Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
As anything pops up its being bought, there was about £15k a while ago, that took it NT again for ages, them dribs and drabs appear and they go straight off the bat.
Are they selling BNG as a whole lol?
100 or 100,000?
Don't tell him that, he'll be offering another free carry trial.
Cut Tom's salary and put him on part time, roll him out for interviews for the next placing.
Employ a National sales Manager, set him a target to trundle around the NHS centres and SELL at breakeven cost the system on a 12 month introductory price, thereafter a rolling 12 month at cost plus margin deal.
If Yr sales manager can't sell any within 6 months stop trying with the NHS, lay off sales manager and focus on India and licensing to the USA.
Quaytec,
it's there every day, day in and day out welded to the C.E. I haven't seen it leave berth and rejoin?
I would have thought the same about the C.E. taking on bunker fuel, that makes perfect sense, to you and to me.
So lets scrub out refuelling - it is a chemical tanker, appears to be Ukranian registered.
Reposted from 22nd March - History Repeating .... this time with better news ....
Compare Nov 22 when the last decent flag pole started forming, flag stretched out to Jan 2023. ( bagged from 2.23p to 4.3p )
Then continued in a classic 5 stage leg up to 8.5p.
We are back at the 2.23 point but there is no risk of dividends to detract from the drill programme and they have loaded loads more news in, more drills, boat has a conformed contract, block 8, South Yelemes are producing more oil on horizontal drills etc etc.
Last time it went from 2.23p to 8.5p in 5 months and all you had to do was hold for nearly 300%... only reason it stopped going higher was their insistence on taking Divi money and putting it into the UAE coffers, thereby cutting off the drill and workover ratio.
With Block 8 coming onboard they won't do that again.
Still moored.
Weirdly the Meliana - a Chemical tanker is still docked alongside, hasn't moved for weeks.
Every other ship in that small port has dropped off cargo/taken on fresh loads and moved on...
Mike,
Then split out the home and away they have to sell some to the home market.
They could hit this just on South Yelemes, or 155, or smash it with A5, A6,A7,801,802 or 803.
Last year on less news it did 2.4p to 8.5p.
I'd start there?
Still think that's too cheap for what they've outlined is coming.
Not interested in 5p ... chump change!
Sitting and waiting, selling oilfields, licensing a deep, redrilling A5, buying block 8, renting the drill barge, first time in years ...
Multiples of 5p...
The great thing with AIM BOD's is they can chat to each other and agree the options we're probably set too high.
Especially after issuing 5hit loads of shares for placings ...
Then they can agree they will lower their options...
I'm still invested here Dibs, just telling it like it is on AIM ;)
They'll get India sorted by then.
India is being pilot scheme funded in charitable donations, they will then ask for central Government support / funding to cover the whole country.
Months away at the earliest, same as UK NHS.
Unless it can bring cash in via licensing bleepa to usa? I'd expect another £5m? Raise to keep all these trials running, unless Tom can man up and sell the proposition instead of giving it away.
Was reading about bids this morning, old favourite, great product, 5hit BOD, was obvious a while ago, come on Tom cup those balls in one hand and go sell some Bleepa!
That's decent, realistic, factual.
No b.s. in there, good snapshot of the business.
Note they are stockpiling and not just selling.
They'll prolly be doing that by May
Mike
To sell 70k a month on inter licence is only circa 3k bopd
U mean 3.27?
Earl - you pick up some casp - its moving again.
Davey, I disagree with that I think the pumpers and dumpers can alert you to some good stocks you wouldn't otherwise know about, wait for them to leave then buy in on the retrace and wait.
So take out $100m for FDP and its circa 9 cents then.
Take out $100m for the field development plan, divide remiaing $200m by 2.1b shares
Good point re: Galaxy
So if $300m
Take $100 towards field development plan.
$200m dividend of which Kuat gets half and we get 9 cents gross?
So fully developed deeps and a divi?
AIM isn't the worry.
You can do what you want.
Your issues are kazakhstans sub soil users agreement.
Need each oil field on separate, clearly identifiable licences.
Delineated by topographical size and then depth.
Example 3ab vs Dunga where Dunga owns the oil down to 2500m and thereafter 3ab own it.