Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Why did it go.up so high back then? Was it cos of license news?
Yes mate you are exactly right. Well I didn’t know it was going to tank did I. At this time I was in at 27p. I remember it very well shooting up to 150p +. I had no clue and was abit naive to investing tbh. Oh well. Yes I saw it go up and back down again!
Licences given out next week. Expect a big rise next week. Bank Holiday Monday so from Tuesday onwards
"Panic Seller done and dusted."
Panic seller is likely someone who couldn't believe his luck today! lol and I would say there is a good reason to panic as you might never see this price again. I wish I had panic sold many years ago.
Would like nothing better if this took off but been around long enough to know better lol
Panic Seller done and dusted.
And then come.the derampers.that follow as simply as night follows day, to get q cheaper entry
Mrcalm - as is customary with every board I am involved in , as soon as the sp rises serial rampers suddenly appear and start my making bold predictions and multi post. Welcome.
Glad.to be in before the herd arrive
And 2.9 has just been paid
My bad, the ask has been raised. Now expect bid to rise
2.52 to sell. Bid will tick up soon
This baby 4-5 withinnweeks in 2019. Expecting bags before next saturday
The chart looks really strong and NT. 🚀💪💪
Sampson, if you have been in as long as you say you have, then you had the opportunity to sell around 157p back in 2007. I first bought these around 2004, sold some and bought back, and still holding. It's no good blaming the company for your investment decisions. GLA
Snap. Same average as mine . Should have sold out when that crook tamraz created that spike.
I feel your pain but if a miracle is going to happen, the only time it came come is the next few weeks. If it misses the boat then unlikely to happen.
Mate I’m holding these at 8pence average. But have held these over the years at all sorts of price. Before around 27p.
This company is not to be taken seriously and no way should you/ or anyone be too involved in this company.
Pauly " I am nearly broken for waiting the past 6 plus years. "
Sounds like a very typical stock market experience to me, especially in the oil and gas and miners exploration business. 6 years isn't really that long and who knows if another 6 years will roll by with seemingly no progress?
But as you say I think the Iraq oil might even happen. I prefer this to CLON as the directors have more at stake here themselves.
Sampson, I am nearly broken for waiting the past 6 plus years. The torture and turmoil has been painful. You are ina. different league.
Whats your average?
I believe all the years of having and maintain good relations with Iraq , previous work, previous license and having an senior iraqi on our board has resulted in THIS MOMENT!
Was it a waste of time? is this a lifetsyle company? We will find out in a. few weeks.,
BOOm or BUST but surely they wont be able to fool us possible mugs for any longer?
This PET has been dead and buried for years. Should have been taken to the VET years ago. To have been put out of its misery !! Hahahahahaah. Take DH and JT to the VET also.
Good luck. Been waiting since about 1985.
Cheers KDIX.
what happens if we dont get awarded anything? Dead and buried as a company?
I think the phrase 'submission of bids' has confused a lot of people, including myself for a bit.
However, the Initial Tender Protocol document, published on the IOM's Petroleum Contracts and Licencing Directorate (PCLD), quite clearly states that:
4.2 BIDDING PROCESS
"The bid envelopes will be opened immediately following the deadline for their submission".
This ties in with the 2018 fifth licencing round which had April 25th as the deadline for submission of bids. The winners were then announced publically the following day on April 26th.
Cheers kdix,
If the bid date is May 11th then won’t it take them a few months to analyse and review each bid?
Morning Pauly,
The last official statement from the Iraq PCLD website stated there would be a 15 day delay and that "the submission of bids is now expected to commence May 11 2024".
However, that notice was replaced shortly after by another one saying the Final Tender Protocol (viewable only to participants) had been updated with the latest timetable. The FTP is a document giving the final bidding and contract details and is not viewable by us mere mortals.
In essence, we do not know the definite date other than it is "expected to commence 11th May", which is 2 weeks this Saturday.
The date in question is the day that they intend to hold a 'ceremony', a 'bid auction' , commence the 'submission of bids'. All these terms refer to the same thing and mean the date that bid envelopes will be opened and immediately publicly announced.
So we keep monitoring Iraq news articles for any confirmation of May 11th or otherwise.
Kdix - when are we expecting to hear news about when licensees are awarded? What the latest date we expect official news’s? End of May 2024?