Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Nice research fourprinces
bidding war?
That maybe ONE of the MULTIPLE interested parties ;)
"in response to escalating interest being expressed by multiple parties "
FP - All I think is the cash they get will be SIGNIFICANTLY above current MCAP - which is below current cash levels anyway...
Yes I know they have debt...
50p recent loan note - there are more at higher levels too... hopefully one will come soon ;)
Im holding as IF sale RNS comes you wont be able to buy easily imo.
So under the radar...
$1,400,000,000 worth of P + P oil
Oil Reserves InformationThe reserve estimates shown in this report were developed by Ralph E. Davis Associates, Inc., an independent petroleum engineering firm, and are based on the PRMS joint reserve and resource definitions of the Society of Petroleum Engineers, the World Petroleum Council, the American Association of Petroleum Geologists and the Society of Petroleum Evaluation Engineers consistent with UK reporting purposes. Proved and probable reserve estimates are based on a number of underlying assumptions including oil prices, future costs, oil in place and reservoir performance, which are inherently uncertain. Management uses established industry techniques to generate its estimates and regularly references its estimates against those of joint venture partners or external consultants. However, the amount of reserves that will ultimately be recovered from any field cannot be known with certainty until the end of the field’s life.All reserves are located in Colombia, South America.PROVED SOUTH AMERICA BARRELS(‘000S) PROBABLE SOUTH AMERICA BARRELS(‘000S) TOTAL ALL BARRELS(‘000S)At January 2015 Developed — — —Undeveloped 19,758 4,573 24,331At January 2015 Revision of previous estimates¹: (19,745) (4,573) (24,318)Production (13) — (13)At January 2015 Developed — — —Undeveloped — — —AT DECEMBER 31 2015 — — —
Canadian oil company Arrow Exploration Corp. (TSXV: AXL) announced that it will sell part of its interest in the VMM-2 block within the Middle Magdalena Basin for $5 million USD.
The goal of the sale is to bring in cash to provide more liquidity and financial flexibility for Arrow Exploration, which operates in Colombia through its wholly owned subsidiary Carrao Energy S.A.
Arrow Exploration will be offloading a 46.9% interest in what it refers to as the the “deeper section” of the block. It is also selling a 20% interest in the “shallow section.”
Combined, the Calgary-based firm expects to see a drop of around 85 barrels per day in net production of oil.
The company expects the sale, which is subject to approval by the Colombian National Hydrocarbon Agency (ANH), to close by December 14.
The move will provide “an important boost to Arrow’s financial flexibility while retaining exposure to results of an expected capital program on the VMM-2 Block in 2019,” it said in a statement.
GRAN TIERRA ENERGY INC ( GTE ) is a small-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on Kenneth Fisher changed from 48% to 60% based on the firm's underlying fundamentals and the stock's valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Gran Tierra Energy Inc. is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization. It operates principally in the Putumayo Basin in Colombia, and has properties in other basins, including the Catatumbo, Cauca, Llanos, Sinu-San Jacinto, Middle Magdalena and Lower Magdalena Basins. It has interests in over 30 blocks in Colombia and it is the operator on over 20 of these blocks. Its blocks and fields include Chaza-Costayaco and Moqueta Fields, Guayuyaco-Guayuyaco and Juanambu Fields, Garibay-Jilguero Field and over 11 Other Blocks. Blocks REC-T-129, REC-T-142, REC-T-155 and REC-T-224 are located over 70 kilometers northeast of Salvador, Brazil in the Reconcavo Basin. Its blocks in Peru include Block 123, Block 129, Block 107 and Block 133.
Bit of company would be nice, lonely on RMS board..
Good for you... what do you want a medal? Pat on the back ;)
Nice of them to do a discounted placing there though ... but at least directors took part!
RMS catching you up babbler...now 20%..
Decided to hold for next news. Can sell fine at bid however IF sale confirmed it will really rise imo.
Out of meeting. Holding up nicely here :)
Anyway back to Naut wave 2 in coming
I picked RMS ahead of this based purely on volume. Poor here in relation to inflated prices. However RMS different story...
Exactly russian roulette so please do not tell me to stop ramping even across boards . It's the wild west anything goes. If folk don't agree don't invest. Best of luck to you.
I think he was talking to you... I don't lose people money - its up to them to research and invest as they see fit. A lot here have made a lot off my tips - as im sure you are aware no one gets it right 100% of the time!
I was being polite to you saying RMS would rise... but you just keep going...
And you tend to lose folk money..
Well said
I ramp on the relevant board... not across other boards (other than tip boards) but thanks. Bye!
OMG grow up
Ramper !
Says king pin tamper..you gotta laugh..
Please stop - you made your point. Since you posted last time this has risen another 10%... But gl there. Im sure it will rise but no need for cross ramping thanks.
Guys believe me it's the one to buy..