Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Jeez GGG, it is a depressing thought that this may be a good time to take profits, sitting 50% down from highs! Still have PTSD from the last acquisition announcement and subsequent SP crash, though that did turn out very well in the end (maybe better with some debt financing but let's leave that debate behind us..).
hTTps://invezz.com/news/2023/02/10/hedge-fund-pro-brent-crude-oil-price-could-hit-140-in-2023/
Oil trading guru very bullish on oil later this year on the back of China's reopening
I also thought this, though Majid did emphasise that if they did do a further acquisition it would be heavily debt driven this time, but inevitably some equity would be needed.
To be honest GGG he didn't seem that enthusiastic about a takeover, he just said that they would have a fiduciary duty to consider any offers should they come etc etc. Sounds like an asset sale or some sort of farm out to accelerate development are more likely
Thanks Tony and good to hear that you're getting NBLC added to HL, will keep an eye out for that one. Seems that Doc can be a bit breathless in his pumping at times (e.g. some of the loftier initial I3e predictions), however i'm up on everything he has tipped to date so can only be appreciative of the guy!
Hope everyone is having a good weekend.
Nice work Tony. Off topic (but it's a Sunday...) - are you still in any other of Doc's other portfolio stocks? I've got a reasonable (for me) position in EMO + GASX, both looking pretty good, and just took a small punt on OYL (v speculative). Be interested to hear if you are in these or any of the other ones. Cheers
Emphasis on reliability and security even from the Greens is great for us. I think that the report is political cover for the govt to be able to make hard (ie not green) choices in the near term. As others have said, PG has positioned us so well here.
Very interesting, thanks for sharing. Am I right to think that the concern noted around the potential for post-carbon “stranded” infrastructure places our floating LNG terminal option in a very advantageous position vis-a-vis competing fixed terminal alternatives (in addition to the no-fracked-gas commitment)?
Good news though, regardless if the numbers might be a little bit off, and good timing too. Will help to calm SH’s worries with the sharp drop a bit and provides some further external validation of the value gap which Doc and many others on this board (but not yet the wider market) have identified.
Closed at 13c on TSX, that’s 7.6p. Can anyone do the divi maths on that? Must be outrageous.
Hopefully you’re right Ark and it’s just a short term shake out on low volume. It’s otherwise just bewildering to me.
From ceo board, might be worth a listen (presumably it’s Toronto time):
“Doc Jones on smallcapsteve on YouTube at noon.
Gold/silver
$TRG $GLDC,
$VG, $VZLA
Copper, Zinc, with PM credits:
$EMO, $GCX, $CCCM, $KC
Oil/Gas/
$FEC, $ITE, $GASX,
Rare Earths:
$UCU”