Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just been on the Fincapp site. Their comment on 31 March states that they reviewing their projection of future profits and buy price and that they expect it will be higher than current 3.6p. Of course now sole Broker.
We expect Paraguay farm out, Rio Negro LB - 1002 drill result, the go ahead for 3D seismic for Salta ( Canada Grande and Puesto Guardian) and possible update of the “ multiple project streams” at Atome. Plenty happening before month end and busy work schedule thereafter. Happy to remain and top up my holdings when I can.
That’s hell of an investment. Three times the current value of the company.
So guys what sort of amount are expecting from the impending farm out re Paraguay ? How much have we spent so far in Paraguay and will the financial input take into account our costs to date ? I believe that the figure maybe quite substantial and that this lengthy farm out process, when completed, will be the catalyst for a much greater increase in the present low share price.
Hoping for an updating RNS on Monday
Momentum is now on our side. News flow will be regular and positive for short to medium term. 5p on Paraguay news and I still think that with higher gas and oil prices, 10p year end.
An hour ago 225000 top up. Not snowing Earlier trades at 2.39 buys not sells
I would be disappointed if the Paraguay announcement is not out before May. They may have missed the first quarter projection but I am sure that PL will be pushing this as much as possible. I expect a generous uplift of the share price on that date. I still believe 10p by year end for PPC based on Paraguay and other plans detailed for 2021.
I think that we can expect regular updates including the financials Northern. PL may have his critics but he is not shy in reporting. I notice that there is a 10% spread on any large buying. I get the impression that most watchers looking at Paraguay to be the catalyst to come on board. PL now says announcement next QTR. Expect steady rise before then but “ next Quarter” starts in 3 weeks.
Agreed and we have seen how quick the share price can move upwards. Looks as though 2p firmly the base.
I think that Paraguay announcement will be early next quarter NM. Market waiting for this.
List updated on website. Anyone see any changes ? Good day trading. No apparent reason other than the price is well below par
A little more activity today which is good to see. Still very quiet trade wise despite plenty to look forward to from end March. Paraguay news second quarter. Let’s hope it’s early second quarter. Seems to be building to positive news all round in late spring/ early Summer here with higher gas prices during the Argentinian winter. Hopefully the new gas finds on line in time for price spike. GLA
Trafigura are strategic partners of Puma Energy based in Singapore who have an office in Asunción Paraguay. PL was in Ascuncion earlier this week as per the tweet on PPC site prior to the Leeds v Soton game. Puma already big in South America. Trafigura the conduit between both ?
A reminder of RNS 22 December re ongoing negotiations re Farm Out “ it’s hoped to conclude matters before end Quarter 1 2022” and “mid case 230 m barrels of oil” could this be ready for announcement ?
Hi NM. Based on a busy drilling year ahead with increased Gas and & Oil prices plus I think there will be news on Paraguay next week, so go for 4, 7 & 10p
If more detailed Paraguay news on Monday I expect a much higher price that 3p
Don’t think that final price reflected the actual day NM. Usual UT trade but seems to be a strange figure. This will rise over next couple of days. Traders maybe in hoping for news Monday. I topped up yesterday and will again tomorrow. This is on an upward curve now.
Suspect people will start buying again towards end of week with hope of Monday RNS prior to CEOs fireside chat. I will.
Back over 2p. Let’s stay here and move upwards. Plenty of news to come.