Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Perhaps the water cut is under control so they are saving up to pay back the tally man first?
Somebody has just sold 43 shares for £1.35
Might be a silly question but why do people do that ? Is it some secret MM code?
Three options being considered....... all of which include the sidetrack drilling. No mention of PI wipeout or lack of funding, just pushing back the start date.
My glass is half full thank you very much
All IMHO and DYOR ..... GLA
Simple really, nobody wants to pay that much!
............Only problem is......... it was in May 2019!
How about
“An ‘orse, an ‘orse, my Kingdom for an ‘orse”
GHD - have you been licking windows again?
5p and I’m gone says my head...... but my heart says to hang on in there.
All these posters banging on about “prolific acreage” just cut and paste from previous posts. Half the time I don’t think they even know what “prolific” even means.
Output is decreasing and water cut is increasing... how can that imply prolific?
It doesnt matter how many acres we’ve got, we’ve only got the one sheep and he’s getting more and more poorly as the months tick by!
All IMHO of course, DYR and GLA
This share is just too depressing!
Oh no, POO down to $62.67!!!
Hur bound to collapse on Monday am.
We’re all doomed!!!
Lol
DYOR GLA
What are you guys smoking?
Nuff said
Nuff said
Exactly my point, only it is the CA fund unit price that the RNS is talking about when it mentions 6.6p. 6.6p of each 129p unit is attributable to their investment in HUR. This gets revalued each month based on the HUR SP. I was making the point that they aren’t averaging down.
If you multiply the number of fund units in the CA fund by 6.6p you get the MC of c11% of HUR on the Fund NAV Statement date.
All IMHO of course!
GLA DYOR
@keepwell
That figure has nothing to do with HUR SP. the 6.6p quoted represents the proportion of their fund unit price that is represented by their holdings in HUR at the NAV date. If you multiply the 6.6p by the number of units in their fund you get the value of c11% of HUR that they hold. This moves with the share price irrespective of them buying or selling as it is a function of the HUR SP. That’s why when the HUR SP dropped 30% in the month, their fund NAV unit price represented by HUR dropped from 9p to 6.6p. They didn’t average down, they just made a paper loss in the month.
Hope that makes sense?
GLA DYOR
@keepwell
.......Oh no it didn’t!
If you don’t understand the the monthly CA NAV report you shouldn’t make misleading and erroneous comments. CA are not in at an average of 6p.......period!
GLA DYOR
@slift
Ha ha ha CFO being very careful with his money!
IMHO, DYOR etc etc
Donato 84
CA are not in at 10.6p. The 10.6p is the percentage of their fund unit price that their investment in Hur represents. If you multiply their fund NAV by 10.6 and divide by the fund unit price you get 11% of the Hur market cap on the same day/ day before.
DYOR GLA
@Planted, what lottery numbers are you putting on this week?
@More4Less, gotta start posting some time.... It just happened to be last night. Hardly here 'all of a sudden', HE has been at this level for some time now. I was already in last time it went to 3.7p (then back down to the low 2's). I jumped in just after the Kitchen Sinking and I am in it for the long haul. If I lose money so be it but I have a gut feeling that I will do alright here. Had my fingers burnt before on penny shares so whilst I am not a soap box posting warrior, I am relatively street wise.
DYOR