Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Volumes are low ,since the March Winx rush we have traded barely 18% of all shares, as ~50% of those are probably buys then very it appears few LTH are losing patience enough to sell at these prices.
VJ Sunday 13:56
What reasoning behind the end of day 16:30 Friday announcement , or are you just looking forward to another weekend?
I'm intrigued.
keefy
bridge
sorry was not for you
it was intended for
five laws
cat
bridge
you mean a third
lol cat
Beginning to wonder if this deal will be a little more complicated than a double well free carry. 88e are just getting on the trail to monetisation of assets. It’s been an exciting and sometimes difficult ride for holders but thing are starting to chance and the DW is now converting the pain to cash. Judging by the SP investors are either losing patience or just don’t give a sh one t .
I keep telling myself it’s got to be June. That’s what he told us. Not long now. I seriously can’t take any more disappointments here. If this gets pushed back or doesn’t come off I’m not waiting around for a possible HR FO.
dazz - 20.23: good points. Reflecting on them as I am enjoying viewing the ASX and Chi-X markets in stereo :-)) VGLA
Reaper 007 12:08am couldn’t have said that any better fella our thoughts and minds opinions feelings and emotions are all relative to what we see and believe in this company. facts are great but there are only as good as the understanding and technology that we use to find them.. what was old technology Yesterday would not of got us this far without the new technology today that will carry 88e forward and make us an efficient and attractive company for the farm out tier 1 Oil major who wants to buy into our story... Einstein once said negative people only find problems in solutions I hope you all agree that most of us are positive and believe that Dave and the rest of the company will find solutions that will eventually cream the curve enough for us to make a few quid The rapid transformation of 88 energy is upon us and it will leave behind the nervous Nelly and all those who are greedy and lack an understanding Financial investing .. Best regards dazzle
Monty, that all depends on how quickly you need the cash back. I generate plenty through property, So I'm happy to sit and wait or so be it lose it all.
For some investors it's everything for others it's for the future. Investments win or lose that's why like a casino.....it's a gamble, ya gotta be in it to win it. My research tells me there something there 88e explore, oil company's extract. As you know 88e explore and that is what they are doing.
For e.g.. I explore for things around the house, my wife finds them..it's a man thing.
All the best.
Haha, another classic post Monty! Entertaining that's for sure. We will soon find out if your right.
Here is another example of Casino investing - My 88th post, hope it’s lucky etc. Better off l learning and researching how to find cash generating winners with decent balance sheets. Onwards and downwards for 88e I think..
Afternoon gang,
This is my 88th post, I hope it brings us all good fortune for an RNS in the morning.
Good luck all.....we got this
It`s hardly surprising that this poster always has such a negative perspective on possible tasty opportunities with such disgusting dietary preferences .
I dread to think what he would concoct for his desert . On the other hand a serious dose of dysentery would keep him away from his keyboard .
Fingers crossed for that and fingers crossed for Friday 4.30 pm ! (My personal preference news day)
GL .
A bit like me Brom, I think most that post here are emotionally attached as they have invested in the company. Money out = emotions. We will all be emotionally charged in 12 hours and 12 minutes when the FO is formally announced on ASX in the morning.... Hopefully, maybe, fingers crossed..
at least did not repeat usual guff about permafrost :-)
always sounds a bit emotionally attached!
No mention of it not being profitable to drill for oil in alsaka this time, has he realised that there is a lot of oil being being profitably produced on the north slope?
04.56 - not aware we are a turd exploration company. Wrong board? VGLA
Monty "It's totally mismanaged from wasting money on Ice roads, Winx and the first sea water bearing hole of great expectations". Misleading, only one ice road had been constructed, so not roads. Winx, well it had to be accessed from an ice road, it was a cheap punt that failed. If they'd found oil we wouldn't be discussing this, that's called exploration. Which hole contained the sea water? None I'm aware of. Icewine contained a lot of frac fluid but the company put it in there. So no surprise that it came back. Enjoy your Sunday.
Find = drill
McAllen (?) = MCAP
Dam Monty. I agree with much of what you said and we want all informed views on here.
It isn’t all rainbows but I don’t think this has been mismanaged. Just been unlucky not to hit oil. We do have cash in the bank, just not enough for a well. But yes we aren’t negotiating from a position of strength on the FO. It is a bit like selling the family silver but the other option would have been further dilution to find another well. That wouldn’t have been well received. If we can get carry on a drill and some share of the oil that’s in the ground that’s going to be worth a lot more than the current McAllen on either the HRZ or conventional. I will be happy not tube in an explorer that is always raising money to fund risky drills. I would have been much happier if we had actually proved concept on IIW on our own but that ship has sailed. Dealing the the current circumstances I think DW has made the right choice for shareholders.
And thats what you did and then I did back at ya!!! Hopefully we hear something soon, make some coin and move on. This has gone on well beyond what I anticipated with nothing positive to date. Good to us all HM.
Although I see your point :)
How about people have freedom to express their opinions in an open forum.
How about we just get one thing sorted before the next. If we don't get the conventional FO I think it's very safe to say we will not get anywhere near to an to an opportunity of unconventional FO.
Soft was a term used to explain how we are proceeding for the second farm out later this year on the unconventional .... “For the unconventional portion of Project Icewine, it noted that the formal farm-out process has been deferred into the second half of 2019 though ‘soft’ farm-out activity is presently underway with interested parties.“ To me this implies we could see a cash injection soon for unconventional in the same farm out agreement as the conventional to start moving forward with unconventional plans which will be formalised later this year.
20.01 - all very much poster's opinion and all points can equally be seen differently. VGLA