Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It’s been such a dynamic couple of years. Think many big projects have had so many moving parts they have been difficult to get off the ground. Still think Tom is the right guy and is well aligned with a massive personal holding. Sometimes you have to be more patient than you initially thought. Nature of the game. There are big potential rewards here and I think the odds got better for a sale of GPA or farm in. Don’t see a raise coming.
We have been in advanced discussions with commercial partners for the GPA for several years. I imagine things will come to fruition soon and that all could happen very quickly given proximity of Scott. Please read the link.
We have the 8th Biggest North Sea oil and gas project. MCAP of £60 mil is silly given nearly £30 mil cash in bank, cash generation from Dutch Gas Assets, Planned drill for more dutch gas. Owned wind farm and land. West of Shetland Daavar and 157 million barrels in Skerryvore. Plus the 100% owned hub of course. Parkmead is a mid-tier energy company waiting to happen.
https://www.energyvoice.com/oilandgas/north-sea/402302/new-north-sea-oil-projects-could-deliver-1-5bn-barrels/
Someone has been buying a massive stake recently. Get your facts right. Small time traders moving the price. The person that placed that last £280k trade at 59p recently knows the upside potential here. Don’t worry about daily fluctuations. Time to accumulate more if you can. I hold a lot here. Just waiting for the big move
Have you seen the big buying recently! Traders playing with 10000 blocks selling and buying, massive buys regularly over last few months culminating in a final £280k buy a few weeks ago. The rest of the action is just small trades. Has fallen recently in very low volume. Not a lot of stock free. Will explode back up with any volume / news. Good time to accumulate if you can. That big buyer knows something. I make it nearly 3 mill shares they have snaffled.
https://www.energyvoice.com/oilandgas/north-sea/413412/north-sea-discoveries-westwood-global/
Sounds positive. Would love to know what's going on behind the scenes. Think we get some big news soon
Funds repositioning from tech into energy. This is time to accumulate and not worry about daily swings. Massive assets here and value will come. Hopefully from Parkmead developing these assets themselves. If not someone else will. Either way PMG sitting pretty and you can buy near lows.
Quietest period for a long time. Frustrating but we know news due soon on HUB and Skerryvore. https://www.energyvoice.com/uncategorized/398204/parkmead-finally-nears-drilling-decision-on-skerryvore-north-sea-field/
Cash should be building nicely but Tom needs to spend some of it. If not we are in danger of being taken out at these levels. I for one want to see some shareholder value restored before this happens. Serica and Cal and NEO are all cashed up and we must look so cheap to them.
Upside massive if and when projects are unrisked. Interesting to see that the GPA hub was part of a House of Commons question session with Department of Trade and industry in Dec 2021. Clearly we are working behind the scenes.