Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Has the smell of letting a certain shorter out
Bla bla bla ... (commence cheeky grin) ... "and of course that all important Helium reading while we are drilling" .. (Stops cheeky grin)
Delayed buys starting to show 1 hour after 🙂
Great RNS, cant complain at any of that, but some will try
Pretty clear by their actions and RNS's last year is that they intend to replace the SL with an RBL ... delayed due to lack of production increases to prove to the RBL lender that copl can pay their debts.
So any nonsense talk now about how will they pay off a loan not yet due for 18 months is blatant trolling
In the interview she says "worst case 2 weeks"
Not sure its sensible to expect the same linear increases or more in production as back in 2021 due to the GGS, remember there are only 6 wells tied to the GGS. (yes I expect they are the larger producers, but still, steady on)
· The company has tied-in six wells and five high-pressure separators to the gas gathering system
Timecheck at 14:09 which is when the SP started to climb back
Madness trading this morning ... looks like RNS on the way, MM's always know 20 mins before
Moving back up .... wheres the sell to justify the drop ??? Have JBER gone for a late lunch ?
Earl 2.44 !!!! you better snatch their arm off then and buy back straight again at 2.05
Dope
You mean the current Anavio finance deal to keep us afloat .... is this the 3rd or 4th now, I'm losing count.
now just waiting for this deal to reset the strike price to 2p
Eurofil ... hows your IOG investment doing, I do hope you managed to buy more ready for that buyout that you said was happening.... you know the one that turned out to be suspension and administration !!
You have ZERO credibility coming on here trolling this after you suckered people into IOG
Another look at the well results this morning.
Of the 5 big producing wells on the GGS, that seem to have not reopened until the 2 week of August and lost 41 days production - taking a simple prorata that 41 days is 3200 barrels.
the well BFU 22-27V (which I have as tied direct to the gas plant) clearly has been offline more than most. A year ago this was doing 3000bpm, but recently only 300-600.
Slow and steady its almost 2 years since they did a 60k month !!!
I'm slightly calmer now, although still very piffed at the result. HOWEVER having had a look over the well numbers looks like most of the big performing wells were still shut down the beginning of August. So despite GGS being installed end of July some wells weren't then reopened for another 10 days !!!
of 6 of the 8 big performers we lost 41 days production .... so GGS install did affect august as much as july
Ooops I meant GGS was complete last week in July not last week in August.
So what was all the carp about GGS installed and performing as expected .... what it was expected to be SH!!t
Nobody was expecting it to be MASSIVELY higher; but certainly higher than the previous utterly terrible months when wells were shut to install the GGS. GGS was completed a week before end of august so there should have been some improvement..
GGS for me wasnt just the Gas part but the long awaited steel pipes so they could work with the higher pressures that they have been holding back on for over a year now. Wheres the immediate 300-600bopd improvement.
last one out close the door behind you please.
utter ****e numbers - spent $4m on the ggs - supposed to the saviour of the field and the numbers are less than july when a lot of wells were shut down because they were installing the ggs.
no wonder the jv partner hasn't signed !!!!!
It was a nonsense 8% rise from the gun this morning, there were no buys only sells (not large ones) so the SP was bound to pull back.
Seems like when JBER aren't running the book the other MM's have no clue as to the direction to take.
Now nearly 4% down and theres only buys for the last hour !!