Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And a 315 000 buy at 55p! Nice!
Time to wish away the long weekend ha! : )
Someone feeling punty! Oh and before someone tells me it's a sell, that seems to be the highest price of any trade paid today...
We shall see - maybe that wording is a little rampy, but we don't have long to find out.
This...
"This has resulted in outline terms being agreed on a new multi-State distribution agreement to place Chill brand products in US convenience stores, which is expected to be signed this quarter."
and this...
"The Board has commenced negotiations for distribution of the Chill brand in two overseas markets, in addition to others within the USA, and hopes to conclude further significant distribution contracts during the first quarter of the current financial year."
Suggests massive short term news, that will be transformational for this company and we can be done with the demons of the past forever.
And yes i'm invested and talking positively about my investment as per the RNS releases... and you are here talking it down why exactly?
"if they hadn't of got that deal done we would have been looking at a placing." But they did get that deal and our main distributor put in over £1M pounds at 5p a share in this current environment! For me that's a huge buy signal on it's own fot he potential here.
The last management was a joke with HNR and many of us were duped, but they are gone and sadly we have to continually deal with that tarnished brush, but O&G will be completely disposed of soon, and hopefully people look forward rather than constantly bleating on about the past.
"NT did nothing of note". Jesus Christ, that bloke saved this business quite frankly, and anyone who has tried the CBD products are fully aware of what has been created here in a short time frame - they are fantastic. Without Covid-19 we'd be in a great spot, but sadly it's here and we are working through it.
Seeds are a commodity and we have loads of them - we are into the window for these to sell now, so let's see what happens in the next few weeks, but right now any revenue in from them will be a real bonus given the wider environment.
Regardless of this right now the key is the Chill brand, and i fully expect to see these deals to be signed in the coming weeks. It's there in black and white in the RNS. So for me this is a huge buying opp, below the Schraders price with plenty of derampers banging on about the same old cr4p from the HNR days who fail to see how different this business is. Oh and director remuneration is very conservative and they are hugely invested personally in the business, again a view taken from the past and placed into the present.
New investors need to read the RNS, see who is invested and join up the dots (and maybe try the products too!). It's not difficult. Multi-bag by August IMO.
Bought more yesterday. Massive value from these levels with improved flow rates and interesting to see Canaccord willing to risk that level of cash in this. I think this is the bottom. Buy and Hold.
It's not dilution in the usual sense of the word, although people with an agenda to see the price fall, will of course push it that way. Shareholder's seeing this as a longer term investment will be very pleased with the equity news.
You have your main distributor ploughing in cash into the company in the way of warrants when the external environment is awful which provides hug confidence and a safety net for the company as a whole. And today we have news that was already known but nice to have 2 key personnel from the early beginnings of our CBD business now aligned to shareholders and the comments they make provide further confidence in the business moving forward.
Beat Covid-19 and we will see this company on a fantastic trajectory to massive shareholder returns imo.
I'm as disgusted as the next man with this salary and i'll be letting UKOG know of my displeasure. But as shareholder's (those of us in here lol - not trolls/shorts etc) it's important to keep a calm head and remember where we are at. We are on the cusp of good things, and will be very undervalued when Horsehill is fully up and running, and reserved based lending arrives to stop this share dilution.
I hope those of you like me, who are down on paper a great deal, can keep the faith and see the bigger picture, regardless of the grossly inflated salary SS has received this year. He needs to put his hand in his pocket and align himself with shareholders, and not just poxy options. But he is a serious oil man and he will create a serious oil company. Progression will be exponential from here IMO.
Yep - it's fantastic news!
Our largest distributor has just put nearly 1.2million pounds into the company, even with Covid -19 destroying things in the short term. It also means the terrible previous CEO no longer has any hold on us. It's great news for shareholders, not so much for the trolls shorting this on here! shame.
Nothing like Broadford Bridge. Even with all the sludge and clean up initial average daily rate was 223 bopd of dry oil. This will be significantly higher in coming weeks and given the possible downside we were facing of a totally screwed up well from water ingress, i can see why SS is sounding like a relieved and happy man. More knowledge, more data and hopefully a few more HH wells to come. Let's see what the next few weeks bring but 500+ still a possibility, maybe a lot more with the right interventions. I'm actually quite relieved, if not jumping off the walls!
Seems like a good time to buy if you believe in the ability of SS and Haliburton to sort this routine fix out. Those on the sidelines will now hopefully consider buying their shares back. Topped up another 156k shares for the inevitable re-rate next week! Good luck guys!
Trading update RNS : "Retail prices for both products will remain in the sub-US$10 range and Zoetic will sell to the distributors at around half of that price. Depending on volumes, the Company expects to earn around a 50% gross margin. "
Margin too low... 50%?! That is a huge margin.
Get back to the Bridge club with the other silly old todgers!
okay, that's it one more top up! no more. (maybe... ha!)
Bargain down here - if HH2z fix is as routine as they say. Could be any day now
hmmm - I was really clever and averaged down on UKOG FFS! Might be able to scrimp a few pennies together - what's the impending news - reckon close to an actual sale then?
well done guys - this is mental. Sold all mine for 3.5p before xmas. Silly silly boy.
SS is looking at the bigger picture. There is absolutely no doubt the shares issued are hurting the SP right now, but it is all part of growing the company and it's stake for its mid-cap status to come. SS has shown huge confidence to buy Horsehill up and he must really believe in the geology and what is coming here further down the line.
Troll s bang on about Stephen Sharecoin and whatever and taking a giant salary and treating PIs like mugs, but this for me is a non-argument. If SS wanted to just take his huge salary and issue shares to fund this, why an earth would he take these huge swings in buying up swathes of the Weald and beyond. It just doesn't make sense. If he was trying to screw over PIs he would be playing a much safer game. He is not stupid. Not even slightly.
I fully trust SS here and he is going to make this company huge. Hopefully not too much more short term pain - RBL is just around the corner with just some modest success of HH-1 and HH2z. Kimmeridge will take this stratospheric in the not too distant future. Hold your nerve and remember what the bigger picture is. IMO.
They are there mate - just search Zoetic, they have the full range as well as the gummies. Good news
Looks like the fix is coming guys! Thanks to FOTH Boom.
Wow. £7.8 million net cash - last 4 months of 2019 break even makes for a very positive start to 2020 and an mcap of only £5Mish. Strong buy!