Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I'm sure whoevers buying it will know
The yesterday's RNS lacks information about average condensate price ($/bbl) in Russia.
They have only for gas.
Once the profit takers are all gone we will get even better rises imo
Its profit takers the 10% to 20% as we say , with high volume it's easier to sell.
Anyway good results Simple wall st has a value of £1.16 at thats on junes figures , the Russian side of bussiness should expect a ballpark between $40 to $60 Million sale value.
Nobody knows the buy sell ratio as sells can appear as buys and buys as sells! Quoting the numbers is pointless. Also most big trades are always delayed so they never match up correctly.
To say those with big money know better is quite funny! People with big money sold out of EUA at 0.6p and the share hit 40p within a year. They certainly didn’t know better!
Yes seems that profit takers ruled the day on the news.How ever the results were so good it would be surprising if the sp didn't start moving up over the coming weeks in anticipation of even better news with 50p being the base line aimho
If RNS was so great and certain parts were, why were there so many large sells? And overall MORE sells than buys? 680k v 800k, think those with big money know better or something has spooked them.
Average 120m a day TD should have been hit today
Alexander Paraschiy: "The company’s decision to invest into drilling in the Rudenkivske field looks brave but risky, taking into account that earlier attempts by the company to develop this field were not successful. However, if the drilling is successful, it would significantly add to the company’s value."
Increase in Ukrainian gas production from 521Mcmd to 586Mcmd from Q2 to Q3.
Ukrainian gas price realised $431/Mcm compared to Energy exchange price UAH 14,500/Mcm. Estimated Q3 revenue $23.0m contribution from Ukrainian gas
Q4 gas price in the range UAH 26-39,000/Mcm. Estimated Q4 revenue $40.7m - $60.9m contribution from Ukrainian gas.
The best results will be this quarter.
Q1 $10.1m, Q2 $11.9m, Q3 $23.0m and Q4 $40.7 - $60.9m revenue
Now 51 million in cash plus inventory. Positive 250% and 60% increase in price for gas and oil coming through. Nearly worth as much as the company now!!
xtra $15m from June end to this qtr..
impressive
This years q2 update was on the 19th July! Last year it was on the 9th July!
It will come soon but looking back they’ve never stuck to a particular date.
Whatever the number is it’s sure to be far more than previous quarters. I would like the idea of some special divi alongside looking further out for investment when prices drop as of course the value of all extractors have probably increased. Hold some cash, see how high and how long these prices carry on for. I think oil will drop, gas less so based on winter and it’s usage in many wide ranging areas.
Still hoping for update this week based on timing of Q3 updates in last two years. SP can be news driven and with higher gas prices the numbers may look very good.
Maybe the calculators bust!? Lol
On a P/E on June update of 0.17 and factor in new gas prices we are looking at a P/E of 0.5
In other words underpriced
Next Earnings Date
n/a
Earnings per share (EPS) 0.17
Gross Margin 43.25%
Net Profit Margin 50.74%
Debt/Equity Ratio 0%
no
Has the rise in the gas price .Already been priced into the share price ?
Have taken up a handful which may give me licence to add a comment or two somewhere down the track.
Pushing 10% up now.
Hopefully a nice steady rise into the 60s range this week
Up nearly 4%
Doesn’t seem to have lost momentum over the last few days. In fact more updates on impact upon retail and industry. Even if you want to hedge your own bills stick 2k in here, 40% increase which is likely and you’ve covered the up and coming increase
Its the plant that serves China near the border.Cant see gas prices going down now we are into the winter season I would expect the sp to rise significantly in the not too distant future imo