Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Newkotb My broker said they Even couldnt guide me, as they hadnt given Any corporate information, so they said the scenarios could be many, but at worst, My shares could end up being untradeble. They had only experienced it one time before fra Canada to UK, and its a mess.. They said that they might be able to sell them for me, but that i would be restricted from buying.. Really dont understand why to delist when interest is so low in the first place.. All the attention and coverage from Josef schahcter will stop, as he only discuss canadian stocks, but maybe in the long run it would turn out to be a good dicision. Will try to buy on AIM
I have sold mine on TSX after My broker told me they couldnt help me sell/buy shares on AIM, have tried some other brokers but nobody does AIM, its really a shame they are delisting from TSX, if Anyone knows a good broker that accept customers overseas im also interested.. I think more People will realise that they have to sell and it will not be good short term, however if I was trading on AIM I would use this as an opportunity to buy some cheap shares on TSX, if your broker allows offcourse.. Really not happy to sell My SDX but didnt feel i had a choice
Shakey, let us get to 50MMscf before mid 2019 and I would be more than happy :).. 150MMscf would be more than welcomed from here.. That would be around 15.000 boe/d from one license net, we also have to keep the volume stabil on a long period, so 150MMscf is quit a bit, dont you think? I Mean it would require around 50 bcf pr year.
If we could find a way to buy on AIM and sell in TSX we would earn a lot of money.. Its obvious that AIM is dragging TSX down everytime, and destroys Any kind of optimism.. There is a spread on at least 4-5 % and No one has the courage to buy :).. At some time one of them will have to take the steps, and I Hope TSX will ignore whats happening on AIM and trade with good volume again, maybe that could create some positiv vibes on AIM.. Thanks for that shakey, good to know that time is working for us :)
OHSEE, i Hope you are okay, seems like you have lost a lot of money, if you need a shoulder to cry at, you have one in denmark.. And oh btw, we also have some lovely biscuits, they also work to wipe put tears as we say over here ;) Kisses and hugs From denmark
Trends in SP can change very quickly, and to be honest, Even though I know everything will fall in case of a recesion or slowdown in the world economy, I would be very secure in a stock like SDX with this valuation.. Only difficult task with a company that is valued like SDX is to save money for such an event, its so tempting to buy more at these levels :).. Mr. B i would gladly wait 6 months for a 50% - 100% rise in SP instead of chasing small gains and ending up with 5-8% a year.. Some People are good at investing on very short timeframes, but I always end up losing money, medium/long investment in undervalued stocks, has given me a very high yearly ROI, and I expect nothing Else from SDX.
OHSEE, you should be a man and take a decision instead of joining All the crying in here.. If your investment strategies are half as good as My spellings, then you might have sold before, instead of crying.. It is very simpel, either you believe in the project or you dont.. If you dont, sell and find something you believe in, or stop talking down your own investment.. I have seen them many a times (those that claim to own a stock, but only speaks bad about it). I simply dont understand why to comment on something which has No future and which is difficult to have interest in. And how stupid it is, to have money in such a company is beyond comprehension.. Not to get me wrong, Im not against critical post, like those of shakeypremis, they unlike you adds something to the debate. If I touched a soft spot then excuse me, just My Opinion :)
Dessert star, i agree reserves also play in, but you tell me, if SDX stop drilling from now on and just keeps selling what they already have, will it then not be enough ro give us 0,8 pr share? And when that is said, they have oil in the ground, you dont have to be an expert in the field, just look at there drilling campaign last year. Yes there will be some cost, but I think they will be smaller know when they can be switched on to infrastructure.. SP is ridicilous No matter how you twist and turn it
Urraca, fair enough. Normally stocks will price in what is going to happen the next 12 months, but oil stocks in generel All trade with low p/e because of the uncertainty in the markets.. So Even if oil prices they seem to recover, the generel masses dont believe it to maintain. This I can understand, whats a mystery to me, is why SDX is being punished in same fashion when their assets are more dicersified. Not IF, but when SD come online majority of the revenue will come at fixed rates No matter what happens to oilprices. We also know that demand i kenitra is double the capacity we can deliver with current infrastructure. So to put it another way, we Are 50% cheaper in kenitra than the alternatives, and demand will, in spite of recession or slowdown, stille be in excess of what our pipe can deliver, so the growth story there is intact, if we find more gas offcourse.. In SD the buyer is the government, which means growth potentielle there will also be present, albeit more risky. So for People to loose Hope now is a bit Strange.. If you have waited for 2 years, and know decide to Dell at the finishing line, will indeed be a bad choice, unless you think some scam is going on. I therefore think this stock should trade atleast at a P/E 7-8 and with SD coming on, it should at least as a minimum double from where we are now. But as the clever one says The market can remain irrational longer than you can remain solvent