Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
LOL... Bad time to be trying to ramp in this market, take for an eg: DELT, PRD, preparing to start drill, already started, neither of their s.p's have raced away.
CORO aren't just about the speculation in ****stan, they are waiting for the sign off of the GSA's, the sale of the Italian assets.
It looks like those who were hoping to get a positive reaction in the s.p has been sorely disappointed and they are now selling up and leaving the ship to the two snouts in the trough CEO's.
It's getting more dire as each day passes!
So the two boy wonders can carry on riding the gravy train. Two CEO's to 'run' an aim small cap. Two CEO's taking over £300,000 each, plus both have positions on other companies BOD's.
As usual it's about jobs for the boys, and mates in the city. It's certainly not for the small shareholder.
I've seen it before, those who voted for pinky&perky will if they were honest have regrets over the coming months and year!
Why are some people so ignorant?
minimal, £4 mil was not wasted on Serenity. For a start 91% if the cost can be claimed back against the profits from Wressle. Second the first Serenity well has estimated OIP of (c) 10+mbbls, EOG has 25% of the OIP. Wressle was only estimated to have just 650,000 OIP at one time.
So get over yourself, and look at the potential!
Serenity was not a total failure, and why posters keep stating that is false. EOG has 25% of the original well, which is estimated at 10+mbls, so there is still plenty of upside.
Wressle was only estimated to have OIP of approx 650,000bbls.
I've now come to the conclusion, that I hope that the two boy wonders succeed in repelling the new start group , because I will say with a certain amount of confidence that the snouts in the trough two CEO's will revert to their 'keep the mushrooms in the dark and feed them B.S' attitude.
And I predict no drilling will occur in the first half of next year!
Should double production at least, good update, and should be a positive period of news updates, with the GSA signed in the next few weeks.
I See a paid poster 'in favour' of supporting pinky&perky in the efforts at keeping their snouts in the trough. What these supporters don't question is.. "why it needs two piggies to run a company of RBD's size, a saving of £300,000 a year going back into the company's coffers would make a big difference, and show that this company isn't a gravy train for two useless parasites.
The £4 mil Divi the two clowns are proposing will have to wait until near the end if 2023, and that's down to certain conditions.
My 17,275,00mil is on the requisitioned.
I've had enough of the two snouts in the trough, arrogant, creeps.
Cathal Friel did a write up in ************* today giving a profile and resume on his past businesses, which is quite impressive.
Comparing the two boy wonders with Cathal Friel is a no contest, after over three years the two boy wonders have achieved very little except in filling their bank accounts up.
And instead of groundless spiteful digs against Friel, those who still think the two boy wonders should ask themselves in what way have the two CEO's created shareholder value after investing millions£.
They haven't !!
It would appear that rbd company insiders are starting to come out if the woodwork.
Anyone who thinks rbd are undervalued are deluded. Anyone who thinks that the two boy wonders can create value for ALL shareholders, are deluded.
And anyone who thinks a good price was achieved from the sale if Victory is deluded, after taking off investment and company expenses ,which included the over generous salaries if the two under employed CEO's.
And anyone who thinks the Daybreak deal was going to encourage any activity in California is also being disappointed by the lack of any activity by the new operators.
The only time the BOD inform(keep updated) the shareholders is either when there's a fundraise upcoming, or like now when they have some opposition to their gravy train.