Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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He just has a bucket list makes no claim to being a tipster,
Made both good and bad choices as many do
Malcy has been pumping this since the days we were 0.4p pre consolidation.... back then he was saying it would jump to 1p+..... which is nearer 20p in todays money
So i wouldnt rely too much on what he says if i were you....
https://aim-watch.com/articles/trading-suspensions-overview/
That's my understanding as well AA. I think you gave an example where such a suspension went on way beyond the 6 months. Hope it dose not come to that, but happy to be suspended right now myself.
They could also be delisted.
That's what happened over at leed resources when they couldn't implement
an investment within 6 months.
I'm still waiting on that one.
Is all I can say is the directors had better get a move on.
Aim rules say that if a company is suspended for longer than six months the security of the company will be cancelled from trading unless a extension has been granted,
We have around five weeks of the six months remaining,
"Worse thing was from 200 it went to 180 to 150 etc, and all the way down malcy still pumped it."
Very similar to a few on here MrBean. Malcy, like a lot of these "pundits" gets treated pretty well as when something he says seems to come true everyone remembers but when it does not happen you just have to keep waiting..... It is the same here.
What happens when this cannot be suspended any more? Not long now. Dilution again? I have said for three years that there is a risk the assets of this company will get "bought" (or whisked away in some way) for a song and I still have that fear.
Morning CP, it’s carnage out there, was looking at tullow now 36p. Remember trading that at over £2 not so long ago. Best we stay asleep until the market settles. If I was a betting man, I would put my money on the first week in April for the start of the fireworks.
The other being AEX, everything else was red.
Morning BD, my best performing stocks in my PF yesterday were SOLO, suspended and the other flat.
Says it all.
In turmoil. Times like this I feel lucky we are suspended.
Malcy is a pundit on the most speculative end of O&G stocks. Take the information and opinion and make your own mind up. No one can predict the future and in the case of Sound the Geology and drill bit told the truth in the end as it always will.
I don't have much truck for punters that blame others for their own investment decisions.
0p
I think what Joe is relating to is that people make investment decisions based on advice and foolishly or not, this can have a big impact. It is gambling all the same and when some experts, as on here tell you to pick the winning lottery numbers and they do not appear, critisicm is fair play, even when the experts tell us DYOR.
Absolutely NH...I stopped taking an ounce of notice of that clown after he pumped and bellowed from the rooftops what a magical management team Sound Energy where when they were at 80p...last look, they're sitting at 1.4p...great management team!
I wonder what 'Misinformation Malcy' got out of it?
Caddy sometimes shows little glimours of hope, mostly negative, but understandably so. You, burning, have never once said anything even vaguely positive. You are looking at a totally different company, strategy & management. We are yet to see how this works out, but give it a rest and wait and see.
Still this still current?
Quote - Stake in Ruvuma project in Tanzania up for sale
https://www.proactiveinvestors.co.uk/LON:SOLO/Solo-Oil-PLC/
Based on the FFD plans + the Power generation targets I posted yesterday, almost half that 20,000 BOEPD could come from Ruvuma if solo continue to hold 25%
depends if solo are relying on this to reach the 20,000 boepd that they projected?
This is true Cperkin. I've a feeling though that Solo may look to farm out their %, as others have mentioned maybe the Zubairs make an offer.
Shortly is the new "imminent" Joel ;) I assume if the licence lands "shortly" as well, then they will have to make full use of their new broker to facilitate the financing?
The Company also hopes to be able to shortly provide an update on its proposed reverse takeover transaction.
Well you have had long enough! About time.
GLA
At lease it getting people chatting on here and there
Hi all, am I by myself in reading this rns as yet more waffle to attempt to keep share holders happy
The way I read it is the Media is telling companies things are starting to improve in Tanzania not the government.
In my opinion it is still just as corrupt and run by incompetence as always. Just look at how long its taking for the
remedial work to be completed and also how difficult to get payment from them. Hope things improve
Yes! It is 8 years! I remember it well :)
That old data room was rammed....
The time frame is now only about 30 months to boards goal of becoming a mid cap production and exploration company. We are currently a very small company with some cash in the bank and assets that should come good but are worthless at the moment without the necessary licences etc.
The board will have to get there scates on if the mid cap status of the company is to be achieved in the desired timeframe.
Is it really 8 years since nr was in the farm out room waiting for potential farmees.