Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks for reposting Avi8r. Really enjoy reading Kickmuck’s posts. Very enlightening. I’m fully loaded and transferred shares successfully over to my wife’s ISA yesterday which I fully expect to reap the rewards from in the weeks ahead. As Pyro first coined, no-one fights over an empty box, and now Outrider at it too. Zaza, Levan and Steve will have this situation well locked down as we approach the 11th hour before massive shareholder value creation. Good to know they’re 100% aligned with us, and it’s their hard graft over 20 years and shareholder support over the same that should be rewarded, not the thieving, fraudulent activities of the leeches in society.
Hi Mole, thanks for taking the time to share your response. Very helpful as ever.
@Wanger18, no I wasn’t aware but will check it out today with HL. We’re both there so it may work. Many thanks
Ah ok. But my theory still stands. Welcome comments
Appleorgies for the typos... bloody phone
I noticed a couple of hefty £20k sells (2 x 5m), following a £10k sell. For the record the latter was mine. I’m transferring chunks out of my share account to then move into my wife’s ISA, fully debuting into FRR. As I can’t do a bed & IsA as it’s her ISA, there is a time lag, so but by bit it’s moving over. I did have a though about the bigger sells, and Kickmuck’s comment about planned transactions needing to go through. If one of the early service providers were, for instance Schlumberger, would any deal between FRR and say Exxon be predicated on any of their COMPETITORS being ‘out’ so as not to pass a potentially significant financial benefit over to an industry competitor. IMO these sales are not YA, as while they may have acted illegally, they’d be mad to extend their naked short position, with all the risks that entails. So, unwinding of service provider positions, taken originally as credit to FRR during the dark days, at this point in time is actually GOOD news. That is, a deal is sufficiently firm to ask the service providers to offload, for the deal to go through. What think guys?
Black Swan! Enroute.
Nothing is quite as satisfying to see shorters squirm. This share is moving back to where it was before the ILLEGAL naked shorting by YA and tipping off the shorter crew. Well done LSE if you acted on my, and many other posters, reporting Symorebottoms (LSE version) for the fraud that he was.
So, what changed... no new news at the shareholder meeting last week. Just Zaza, being straightforward, honest and emphatic in his reconfirmation of the facts he has communicated in RNSs. Remember, he DID NOT need to present to us on Thursday, and did not stand behind a bunch of PPT slides,,, just open and honest Q&A.
So, what did change? Confidence and alignment. He is in our boat, stands to gain or lose whichever way this goes. The box is not empty, its bloody overflowing with Oil & Gas, at global proportions, with 2 Super Majors in competition or aligning as to how they carve up the assets.
Either way, this is going ONLY ONE WAY and sub 1p will be seen as a bargain as a HUGE bargain. Enjoy the ride and ignore the idiots.
Sensible logic. I have to say that I regret missing the opportunity to ask Zaza directly if there would be serious consideration of a dividend payment for shareholders. Frankly, I think it is deserved after helping to carry the company through the dark days. 1p would be great and could be phased in some way, or confirm share buyback and future dividends to prevent new investors and stop the impact of the exodus when the SP gets over 1p
Fair enough Mole. Nothing prevents the odd dream/sleepless night.
Found it: Samotlor Field is the largest oil field of Russia and the sixth largest in the world, owned and operated by Rosneft. The field is located at Lake Samotlor in Nizhnevartovsk district, Khanty–Mansi Autonomous Okrug, Tyumen Oblast. It covers 1,752 square kilometres (676 sq mi). Year of current production of oil: 2013 Estimated oil in place: 4,000 million barrels (~5.5×10^8 t) Current production of oil: 332,782 barrels per day
Does anyone know the name and value of Russia’s largest oil field? Very interested because Zaza intimated that what the majors were looking at in Taribani/MK - and Had said as much - EXCEEDED the largest Rusky field. Bring it on! черный лебедь в полете
* puddles of oil - that is!
Nothing odd RJB. The super majors literally have SUPER COMPUTERS and take FRR EWT data and plug it in to their models. They predict the the scale of the reserves, flow dynamics etc etc. ZAZA confirmed the super majors have fed back that by their calcs, the recoverable asset is greater than NSA's CPR and FRR's own estimates... AND their estimates are that the input cost will be less than we predicted... no wonder they're all over Block 12. This is a global O&G play, literally under our feet. As Wishfulthinker will attest when he literally walked through puddles that had seeped to the surface, during our intrepid friends visit last year.
Agree with that observation Olly. Frankly, this looking extremely positive and I think Zaza went out of his way to re-engage us and give as clear a message as he could - “get in now, or you miss the boat”... remember given how busy they are, both swamped in the field with techies from the 2 super majors and in the headquarters with the commercial discussions (like US conference call at 10pm last night), taking time for this Q&A was amazing... he didn’t need to do it, but did. Speaks volumes to his integrity.
If I wasn’t as full in - literally 100% - and have checked the sofa, I would be piling in.
Hey Symore - your game has been exposed. F u and enjoy the ride. Laughing all the way to bank, but sincerely hope you find a buyer soon for your home. Never felt better here!!! Best.
Damn right B20. Bloody amazing!!!!!!
LSE - where are you??? This guy (LSE based symorebottoms) is a fraud and you do nothing. Get a grip!
Tsbs, thanks for that. Made me smile. Btw, just ticked you up!! Every little counts :-)
As we know symorebottoms on this board is a fraud, maliciously using the handle of a well known and respected LTH on III. I suspect his sarcastic posts to big up the anticipation of new news before tomorrow’s shareholder meeting is an orchestrated shorter play to entice buyers now, then on the possibility of no new news, open the door for his shorter jailmates to land en mass, open their shorts and hammer the boards.
This was their ploy and MO after TW got their tip off from YA that they were opening their naked short at 0.35ish. This board and others were hit with an avalanche of negativity. Zaza rightly called out YA for this illegal act, of forward selling shares they did not have between 28th and 30th
I liked Zib’s post at that time naming the fraudulent shorter co-conspirators, which I will repeat here: from Zib - soss, Meadows, Gourock, Cashout, Rich3648, Westcough , Davewin, Lemonade, Wolfiecrf, Blacksheeptrader, gaf11, David1951c, ringworm, sources and of course symorebottoms (the LSE version).
So if I were Zaza I’d personally time any material new news until AFTER the shareholder meeting, at the time these guys have opened their shorts and are in full swing with their negative bile. Then Suspend the share and reopen north of 3p on a B12 JV or sale. IMO guys (shorters) please fill your boots, as your manipulation is now well documented, your behaviour anticipated and I sincerely hope you enjoy the smell of something burning… and lose your homes in the process, just as you’ve conspired to damage the had earned wealth of true investors over recent years.
Let’s see who turns up in the days ahead shall we! Symorebottoms has already said he can’t make the meeting due to work commitments - funny that.
If Carlsberg did shares - Zaza please make it so.
🦆🦆🦆🦅🦅🦅