Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cheers , I was hoping that's what it meant - strange thing to be talking about when your not even listed. Based on what they has disseminated, did anyone get a feel for when they think the Company will re-apply for listing ?
Did anyone notice this statement at bottom of 'AIM Cancellation' section - any ideas what that means to PI ? Further details in respect of the Cancellation can be found in the Company�s announcement of 8 September 2017. The Company is considering a possible share buy-back and cancellation, when the Company's financial circumstances allow (subject to the relevant provisions of the Companies Act 2006, including Shareholder approval). Further details will be provided as and when appropriate.
My brother has a company that supplies products/solutions to Engie and he rates them very much and likes them as a Company - not often he specifically states that about another company / customer in the sector. Hope we form a strong and mutually beneficial partnership with them.
how hopeful are you
Ghost based on 3000 boepd do you make it approx. $30m per annum ? i.e. 365 (days) x 3000 (boepd) x 5.5 (MMBtu per boepd) x $5 (price of MMBtu) = $30,112,500. cheers
Apologies, I was basing my calculations on bopd when it should be boepd. Its more like $18m per annum based on current market price of $17 and 3000 boepd. Again apologies for miscalculation.
I was doing some quick calculations and based on 3000 BOEPD for the Dutch fields - should generate circa 50-60 million annual turnover. How much gross/net profit and free cash flow from that is anyone's guess. Obviously market prices would also have a bearing on financials. Anyone any thoughts on this matter ??
current activities In April 2017, Tullow signed a Sales and Purchase Agreement (SPA) with Hague and London Oil plc (HALO) for the entire Netherlands portfolio with an effective date of 1 January 2017. This divestment of non-core gas assets is part of Tullow’s ongoing strategy to focus on light oil in Africa and South America. Production from the Netherlands in 2017 was forecast to be around 3,500 bopd, with associated capex of approximately $10 million from the start of the year. Upon completion of the SPA, Tullow will adjust its Group production and capex forecasts accordingly. At year-end 2016, booked Netherlands’ Commercial Reserves and Contingent Resources were approximately 2 mmboe and 15 mmboe, respectively.
Well their first half was through to 30 June so the 2nd half can be anywhere between 01 July 2017 to 31 December 2017. Hopefully it will be in the timescale outlined by Hague. Keep fingers crossed.
Europe production Full year gas production from Europe averaged 6,000 boepd in the first half of 2017, which is slightly lower than expectations due to deferment and delays in some activities. Tullow expects full year 2017 European gas production to average between 5,500 and 6,000 boepd. In April 2017, Tullow signed a Sales and Purchase Agreement (SPA) with Hague and London Oil plc (HALO) for the entire Netherlands portfolio with an effective date of 1 January 2017. Completion of the SPA is expected in the second half of the year.
Can't believe some PIs are feeling sorry for RS - he is the one that has been giving it the big hype with regards to the outcome and at the same time dumping 100s of millions of shares to the market over the years - and don't tell me he hasn't been claiming expenses and a salary along the way. Yip feel really sorry for him