Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Based on the HY report, and the strength of gold, Pan African is set to move into the 20s very soon in my opinion, and also strong from a technical perspective.
It looks like JKT-O1Z might be a good well for Block Energy, awaiting the flow rate with interest.
Block Energy plc's Chief Executive Officer, Paul Haywood, said:
"We are pleased with the progress being made at JKT-01Z. Having encountered hydrocarbons and experienced significant mud losses whilst drilling, the early signs are encouraging. If JKT-01Z proves to be successful, side-track operations funded by production revenue will be initiated back at WR-B01, adopting the same geological approach employed at JKT-01Z. Strong sales, stable production and the ability to take advantage of enhanced sales pricing during the quarter, combined with encouraging initial signs from JKT-01Z, all add to the Board's confidence in the Company's ability to improve performance as we look to the year ahead".
JKT-01Z now at TD and has been tied into the gas infrastructure at KRT-39, which will enable the rapid monetisation of the gas production from JKT-01Z. Oil and Gas flow test now.
Diversified is above all short term moving averages and looks to cross the key 200 day moving average.
Crossing the 200 day moving average would be a technical signal that a reversal has occurred.
15/12/21
We maintain our Buy recommendation and raise the price target from GBp140 to GBp150 to reflect the rise in the gas futures curve since our last update of 23 July and also the 0.25 US cent increase in the Q3/21 dividend to 4.25 US cents vs. Q2/21.
http://www.more-ir.de/d/23085.pdf
Like last year I am looking forward to the dividend just in time for Christmas, they are paying 0.91556 pence per share and I had exactly what they said and with 0% tax deducted last year in the ISA.
Just looked at my divided last year 3/12/20 and I received the full amount in the ISA and it explicitly states tax 0%
Last year it was 0.68857 and I received that in FULL per share.
Gold making a move, Pan African Resources near 6% dividend coming December, c.200,000 oz production and soon to announce a share buy-back programme.
Clearly a large / persistent seller on this stock and probably from the 20p fund raise. Seem to be selling at any price the get.
Hopefully they will clear out before the mid Oct H1 update.
One of the questions I asked was with regards to capitalising on Christmas trading.
Answered by Julie Lavington, co founder:
“The whole purpose of the May funds was to invest heavily in the Autumn range to generate increased sales through the third parties (NEXT, John Lewis, M&S) leading up to Christmas, with stock has gone in from September. Advertising, continuing through the autumn with the successful TV advert which has been going since March and we are seeing really great take up in terms of recruiting customers to our database (40% of revenue comes from the database)”
There will be a H1 trading update and live Q&A mid October
https://www.youtube.com/watch?v=0hsxrd1L_wM
Yes happy from the AGM
My 2 questions at the start of the AGM, re capitalising on Christmas trading and social media.
https://www.youtube.com/watch?v=0hsxrd1L_wM
Sosandar AGM, prob a pre-AGM trading statement and Investor presentation Q&A tomorrow (Thur). recent quarters have show huge sales growth, will the trend continue. Market cap £65m.
I have submitted 2 questions for the presentation.
Loop Up Interim results and current trading update due. H1 2021 revenue to be no less than £11.5m EBITDA is expected to be no less than £1.0m. Had £12.1m cash year end.
Will be interesting to read how Trading has been in the last 3 months and outlook for remaining 3 months this year. Current market cap £20m.
Great update from the WR-B1 site by Guram Maisuradze Operations Manager Guram Maisuradze.
Well test underway now by Block Energy, a initial 48hr or 72hr flow rate result would see a possible RNS on Monday imo.
Video update: https://www.youtube.com/watch?v=IHFQURAdlXA
Going well and now awaiting the flow rates with monetisation of this well and drilling of a second well closely followed.
We have waited long for some good news and our fortune here is about to change.
Good luck to all genuine holders.
“If the well proves to be commercially viable, which we hope to establish soon, Block could readily realise the return on its investment in well WR-B1a, having established Early Production Facilities, which will enable rapid monetisation of both oil & gas. The Company continues with its activity on many fronts, including preparations now underway for the drilling of the second well in the campaign".
Join SOSANDAR PLC's investor presentation on 30th Sep 2021 at 10:00am BST, for all the company insights - Click below to register.
https://www.investormeetcompany.com/sosandar-plc/register-investor
ASOS, Boohoo etc all had to start somewhere, its early stage but growth is accelerating fast. I just hope they dont get taken out as a brand before reaching potential.
Recent Q&A well worth a listen
https://player.vimeo.com/video/536287284