Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sorry "fomeone" should read "find someone"..... a traditional broker may be able to do so but they are few and far between.
It depends where you hold them JohnDodo. Most Investment Platforms are only capable of holding "quoted" shares and Funds on their platform, so where they cannot they would need to convert it to cash.
If you can fomeone willing and able to hold those shares for you, OR get them to transfer them to your own name then you could keep them - though you would need to transfer them before delisting.
I doubt we will see Flow Rates issued ahead of the EWT results. Realistically that would be what? Latter part of Q3 and that, of course assumes we start the EWT in early Q3 as is being proposed. Flow rates, like the concentrations of 4.7% is pretty meaningless on its own and without a proven Basin Model; plus I would suggest without the evaluation of what those rates might be with some form of added stimulation, which will presumably be released at the same sort of time.
Seems to be quite a few sellers at 1.20 and just above - not sure this price will hold. Hope we see some buying.... really need that Dev License. Not long to wait though in my opinion - this week or next methinks. :0)
Hold the fort one and all , I am off to London for the day; some of us have work to do!
1.325p paid.
Who knows our chum Rojo might not be with us for much longer :-(
Currently being quoted at 1.20 1.35p. So despite the hit to the balance sheet from increased debt the market seems to have taken this as a broadly positive RNS. It does at least provide official conformation of many the things we had been "assuming" from the recent Tanzanian PR campaign.
Oh and RJ, thanks to your heads up, I have a few of these now. Thank you :0)
Morning RJ, so on the basis that you "only read what you see", I assume te idea of ARA buying their own rig is now not a likely prospect?
Outlook:
o Contract a rig operator to undertake the drilling of the Chikumbi-1 appraisal well and, if successful, to complete the well as a gas producer.
Not long to wait to ask any outstanding questions: I take it all that you will be interested enough to attend? ;0)
Annual General Meeting will be held at 10.30 am on 27 June 2024.
Oh and haggismctripe, yes, thank you we have already read and understood that too often reposted paragraph, we d not need you to post yet another time..... good grief.
So do I TBTB (take mental illness seriously) but this is a toxic place that, based on some of the posts here, appears likely to cause or at the very least exacerbate such issues.... Some people would be better off avoiding it.
Anyway way one and all I am off for the weekend, there is little point conducting a one way conversation ;0)
I wish you all a lovely weekend - I hope it is warmer than those of recent weeks!! Bbbbrrr
Oh dear here we go gain - firstly there was a review of ALL historic PSA's in 2019 and the rights of the TPDC were changed and now (so I have heard from BoD) now stan at 20%. Furthermore each back-in is negotin its own merits and so will not necessarily reflect those signed n the ast - the assumptions that applied to Kiliwani and other PSA's have been totally superseded. But then of course haggismctripe always knows best....
Nothing changes Baramara - the back-in rights apply to the combined shareholding of the JV partnership -whether that is ARA, AEX and SCIR or just ARA and AEX makes not a jot of difference they will take whatever %age they choose (up to their maximum) of the "whole", of the 100%.
Yes BG exactly and that was the reason for the delay in the approval of the M&P offer for WEN - the original agreement supercseded the TPDC's preemption rights; it had to be renegotiated to allow TPDC to exercise those rights. Note also that their purchase was funded from income....
Absolutely RJ, anyway as haggismctripe has me filtered he will not see my responses to his queries, so maybe you can summarise them for his consumption; he may even give them some credence if they come from you! ;0)
It is not a "given" that backing in would necessitate contribution to historic costs, or indeed, if so, how far back they would go or what they would include; it would be by negotiation.
Though RJ, if we are to believe the headlines the GSA has been agreed for an eternity, we were simply kept waiting interminably for it to be approved..... I suspect that the imponderable was what event acted as the trigger for that back-in? You might argue that until such time as the Dev License was approved there was very little point of backing into anything? TPDC being a 20% shareholder in what?
Lump of cash coming in from the back-in - highly unlikely if you are to believe the BoD. Contributions to past and future costs likely to come from TPDC's share of future income streams. So cash in future but not likely in the short term.
It is often suggested that post Covid and increasingly thereafter the UK and the wider world population has struggled more and more with poor mental health. Is it real or is it just a reflection of there being more focus on people's mental wellbeing? Well it would be appear to me to be more than true, evidenced by the number of posters on this and other boards that are seriously deranged; angry, anxious, paranoid or otherwise troubled.
Yep, as I suggested - that would be a good outcome.
But with only 2 -3 trades in the last 2 hours RJ. Volume is what we need RJ, isolated trades at whatever price are of little consequence and indicative of very little. Executed more for effect or opportunism than for substance by and large.