Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Can’t see any negatives, no dividend isn’t a bad thing just now, could probably be using the money for better things
Just looked at the tweets today, sounds very positive.
With regards to land drilling, is it a costly operation? And do mosman hire a company to drill the hole or do they do it themselves? Also which the MCAP only being 5 million do you think Australia is already priced in with a potential for share price to drop if they drill a duster?
I only have experience with offshore oil companies in which a production operator such a shell would employ a drilling contractor like transocean to complete the work. Thanks
Thanks again, sounds like your well informed with this company.
As for the share dilution, if all goes well and company does start to see profit then there should be no reason to increase shares to gain capital - theoretically mosman should be in good stead to save profits and use to that grow the business instead?
Of course that’s all going well, and most company’s get greedy and try to gain as much cash to start more projects than they can manage, always ends up with PIs get shafted
Thanks for the reply hype just had a look. It’s says net production for the 6 months is 12150 boe roughly. Presume that is after all costs of producing the oil including wages ect.. ?
If so it works out at 65.5 ish bbls per day at $85 a bbl just now equates to 2million a year? Please correct if I made a mistake.
Just wondering why mcap is only £5mil on a company making $2 million a year? Seen filling company’s with higher mcaps on hype alone
I’m thousands down on this stock buying in near the high. To me it looks like it’s over - been promised IM every month now, if people aren’t in doubt now then those people are probably the naive ones that fall for most jokes.
Keeping my money in this as no point cashing it out, but if I bought near the lows I definitely wouldn’t be holding to take the massive gamble
Okay sorry if I got that wrong I was under the impression we were way off, the loan facility is good news and thought that would be the main topic of conversation. Usually AZ throws in NASDAQ hopes in an RNS and tbh I just took it as a way of making an RNS look better