Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Flying horse can companies go 10 bagger on a takeover? You know of any examples where that's happened before?
I thought they would pay a premium on the current share price , say between 1.8 - 2.2 times the current share price.
Oil is the only thing these countries have going for them and they have a 10 year window (at best) to make something of it. The Saudis know this that's why they floated to diversify and they are way ahead of Kurdistan when it comes to reinvesting and building their country up.
The Kurds should be desperate to have USA biggies come and take over.
- Historically all pandemics have been followed by periods of prosperity where stocks went to unrealistic highs
- All the pent up demand from westerners wanting to go on holiday
- All the money that is being printed and will have to be printed to make up huge deficits ( Money was backed by gold in the 1920s)
- All the cash the banks have waiting to land on stocks
I think those prices are too low. With improving political situation GKP should be £3 - £3.50 by Oct/Nov
If Shaikan is a proven oil field why hasn't GKP been taken over yet? The Chinese oil deal with Iraq fell through and they need to get oil another way, CNPC have been in Shaikan studying it so why aren't they acquiring stock?
70 was too high considering were still in lockdown, but what's it going to be when we start seeing planes back in the sky?
https://m.youtube.com/watch?v=5tYeEdSgbxo
From 13th Jan to 21st Jan the share price remained stagnant after a nice rise. Could it be simply that traders were just taking profits and the drop off in price triggered more sells? We are still in Janurary so plenty more time for this to go up in 2021 for the long term holders.