Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
9.17
Exactly! What people forget or don't realise is that 40% of the shares of the new enlarged shareholding will not be for sale on the market. These are the directors/boards/long term investors.
The public will have access to only 60% of the shares maximum, which is good for the SP to stay up and climb as demand grows.
The MC is worth around £250m before the production commences once all funding is in place to start the process to production. Once turnover starts and profits roll in, then it will still have much further to go. This will be a £1b MC company in a few of years.
It is not going to go lower than 1.5p before the next wave up. It would have already gone down by now knowing that from December it will be impossible to buy under 2p. The thing is people fear on missing out so they are buying up if it goes down a little, which brings it back to 1.50p+ almost as soon as it dropped a bit. MM are trying to lower it but can't brush off the demand. Pretty sure anyone buying now will be able to at least double their investment.
I bought under 0.65p (around Oct 2020) before last year campaign, then sold end of March 2021, 2 days before the RNS result just under 4p. It went to 4.5p/4.7p before going down sharply the day before the RNS. It will repeat itself again this year.
08:02 lol
The output from 4 wells out of the 10 wells that were shut in now produced as much as the 10 wells prior to shut in.
The next six wells will be back online soon as well and therefore production will be much higher than prior the having them shut in, even if they only produce what they were before the shut in, which is unlikely as they will probably produced double what they used to. In other words, the production is already back to the level of production prior to the shut in, there are 6 remaining wells to put back online, they control an updated electrical system for the pipeline, and oil prices is now double what is was prior the shut in.
17:02
You are very creative with the translation "...describing our struggle for oil exploration". lol
Dear Basmakinist of our company Yilmaz Riceci, who prepared a short video, couldn't have expressed it better, I would like to thank all our former and current workers for their support to us in this cause for 60 years on behalf of both our company and Sayer Family, everything is for a prosperous Turkey ...
Sincerely with respect
, Cem Sayer
President & CEO
ALADDIN MIDDLE EAST LTD.
ALADDIN MIDDLE EAST (UK) LTD.