Member Info for Fyoz

I was wondering if I could get an idea of how much we might benefit from MSC. Assuming we're going for the same kind of deal that was widely touted when Maersk were involved, from memory the saving per ship was around $1m per annum. I also recall that the saving would be split 3 ways, Maersk, QFI and Akzo Nobel. So, a similar deal with MSC would bring in earnings of approx #240k per ship (sorry, on a Spanish keyboard so # is GBP). Using a PE ratio of 20 and with approx 1 bn shares is issue, that equates to around 0.4p on the SP for each ship. So an initial roll-out of just 50 ships would add around 20p to the SP, should the MSC deal come to fruition

Ha ha, talking his own book, never seen that before

Frantically trying to email the CEO of MSC to tell him MSAR doesn't work

ROFLMAO

"IPO for RBD, yes please"

Erm, RBD is already a public company

"From my perspective there is only one game in town ... Utah
Close the deal ... or close the company"

So Crippen says MSAR didn't work on the LONO ship. And you say he's trustworthy. But then you say MSAR produced in Utah is now the only game in town?

Something definitely beggars belief

"however those who benefit most will be the newer investors who sat out the painful times."

Not necessarily. I've been in since about 2014 and my average purchase price is 2.07p. Criticism of management is often based on the timing of the investment. I'm happy with the job they're doing, but if I'd bought in at say 35p, I'd be more critical

"I guess the dynamic duo are finding the words to explain either a massive find, a poorer than anticipated result or more likely (in my view only) somewhere in between."

Surely Rathlin will do the announcing?

But that doesn't suit your agenda of having a dig at RBD

They're not saying the SP should be 2.5p, they're saying that if WN is proved to be a huge resource, then we might re-rate to that kind of level. It's a debate while we await the results of the tests

250m for RBD's share of WN would equate to about 3.5p per share. So they could pay a special dividend of say 2p per share and leave a huge amount in the pot for new assets, deveoping Parta and California

"they like me would also have to have knowledge about the land first"

I'm pretty sure they'd be one step ahead of you Persi

"I can start looking at a piece of land that a builder may build me a house on, but I would need to know a lot of detail before closing out the deal."

And if 2 or 3 people were interested in that land you'd have to make your mind up pretty quickly

what news?

"what are Jason and Mike doing,"

Hopefully too busy attending high level meetings to worry about the day to day concerns of PI's

"for the simple reason it will never be 4p per share."

And what are next week's lottery numbers?

d) They've sold the company for the equivalent of 4p per share and you miss out

colinH100

Which is why the SP is 2.4p instead of 24p. Fill your boots lol

"it couldn't possibly be the incompetence of our staff or their crap sales pitch."

You mean the same ones that have arranged the Morocco trials, the probable deal in Utah and 2 potential LONO's?

"So it’s a complex problem"

Spot on TechyRob

Some on here don't understand that, some do but still think a 'salesman' can solve it, the 'complexity deniers'

For me now Utah is the key to unlocking this problem. Fingers crossed that this project comes to fruition and that MSAR can actually become a saleable product

Indigo even

"if I was persimmon I would be flattered that people think my opinions are so influential that I can move the market!"

He's not working alone, and he probably has multiple aliases. Wise up, this is how the charlatans make their money, and they don't care about collateral damage