Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Look at #TTF 177Euro Parkmead producing and 100% unhedged with two Dutch drills planned early Q4 2022. £30 mil cash in bank £8 mil land and operating windfarm 8th biggest pre-FID Nsea project Mcap £45mil. Plus Skerryvore (157 million barrels) and Daavar West of Shetland! https://tradingeconomics.com/commodity/eu-n
PMG is unhedged so making around $100k a day. We need news on multiple fronts but in the mean time our balance sheet just gets stronger. Crazy we are near lows but Tom Cross needs to do his job and work for shareholders. I believe that he is. But he needs to communicate. As a matter of duty.
https://tradingeconomics.com/commodity/eu-natural-gas
Mcap £45 mill. Probably £30 mil cash in bank, £8mill land and windfarm. All other assets priced at £8mill. Thats Producing dutch fields, planned dutch drills, the 8th Biggest pre FID North Sea oil and gas project (GPA), Skerryvore (157 million barrels in place, Daavar (west of Shetland) All for £8million. Upside is huge but Tom is creating pain uneccesarily by being so quiet.
https://tradingeconomics.com/commodity/eu-natural-gas
PMG near lows. Buy opportunity for sure
Mid summer. https://tradingeconomics.com/commodity/eu-natural-gas
Parkmead just so cheap. Management's fault though and I hope they fix it with the news rich period promised.
And it's the middle of summer!! Nice cash flow, but where are the details for our Dutch drills Parkmead? And the Hub. And Skerryvore. And the wind farm. No wonder the share price is so low. I hope theres a Tsunami of news soon. Share price should move very quickly then, but Tom's lack of comms is negligent to shareholders imo.
Dutch TTF moving higher again. Cash will be building nicely (£30 mil by now?) Windfarms likely to develop. Land owned plus wind farm (Joint value £8mil now) Dutch assets with planned drill of Diever. GPA Hub (8th biggest North Sea pre FID project) Proven resources near infrastructure (Scott) Skerryvore 157 million barrels (cashed up partners SQZ, Cal and NEO) Daavar (sitting in a sweet spot West of Shetland). Platypus (Left field chance this will come back - off the peg development) All for £55mil. Just buy and wait for the news. It's coming
Very hopeful of a massive re rate at some time soon. This quietness is unusual even for Parkmead. Something brewing? If we dont do something soon we are in danger of take out before realising value which would be very upsetting
Its almost exactly 30 bags. £16.71 if I remember correctly. According to FinCap (unrisked figures).. But that was based on an average oil price of $50 so would be much higher now! Wouldn't that be nice! lol. Come on Tom. Time to give us some good news.