Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ready for a rise in the last hour!
Turbot
I’m beginning to think Noble didn’t send any samples to AUS and US as they stated in early December. The were expecting First one from Mbelele 1 back prior to Christmas and the others shortly after. A few weeks ago the we’re imminent!
More smoke and mirrors from them? They do like to embellish things!
As the days pass with no results, the more it looks like they have been pulling the wool!
Will have a look back at some of Skittish’s satellite images Joe
2 production wells only 1.2km apart with shared facilities and gasss piped from one to the other with take off point would in this case be very cost effective! Could be done and good option if drawing gases from different reservoirs!
Heady times 😉
Joe
Do you think they may go on and drill the other prepared pad at Itumbula as an appraisal well or is it too close?
Roger
The North Sea is more than 1.5 times the size of the whole of Tanzania! Keep it accurate!
Don't think the OTC trades are of any great significance to the overall picture! As was said by TallPaulNY , any serious American traders would have been in here at 8am to buy or sell!
Thanks Blubay, couldn't remember exact figure, but certainly nowhere near £300m as Helx2 stated in his post! good to keep it accurate. lol
Helx2
Your Mcap figures are wrong. There was only 615m shares in issue then - Highest Mcap was £172.2m if I remember correctly!
JWB
One of the standout points about interviews, if the person being questioned knows the subject they are being questioned about, then the confidence level grows as the interview goes on, and this is Lorna’s territory, unlike some of the earlier ones about placings and breakdowns!
She is in her Zone now, BIG TIME
Done all at Itumbula 👏👏👏👏🍾
Maybe Noble will announce some results in 4 hours lol
Steve/Stinky
They have not declared a commercial discovery! They have Gas in Brine fluid but that is not Free Gas! They are collaborating with Queensland University to try and find a cost effective way of separating the gas to "free" state!
Also they have not got Lab results back yet to confirm exactly what the samples contained! I have a suspicion that those results are being delayed until after HE1 announce details of our Drill which will come this week, as we have much more sophisticated on site testing, and have been doing Drill Stem Testing. A bit like comparing oranges and apples at this point!
Beat me to it, Turbot!
Stuff that Castlepaul13
Nobody wants 200 + Twitter updates a day, now, do we?
Lorna's learning just fine, or Lauren, as your new CEO choice calls her! lol
I’ve just poured Oat Milk over my Rice Krispies, and they are Snapping, Crackling and Popping like mad.
I’ve put a lid over them and have taken a sample to send to Kellogg’s. I will have results back in 7-10 days! Enjoy your weekend and chill!
WIBF
Good answer
So if you divide 45m by 172.2m which was the market high valuation at July 2021, we are at approx.
26% of our all time highest valuation, and we have a working Rig, Licenses, and Gases in the ground in some form or fashion! All good going forward by the looks of it!
Roger the 70% dilution was from the point when the SP tumbled down to 0.009p after the premature announcement of a placing and the dragged out fiasco to announce the placing level o 0.0025p
Would hate to calculate the REAL dilution since mid 2021. Lol
A lot of room for a big Recovery on a DISCOVERY 💡
Glalth
For those of you struggling with the correlation between figures now and the:-
April 2021 - Placing for £10m at 10p per Share
June 2021 - 615,000,000 Shares in Issue
End July 2021 - SP dabbled with 28p
Today 3.4 billion Shares (approx 550% increase) and SP 0.0138p
A lotta lotta dilution!
There will be a Stewards enquiry! All the MMS to be disqualified - Result!
I'm knackered Chesh, away for a lie down!
Does that mean you have eyes in the back of your head, Chesh?
If that's the case, can you tell us what's going on with this here Share?
Think we'll cross the line now in a dead heat, so we can concentrate on buying and selling here in the last 15 minutes!