Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't hold me to it, but if I remember correctly it was around 15p
With another two anticipated lifts before year end doesn't $110m net free cash seem rather lean?
Thanks for your reply fandg2 09:24
Just out of curiousity question, if the annual maintenance is happening during September I'm assuming the FPSO will be around 50% full. Why wouldn't this be done straight after a collection when the tanks would be empty and (presumably) accessible?
Apologies if a stupid Q
Hi Infor. As of 31st March your $2.3b was already reduced by £600m, so down to $1.7b. With average oil and gas prices generally higher in the last quarter (despite WF tax) I'm still expecting a massive reduction in debt.
Thanks Spades, I didn't understand most of it but certainly an interesting read.
Thanks peeps, I'm still wondering why HUR have established with BP a potential forward payment for it's offloads?
Please excuse me if this is a stupid question:
Could we buy the Foinaven field and pump it's contents through our FPSO?
sttx, I would love you and even better, CEOadam to be correct, in fact I would be jumping through hoops!, but please tell us sensibly how this could be achieved?
I would love to see your figures on that!
Within days of the 18th will also be the next uplift, another net $35/40m into the coffers
https://www.lse.co.uk/rns/CRS/update-re-proposals-following-continuation-vote-m6id39wurxobmd2.html
Hi-Sense, Many thanks for all your efforts, mine sent.
CATS5
I think Maris is being particularly conservative regarding positive cash position post bond repayment, I agree with Sense that we should have $100m+ at that time..
Is this an area of "Good News" to pitch at the AGM?
I'm sorry if this is a stupid question or been asked before:
Surely only the proportion of proceeds gathered in British waters is subject to WT if not reinvested in further UK operations?
If so, what is that proportion?