Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi all - I appreciate the Palermo Aike well is not as significant as TA, but with testing ongoing and the share price near 1p it can make a big difference.
I think Julian mentioned that reservoir effectiveness was the key risk here too. Anyone know the COS on this well and particularly on the reservoir effectiveness?
If they are a private company then it is difficult to judge what they may call an EGM for.
But, given that they are a producing company, and this is just one well - and our RNS was received underwhelmingly - then I just can’t see why they would call an EGM over the result of one well.
It was a very general remark Cheemap. I’ve done plenty of research and am comfortably down too. But we all know this was WITH risk.
Where we are today was always a possibility. A very annoying one, but no point in crying about it when a solution is being provided/worked on.
I won’t be making any complaint to SOU. Why would I want to jeopardise a deal which “could” reward me very well over the next decade???
Have bought some more - and as long as the deal completes it should work very well. Still disappointed - BUT it is AIM O&G.......doesn’t get much more risky.
It’s like a modern day colosseum here. Lots of pent up aggression pouring out. Desperately trying to blame JP for them not being able to manage their own failure to research and their own personal greed. “It just us to be someone else’s fault”.........