Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
that doesnt explain why they chose to stop over christmas/new year.
UKOG not stopping during this holiday period and most companies wont stop as the cost of hiring rig, etc is still payable when its sitting idle.
so, the one reason to postpone over the holiday is must be of something else.
anyway, just putting it out there, hopefully no further delays etc
wont be surprised if KOOV rises to 20p in Jan. we have seen this rises before from 6p within days only a couple of months ago,
plus, we are expecting the cash injection at 15p in Jan.
and once momentum is up, i think KOOV can go to 30p plus in 2019. see chart.
i may have missed the discussion in here, but what exactly the problem that they encounter during perforation that they have to now fix it and wait till 7th? twitter is hot discussing it and that might explain some in the know were selling this?
will this problem result in more delays down the line or even worst, not the result we expected?
where is DL when we want them, he has been quiet since spotted him on the site in his Jag just before the announcement re christmas
i doubt bid will go higher as sp has been around this level and the fact that no bid receive so far means that virgin trying to pay as low as possible, keeping in mind massive debt we have.
if CVA is announced, sp will collapse to sub 1p and then Mike can by very cheap.
oh well. i am in online shopping - KOOV is the one to rerate comes Jan on 15p cash injection - amazon ties up will boast it too
If they knew the discussion with chinese only delayed by few days, they would have said delayed to end of jan.
the fact it, due diligence will take longer and perhaps requires government approval? OR some delayed in project due diligence?
either way, i foresee this to be closed by end of March at the earliest, could drag on till Q2 2019/
if they knew the discussion with chinese only delayed by few days, they would have said delayed to end of jan.
the fact it, due diligence will take longer and perhaps requires government approval? so some delayed in project due diligence
either way, i foresee this to be closed by end of March at the earliest, could drag on till Q2 2019/
thanks, not thinking about it, the plan was to be over 1000bopd but it seems they still at 350bopd per now.
that will explain sp been at 3p instead of higher. thanks :)
the last time i checked (almost a year ago), ZEN was producing 1000bopd . but the last quarterly reports only indicated very small revenue??
can anyone tell me, why very small revenue and how many bopd we produce?
thanks
Thank you :)
sorry, how much cash we have at the moment? just curious as why some in twitter were saying about placing?
i can see most trade today are BUY... sp holding up before rising for payment at 15p.
well, 16k to add to their existing large holding, and maybe another 16k on Monday, so in total that will be significant.
Must be Align buying up more.
i have 2 concerns here:
- Sepco funding most likely not happening, maybe due to uncertainty in Tanzania mbeye project. so, either Sepco cancel their intention or further delays.
- now, we are in need of cash, without Sepco funding, placing will have to be done, at what price ? 1p?
- secondly, Sanderson is not a good LTH, they will be selling as soon as sp recover. or they might be slowly selling now and hence sp drifting. may get TR1 soon once they cross the next threshold