Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sorry, but just to finish my 'Rant' I have a small fortune (a mortgage to some) invested in TRP .. to see my investment dwindle because of a stubborn, nervous CEO..my confidence is now wearing thin.
I'll be quiet now , for a while.. :)
ATB
Lol... Maybe it's time for me to cut my losses and possibly give Rolf and Rocco an email with regards to the potential huge profits from NJOM-3 well/Cameroon campaign.
By the way, the only 'fence' that's stopping us is commitment is financing...which currently JA can't or won't.
It's common knowledge that O&G workers are exempt from 'Covid self-isolation'.
So WTF are we not moving things forward?
Take ORR for example, they are working in country, have set-up camps, onshore drilling sites etc. "Following minor COVID-19-related border restrictions..." They are working..
FFS... Offshore personnel don't even have to set foot in Cameroon, they could transit on their vessels or chopper out of any local country.
ATB
ATB
Well I'd never believed MNRG would've been a bonified O&G producer (albeit very small) before TRP..
Kind of makes me now question my faith in JA/TRP... Unless 'New Age' have more ambition to actually make money, I fear JA will troll along attending conferences etc..with huge 'potential' opportunities...but he seems unwilling to commit.
Possibly, we really need new leadership, but I can't see that happening with his percentage of holding in the company.
ATB
Hartlepool.. Your team are on a great run! :)
MNRG/BritNRG will be the one to watch in 2021.. Now a bonified O&G producer which opens many doors (especially with now having the go ahead with UK Authorities etc.. in their back pocket). This will give them so much more leverage with future O&G acquisitions Nationally and International.
Also the once the pandemic calms down and the jabs are dished out , MNRG will focus on Goldridge and hopefully the Uranium project in Kyrgyzstan..now that would really propel the company to a higher 'Main Market' level.
All good in my book... :)
Once my 'other' shares come good, profits will be piled in here :) .... Lol... and happy to average UP!
ATB
Video posted by 'ShareTalk'... along with the RNS Released (Friday 15th Jan), makes very interesting reading/viewing.
Comments from Rocco: "The acquisition (Whisby Field) is strategic to MNRG , we are looking at this as a stepping stone to acquire more assets in UK and internationally"
Indeed the Romania deal could still be on the table, with respect to 'International Acquisitions' :)
ATB.
https://twitter.com/i/status/1350026689011658755
https://polaris.brighterir.com/public/metalnrg/news/rns/story/w1j1v4w/export
Absolute shambles again!
We get a good RNS and they don't post it.
Out of all of my watchlist (circa 100+) only one KMR has its RNS posted..
Is it just me that's not getting the 'red dot'.. or are others the same?
ATB
Absolute shambles again!
We get a good RNS and they don't post it.
Out of all of my watchlist (circa 100+) only one KMR has its RNS posted..
Is it just me that's not getting the 'red dot'.. or others the same? (PS: just 'like' if so, as I wouldn't like to 'push' the other gratefully received posts off the board).
ATB
Fantastic news (RNS)!.
Now we are a bonafide O&G 'E&P', perhaps this might be the key to unlock/enhance negotiations with the Romanian O&G authorities.. if that deal is still on the table?
ATB
Only circa 7M unreported trades today.
Would this mean 'at last' the MM's have eventually (or near) exhausted their pot of shares (which over the last few months) have been released in 'dribs n drabs' (e.g. in ridiculously small trades)?
Can anyone with more experience explain the 'warrants' traded in the market?.. Do they have to be registered as a 'buy' or 'sell' ??
Thanks.
ATB
Looking for positives and reading 'between the lines', perhaps Duncan Rushworth has secured the remaining funds for the drilling campaign, after all;
"The purpose of the Shard Facility, Pegasus Extension and the Subscription is to cover working capital while the Company finalises funding arrangements for the drilling of the NJOM3 well on the Thali licence as highlighted in the Company's 20 August 2020 announcement".
Also, we now know ALL equipment including 'long-lead' items ARE still in Cameroon and have NOT been returned to their respective vendors.
Perhaps even the ' Drilling Rig' contact may have been secured.
Hopefully we just need the 'green light' from Covid/vaccines.
ATB
Phew.. wasn't looking forward to circa 500% dilution on my holding anyway!
Onwards and upwards.. plenty more projects to look forward to ;)
ATB
Re: my post...unless the Norwegian rig operators (although Chinese owned...IMO) are nervous due to Covid...
If so, once the 'vaccine' is in circulation we (the world) will be back to normal oil consumption status... Oil/Gas will be in huge demand....then we will all be 'happy bunnys'.. Hold firm folks... only a few days or so to go until we can rejoice! ;)
ATB
Agreed 'Holly' but they are keeping unusually 'tight lipped'..,there must be something 'massive' that they are not willing to disclose at the moment... So for me it's a 'Hold' just now....we will see what happens with GBP (If they get a 'farm-in') then it's all a goer..(with respect to Namibia).....but saying that Cameroon should be on the table first...as ALL the equipment is there and available... I really can't see the issue with progessing with NJOM-3..?
ATB