cash' comment as much as the day he declared Chinook a 'significant gas discovery'. It seems a bit 'jam tomorrow' to me right now. I won't be one of those annoying people who sell out and then constantly diss a company to try to get back in cheaper. I've been quite clear that I'm out as there are too many red flags lately. I sincerely hope this does come good for everybody but I'd really need to see some jam today before I think of getting back in here.
Lexion, you and I both. Sometimes it’s difficult to keep things in perspective. The story here is still compelling. I’ll feel better when we finally start seeing the wall of cash from Ortoire. If the oil price keeps climbing the forgotten about oil assets will be earning us serious money. When I say oil assets, I’m not including whatever Chinook and other Ortoire targets give us.
Point taken Buff - maybe just a bit too involved in day to day price shenanigans- Bring on Coho , Royston spud , good ewt at Chinook and that wall of cash - I feel a hell of a lot better already !!
Lexion, did you say it was crazy when the share price went ballistic, shooting up from 20p to nearly 180p? No, of course you didn’t. You had a glass and a half full then.
Buffy
So the market has moved from 88p to £1.03 on Casc Deep flow results: that is just £30 m on market cap for what looks like will be a minimum of 20 mmcf/d and 450 boed with potential to be over 100 mmcf/d once up to 4 additional wells are sunk
WTF is going on ??
Maybe Royston success may help us move back into the 1.20’s ?
Sorry guys - Just having a glass only half full sort of a day
At least the sun is shining- but I need soaking rains on the farm now
CRAZY CRAZY times
GLA
There has been some strange trading going on in recent weeks. Personally i think the MM's are facilitating an ii or an influential individual to load up. Uncrossing trades at well below the SP to drop it and consecutive very low value trades for the same purpose when there isn't really any big sell off or volume.
Here for the bigger gains towards the end of the year so todays price is irrelevant and a bonus to those wanting to get in!
Plus any traders that bought the dip at 85-90p, selling having made a swift 20%. Plus plus there seems to be a regular seller of 10k chunks.
From last November is still being worked through as they couldn't sell till February I think.