Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Customary approval signed off as expected. Thoroughly derisked at these levels imo. Congrats patient holders who saw the (obvious) potential here. I predict a steady rise into summer.
Next steps, Greenvale will:
· Pay AUD 160,000 in cash to Mosman within 5 business days.
· Pay for the EP 145 Permit Year 3 Work Programme, including seismic acquisition and processing.
· Fund the Permit Year 4 Work Programme, including drilling one well with a well cost cap of AUD 5.5 million.
· The Year 3 Work Programme is to be completed by August 2024; the cost of the seismic acquisition is estimated to be circa AUD 2 million.
· The Year 4 Work Programme is to be completed by August 2025. The cost of drilling a well depends on many factors including the depth of a well and cost of drilling rigs at the time of drilling.
GLA DYOR
Hope this does well. Can it do 0.2 when RTO and Stanley sale goes through. When are these two expected?
Aimless or should I call you clueless, or brainless, or pointless. Stop posting negative crap and do one i.e fck off
Just got back from a run great news the rerate begins today.
No input from Botham
Parked at 30% fits my world ! Let’s see
Why no significant price movement? MM's have moved share price and parked at 0.23. Doubt this will even end up blue.
Just enjoy the moment , and we will see how far this goes .
No guesses on price but looks solid .
Enjoy
Well done Mosman and GRV, this scalable and progressive. This is a huge achievement and the opportunity here is clear.
@Radika obviously he meant .03. Which is entirely possible.
Maybe the guy meant 0.03. No need to get antsy.
Go away santiago. There are a few miserable people on LSE and you are up there with the best of them. Get a life
With more placings to come
Today is a pic ,If you buy at this moment I think you will be trapped for long time
New please don’t mislead new investors ..this will not do 0.3 p today
Aimless you're talking through your hoop. No need for placing as we're getting cash, up front, within 5 days. Capiche??
Only heading one way... Up, up, up she goes....
Waiting for the bed wetters and weak holders to sell out and then we'll be heading north. How stupid some people are....
This will be taken out by another player. Cheap as chips with massive potential
This can do 0.3 today easy
Great news especially the reference to helium. Rerate coming.
GLA
Get in. Expect a nice rise when news gets put later
Seems to be derisked now -- can't see anything but blue now, cashed up, increasing revenues, approval received and more news coming. I won't be selling any, not now of all times.
Today cvould be massive here.
DYOR
Well done holders finally AUS is unlocked it is starting to climb up.
Last RNS had them cashed up aimless1 with the US plays to be to be funded by cashflow...
Cash position
As at 31 March 2024, Mosman had cash at bank of circa AUD$0.82 million.
Andy Carroll, CEO, said: "I am pleased to see increasing production in USA providing revenue and cashflow whilst we progress helium, hydrogen and hydrocarbon exploration in Australia."