Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
oil and gas price is irrelevant as i keep saying and unsure why peeps are fascinated with it. Just wait for the next drill and see what the market thinks of bloe and ph, everything else irrelevant. hence why we are no debt, loads of oil, surging oil and gas prices and 1 pence sp. Discuss.
The oil and gas price has no reflection on the SP as seen by oil price doubling and SP tanking. If we prove we have more oil and gas that will help but at present it makes no difference. Oil goes up every day but bloe sp goes down. Go figure.
Can I remind you that the SP is at an all time low whilst oil is at an all time high with PH saying zilch. No reason why bloe shouldnt be 5 pence plus at present. But it isnt. If the oil price was 200 dollars a barrel the sp would still be static but no-one but me asking why ? War not an issue as war only days old and bloe been in decline for a year. Maybe PH will deem us important enough to speak soon ?
I dont find it remarkable at all, Many forget the sp has been tanking for ages and the war is only 10 days in. The asset is nearly double its lowest point and the sp has fallen. Also the asset could go up-to 200 dollars a barrel and we have lots of oil and yet the sp goes down and the bod say nothing. Very odd to me. At this rate there is an argument to you vote for a total sell out if they wont get rid of PH and a sell out at anything over 5 pence would be great at present. And for those naysayers just wait until oil is 130 dollars a barrel next week and our sp slides further. At some point many need to wake up and shout for ph to go. Albatross that fella.
Its irrelevant to bloe what the price of oil is. Look back and see when oil was 65 dollars a barrel and now its 115 dollars and SP gone down. Wouldnt matter if it was 200 dollars as sp doesnt move and about time people asked the bod why ? as if we didnt know.
I just think the company has an excellent future ahead of it that will come with time irrespective of whether ph is here or not but as a bod why would you keep him and string it out when he has failure and story telling glued to him and changing him would spring us forwards.