Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Gonna have to top up on this before new year and March.
the C-suite really cleaned up this company.
Dont know if theres going to be M&A. Either way its nice to have the debt paid down aggressively.
I'll be kicking myself if the share turns south and I dont buy. Gonna keep some cash for that too.
Its a messy share.
I wonder if HBR is worth anything.
Everything is there, assets, reserves, infrastructure but its just not reflected in the price.
I wonder how will the hike in gas will affect the bottom line.
Hopefully by March we should be down to $2bn in debt and comfortably in profit.
I wonder if we get a dividend then.
I would rather have the C-suite purchase some assets.
Cant wait for the overhang on this thing to be done and over.
This thing looks like a disaster. what is going on with this share
nah this thing stinks badly.... all youre left with is just a shell of a company...
assets are being taken care of by another company
This thing stinks.
Sell sell
Well Im firmly behind NOFEAR.
This thing has huge upside but again the big players want this thing and waiting for weak hands to relinquish their shares.
A lot of the big players are behind the energy play.
Any form of recovery will require companies like HBR and especially like HBR,
HBR is woefully undervalued by vritue of its production output.
Also, I do think that HBR is complicit with the big players.HBR initial investors have a huge position so this thing will rocket up once the lock in period is up but only marginally.
THe big players will only announce once they are entrenched in a good position so their position is pushed up.
Do I think HBR is undervalued, heck yes.
Do I think we will see 400-600 price, heck yes
Do I think we will see HBR beyond 600, I most certainly think so, long term.
We are in a weird market, and the big players need safe assets to hold over 10 years.
HBR is one of those market operators.
Make no mistakes, there is a game being played and the BoD some of whom are from Shell, and from experience Shell play the long game and is the only reason why I favored HBR over Tullow. I have topped up in the recent lows and will continue to do so.
As an afterthought, I do need to make some more popcorn, sit back and watch this thing play out.
Hey everyone.
Interesting price from channel4.
I highly recommend watching this as oil and companies like HBR have a bigger place in energy security than we thought.
https://www.youtube.com/watch?v=xmApON9zjyE
Wow, a lot of drama on here.... seems like I missed a lot.
Had my popcorn and all.
You guys are all knees and elbows. You play too rough.
Any way, I'd like to remind everyone to keep some semblance of decorum. This is a money-oriented chat forum. If kathy and Suzzy arent getting along, please keep it out of the forum.
Everyone is here to make money, so do me a favor girls, if you have any financial or events related announcements feel free, otherwise, go pull each other's pigtails and keep the chat clear of this nonsense.
DYOR
bensi
Did any of you guys actually crunch the numbers.
23% (5% old share holders and 18% PMO creditors ) of the shares are old PMO guys
- production output of 45k but down from 70k
the rest is Chryssy and the gang with production output of 130k
assuming we go by the old PMO share price
30p * 0.23 = 6.9p * 4 (because prod output for PMO is quarter of HBR) = 27.6p (in old money)
With the overhang and no dividend no one wants to come in yet.
The company is worth it you just may have to endure some pain before you see anything.
Also PMO cost of production i think is lower than chryssy and the gang.
DYOR but I think im going to stick and top up at 15p and at 12.5p if it gets there.
If OPEC floods the market then Im all in
This thing wont move until the dividends are announced and it will taper down to £3.50 and hover there. Unfortunately or fortunately HBR Management are focusing on paying down the debt.
Come September, there will be a third more shares come online.
Its a strange time to be invested in the markets.
@rockylee thats pretty decent. This thing will go down but I think this next month will hit a permanent floor.
Im gonna be buying when it nears 17p (449p) but I doubt the downdraft will continue past end of next month.
Too much panic here but Im good to buy at 17p.
DYOR