Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bigsmoke, I think PI are fed up having invested in a company that on paper should be worth £ 1.80 - 2.20 and getting knocked down time after time. I hope the management will use measures at there legal possession to work out a strategy that will make the sp reflect the company's financial performance more honestly; such as buyback, dividend-policy, etc. I'm still in LOOPUP because they are in the right industry, they have knowledge of the market and the product, they have R&D capabilities and I'm sure management is eager to perform. GLA
Kammi, I tought in the last RNS of November they stated that current production cost was around $28. Maybe I missed it. Where did you found that info?
If the CPR is positive, showing enough reserves to extract between 10.000 - 16.000 bopd over the next 10 years @ $30 to 35 per barrel then HUR definitely is a hot target for takeover @ sp 12 to 16 pence. This could be the turning point for HUR. Exciting week ahead; fingers crossed!
I know it's frustrating....but patience is key. Don't look at this share and come back in August. You will see that things will turn out allright once the markets gets confirmation of the good outlook. If you're looking for £1 sp; we will get there in the next few weeks. I hope the management will use some of the money in the bank to initiate a buyback program...GLA
I added this morning, and I think that sp might close around 3.35 today. At least the RNS is not on a Friday, and let's assume Maris will have changed his distructive way of covering results in the haze. Maybe CA is standing with a bazuka in the conference room in case someone tries to screw the market once again....GLA
For those non-believers who sold at 75 and 80 over the past 3 months....hope you're feeling terrible! I'm confident Loopup will get back to £2 in the next few weeks. See yaaaaa!
I give ORM management time until the 18th of April to bring out the news. By then the deal should have gone through, yes or no. If not by that time I will take my losses and invest elsewhere. In the end, it doesn't make sense waiting and watching the nice birds flying around but not willing to put their eggs in the basket. GLA
I give ORM management the benefit of the doubt until 18th of April to bring news. By that time it should be clear whether the deal has gone through. If not I will take my losses and invest elsewhere. In the end there is not much to gain from whatching the nice birds flying around....GLA
Have topped up this morning at 3,08. Given the evolution of Hurricane's bondprices this really is a bargain. A good RNS and sp will raise to 6 to 8 pence easily. And once the fog has gone everything is possible to evolve to 14 - 18 pence by end of August/September. GLA
The ORM management is fully aware that they just can not issue an RNS with another update on the negotiations. The only first RNS they have to bring to the market is whether the deal has gone through yes or no. And so as Pondering mention; 18th of April is very likely to be the date to look at. GLA
A company is only valuable if it generates cash...not if it only possesses cash. In the interest of all parties involved I think it's about time to come to a conclusion. Will there be a marriage or not? Or does she has someone else ;-)
The most important economies are starting to get back to usual business; US, China, India, Russia. And things might move pretty fast. Most predictions give PoO estimates between $70 and 75 for the coming summer period. By that time also Europe will start recovering and prices will most likely remain at the level of $70 - 65 unless market supply of oil will raise (which the Saoudi's will prevent by all means to earn the bling-bling). So not looking bad at all for HUR. HUR has the potential to be in 20-24 pence range in next 12 months if uncertainties are resolved. GLA
Let's hope...I'm really fed up with this Bod...haven't made any good decision!
Considering a takeover the sp of the last 3-6 months are taken into account....so that might explain the suprressing of the sp since November.....the value is there, no doubt about that. And it doesn't have to be that bad....
The sp gets support around 1,7 pence, which is good news. Now we have to start watching the volumes...when they raise...things are happening behind the scenes and hopefully good news will come out soon. GLA
A company does not have to disclose any takeover negotiations until an LOI is signed. But there is a lot of thought about the timing of the audit and the timing of the communication....why waiting soo long? I guess they are aware that only disclosing the ongoing audit is not really the news the market is waiting for....Telling the framing of the audit would at least have helped.
Given the importance of the RNS for Loopup management is certainly aware the audit is not at the right moment....unless they have been approached for a takeover operation, which I believe is strongly possible. Yes there will be a drop in the sp for those who cannot wait, but again, given the timing...something bigger is at play. I'm holding.
I do think too that a deal disclosure before the end of the month is at the best interest of ORM. Would be good for all parties to know where we stand.
Can you imagine being the CEO of an oil exploration company that can take advantage of the favourable PoO and still make it happen that you screw the sp!! I get the feeling Maris is not more than a name without content or credible management practices to operate in the interest of all stakeholders. He's a joke!
For a company that's about to annonce its results tomorrow volumes are really low, isn't it? It seeems that all parties have taken their positions. A little to no information is leaking at the moment. Or maybe if information had leaked, it already happened last week. I would expect some nervousness anyway.