Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My mistake, it's in my trading account after being removed from my ISA...
Let's hope we get some good news soon!
Anyone have any idea if there's a plan wrt to our holdings?
My share account has just migrated accross to ii, do I need to get them to show my (now defunct) FRR holdings? Obviously in the hope that it relists and I get something back...
Thanks in advance!
From the looks of it Prose, it's about 50 miles from DBS#1 to Pers#1 - your point?
Just a point on the lack of RNS notifications, I use RNSalert.com, it's not free (£5 per year), but I get a text, tweet and an email immediately, so as long as I've got wifi/data/phone signal, I never miss them... There are, of course, other platforms but I've no complaints.
04-Feb-21 08:03:08 27.000 39,815 Unknown* 27.00 27.00 10.75k O
04-Feb-21 08:03:01 27.00 925 Buy* 26.50 27.00 249.75 O
04-Feb-21 08:03:01 27.00 3,734 Buy* 26.50 27.00 1,008 O
04-Feb-21 08:02:55 27.00 3,933 Buy* 26.50 27.00 1,062 O
04-Feb-21 08:02:52 27.00 29,144 Buy* 26.50 27.00 7,869 O
04-Feb-21 08:02:52 27.500 100,000 Buy* 26.50 27.00 27.50k O
04-Feb-21 08:02:51 27.00 10,244 Buy* 26.50 27.00 2,766 O
04-Feb-21 08:02:51 27.00 1,808 Buy* 25.00 27.00 488.16 O
04-Feb-21 08:02:46 27.00 3,681 Buy* 25.00 27.00 993.87 O
04-Feb-21 08:02:46 27.00 32,940 Buy* 25.00 27.00 8,894 O
04-Feb-21 08:02:46 27.00 1,332 Buy* 25.00 27.00 359.64 O
04-Feb-21 08:02:45 27.00 18,596 Buy* 25.00 27.00 5,021 O
04-Feb-21 08:02:18 25.00 37,000 Buy* 22.00 25.00 9,250 O
04-Feb-21 08:01:24 24.267 2,085 Buy* 22.00 25.00 505.96 O
04-Feb-21 08:00:19 23.200 25,915 Buy* 21.00 23.00 6,012 O
04-Feb-21 08:00:05 21.00 700 Sell* 21.00 23.00 147.00 O
I had that email, replied to them saying it was *******s, would cost Lloyds £500m+, we'll still need oil for many decades as it's not just for fuel. Plus, they've had more than 10 years to object, only bothering now??? ******s!!!
FYI, I did nearly 15 years in the British Army, and I'm very proud of that...
GLA!
What legal challenge?
BPC has the right to a 30yr extraction licence IF they make a substantial find (or words to that effect)...
Just in case you're bored, here's a little research I found evaluating Cuba's area, includes information from previous Bahamas drilling...
One paragraph regarding the Bahama Platform states "Live oil at depth is significant because if there are structures at depth or diagenetic traps, then oil or gas accumulations along the margin of the Bahama Platform are possible or even highly probable, given the depth where oil has been observed and the low geothermal gradients common to carbonate platforms."
Here's hoping for a good week, one RNS confirming spud, another confirming the bull**** legal challenge has been thrown out and 3p+!!!
Have a good weekend!
Indeed WIW. Check marinetraffic . com, change to satellite view and click on past track, shows the Icemax skirting the shallow areas. Not many ships in the shallows, but even the big cruise ships have a draught of less than 9m whereas the Icemax is at 15.8m, a big difference.
GLA!
I know there's probably more chance of winning the lottery, but, it COULD happen!
Excuse my VERY crude workings (probably missed some stuff):
IF we proved up 28Bn barrels, say 1/4 recoverable of good quality oil @ say $50 per barrel...
That's $350Bn worth!
Minus $20 per barrel cost to extract (maybe more, maybe less)
= $210Bn worth
Minus tax @12.5% $26.25Bn (double that if we gave them 25%)
= $183.75 Bn
Divide by 4.5Bn shares (if we used RBL)
= around $40 PER SHARE!
As I said, probably more chance of winning the lottery, but seriously, Ross, what do you think this field could be potentially worth to BPC IF 28Bn+ barrels were proved up???
Not a serious expectation of potential, just playing with excel. But, never say never! ;)
GLA!