Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can anyone work out whether these late trades are buys/sells?
15-Mar-21 09:15:49 0.345 100,000,000 Unknown* 0.35 0.355 345.00k
15-Mar-21 14:52:29 0.349 15,000,000 Unknown* 0.35 0.355 52.34k
15-Mar-21 09:41:00 0.350 50,000,000 Unknown* 0.35 0.355 175.10k
15-Mar-21 08:54:39 0.349 13,529,819 Unknown* 0.35 0.355 47.19k
15-Mar-21 09:41:00 0.350 50,000,000 Unknown* 0.35 0.355 175.10k
15-Mar-21 09:41:00 0.350 50,000,000 Unknown* 0.35 0.355 175.07k
15-Mar-21 09:41:00 0.350 50,000,000 Unknown* 0.35 0.355 175.07k
Got bored so took a look back at the meaningful RNS releases since Jan 2020 to see if there was any pattern, answer - no there isn't really. Just an FYI this is completely useless information here,. Just pointing out, don't get set that it will be released on a particular day :)
Total 33 RNS
Monday AM - x7
Monday PM - x1
Tuesday AM - x8
Tuesday PM - x1
Wednesday AM - x5
Thursday AM - x5
Thursday PM - x1
Friday AM - x4
Friday PM - x1
Slightly wrong on your last point
Net Asset Valuation: (80% P2 Reserves of $185 million (10% NPV)) at $39/bbl. WTI
- Assumed market capitalization post completion: $109 million (£75 million)
Net Asset Valuation: (80% P2 Reserves of $308 million (10% NPV)) at c. $62/bbl. WTI
- Assumed market capitalization post completion: $205 million (£146 million)
The price of oil has gone up dramatically since the initial talks of this acquisition.
Taken from COPL slides:
Net Asset Valuation: (80% P2 Reserves of $185 million (10% NPV)) at $39/bbl. WTI
• $148 million
• Initial Debt: $41 million
• Assumed market capitalization post completion: $109 million (£75 million)
Approximate Increase in Net Asset Value from 60% Increase in Oil Price
Net Asset Valuation: (80% P2 Reserves of $308 million (10% NPV)) at c. $62/bbl. WTI
• $246 million
• Initial Debt: $41 million
• Assumed market capitalization post completion: $205 million (£146 million)
Not sure if this has been posted before, but just stumbled across this:
http://www.canoverseas.com/wp-content/uploads/2021/02/COPL-Atomic-Corporate-Acquisition-Presentation-02-21.pdf