Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Unfortunately it doesn�t show the individual trades but spread day before was listed as 12-14 and now 13-14 so no real movement. I see ANGS up again today so let�s hope DOR follows suit this week.
Not a lot of trading / share price action as a response though...
Yes it is a better start than before Christmas 60 bopd would pretty much cover the staff and admin costs based on last quarterly figures, assuming c �30 per barrel net profit per barrel currently. Just the ongoing works costs to pay for and hopefully some actual profit for shareholders then!
Out of interest ugg - have you traded any yet or done dummy trades? I am with equiniti and they are still in process of translating into CDIs, which seems to be taking an age. Of that I anticipate doing anything with them any time soon, but want to make sure I can when the time comes!
Yes it has been a long time - not sure if the strategy is to launch at start of new tax year deliberately or it has been delayed to build up more interest but given the constant tweeting from synerGIS I would expect something shortly after start of new tax year
Very true - I think we all agree that fortunes of company depend on actual oil output more than anything given that sentiment / hype aren�t likely to have any positive effect at the moment. 100 bopd + net to Dor by end of March would be nice but given the broken promises/issues on wells get past 6 months I agree that until I see it I won�t believe it. On nex, it was initially difficult to trade for most so it will depend on if asx is any easier - still awaiting an update from my main account after getting a holding response today as to what will happen there.
There are plenty of people who just want to sell out, but not many who want in - no doubt it will get worse before it gets better.
That�s interesting / good to hear - and an option to transfer shares at some point for anyone stuck unable to trade at a reasonable rate.
So I had a call back from John and he advised him pretty much similar to the rns i.e. to trade the shares would need to get put into australian share registry, which would be done through computershare (by broker). Once in there you can trade. I guess this goes back to the HL email advising on their trading process for ASX as a sell only option with th significant charges associated with that - possible to do but a pain. I will go back to my main account (Equiniti) to try to get something more concrete from them as to how they would mAnage this and what costs to do so might be. Hopefully less than with HL but I won�t hold my breath
I�ve left a message as there was no answer again today - it�s someone called John Gorski at computershare who owns the number on the rns. I remain undecided on what I will do at moment (although given that I can�t get a quote for anywhere near the number of shares I have got t may be academic). There is a part of me that feels that some Aussies are going to be laughing all the way to the bank after 1st March if there are decent reports from the drill sites having scooped up uk sellers. Then again, given the repeated shaftings in uk they may just join the club on that front.
What I would say is that at least HL have provided clear guidance - I asked my main broker and they just gave me a holding reply about waiting for information from company or something!
Hi I�ve a few in a HL account and have had he same message - looking at it if I decided to sell then i�d Owe HL money as it stands! What with the fees being c 150 minimum to sell. Of course if the price soars up to where we all dream it could I would still make a profit, but that�s a rather optimistic view. I did ring the number on the rns to get advice from computershare as to alternatives on Friday, but just got a voice mail for somebody. Will try again on Monday. It may be possible to transfer the shares to an account with them for cheaper but need to understand what they charge to deal.
Feeling a little fed today up seeing the news today - don�t really want to hold on Asx but will investigate to see what the options are. Shares near to worthless now I see on nex and doubt I�d not be able to sell all of mine for more than half the list price now so hardly worth it No doubt 2nd March great news will come out on Brockham / Lidsey to properly p*ss off all uk holders!
Bizarrely I've received mine into isa but not regular account!
I think Korg was joking - been positive on this share since 0.8p days
Yes all looking good - I am glad that some early adopters are getting back to level and hopefully we shall all see the benefits as company grows
5000 x 0.1 p = �5. Maybe one day 5000 will give you �50 but not yet!
So it's all gone through and initial dividend will be 0.1p - north of what I was hoping for. For me this is a very good annual return but even if you bought shares at today's value it is a decent annual return in itself - let's hope this is launch to high share price! Remember that word progressive!
21 to buy 20.75 to sell. Just added a few more to give me a nice round number of shares. Disappointing news on SCC schenagigans and further delays, but a reasonable flow rate at Lidsey would be a good tonic to this and in grand scheme of things hopefully this will put to bed the doubters around approvals at Brockham
27.55 to buy 27 to sell when I checked a few minutes ago. It's good news but not enough in itself it seems to shift the share price up from current range