Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It’s very interesting that the news from Aces bar has remained in a very tight circle.
Sources suggest great news and probably next Monday for publication.
The noise in Aces Bar is that the drill is successful.
Probably news towards the end of next week.
All very interesting developments todays, especially the QP news.
However, we are still quite a few days before the drill bit enters the first target zone. My sources tell me this weekend should be interesting, one way or the other.
Good luck to all holders.
Finished my holdings with a job lot at 68p yesterday. The s/p may go a little lower in the short term. All noise right now.
Hammerhead news will give the s/p a boost but we need oil on the shakers. If that happens on the first drill, I’d say you’d double your money on this bad boy.
Best high chance exploration well I have seen in a long time.
I suspect the s/p will track into the mid 60's in July.
The geology looks good. COS in the 40% + is unprecedended for an exploration well. Nearby discoveries. However, this is far from a slam dunk.
The Herd will arrive shortly and ramp/deramp.
I plan to take a position in the next few weeks.
Zama news totally outstanding.
Givingthelowdown 87p
SadAct 101p
Smut £1.03
colinfleming £1.04
Bladesman £1.05
TD £1.065
Mrd5432 £1.08
KaiSharp £1.0825
MrEMC2 £1.09
Withoutt £1.10
Hawkey £1.11
outofideas £1.12
Bright spot 113p
KARMAKANIX 114.5
Rookie £1.15
loofer 104.5
Ohmetoe 107.5
Lemarc 120p
olderman 124p
Should move above 100p by mid week.
I’d expect oil tighten and Brent to be above $75/bbl within a few months. PMO should benefit greatly.
I have read a few explanations of Goldman Sachs trades over the last month or so. However, I remain baffled as to why they continually sell and buy relatively small amounts of stock.
I would appreciate any light being focused on this. Thanks.
Take on this as you will .................
Rumors released on share placing and buying Chevron''s UK assets.
Share price drops. Buyers take a position.
Zama news. Share price goes up. Buyers take a profit.
Perhaps Premier does bid and win on Chevron UKs assets or some of them. Premier proposes an asset swap using Zama.
Premier gets UK Barrels with all the tax implications and removes Zama from its portfolio.
This share requires patience and balls of steel to hold through the volatility.
My view is that we will see a pound sooner rather than later.
STRONG BUY.
Could I suggest that it would be a very good idea to heavily invest in Premier tomorrow.
TD, in my view, has performed well. Sound purchases and good sales. He sorted out the debt which could very well have taken the company under.
POO will get sorted in the next few weeks.
Before too much longer we’ll be talking about two pounds again.
Bottom has been reached imo.
STRONG BUY
Huge upside to several main issues:
- Zama hydrocarbons in place. Big style if the prospect below Zama comes in.
- Catcher hydrocarbons in place.
- Toulmont hydrocarbons in place.
- Share price !!
Give Premier three months and I strongly believe the share price will be well over a pound again. This is a company with terrific assets and very strong fundamentals.
Patience is key but I believe the bottom is now reached and there is a double bagger from here.
STRONG BUY !!