Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hopefully we are getting some new holders for the new story that is unfolding here. Our current portfolio of assets is barely included in the current mcap. And as Brainsparks says we have strong oil revenues from East Denver (8 wells currently and hopefully rising to 24 wells at some point) with the latest production figures highlighting that our 8 well decline rates are looking very positive. Our Board has massive skin in the game and a plan in place to provide back dividends in the future. Very derisked purchase at this price with huge upside IMO. For transparency I hold loads by my standards!!
This recent rise helping us churn through these placing shares. Just think what will happen when we get some of the expected news to drop and have left the churn behind...
Finally. This SP has been depressed for so long. Excited for the Zoetics news and hopeful following Fadec's post that we will see some movement at East Denver with True. Should power us back into the 30s I hope - been too long!
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ALBA&ArticleCode=36ua04hp&ArticleHeadline=Final_Results
Sounds like Horsehill going as planned, and still producing from the Portland until end of May and then new drills. Interesting if we are getting 2 tankers a day from Portland. That was my take on it though. Good few months incoming from UKOG and ANGS i hope!
I also meant in response to Boardsofuk... ITS NOT EFFIN AIM :)
Am i gonna say it Gallini or shall i let you .. hahaha!
Sentiment turning as the churn comes to an end and the sustained news flow starts. Really looking forward to the next few months. I'm gonna stick my neck out and say Tuesday morn RNS for Zoetics update.
Maybe he can leave here too, or at least start to do some effing work he is paid to do!
Yeah you were spot on to buy at 138p too!?! Jesus Christ. Encouraging people to sell now is utterly ridiculous. It's already stupidly undervalued, do you really need to see this go any lower. A few pence here or there won't matter in the coming months when we move back above the director buys at 60p.
Hands up who just took 6 lots of 100 000 shares for a bargain basement price? Jealous!
Said tapping up the market is the very last resort and he has said that on multiple occasions. Given the huge success of the last drill (DJENO hit!!) I would fully expect a much better result for shareholders than another placing. He has talked to super majors and I find a farmout or borrowings against a huge CPR to be much more likely than any placing. AAOG is extremely derisked for me and provides a stunning buy opportunity at this piddly MCAP IMO. I still remind myself of the dividends on offer here and potential for life changing returns.
agree to an extent with the funding issue. It HAS to be a point of timing and securing those funds as soon as was feasible. Must be major conversations going on in the background re an asset too good to turn down. That news has to come out in the not too distant future and hope that it is a very shrewd buy - it bloody needs to be with a raise at that pony price.
I keep adding when i can at these prices, big summer coming up imo
Stock - it most definitely can and i really hope it does. I bought more only last week and i'm really bullish about this stock both short and long term. I'm a genuine long standing holder and plan on holding a good percentage of my shares for a long long time.
haha cracked me up - meanwhile everyone else needs about 200% from here! If i didn't laugh i'd cry.
lets hope so, i've bought some more!!
Most of the retail market will have missed this - gap up AM IMO
All looks positive, lots of news to come including the big CPR, 11.90 print just in... we should all be enthusiastic about this share both short and long term. I am. Hold these shares tight IMO
Dear oh dear, how dare I be relatively positive on a share i'm invested in and continue to add in. If i didn't why would i be here...?! Maybe JJAL, ANTHA, FLASH or any of your "mates" lol, can explain?
Could be time to average up these bad boys for the rerate
Don't worry about them Lovejoy. My average is just over 20p, but i'm still very comfortable here. This was always a long term investment, and despite some hiccups along the way the latest strategy move, if delivered as i hope and expect, i'll be a very happy man. If you do some fag packet calcs on this new venture 2020 will be HUGE.