Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The rig is contracted from 15th July for a period of 6 months. That is the date from which the rig is operational, is at site, and prepared for drilling. Seems some people got a little carried away by all that weekend sunshine and afternoon wine.
Wonderer the information supplied is actually from WWW. Grosstonnage.com whose site closed down in 2015. False information ?
Is in Nigeria... http://maritime-connector.com/ship/coslpower-8768141/
What do you value a cash shell BP and Schlumberger partnered company that is currently drilling in a World class basin with strong government relations?
Booooooooom time.
Once on site...
All the information is already in the public domain. SRSP via COSL, have hired a rig. It will get to the location and then start drilling. When you consider the cost per day of these rigs I cant see them just sitting there, was on site. AIMO folks.
DRILLING :)))))))
According to the company Rigzone, who track all rigs. The COSL Power, is in "Africa - West". Current Status: DRILLING. Contracted: YES. From that info I would expect news at 7 am.
Sound's to me the ones who sold last week thought the price was going to drop, what did drop over the weekend was the RIG. Everyone will be buying back in which will hopefully push the price back up, ThIs coming trading week should be an interesting one to say the least. Suspension looming (No One will want to be locked out of this one). Fingers crossed they suspend at 8am. LMFAO!!!
Have I missed something that's happened over the weekend
I wasn't out of this over the weekend !
If this comes off, does anyone have a realistic price to where the SP might rise to, hard to predict on Aim, I know. 2.5p maybe
Try a different kind of crack.
It's not good for a share.
Yes IMO they would but only if drilling has really started. So many contradictions to that on various boards.
Surely they will have to release an RNS first thing tomorrow morning if they have started drilling over the weekend.
I can not find any info . Whish it was true as it would catch the shorters with there nickers down . But I feel they will still be wherein them in the morning ;)
RNS will be before suspension to announce suspension
Massive gain in the morning, followed by suspension then an rns
As stated already, the COSL "Power" is drilling. According to the company, Rigzone. Make of it what you wish.
Good luck with that strategy!
" De Rampers all over it looking for a cheap entry price. Great week ahead." And Rampers looking for a good exit point ! Lets wait for official confirmation
None of those websites can be 100% relied upon. Which company is it taking its info from ? Please supply the link which states so.
Not a de-ramper but until it's confirmed by the company I'm going to take it with a pinch of salt for now. Hopefully first Monday it's confirmed