Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Keep being posted to stop people being suckered into buying this stock
*suspend
They have been posted several times already. Obviously quite a few in here want to see this die. Have a thought for those on here who are sitting on massive losses. Until the next RNS all of this is just conjecture. The best thing they could do is I spend this stock and this bulletin board.
why do people keep posting those articles
Couple of articles in the Asia press , on Carnarvon
https://www.energyvoice.com/oilandgas/australasia/381345/carnarvon-upbeat-on-bedout-basin-after-east-timor-disappointment/
https://www.energyvoice.com/oilandgas/asia/381042/carnarvon-gives-up-as-widely-anticipated-buffalo-probe-disappoints-offshore-east-timor/
heres all the doom mongers all come out at once tellimg people to sell . are you all financial advisors working for free to help people out here or is there another reason
dnd2136, exactly, wait for the next rns, then decide your course of action. This is not over by a long shot. I've seen crap like this many of times, CHAR was 1.50 12 months ago, look at it now. If it was all bad news, we would of had it a couple of days ago. Next rns might be positive. in my honest opinion, do your own research.
Boom123 - not everyone is trolling this thread!
Some like myself have alsolost money but will buy back if a miracle happens
I though that the £20 million was mainly to acquire 50% of the licence.
I can’t see how a 30 day drill in shallow water would cost that much.
Hoping for some better news next week.
Even a few million barrels at $80 a barrel shouldn’t be ignored.
Its not over till the fat lady sings..
Would you put your faith and investment in a CEO that earns the minium wage?
dnd -the article where the operator has hinted they've given up hasn't exactly helped matters and even if they (ADV) give this another go , substantial amounts would need to raised...
Baffled that given $20m was spent on this drill why they didn't get another company to look at the seismics...
Why release the RNS at 7.50am?
Caught me out.. I guess something worked
this is crazy why dont people wait for the rns instead of saying its over bust ect. the comoany hasnt said that yet people on here posting all kinds of negative posts when you already have people talking about suicide is not going to help there mental state. this board is shocking and people need to wait for a rns on whats happening next
@Mairi, I am not an expert but the anticipated 80m column sat above a known oil field, buffalo 7. So drilling lower would be like passing through your attic into the bedroom below. To be commercially viable they needed some remaining oil from buffalo 7 plus a minimum amount from the attic.. something like that..So I guess what was important was the height above buffalo 7(the attic)..
Why would the drill have stopped at 3415 meters when the target was 3500? If we did hit an oil column where the seismic data didn't make sense would it not have been worth the extra 85 meters?
Uneducated Non oiler here, just curious.