Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
110.5% up in US on 5.25m shares traded at 1.50pm ET
Just had a look at them full size on the computer screen!
The Team Photo is actually a great shot, with the Drill Rig looking surprisingly Majestic in the background, with its missing IR, but with the Floor Crane proudly holding onto the Power tongs, which did the job with the Pipework. It actually looks as if it has a value in that picture, and when they find the solution to the integral IR, which is clearly not in place in the photo, be it new or repaired, then we may be able to describe the Rig as "Hot" and ready to work! Certainly coming back to life!
The other photo of Lorna and the local Site Manager makes for an interesting conversation between the two of them!
Moses(The local Site Manager and also the Landowner/Farmer) :- Hey Miss Lorna, when are you going to get all this suff off my land so I can go back to growing my Crops ?
Lorna:- Moses, have you ever watched a programme on the Telly called "The Beverley Hillbillies" ?
It just might happen for the Local community!
Wimbledon
Start making charitable donations to all LTH's
One what ?
Has dropped to 0.25p after the close! lol
Dai
In the preferred option section of my ageing Brain. It would be a very logical step forward if we can get some real results at Itumbula.
Maybe I should message Lorna on LinkedIn and ask for a Job. lol
Some excellent info and reading articles you are unearthing.
Shades of Skittish and his Satellite Imagery of the Well Sites.
Thanks for the effort!
No need for upcoming Placing.
Wirelogging and sampling over the next 7-10days will provide the conifdence to trigger the following:-
The Tanzanian Govt. will provide a Soft Loan for £5m to £10m, to allow continuation of work at Itumbula, return to Tai to deepen the hole and test the full depth of the Basement there. Agreement made stating the Loan will be paid back out of Revenues going forward, and conditional on an increase of their tax take, currently 16%, up to say 20%
All just makes sense from here on, what with market value of Helium, and would get rid of the cancer of the Brokers and their dogsbody SC pulling all the Strings.
Needs to happen, and she should get DM back to be chief Negotiator!
Youlookpastit
Time for Viagra mate, as obviously you name describes you member well!
Can anyone give some background into HGLOF and number of shares that could be traded over there/influence on SP here, or is it insignificant in the bigger picture?
Earl
In the Atmosphere and Background at Itumbula are two totally different figures. Stop stirring!
Hope Lorna is on the Phone right now, telling Sarah Cope, Liberum Capital and Peterhouse Capital to close the Door behind them!
Correct
Morning meetings over, Coffee drunk,.
Lets have a look at this company HE1, I believe they are exploring for Helium Gas, and I think Hydrogen as well!
Might be an opportunity to make some serious Dough!
Melted?
There was indeed money and investors waiting on the sidelines !
GLA
A pair of Shorts that fit her would be a start!
Gordon
I am not questioning the Crew on the ground at Site at all, as they have to work with what is in front of them!
What I am questioning is that the information put out to ALL Investors, old, new, and potential, is misleading, if in fact they are not operating the Rig automatically as it is designed to be operated. If the Power Tongs are being used then it has a considerable bearing on the timescales of the Drill, and once again, the budget target, or overrun which may be happening as we speak. It's a Management/PR issue we are talking about here!
RJ
For someone claiming to be an Engineer, you are not doing very well here! Just study the two pictures posted on twitter on Monday. The first one, if you zoom in on the area of the drill floor, between the mast uprights, shows clear daylight through to the sky beyond, where the integral IR should be fitted, on a trolley carriage, running on a "C" channel Frame either side of the large flat plate you can see on the second picture, behind the drill string. There's no frame, no trolley and no Roughneck fitted where it would normally be housed. On the open mesh drill floor is the power tongs which have 2 box section feet, which when located onto the collar protruding from the cellar, will position the Tongs correctly to operate the connection or disconnection of the drill strings!
What is in place is certainly NOT what they indicated at SPUD - perhaps they started with the correct IR in place and it has been removed for some reason. Something they should have been telling us, if that is the case!
What do you mean, Bubble wrap full of Helium ?
Dai, apparently it had a 30 day money back guarantee.