Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All you long term holders, me included were hoping and probably praying for a Rns today. Yet another Monday gone by. If the company had something positive to say I’m certain it would have been out by now. I’m starting to accept that 16 didn’t improve and 51 is currently a c@ck up, but we should still be informed. Coronavirus is having an effect on site and gas infrastructure is being delayed.
Please those positive people out there put me right with some FACTS that differ from my thoughts
I’ve long thought PH should be nobbled and that’s being kind
I hope so Mr Grover. Anything posted that isn’t some type of ramp rather than reality gets chastised.
We all have are own opinions and read various posts either agreeing or disagreeing but we are guessing. As share holders surely to God we deserve a Rns than being in the dark and out to dry
I do not think that’s a lot to ask, in fact it’s basic standard procedure
Your a one Ajw. Not surprised you didn’t pull up Thordon error on his cost to market of $11 per barrel of oil because it doesn’t suit your agenda. Checking back it’s $9 to transport store, separate and dispose of the water so I’m $2 out compared to $22 out
Anyway I think your their main promoter so you wouldn’t pick up on anyone who is ramping knowingly or not
I think you was suggesting this was a buy last year at 17p and end of June you was saying we are producing 675 barrel more per day than we needed to break even. Oops that’s right the company forgot to tell us that well 16 was shut in with leakage problems and a 73% water cut. Of course they were not deceiving us.
Re schlumberger they were getting out wether we did a deal or not so yes plus plus for them and maybe for us.
What we need is a update on the current site because we don’t want a repeat of 16 last year were they wrongly kept it under wraps
Thordon I’ve been following Totally for a while. Constantly successful on contract so can’t understand why their mid cap is so low
Cheers Thordon Wentworth seem fairly consistent and regular updates and a good divi
V111jas read on buddy. I don’t wear rose tinted glasses. See it as it is
Thordon. Ya not $2 dollars out you $20 plus dollars out. It’s over $30 dollars per bopd cost. If you check the Rns on the 25th sept we had 9000bopd and it’s states we will make $300,000 about $33 per barrel when the price of oil was at $65 barrel. Sorry I thought you knew that and was trying to pull the wool over Apologies. Currently loss making and the cost of water extraction might be on top of that, not 100% sure
Yes the gas if and when is massively important. I just wish we got an update
Read the 25th July Rns which shows how deceitful they can be, that’s why I’m very wary of PH
Ajw. I notice you didn’t want to put thordon right even though he was miles out at an overall cost of $11 dollars a barrel. And I notice you haven’t mentioned the cost for oil to market for Bloe which is more than the current sell price by quite a percentage. Yes oil will go back up in a few months once the surplus is disposed of and the price war is sorted.
I noticed PH didn’t mention how high the water cut was on the 245bopd they have inherited from schlumberger . Would be interesting to know if they did anything different
Thordon I think your calculator is playing up. Have another go and be realistic. It’s costing $11
just to dispose of the water per barrel. People do conveniently forget when it doesn’t suit
What we are desperate for is an update on the current site. Another Monday coming up and I’m sure they’ll bother making the effort on one of those in the next 3 months
Sells. Some delays have been buys but the 1.1 million earlier was a sell. Slowly ticking up
Well my take is at least it should help the share price. I just hope it’s not a smoke screen. I would like to see a Rns re our existing site or is that to difficult. At least 50% of Rns’s today have been about the coronavirus impact on businesses. Go on shoot me down in flames ??
Could you please enlighten me. Looks like someone different
It’s called communication and keeping in touch with shareholders but then again your name says it all
I doubt you will get a reply with anything other than no comment. Let’s face it we are only share holders. A lot of companies have released Rns’s re the effect on the business re coronavirus. Not these. And a few on here were hoping for a Rns yesterday. And then there is those who say we don’t want a Rns because we would lose the good news if it was good news with all the other problems, so on that basis they can keep making excuses up for at least another 3 months
Unbelievable. They should at least release details re coronavirus and maybe 3D, 16, 38, 51 progression, Bago,
Ajw I’m trying to average down. Wether it’s good money after bad time will tell
Re 51 cementation. Until we get the over due Rns ( you thought it should be 10-12 days ago ) regarding success or not neither of us or anyone else on here are any wiser.
Sorry Hepseal. Massive mistake in the scheme of things Justin.
Thank god for that. If you didn’t come on here knowing your lying about the current share price. just tells me your motives. Or lack of brain cells. Was I wrong to enquire why we hadn’t had any news re cementation of 51. Well overdue. I might be wrong but I think Ajw did say he would purchase some more if it had been successful. Basic correspondence from the company would be good. Jason has gone and the new contact is not contactable or the odd email saying can’t comment
Scoob if you checked my post I didn’t mention testing. The cementation of 51 was what I was enquiring about. Very important for 51, and it also tells us they have continued with the drilling. Assuming successful. Is your website working yet!!. Wait for it. I can sell large quantities for 3p
Ajw any thoughts as to why we haven’t had a Rns re cementation success or not of the liner shoe in well 51. I know looking at your posts you was expecting this at least 10 days ago. I didn’t think they were allowed to hold back news