Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Dai
The Integral Roughneck is just Not fitted. Anyone who believes the spin that has been put out over the last few months is delusional. Beggars belief that they released those Pictures yesterday.
BH
A trip to Blackpool Tower, and after they give them a stick of Rock each, they’ll proceed to tell them that the Tower is in fact a new Rig they have just bought!
ps. The Rock will have Morecambe written right through it!
Dbh
Presumably you were addressing me as the original poster. As regards negativity, towards the project and the belief that there is indeed Helium to be found in Tanzania, then I have none, always have been positive towards that!
But when you get a BOD constantly telling outright lies about the finances, the equipment, and the progress of the drills, then criticism and negativity of/towards the board of directors is deserved and due. Who in their right mind would state they had bought a new Iron Roughneck, received it on site, fitted it, spudded the Well, then 2 weeks later issue a casual photograph of the Rig Drill Floor with, hey presto, no IR installed, and a manual set of Power Tongs doing the work. Outright deception, and they think it is acceptable.
So in answer to your question, Positive on Helium resource, and Negative on the collection of Highway robbers we have in charge.
Only a handful of trades and static SP, fewer posts. Tumbleweed day, waiting for a Nail ?
Last one in the coffin , or the one that pins up the Discovery Note on the noticeboard ?
17.5 days in, and counting!
HE1 has been like the wet Sunday afternoon when you sit down to watch a movie, and even though it is the worst movie you have ever seen, you can't stop watching, in the hope it might improve!
Think I'll go for a walk in the Rain with the dog, and get some excitement, at least.
Cheers for that Blubay
Those pics just confirm that neither the trolley or the Roughneck appear to be in situ when you look at the 2 pics tweeted yesterday by HE1, and the Power Tongs kind of confirm it!!
Ballard
Depends where you're gamble started 25p Nope 0.25p Perhaps 0.20 A possibility
Davos
The reason we have No RNS today is because the team at the Nomad/Broker are all away on a skiing jolly to Davis courtesy of SC and therefore there is no one in the office to approve the RNS script in regards to the raise to repair the rig floor ! Lol
Dai
Your point about the state of the floor is a good one! Looks progressively used and abused over time, but there are 2 issues here. Firstly, in a well managed site that floor would be condemned by HSE Audit. Secondly, if the plan was to use the Tongs as there was no new IR, then surely they could have sourced some open mesh flooring and overlaid the existing with some packers to level and provide a flat, usable floor?
One word - Amateur !
Clemdave
2 and a bit holes at Tai locations, and 2 holes at Mbelele would tend to challenge those resource figures, don’t you think?
Had a look back at the first tweeted picture yesterday morning and when you zoom in it is clear and obvious that there is no new IR in place!
They should rename the company’Spot the Ball’ lol
Seriously though, Del Boy couldn’t pull the Wool as well as this lot have!
Morning all, busy busy on here this morning, what with all the tweets and multiple RNSs, not!
Dai/Joe. I thought the IR was on a retractable trolley and could move by ack out of the way of the work area ? So assuming it’s not there and they are using the power tongs, things will be slower, Joe ?
But the message here is that it was not a new IR they bought, but Power Tongs from the US - more porkies ?
Just need you to put this company in your Bazooka, Joe, and fire it into Orbit!
Have a gut feeling they will come up with some form of update which might take the price up a peg or two!
GLA
GMC
not a problem! Must have been over 650m shares traded if you take into account the >400m in those 3 trades alone! Surely the churning of placing shares must be coming to an end as news gets closer by the day!
Another 165m at 4.20pm at 0.20p
I just can’t stop buying them lol
I would agree with Bazooka Joe, they are there already looking at the 2nd picture tweeted today!
Maybe they are Total trade so far and they have been mis placed
151m at 0.205p at 3.10pm ?
Further Trade of 151m at 3.10pm
Showing on Google Finance - LSE doesn't get all trades up accurately!
141m = 4.15% of the company