Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Production aspect.
Maestro, agree.
We dont need to waste any money on buybacks and the like. Maintain divis, meet debt covenants and boost production. Flatlining will be akin to tightening the noose.
At current prices still highly profitable. Drill and produce, if prices fall below management theshold, freeze production and maintain the wells. The oil/gas isn't going anywhere.
Tony, lets get past all this and was in response to you. Anyhow what was said was said by both.
Sorry hit post by accident.
And the same respective gas price what will be margin for capex?
Touche Tony, but inthis case the insult came at me first lol.
One question to ask you of you. At $42 bep to cover costs. At $68 and the same respective
Thanks bobrad. Looke like you and Tony should be married.
I've not filtered many people on a BB. But boy is it tempting to do so with you.
Tony, you really are a numpty. Which part of certain point have you now assumed as a cut off date from being interested. You'd be the first inline for a p45 in my business based on how you approach things, assume things, communicate things and have no or low regard for others. You cant help it can you?
Ecuagold, what I couldn't careless about is if people believe I have mutliple businesses or not. Fact is I do.
But what everyone in the world would or should care about is their reputation and absolutley ridiculous acusations of being called a liar and put your integrity into question by someone like Tony. Especially when the same accusations could be levelled at him.
Save it Tony, not interested in your comments and never have been after a certain point. You are not the guardian of this BB in my book and nor the oracle. Been a quiet morning, so I'm filling a few moments of time. Good day all unless someone calls me out and If I have time, I will respond.
Vernetles and rest of the BB (excluding Tony) my apologies. I have to take seriously and defend the insults levelled at me. I will post on here and do not accept Tony as the guardian of the facts nor of integrity. NONE OF WHAT ANYONE HAS POSTE MADE DIFF TO THE SP. I have a right to my views without being attempted to be bullied.
But I will say this not happy with management and nor was the market judging by the sp. It was not solely the op, as on many occasions sp was down despite op climbing.
If excuse me, I have multiple businesses to run and work on them 6days. Cannot compete with someone who spends most of their time on a BB, slating everyone and making false accusations and more worse the hypocrisy is unparalleled. I have to be pragamtic in my businesses and come accross many 'EGOs'. But why I dont whine about is stuff beyond my control and try to do things is in goodtime that are in my control. Something I believe management have not done.
"I would suggest a little disingenuous to bring louis10 up now to back up whatever case you are trying to make."
What is hypicrytical and completely disingenuous is you calling me a liar when you yourself have accused Louis10 of being oilman jim, without proof. Am merely using it to break it through your righteous than thou approach.
I will disagree with your inaccuracy on breakeven. You stated you cannot see a dividend cut on $35wti??? Whether it'd discretionery is debatable. Management clearly hammered the dividend on what level of WTI?
You called me out after agreeing to not clog the board. So you are not Trustworthy nor have integrity by doing the opposite. Not the way people with integrity work. What ever you accuse others of can apply to you. INTROPSPECT.
Tony: Jolly is a liar.
1/ Your criteria is I cannot back up the spreasheet aspect. That happened nearly 1.5 yr ago and am not so sad to record it and I cant trawl back numerous pages of posts but does not mean it's a lie.
2/ if that is your criterion, in none of your posts accusing louis10 of being oilman Jim which he denied could you back it up. So by your own criteria not only are you a liar but in my book even worse a 'hypocrite' in accusing me of something you do yourself. Whats good for the goose is good for the?
3/ None of your posts are factual and are all theoretical and based on hindsight and historical again something you level at me
and others.
4/ on multiple occasions you stated that breakeven is at $35 dollars and you cannot see a dividend cut. So if oil price has never hit $35. Why has I3E cut divis, cut capex, increased debt. You know jack sh*t and non of what you post is accurate nor factual.
5/ you have attacked countless people, far more than I thought and have used personal insults. A trait of a nasty egotistical individual.
6/ None of what you post makes a blind difference to the sp as it's all theoretical. Like sharebuy backs in the scenario of flatlined prodiction will make a huge difference all is theory and conjecture. Yet you think somwhow your are better than all. First sign of a loser.
7/ given your post numbers here you are a company stooge loooking to put down justified criticism of the company and the board.
God help us if you were running the company. Introspection is good for the soul.
I have lots more of your fake facutalities in your posting history here. So just pipe down and reign it in. Stooge.
"The amount of time you’ve spent here obviously means that you don’t have paid employment like myself though I am considering going back to work. Hey - and have a good weekend"
Clearly you lied and continued to post multiple times, adding weight that you live on board.
Look at my post history over the past year. Who has posted non stop here?
Not going to clog up the BB, unlike you many have paid other jobs. Yours seems to be paid here. No point talking to a stooge who has selective points and sticks only to positives. I will attempt to trawl through a lot of messages Einstein. The plan to do so was already in my mind Einstein. If I'm a dumbell, I must be a lightweight, the heaviest and largest dumbell, (who's arrogrance and selective blindness is self evident) is you.
How quaint, Tony the denier= facet of lying. BORING word play again trying to deflect. Not talking the spreadsheet being mentioned here (tool) but the fact that your spreasheet got a mention on proactive was referred to on this BB. Get a grip, just like the rest of your false accusations against countless BB members. Yet you ignore the negatives on the company side. You come across as a company stooge.
Meant older vids. But I will try and hunt it.
Tony you're in denial. Have been tracking back but proactive videos on their site dont work anymore. Will keep looking am sure there are others on this BB who will remember. I recall it got metioned on this BB too. Just because I dont have the link doesn't mean it's lie. Not everyone's mind works like yours.
Vernetles, possible and thanks.
Tony, how come you never touch on glaring errors and changes between RNS. I thought you were all about balance and against "misinformation" I can see a very high management based bias.
WCSB, I concur about poor management. The assets whether they are what we were led to believe is an area of concern, given growth performance even at peak oil prices. Decline rates maybe higher than touted/ anticipated too.