Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Quite a feather in Haydale's cap to get an industry giant such as Petronas on board!! Surely it can't be too long before the sp starts heading north significantly once more...?
GLA!! :-)
...am working on basis that han**** will deliver in 2024, and have been happily gathering from 0.189p upwards this morning... (especially since the ceo apparently bought 12,500,000 earlier at 0.2p! :-o)
gla!!
dyor...
Good positive RNS this morning - I wonder how large the potential market is for these systems...?
GLA!! :-)
This RNS represents solid progress on just about every front, the most important ones being the good news regarding all the key regulatory and analytical hurdles, ie. the GSA, the FDP, and the completion of 3D Seismic data processing.
Good news all round here then I would say - the few minor timetable tweaks mentioned in this RNS apparently aren't forecast to have any impact on the 12 month improvement to time to first production...
GLA!! :-)
A little bit of momentum in the sp today - possible positive product RNS on the way perhaps...?
GLA...!! :-)
So having got involved in volume with VRS at 1.23p a few days ago it's fair to say I've certainly had worse experiences with shares, however I'm also sincerely hoping they can drag the other notable UK graphene company, Haydale (HAYD), kicking & screaming up with them as am invested there too...
GLA!! :-)
...into Haydale methinks. They have a strong and diverse product range and expertise...
GLA!!
Interesting that the leader text in the Shard report includes the phrase: "...will see the company become a producer..." which to me implies they'll be putting boots on the ground again. I haven't read the full report yet though, so may have misunderstood...
GLA!! :-)
The market cap of this company is ridiculously low at the moment. I compare it to my other graphene investment, Haydale, and wonder how it can have a smaller market cap than them (also a v interesting company btw) when you look at the relative sizes of their assets...??
GLA!! :-)
Biggest cash figures I've seen quoted yet in a Haydale RNS - just a shame it's not all coming Haydale's way...! :-) Nevertheless, a significant step in the right direction...
GLA!!
Good to see what appears to be a 4,000,000 purchase to start the day - here's hoping there's still a bit of life in this particular dog...
GLA!!
Even more interesting on that new PURA website Haggis: If you go to the dedicated Partners page at https://www.pura.go.tz/sponsor-links the very top one in the list is Ndovu Resources Limited - which of course is the Tanzanian trading name of Aminex! (Sadly the link is incorrect at the moment - goes to a Dun & Bradstreet website, not Ndovu/Aminex, but hopefully at least it shows intent, as they definitely didn't appear on the previous version of the website!)
As far as I'm aware (please correct me if I'm wrong) Scirocco still own 1.59% of HE1 (which I think they purchased at 2p and is currently approx 6.3p & worth approx. £820,000 at that sp) and 8.39% of Aminex's Kiliwani North 1 well (which presumably still has some value), in addition to the 25% of Ruvuma which they're currently in the process of selling to APT.
If they're really in the financial mess that some people on here seem to think they are, it seems odd to me that they're not apparently actively trying to sell these additional assets...? Or maybe I'm missing something here...?
GLA...!!
Good to see a bit of positivity in the sp at long last! :-)
GLA!!
Another very positive RNS, and another product "string" to Haydale's bow. Here's hoping these things start to have a sustained positive impact on the sp at some point...
GLA!!
The key passage for me is...
"The results of the initial 3D seismic processing and interpretation, to optimise the target location of the CH-1 well at the Cretaceous reservoir level, will be available by mid-March. Following a review by the Operator, the CH-1 well will no longer target the lower Jurassic zone. The processing of the seismic data is more than 80% complete."
...which to me says the delay to CH-1 is for all the best reasons, ie. that the 3D seismic data's ongoing interpretation is advanced enough that it has already indicated that there is a more optimal location/depth for CH-1 to aim at. To me this proves the worth of the whole 3D data gathering exercise - I guess gone are the days (well, for Ruvuma at least) of 'hit-and-hope' exploration drilling...
Overall, a nice bit of news to receive on a dull Thursday morning in early March... :-)
GLA...!!