Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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https://wap.business-standard.com/article/economy-policy/boris-johnson-s-india-visit-to-finalise-roadmap-2030-for-india-uk-ties-121041501294_1.html
April 25th ,April 26th and 27th are dates .
Be nice to get some news before Friday next week as we went into weekend .
I'm sure the Indian government will be aware of how the Oilex completion on Cambay would help offset the cairn debacle .
So In willing to bet they will speed it through
Wether we will see any sort of tie in to any news release from oex and Boris's trip is a wait and see, however I think so many investors have built a position here, some very very large positions with sticky fingers and as time passes and news becomes more likely others will want in. Some will get scared and sell on any drift as time passes and the MMs used this last week to make the market. Imv further downward drift will cease now while there is the increasing prospect of news and any good news will see another decent rerate. The Government of India approval is the key that unlocks everything. Joe must realise the opportunity here with Boris's trade trip and I hope he's been using all the back channels and contacts he knows to enable some sort of positive news announcement during the trade trip.
Very positive. This time next year Rodney.
Well the Indian government need to get a move on! :)
Indian Govt just trying to get a better handle on the COVID issues currently.
Approval should come through soon imo.
Potential JV partners lined up I think, just waiting for the official Govt approval. Then fireworks
And don’t forget to top up of course. I did a wee one this pm. Gla
Yup your right it won't
But it will tell you when it's done.
After 10 year in oilex these waits just seems like mere days on the clock.
Gla
Well I’m happy to wait for 2 nights Steveiom!
But seriously I hope it doesn’t drag on too long. It doesn’t sound like it will by the progress being made.
Have a good weekend all.
Patience troops, patience - good weekend to all
Small volume and given the amount of sells to buys the SP has done well so far today. Obviously no concerns over taking shares from any impatient holders. There's been loads happening in India this week in relation to foreign investment and moving towards clean energy which in MHO natural gas has to be right up there. Just a matter of time, but they have got a few COVID issues so might not happen overnight.
Having lived and worked in India several times you aren't far wrong, but since Modi took over its just a little more subtle
Zag. I think it's an indication of where to send the brown envelope. Lol.
I’m having curry for tea maybe that’ll give me some insight
Bid dropped to 0.2737p on HL
Seems no one is selling
Callum
Not getting how Looking at a website will help speed the approval process up.
depends if you know where to look and how to
https://mopng.gov.in/en
Imminently should never be used when discussing Indian governmental approval processes.
bid sitting at 0.282p, not the friday i was hoping for but oh well. Hopefully we'll get a better start to the week.
Ah ok Pacman that was my misunderstanding. Hopefully soon then
The Indian government hasn't approved the cambay sale yet. That is one of the pieces of news we expect imminently.
The state government have but not the national government haven't.
I really thought there would have been a big spike after Indian government approval but I guess that ship had already sailed with the original RNS.
So I presume it’s just the JV news now for the next rise...
Yes, some of those are buys, I topped up this morning and it is showing as red.
Real buy is 0.294p
Just topped up to confirm
Those reds are buys trust me
GLA
Maybe next week if we get the news we want, lol. In all seriousness, we are in a holding pattern now and showing great stability at this level.
Lol @ Pacman