Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
T123
Something wrong with your math, even arithmetic, methinks.
Too many unknowns for your conclusions.
Please Angela.
What’s wrong with some punctuation.
Is this breaking contributions up by thread a permanent feature or is there a way to revert to chronological order?
Thanks
J
What does anybody make of this?
Anglo African Oil & Gas (AAOG) announced the "Publication of Independent Report for Tilapia Field" forgetting the contents of their RNS announcements of 29 January and 13 February. Instead of the promised 1,500 BOPD production from TLP-103, shareholders will now see zero production for the foreseeable future. Giveaway in the new report is "R1-R3 interval and Mengo Fm were successfully intersected and, given previous Tilapia field drilling, within expectations" i.e. non-commercial
“Compliment”!
Hi Tiburn
Thanks for the explanation which seems reasonable to (fairly ignorant) me.
Mostly however i would complement you on the patient non-confrontational approach you take, which is unusual on these anonymous boards and which regrettably i would fail, even if I had your knowledge.
Instructive too, how it evoked an empathetic response.
(Almost confirms me in my communism: we humans are programmed more for collaboration than competition!).
Net debt
I’m not an accountant but:
I have a tenner and I owe you a tenner; net debt is zero.
I pay you the tenner, I no longer have a tenner nor owe you a tenner, so net debt is still zero.
Why would this be more complicated if I were an accountant?
Triple??
“Farting against thunder” I was referencing!
Lol
It may be an old one, but it’s new to me!????
Pp, if I’d seen this I wouldn’t have bothered with my post.
JTD
How many small o&g small caps are you invested (gambled, for me) in?
For 90% of them, the story is the same, I’d bet.
It’s a sectoral problem, or it's a climate change reaction problem, or both.
The question is, will it last or when will it turn.
SirG
+1
Seems serious and businesslike; they could have used a proofreader though (a pedant writes)!
Drewky, the Phoenix article, which I posted, did not rubbish Aminex or imply that it’s assets we’re worthless (I have just reread it). It has covered Aminex 5 times, I think, since I became interested and in all but one - the article last June - it was extremely positive and encouraging of investing.
Last June it was very critical of what it regarded as mismanagement and failure to advance shareholders’ interests; this was a sentiment shared by serious contributors to this board at the time and since. It may that they, and others, were unaware - or insufficiently aware - of the Tanzanian government’s responsibility for the delays but nobody was advancing that as a justification at the time, that I recall.
Personally, while the article contained some factual errors as has been pointed out, I don’t think it was far out on the substance.
True, they might and should have addressed the incompetence issue this time rather than simply ignoring what they wrote a year ago.
Why the positivity now? I don’t know but perhaps they’re like me who despite being equally pissed of with the management last June has bought almost 2m since right down to 90p last week. For me those two positions are perfectly compatible. And, I’m not arguing that your position must therefore be wrong.
Time to stop digging!
Royscot
+1