Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The DOW index has started to crash this month, I can only see it gathering pace and one day soon we are going to see a huge wipeout. What more can the US government do, they can't lower interest rates because of rampant inflation - they can only raise them. Huge crash is well overdue , just look at the 5 year graph for DOW
Global recession? Try global depression .............and 10 x worse than 1930's . We are sleeping walking into catastrophe. Interest rates have to rise to try and cool off inflation but the world has way to much debt and can't afford the interest payment. Economic system is going to impode
In the absolute worst case scenario ($60 oil, no OM award, 30k production)
RKH would have a profit of $73 million per year, 500 million shares and a loan of $378 million. Assuming a profit to company ratio of 1:10, it would be worth 730-390=340/500=$0.68 per share or £0.54 per share
In the absolute worst case scenario???
Seriously
-The worst case scenario would be FIG don't award the permit for producing oil/massive protests/ UK Government bans Navitas and RKH from drilling...........RKH gets wiped out along with all its shareholders.
-The second worst case would be drilling goes ahead but its delayed again and again by argentina and logitical problems etc
Or someone who wants there investment totally wiped out
Why can't you Accept the bitter truth ..........that this Share will diluted be to death over the next 7-10 years........Share buybacks will come too late
Accept and cut your loses
Interesting , so with No Debt and hedging, Harbour in theory should reach around at least 1000p or more,
Since HBR also has alot more cash available it also has more room to grow than SQZ which should mean 1500p for harbour
One year and if oil prices hold should mean a guarenteed 2-3 x return on in investment