Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Gdt.mdt- yes I’m a concerned investor as I’m down on my capital. With regards to my posts telling people not to invest here, now tell me if I was wrong? If anyone did listen to me then they will be grateful they are not sitting on a loss right now.
On the other hand if someone had gone along with your advice, where would they be now? They would be nursing a hefty loss, so that goes to show whoose posts have been realistic and helpful, and who has been bluffing for their own selfish gain.
Gdt.mdt- get back under your shell mate you looser
Mikes yes there’s a few serial rampers on here, as there are derampers. Terrier and LB28 still haven’t cottoned onto what is going on here, and therefore still ramping blindly.
If 38 yields bad results then this share is toast from the current sp.
Djm1- no I did not think this was a 100% easy money, however I invested in the back of information given by the BOdwhich we now know was all fiction, so much so that they even withheld price sensitive information from the market. Don’t you think if they had a bit more transparent and allowed people to make a more informed decision? Some people could have perhaps decided they were not going to edit around for all 5 drills and moved on, but they chose to the release this info when the sp was already getting hammered.
You’re just a ramper or gambler more like who just hopes for the best, rather than make any decision based on facts.
Yes Paul Haywood does need to be sacked as his behaviour amounts to gross misconduct as far as I’m concerned
Terrier- as you know so much about oil, yet you have consistently been wrong on your assessment about this share. You’re nothing more than a gambler.
Djm1- it was mentioned in the ops update but it didn’t state they had sold it, merely that they anticipate it will generate $300,000 when sold. It’s useless having the oil sitting there as there is a cost associated with production, transportation and storage. They should have had a sale by now.
See the wording below
“Since testing began, the well has produced more than 9,000 bbls of light, sweet crude oil, which at US$65/bbl Brent provides an anticipated US$300,000 net to the Company, a quarter of the original drilling cost.
Not have any sales??? The stored oil is useless until it is monetised. The behaviour of this company is becoming very concerning.
RBTrader they implied it would increase by suggestesting the flow rates would increase gradually. They also deliberately withheld information from investors as they have known about this problem for some time.
I have lost full faith in this company now and will cash out with a minimal loss. How many more times are they going to put a spin on things?
The BOD continue to blatantly lie and withhold information from shareholders. This company seems to be getting towards failure rather quickly. We were told by the chairman that the production from 16az was being increased gradually as part of the clenup, yet in reality it has reduced more than 20%.
Not long before they use the £12m and maybe move focus on copper exploration.
Paul Gaywood , you are just a pathetic liar who has duped people of their hard money, whilst you line your pockets handiness.
Hillybilly- regardless of this ring a 2 year hold or not, the company still needs to keep shareholders informed. Otherwise how can you conclude whether this is indeed a 2 year hold or not?
V111JAS- remind me where I said I sold out? Get your facts right before you speak. If you had done this then you’d have known I need 13p just to break even. As to why it bothers me, I’m 50% down on my investment which is more than enough to be bothered.
This share has proven to be useless. This new rig has so far cost us $48000 this month with no spud date. I’m sorry but that’s just simple incompetence which this bod price they are time and time again.
Still no update on 16az or any contract negotiations. Typical aim con.
I’ve refrained from posting here on a while hoping on some development, but it seems nothing has changed.
Still no update on 16 or 38 or sales contracts etc and the business continues to burn through cash
We have paid $46000 this month for a rig and we have no idea if it’s even been used. This is starting to appear like another AIM con
Would be interesting to see what happens to the stock price for small oilies such as BLOE. I’m expecting the SP for the big boys to jump obviously if it dies hit $80.
Aren’t we all. I think it’s safe to say that the only shareholders that happy with PH at present are those that bought in extremely low and GOG.
GOG are making a killing with all those share warrants, the recent rig contract and leased storage space which has yet to show any return.
For a company that has taken £19m from the market, this is unacceptable behaviour.
Malcy does not get right all the time as there are many examples that he recommended that went on to fail. Guys the interview might be helpful but the fact that we need a RNS needs to sink in to some people. I bet any mention of 16az flow rate will be non existant or along the lines of “being bought online cautiously”
See interesting post on zmalcys recommendation on the solo board today:
“Malcy repeatedly reiterated that PANR is worth some 400p for many double digit months, whilst itdropped and dropped... 200p to 16p is a huge decrease in value, only after it lost 85% of its value did he say "well, ive had to take this one off the bucket list"...
And BTW PANR Is not the only stock he has hyped into the ground, if you want more I can post them?
All I am doing is warning people to take his "Commentary" with a pinch of salt... Hes useless and probably paid to write such articles.”
Hepseal- I agree there is an element of doubt with any share, however this is not reflected in people’s post as Mike has already pointed out.
You can’t promote this as a strong buy at 15p yet at the same time use the opportunity to get your investment back. If you do then it shows you have some concerns about the company and should say so, but do you see this happening on here.
Again as Mike says how many people who apparently see this as a “long term investment”, have actually been selling along the way.
The only difference is some have left their profits to ride out whereas others may have cashed out their profits in full. The former loose nothing even if this goes to 0.
Rbtrader- yes it is so you agree this is just a binary bet just like any other stock. However you’re missing the point if you regards to AJW, if you read his posts they are all full of ramping and that this share is only going up etcccc...
He does not want to hear anything bad about this share and calls you a dersmper etc when you point out any flaws.
If you were that confident about something you would not cash out your initial stake. If you Derick your investment it implies you still have an element of doubt.
There you go all this ramping is from someone who has none of his own money invested here. AJW is still sitting on a profit even at this price, so has nothing to loose even if this halves again. If you are so confident about this share, why would you cash out your initial stake st the earliest opportunity?
AJames- so according to you I’m here to silence the positives? I can assure you that’s not the case especially when I need this to double just to break even never mind mate a profit. At the moment the company has not given anyone anything positive to talk about.