Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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"Which dizzy height?
1000p per share?
500p per share?
You mean we might get just 300p per share?"
I'm not a frequent visitor to this site but I have to say I've never seen a 1000p prediction, don't even recall a serious and convincing argument for 500p. However, I have seen 250p on many occasions.
I'd love my 290,000 shares currently at an average of 43p to be worth any of the above figures but I will settle for 150p
..... wishful thinking.... or evidence, rationality, reality... lets cast the dice....
Bigger picture, at this market cap I would question whether this accelerates a potential t/o, as given the apparent productivity of Lancaster and the undeniable potential that the company has it now starts to look cheap (relative to future cashflow potential)
£1 will do me ! It has a long way to go just to get to 50p!
There are plenty out there who just 'want out' at cost! Never mind some of the big IIs and individuals.
This share has been a bit of a disappointment.
Bullet proof vest is on.
LOL
Which dizzy height?
1000p per share?
500p per share?
You mean we might get just 300p per share?
It also significantly alters the cash/revenue projections for H2 '19 if this rate of production is sustained.
HUR will have effectively jumped to H1 2020 production rates and therefore we'd see a commensurate increase in revenue in the region of $100m against projected $>$50m region for H2 '19.
We'll all do ok out of this share but it wont reach the dizzy heights we once dreamed about. Long term decline in demand for oil, Brexit and a slowing world economy will be to blame.
indeed Longwait, but it's kinda hard to really.
You are absolutely right, Yasir.
One should concentrate on the state of the company - not on the share price.
Yip! Saturday offload of 450k...
Thanks for this info SIPP! This has to be hugely positive if the parcel is anywhere close to 450kb which we expect it to be. Puts the output very close to 17000 b/d being just 25 odd days between parcels! I can stop looking at the SP and put my mind at rest if EPS is doing so well!
Good spot Sipp, and some good news needed for sure! Does this mean a potential step up in Bopd? as would only total 350k from my calcs, assuming offload on 18th Aug.
AMUNDSEN SPIRIT changed the reported Destination
From: ABERDEEN
To: LANCASTER O/F
with ETA: 2019-08-17 05:00 UTC
Time: 2019-08-15 11:06 UTC
Position: 57.14309, -1.952148
Speed/Course: 0.1 knots / 243°