Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
... and a well-mapped out reserve at WN. Getting it out of the ground will happen, and the market wants that to happen quickly.
UJO only has a 16.7% interest in WN, so the SP is simply hit with negative sentiment currently. IMO.
OPEC showing little intention to increase flow rates, so expect Brent to hit 100 USD this winter.
That's good for UJO.
WN appeal news will also help SP, as they've proved there's gas there and that the judgement to refuse wells had no foundation (other than it wouldn't look pretty - which is subjective - neither do electricity pylons)
Thoughts?
Looking at the rapid growth already underway, and the potential in China given switch to CPM bidding model.. these look like a bargain to me at this level. Cash in bank means they are simply signing deals and in-content ads are going to replace traditional ads. IMO. Read the RNSs!
Very undervalued based on a temporary payment hold up.
This will get resolved in time, world needs LFTs, Abingdon in a good place to make millions of them.
This pandemic is far from over - the U.K. seems to have accepted 30,000 cases a day and 100 dead - unbelievable- and only a matter of time before a much worse variant shows up putting everything back to square one or worse.
It looks like they started testing at the deepest part and found that the gas / liquids are able to move fairly freely.
Am I right in thinking tha the gas will accumulate at the top trap, ie higher up the well?
If permeability is good then it ough to make it easily recoverable and therefore commercial?
It’s not as if they announced a bad RNS, they just wanted to calm the market and give an update imo
Any day now should see an update on Moftinu compression and spudding at Sancrai