Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Like this comment from RNS this morning
“The presentation will outline the Company's transforming production profile“
Seems a confident statement when we know they are already ramping up.
Low volume so far but nice to be blue this morning
Should have flow rates pre presentation, so under two weeks at the latest.
It looks like the presentation will be a longer one (~1hr) as it’s with investor meet company, I’m sure lots of information will be shares and hopefully we hear from Xav again, like we did at last investor meet. Also more time for questions on this type, looking forward to it
Spot on, however due to previous errors from management there’s no surprise there is some panicking, however there are definitely some talking their book. And in addition to that there are certainly people posting across the boards who have done no research before commenting.
Tradeemup- condescending how? Because I made a light hearted joke about share tips since you said you tend not to be wrong. As I said a light hearted joke there’s no need to take it badly :)
I did engage in the debate hence my reply regarding loan facility and Cascadura gas flowing :). The desire to drill Cas C back to back, well we don’t know the exact timing/predicted timing for the spud of them wells so what’s not to say they will be mainly funded by Casc A production?
CW were you expecting an rns already regarding rates ?
Secondly- trademeup why would they raise now after recently extending credit facility and Cascadura ramping up? If you tend “not to be wrong” have you got some share tips for us all lol
I understand where you're coming from completely, however after the money spent there they probably think that for the cost of putting it on pump it is worth it. But I agree lets get Cas at full rates ASAP, re Cas C I think the chat has been October, as you say lets see
They set their own questions so not much reason to side step it, the market has written royston off now- fair enough based on latest result, however that means any positives from there should give us a boost. Re leaving royston for H2 2024 to drill, how do they correlate? They can continue with work at royston and drill Cas C simultaneously
Ah ok are these your 2 factual statements from today then:
Fact 1) when good flow rates are confirmed the share will only move up to mid 70's
Fact 2) more a trickle of gas and cash than a wall of gas and cash
As you’ve just claimed you’ve posted factual statements and all that..
If/when flowrates are announced are in line with guidance then we should definitely see a rise. If these flowrates are maintained for consecutive quarters that will definitely re-rate the price. Add in now that drilling can restart (Cas C next) and good results there will also help. Especially if they managed to get to TD and prove up additional resources.
Regardless of SP today, the news is obviously a step in the right direction. With now a self funded drilling campaign and numerous targets to go at (some on new licenses with a separate sales agreement?).
Looking forward to flowrates
More a trickle of gas and cash? You must know the flowrates that the company haven’t announced yet, please enlighten us? Or surely you didn’t expect it to be at 60 mmscfd the day after they brought the wells online? Lol