Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lol... anyone that takes advice from Investors Chronicle is usually behind the market. Financial press is full of garbage, they're business model is to sell newspapers/subscriptions. And the journalists are journalists... not traders lol
For what it's worth
Funny how I seemed to have timed my buy isn't it... just prior to finding out Lombard reduced they're short. Lol
Should start seeing sometraction again now as the others follow suit, still roughly 20m shares need buying to close shorts
* 20% discount
Too bad you've panic sold. FWIW... I added £100k in here today, give or take, at a 20% to what the main man running the show paid for £87k worth a few weeks ago.
INTU was always going to go bust... the internet has killed the high street. Fortunately we are not in the same position. Our profits have doubled, free cash is up 6x...!!!! The banks would not be taking large positions if they were not confident in the outcome. Remember banks and smart money etc will likely have the inside scoop
1 billion... what you smoking? Only traded 290m so far today... we'd done double this by now the past few days. Running out of sellers now. Mm's need to take it up again. They're happy to take size at mid price so.....
Stephen Sanderson, UKOG's Chief Executive, commented:
"This landmark milestone, perhaps the most significant event at Horse Hill since the HH-1 oil discovery, paves the way for the Company to realise the full value of future long-term production from the Horse Hill oil field, our flagship asset. It is also a key enabler that will help us achieve our goal of long-term oil production and related cash flow by year end.
The decision's timing fits hand in glove with yesterday's completion of the acquisition of Tellurian's 35% interest in Horse Hill. It fully justifies the price paid to boost our share of oil sales revenues, net Reserves and recoverable resources by over 69%.
Now that we are firmly in control of the forward Horse Hill drilling programme and development schedule, the Company is well placed to deliver its stated goals. We look forward to maintaining the considerable forward momentum of the past weeks during the forthcoming simultaneous drilling and production testing campaign."
4 tankers is about 8/900 barrels!!! Excellent
It will never get to 5p...? Remember this company almost got to 1bn pound valuation on hype alone. Never say never, stocks only go up! Haha
Last 2 placings. About £1m worth bought today
Big enough?
It will be a penny share again... you mark my words :)
There's our seller on Friday then... they've borrowed again and dumped while sentiment was terrible in an attempt to smash the price down further. I don't think they expected there to be so much interest at support levels. Now they may have made things worse for themselves, it's more they have to buy back to close, last time they were caught off guard. I expect they thought the price would dump again today not rally 13% at one point. I will keep hold of my stock and add on any dips on the way up. Imagine being that sweaty trader getting squeezed twice on the same stock hahaha!!! The bottom is firmly in as the volume and fundamentals suggest. GLA
Good to see the trolls working overtime on the weekend... fact is many on that were short were caught offside when those fantastic results came out and they all clambered over each other to buy shares to close they're positions, trouble is the squeeze attracted some deep pocketed investors that have been looking for entry, Parvus re-adjusting they're portfolio has been a God send to them, now they are working overtime trolling bb's on the weekend before they get squeezed again! Fundamentally the business has made massive leaps forward. Technically the price has retraced to around the -38% Fibonacci level and bounced which should put us in good shape for a 138% rise to around the 43/45p region, right in line with the 50p broker target. The trolls are very aware of this hence excessive negativity. Block out the noise. This is a winner! GLA
Following is taken from ADVFN chat. Seems a switched on cookie this guy ??
"Friday night trolling...? Hahaha! Short side gonna get bummed again
I'll give you some maths... The AA's free cash flow for year end was £83m. Last year's end they had FCF of £12m. So an increase of £71m FCF
Now anyone with half a brain can extrapolate what the current FCF position is likely to be, however I'll do it for you....
83 - 12 = 71 ÷ 12 = £5.92m per month.
Now multiply 5.92m x 5 months = 29.6m
Add that to year end 83m gives a pretty good guesstimate of current FCF... £112m
For those that don't know what free cash is, it's the amount of left over money after all costs etc that theoretically belongs to shareholders. This is where the dividend payments etc come from.
Extremely undervalued at current mcap..!! There is a reason the company has been around over 100 years.... it's a robust business with adaptability at it's forefront of operations. GLA"
Now couple that with SB buying last week and we're on to a winner I reckon! As always though, DYOR
The longer we trade sideways with the range tightening and volume decreasing the more powerful the breakout will be. Expecting 40p region sooner rather than later. GLA
Well well. Next time I tell you the hat is being passed around you may take notice.
Somebody smashing the stock out today, rumours are shard are ringing around...
Quite a bit selling today. Hope it's not bad news or a fundraise being leaked... although it does make sense to do one now if they're deciding to bring Royston forward
Anybody else notice that we haven't received any new TR1's since the two members of the BOD recently exercised some options. I know it's only a handful of shares but we should still some holdings RNS's as equity percentages have now changed, all be it only a small amount. Regulatory oversight perhaps...? Or is one of the larger holders our mysterious seller..?