Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Dillution again....Confusing CR timing imo...why not wait till spud and SP 20p+ ???...dilution of 65mill shares better than 127 imo...or is it so BoDs and mates get in cheap before the run....l suppose it may be more enticing to investors to buy in just before expected this run to ensure cash comes in...the Co seems to have developed a 'habit' of 'giving' shares away to those connected....
@oilbell re: "Here come the buyers ..." Seems to me these 'buyers' are picking up sellers dumping stock atm....unusual with a '+ve' RNS due any day isnt it?...any chance the local 'yaks' know someone in the Immagration Dept?...or just investors 'minimizing' there tax bill before June 30...Bishand maybe?
Disagree Loz...why would they take r a month to drill after they get the visas, if that's what you meant....visas were "Oops forgot..."...everything else was/is on schedule...once visa issued they will be straight at it imo....
Yes Victor ...one would have thought a few of the prominent rampers who were still calling Matad sp to go 'pounds' during its demise last year, may have learned something ...it was quite eerie reading some posts on here suggesting 'it's only a flesh wound' as sp plummeted....no scrupples then imo....and now starting all over again...very short memories
C'mon bigbench...a lot of punters got more than the 'bang for their money' they expected last year...this year they may be a little 'gun-shy' and waiting to see what's actually in the 'breach' before pulling the trigger again...
Bemusing humour...l am trying to fathom why posting what the sp will be for any period of time is howled at as a 'negative' post....is it because others want sp higher?...do posters think the market is 'listening' to this poster and sp does not exceed this price for this period? Apart from this 'prediction' being 'close to the mark' for now....(the same sp prediction for two next two weeks was an interesting call imo) However, as far as l can summize, there has been a plethora of posters who have 'predicted' this sp to be a lot higher now... with RNS due at some point, sp is 'expected' to rise but fact is sp is still about 12p...l really hope Bishand's 'next 2 weeks prediction is wrong...but he has 'runs on the board's for the last two atm...l am sure there will be many schoolyard 'comments' if this stock does 'move' soon.....looking forward to that!
There has been a 'boys club' list on here for a long time Victor...low-and-behold if you don't ramp this stock and ask " how you doing?" ..... "...hope the weather is fine.." etc etc before engaging in how much this stock 'will' be worth 'when' they strike billions of barrells of oil...l suppose 'the weather' is pertinent this stock now that drilling has be put back a month we due to another cock-up....
Totally agree Victor...reading posts here seems like some 'live next door to Alice'...errr Mike...Mike this and Mike that...he is 'up against it's in this country like those before him...in football parlé..."you're only as good as you last game"...so far, 'Mike' chose Sino to drill despite last year's effort , diluted the Co for a 'song' to 'top-end of town' investors, forgot to get visas organised this summer and now has drilling schedule 'into July'...l haven't read anything on here the he 'has' achieved yet...but a lot of 'hopefuls' seem to think he has... which is nice for Mike to read l am sure ...but still no drill ...and no certainty of oil despite the dreams of many on here...the jury is 'still out' on Mike imo...
We don't know till when 'into July' is yet...flob this blunder off 'now' as you like....let's see how 'four weeks' impacts this Co's program at the unpredictable 'end' of this summer...imo Buck will be seething about this visa 'cock-up'...and so he should!
Re: "...Guess if I want a laugh i'll read your posts ...". lol coming from a 'bladderman'...you must be wetting yourself laughing chap...unless of course you're only half full then it's probably just more 'ramping wind'....as a lth l don't need to post any buys etc here like some...but l do have concerns about the Co management, albeit much out of their hands in this part of the 'political' world. However, despite his 'praises' being sung by a number of 'pro-Buck' supporters on here, Mike Buck hasnt actually proved anything yet.....but he has recently informed us of another Petro blunder under his reign... a blunder that thwarted the entire positivity of that RNS yet 'slipped' into the announcement as if it was not a big deal the Co has just lost previous 'summer drilling time' in Mongolia...again..Only a fool would ignore the manner this info was 'slipped' into that RNS given the history of this Co....
Yes jndavid490....'we have been informed' that 'someone' forgot to sort out the visas...again..and drill dates are now 'into July'...in other words, the Co is still 'following-on' with the problems of last year ...so one would expect Co still needs to 'clean-up' their act this 'comminications' Dept because the mud has obviously stuck and the market now has sp at the level the drill was aborted...perhaps that's why investors are 'unsettled', not stating the bleeding obvious....and, we still have the same 'profit-blind' rampers pumping this stock now as we did throughout the 'carnage' last year...take your pick...
lol MON1....did you mean 'finger out of update'? ...but agree...seems BODS haven't learned much from last year on the communications front, even though they did employ someone specifically for that purpose 'this time around'. Things went very quiet for too long when the 'wheels were falling off' last year and the sp was above 30p a long way out from spud. Then, after the re-scheduled drill date, and 'no other news' PI's were aware of, the sp started sliding quickly right up until that dreadfully dubious 'uncertified rig' RNS. It is now painfully obvious a lot of 'local folk' bailed out of this stock during this period, well before the official news to abort the drill was released. Seems Mr market hasn't forgotten what can happen jumping in too early with this stock in a country with close Chinese interests...dyor
OPEC and Russia set to increase oil supply due to Iran sanctions by US...just this a statement from OPEC dropped oil price 10% in recent days...it is thought about $60/ barrel will be the 'balanced' supply/price. ...
Sub 12p now bigbench....you may not believe it...but Mr Market obviously doesnt believe Matad yet....the Petro story for too many years has been a bit like the 'boy who cried wolf' once too often, this Co has to get out some spud dates and confirm the yaks are 'drilling' holes before sp improves imo
A very succinct and accurate recount of 2017/18 to date Just Scott....and that is only 12 months of this saga...no room on here to tell the whole story....and we still have the 'same few' talking big sp gains now as we did all the way thru 2017 as sp dropped dramatically on 'totally unexpected' news from this Co...and, the same posters were 'beating' up any realists on here then also ...seems not much has changed....the Co being responsible for visas does make 'sense'...which then 'doesn't make sense' either...what is in Yak milk?...maybe winter milk is not 'pasture-ised'...,embarrassing blunder either way...