Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
People even hold any shares here when they cant do some simple maths. Fish - have a word with yourself and stop posting absolute nonsense and affecting this board negatively.
Thanks to the poster for correcting.
Furthermore when we get to 5000 bopd, assume 1500 is breakeven, we will be pulling in $100m a year before any tax, and deductables. Assuming conservatively even 50% overall deductions, $50m a year, x 8-10 PE, is $4-500m mcap.
£320-400m mcap, without FD and anything that happens there.
Also go and read my posts on COPL, before calling me a troll dumbass. I support Liverpool FC, they lost today away to Bournemouth, doesnt stop me calling them s*** after a 7-0 win against Utd. Support is unconditional, reality of performances are subject to truthful opinion so I can absolutely question Art and his decision (givem current predicament) as a shareholder, and I can do it here.
Right now something really stinks about this entire affair, for someone with O&G experience which Art has, and numerous examples of Oil companies shafted by BH, why even get involved with them. Its short sighted and all you are doing is basically saying, here is a legal way to f*** and manipulate our sp.
You lot are idiots if you think any statement without substance will steady the ship. Shares drop on contract announcement, see HARL recently, so unless finance sorted or anytjing substantial to report, better to stay quiet.
A price and prediction is point in time. 50p or whatever was predicted on the guise of a JV, cash injection and clear drlling plan as a consequence, that hasnt happened yet, once it does lets see where the SP goes and who is right or wrong.