Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
R Hertig, you'd get the toe ;)
Unsure if that joke travels across the Atlantic?
Worst thing i've ever eaten was chickens feet, had to try one to see what the fuss was about, totals still at one.
Kind of a texture of water buffalo with a kangaroo / loose fibre beef steak.
I've had fried and roast, was very nice.
Can sell up to 810,000 at flat rate of 3.3p
593 shares ... that's not the target audience is it, none of us that post on here are the target audience, we are the chump change, waiting for the scraps.
Mid point 2024 that's what they said back in 2018, when you go over each point in detail they've added more than they promised.
Now they need to total the sum of the parts...
Mike,
Also of coincidental interest in that article, if you tab down a para or two there's mention of Kazmunai and an India oil Co wanting to hire the boat for a new drill.
That is for the same Abay ( also Abai ) block where Eni have taken over the Indian State oil Co's interest.
Everything that is happening now in 2024 has long been planned and set out in 2018 and before.
A lot of us have been hanging around to see this, its almost time to get reinvigorated and excited again after all of these years of nearly.
One last point;
A5 flowing ( or A6/A7/801/802/803 )isn't the destination, all A5 ( or the first deep ) flowing does is provide the key that unlocks Pandora's box, one deep flowing provides the funds to unlock the other deeps.
In practical terms what it does is twofold:
Shows that the 800 wells and A wells are connected which is why they are being put on the same licence as per RNS.
Alerts the majors that Kuat & Co are ready for funds to be funnelled to the UAE.
That's when the SP really spikes, investors who've sold all the way out on the first deep price spike may wish they'd only sipped at the well instead of drinking deeply and being felt to feel like a dead camel.
Since they wrote this in 2018
Added Boat
Added CTS Drilling
Added oil trading group
Added 3AB then Government are taking it back after passing of Rafik Oraziman
Added Block 8 and West Shalva - gives Kuat the ability to move things around, Block 8 may have potential, West Shalva and its 25 sqK and bonus camel water feature looks like an administrative purchase.
Some of these purchases / amalgamations may have been due to the oil price turning negative and the civil unrest making them want to offload personal items into London listed corporate listed vehicles, now that it has all come out in the wash it looks positive as they have set up their UAE subsidiary companies and trialled a few Dividend / low tax payments through to make sure everything works in the three different jurisdictions that they are audited in, in my opinion they are getting ready for the big one.
If you believe this has been worked to a plan for the last 3 generations of the Oraziman family then one sentence from 2018 may pique your interest. The capital letters are as they presented it.
LICENCE
Appraisal across entire BNG Contract Area to mid 2024,
with the ability to convert structure by structure to full
production status from July 2018
END
Since then
MJF - full production status
South Yelemes - full production status
(North )Airshagyl - three deep wells drilled at 801.802.803
BNG A wells 4 wells drilled A5,A6,A7,A8
RNS to state if one well flows a full production licence for the whole of the BNG deeps will be applied for...
What is this telling you?
More importantly for Kuat & Co WHAT is this telling the majors who read the minnow oil Co's RNS's ?
Us bunch of PI's aren't going to give him what he wants, we are here as a by product of a London listed entity gives him a vehicle to sell in and out of and direct funds to the UAE, otherwise we wouldn't be allowed a look in.
Is it telling them that Baby Tengiz is ready to pour forth and they should ask to see the data?
Not a ramp, i'm not here for 2.4p to 4p, 2.4p to 8.5p, I'd like Kuat's exit plan to make him even richer than he already is and really see it pop and take us all along with it on a sale to a major.
Happy early May Bank Holiday, hope you've all cleaned your poles ready for some dancing!
Mango,
Joe soaps no slouch either ...
Who could he be talking about? and which page of the 2022 accounts do you need to read?
There was a 250k trade today at 3.3p if you are still looking for ghosts, or rather the imprints where they have been?
Would Nick replace Tom?
The product is built, Tom is no longer required at this binary stage of the game.
He had a long slog of a chance and achieved zero.
Time for him to go.
They need a sales Director in charge!
The advisors gone.
The MM's can sell more shares than they own, then buy them back off the market later on.
They were selling at 3.6 and 3.7p, they'll buy them back and have a clear book for the next rns or run on volume.
They are 5odding about setting themselves straight.
Uncrossing Trade: During the auction period, there may be a point (or price) at which the best BID and best ASK match and a trade takes place. This trade on the London Stock Exchange (LSE) is known as an Uncrossing Trade.
If you knew A5 was flowing, 806 on its way, the boat was signed, sea bed laid and mjf deal progressing would you be buying at 3.4p?
Imo always a leaky old ship...
All I'd say is if this is your only stock holding and loosing the funds would hurt you then sell half and hold some cash.
Tom's heart isn't in this, it's just a job, and one hes treading water at.
They will place again, once that placings churned over and the price slipped I'll have a look at reentry.
Don't fall in love with paying their salaries.
We've seen 2m + 1,996923 so want to see the balancing figure of 500k ... to hit the consultants 4.4m share pment
4,476,923 new ordinary shares of 1 pence each in the Company at 3.25 pence per share ("New Shares")
That's a trade for 1,000,000.00
The 500k could easily have passed through the day before the 2m and the 1.9m.
I'd imagine that's someone cashing up for the long weekend.
Bottled,
My apologies, you are correct. 08/05 to 06/06.
two weeks max till news?
A5 won't be tested until 08/06, early news say a week after that? so we are looking at 2 weeks minimum ? Until deep news.
806 could be at any time.
155 pipeline contract in play so that again won't be too long
Plus all the other bits and pieces.
Time to sit patiently and wait, once news lands this will be nt and then the price will leg up immediately.
Mm' ms may be off side as that was pumped with online info they were selling .
They know there's a bank holiday long weekend.
Ppl are generally nervous and forget research & newsflow and only focus on price.
They offered to buy more stock at a lower price this afternoon, so either filling an order or have sold more than they physically hold and need to recoup them before newsflow.
A5 flare licence for the flow test is dated 08/05 to 06/ 06.
If the dim and desperate sell I'll add if price dips.
A5, 155, 806 plus some other juicy morsels in the background.
Dim and desperate sell from here imo.
Cough. ..
Forward sold...
Looked over tdays trades, there's easily 500k off book trades in there.
Our consultants in the wind.