Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Get those binoculars out!
Spud! You do not want to be out of this over the weekend!
Brexit- Deal will get done
COVID- Oxford Vaccine Approved
BPC- Will hit oil and the SP will rocket!
Investors here in for a very happy new year!!
Yep, the ICEMAX is officially on its way to Perseverance 1. Long term investors, this is the day we have been waiting for the ICEMAX should be at the drill site ready for Spud by Sunday!
35% COS is very high in oil drilling terms. As you say its almost a dead cert that we will hit oil.
And me Muir! Drop that SP! I have my finger on the deal now button!
Lets hope its as big as the nut we are hoping for!!
Always 2 sides to a coin.
https://www.offshore-mag.com/drilling-completion/article/14183873/stena-icemax-to-drill-for-repsol-offshore-mexico
https://www.offshore-mag.com/drilling-completion/article/14175256/repsol-makes-two-deepwater-oil-discoveries-offshore-mexico
Everyone here knows I am heavily invested here but just taking a look back at the previous drills by the Stena ICEMAX. Not a great record!!
https://www.offshore-mag.com/drilling-completion/article/16800523/stena-drillship-sails-to-ireland-for-druiddrombeg-well
https://www.offshore-energy.biz/providence-hits-water-at-druid-moves-on-to-drombeg/
https://www.offshore-energy.biz/drombeg-well-lets-providence-down/
https://www.marinetraffic.com/en/maritime-news/article/7111
Still a strong buy for me but worth a look. Those with a superstitious personality best not look!
Without a doubt in my mind. If we hit oil as expected this is immediately in the 40-50p range. Then second well spud and if oil we are talking £££s
Yep, some reading needed. I've got 60 days ;) plus a few
Cheers Zag. And you buddy.
Pay the pennys and make the pounds!
Bully, much appreciated buddy. I am under 55 also. Need to look at financial advice and how to shelter from the taxman. Thinking if I reinvest into one of my stocks showing as a loss and sell that stock i.e BP. Is that then sheltered from tax?
Hey Zag, never had as much invested back then. Now I have a lot more. But this is the one!
25-35% is very high in oil drilling!
Can you transfer ISA to SIPP without paying any tax?
Legal issue wont even come to anything. Its clutching at straws. The drill will go ahead and we will find oil. And I am not too sure why investors are so concerned over the new shares. It gives us a huge hedge and we have other assets. BPC are about to become giants! GLA
UK buddy. Thanks.
I have been in both RKH and GKP when they were penny shares and both went to £££s. I see this doing the same. Its been a long long time.
Zag, Not way ahead buddy. This is happening.