Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You are right E121,
For the month of March we are up 41.75%.
21.90p to current SP now of 29.09 is +41.75% in just a month. The SP needs to consolidate and take a "breather". That's a big jump in a month ! All positive going forward though. Next up-date May for a production update ! Unless AB closes bond deal or buys something new !
Not correct .
Old targets.
Why would you have a Buy rating at 30p when the SP is 31p. I
t would be a sell rating if the SP is higher than the target.
= old targets posted by someone who does not understand .
They can' get it right ! Their article says our market cap is 730m. They can't add up. Our MC is 570m today.
Their maths is as bad as my spelling !
Perhaps they meant our MC will be at 730m very very soon. Lol.
Pleased to see that we did not panic and hedge more in Feb . Still 8.6m hedged (45%). Which gives 55% of production exposed to these ultra high oil prices. Debt should fall to 800-850 at close of H1 2022. Then down to just 500m at year end. Debt free sometime in 2023.
With $78 hedge and today's POO at $122 we will get exactly $100. With 50k bpd production that's $5m per day revenue. Thus 1.85 billion for the year. Massive, huge FCF off this ! 800m , 900m .
Build it and they will come, running !
Future divi's, Ftse 250. 60p Party- I'm Lovin it !!
Was Out at 2.30pm , Was very bullish for POO too.
Possibly what's been pushing POO higher. US oil stocks continue to fall !
Summer driving season coming, holidays,flying . Looks like we could see a new yearly high in the coming weeks.
It's just 5 O'clock.
I could not sleep. Kept dreaming of Spindock's boat. Northern Monkey was sailing it to Kraken to pick up some oil. Crazy dreams.
However on a serious note , I have a SP forecast of 33p at market close on Thursday following RNS release. Anyone else have a thought on SP at 4.30pm close tomorrow ?.
The prize for the closest is a luxury day trip on Spindock's boat to the Isle of dogs. Yes, to our Sweedish friends, the Isle of dogs really does exist !
Still looking for big +20% on Thursday.
If they can just "word it" right. 50k bpd production expected for 2022 to-date. Average POO for 2022 mid 90's . The revenue is huge, as is the FCF. Positive words about bonds, divi's, and the future and we are "off and running".
Please ,Dear Lord they did NOT hedge a lot more production in late February in the 90's. That would Cap our upside !
NO , they had 45% hedged at average of $78, they would not have jumped and hedged more so soon !