Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Celticheart ....do not be scared to reply to my posts. ........show me a balanced view with all your experience and research. .......
Celticheart/ .......it's all been good research today but how about a balanced view
Sorry, That should have read Rexco's but my Mac seems to prefer Rex for some reason.
Rex's comment about a possible merger between Range and trim has ti be looked at seriously, TRIN are doing well at the moment although there was a time where their survival was in question. If the two were to join forces, not only would the emerging company have a production between 3000 and 4000 BOPD but with RRDSL on board also greatly reduced production costs and better netback for both parties. It would also mean one BOD and management team and the resulting cost savings that would bring.
The same thought had occurred to me strangely enough
Nice to see Trinity improving. Surely we can do the similar. Only time will tell.
Since RRDSL already works for Trinity it's highly likely they will have further contracts as Trinity expands. This is one of the main reasons for the acquisition. The question is will there be a merger?
This is by the way a list of RRDSL's services on offer: Turnkey Integrated Drilling and Completion Services (Oil & Water Wells) Well Abandonment & Workover Services (Oil & Water Wells) Well-Site & Rig Management Services Risk Service/Production Sharing Contracts Procurement and Logistics Services Drilling Rigs (Sale/Supply/Lease) Solids Control Equipment & Dewatering Systems Reservoir Engineering & Management Labour Management Services Waterflood Technology & Enhanced Oil Recovery Directional Drilling Services Perforation and Completion Equipment and Services Location Preparation and Building Wireline Logging Services
Nice piece from Malcy today about TRIN citing "... 2H production growth was 10.2%, a very impressive figure wherever you are coming from and reflects excellent operational work with work overs, re activations, swabbing and re completions in full swing." It would be good to know who is carrying out that work for them, speculation of course but RRDSL maybe?
You seriously want to highlight these trades? 06-Mar-18 09:42:07 0.1582 13,557 Sell �21.45 06-Mar-18 08:53:48 0.1582 950 Sell �1.50 06-Mar-18 08:00:26 0.1582 16,706 Sel �26.43
You really have to laugh at these petty games 08:53 - 06/03 Sell 950 0.16p �1.50
Another gem of an opening trade I see 08:00 - 06/03 Sell 16706 0.16p �26.43 so predictable and so pointless
When the price of oil dropped as much as it did companies were forced to become far more cost efficient to survive which means they can now be profitable at a much lower level than previously. WTI is currently forecast to be $70 a barrel this year but some believe it could go a lot higher than that. RRDSL will cut our drilling costs by around 30% and eventually become a source of income too, as k.j.k says we are heading in the right direction.
Let's hope that we have a mention of a improved avrage on 777 for January, with some results for February, that will show we have momentom here and heading in the right direction!!!! WE r getting closer to that 1000 bopd that been promised for years BUT for fu_k sake can we now talk about 2000 bopd!!!!!PLEASE
The value of the trades today were only enough to buy an old banger. There is no real demand for the shares at present since the company is still in a recovery phase which may or may not succeed. The spread will ensure this is the case for months to come
Thanks administrator for deleting another multi I�d hopefully this company can move onwards with out these parasites. Gla
Celticheart. It's difficult people could be here for all sorts of reasons. ... I am here more to do with if I can pick the top on a spike if that happens. . I do hope shareholders gets a break on this because you all deserve that feel good factor to come back again and I would love a big spike to happen.... ..I think being invested never gives out a balanced view and I have been guilty in the past of falling in love with a company and taken no notice of anyone unless they were rampers. . ...deramping is disgraceful if you want people to lose money through jealousy and greed but they can save investers alot of money when they get it right
I�m doing ok the reason is I pick stocks that have gone through the mill and are coming to the other side not many small oily�s were making any money at sub $40 not only has the price recovered with still more promising months to come the board is proactive too. But thanks for the super low top up price pro shorters
Regardless whether or not they are positive or negative the fact that they are invested makes all the difference to their credibility. The question is simple, if they are not invested then why are they posting, some for a very short time and yet with a lot of history to draw on it seems.
All chat boards have rampers and derampers. It makes no difference whatsoever whether they are invested or not as long as they are making valid points. For your information the derampers have been right most of the time in the last 6 years.the future is an open book so a balanced view is a valid opinion. In the end it's all about making money and losing less( cutting losses ). .. unless you learn these basic rules you are just cannon fodder
Noticed the gang latched on to a �4.33 trade and turned it into a down trend, which if I was an mm would have given .100 for wasting my time. Still sitting here expecting the price to hit .34 shortly and then .5 which is where it should have moved to at least on our positive news flows . Gla
Regarding the usual suspects that are on this bb hour after hour who are De ramping on an industrial scale are not. In vested. Pointless exercise west Texas light . Is on the rise and so is our income regardless what they say. This will come good keep up the good work Celtic.
Slight rise again today for WTI $61.25 +0.26 +0.42% Yearly forecast for WTI $70 a barrel still
Indeed who can tell predator, if the slow drift down continues it will soon touch again the all time low of 0.138
Doesn't look like much of a drift down to me, pretty steady to be honest with the main body still sitting on the 0.175 support line. A playful trader spent �4.33 trying to convince us otherwise but pretty meaningless effort really. [IMG]http://i65.tinypic.com/2q9lahu.jpg[/IMG]