Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If news does not come soon a few people will be looking for new balls, I`m happy to wait the extra hour tonight or any time this week. I think patience is wearing a bit thin with a lot of folks, but Hotcopper board seem optimistic. News needed to liven up this board. Should have made some progress last week, time will tell.
Work needs to be done before an announcement?. Completions need to be pulled from current zone before moving up to complete next zones for testing. Are we going to be drip fed info or have to wait for final result,only time will tell. Timeline for Avares drill which should have started by now needs to be announced, the sooner the better to get the SP really moving
John Begg audio video now released March 14th, found on( www.pancon.com.au ), mentions Dempsey & Alvares. SGC could update zone maps so we can see exactly what we are testing, at the moment Zone 3 is a bit confusing. Updating diagrams would be a great help.
Anyone notice the SP going up in the last few days?
BB2, As I`ve previously said Raven have a foot in both camps, so any news on Tulainyo would be available to us and vice versa for Dempsey & Alvares, confidentiality would still remain between the two camps.
Yoshie, also on INVESTEGATE at 7.15 a.m.
More buys than sells yesterday and SP went down 7%. All buys at the moment today and SP is up only 0.4%, not a true reflection in the price. This share is being held down for some reason. With April 5th fast approaching an ideal time to load up your ISA this tax year and next if you have the money. Nothing wrong with your research didso,its just the timescales that have muddied the water, and investors have gone elsewhere.I still remain invested and have the patience to wait for EME to reach it`s full potential.
exzess, April 1st falls on a Sunday, so any time after that.
Every one and his dog are trying to buy up acreage at the moment, hence the perceived need for secrecy, We all know the gas is there, it`s just a little matter of getting it to flow. Once it flows, whether it`s us or the CRC joint venture on Tulainyo , land prices will rocket along with the SP. PCL have a foot in both camps so both parties know what`s going on even if we don`t, and all are pretty quiet just now. GJ is performing a juggling act at the moment and not everyone is enjoying the performance. TK has his hands tied just now, so he`s not not performing. News on EME`s other assets would be welcome.What we thought was a short term investment is turning out to be a little longer than we envisaged. Patience WWW.
Morning all, TK must have read my post yesterday,realized the potential and dived in. Don`t forget he knows exactly what we have here, 17.1% of EME is one massive nest egg. Agree with KOE that good news must be on the horizon.
Rome was not built in a day. As a guide Tulainyo still to reveal test results of 6tcf worth potential of US$6 billion in ground value at current prices. That would put Alvares at US$2.4 billion in ground value,Dempsey ?, three Dempsey lookalikes?, and wells on improved acreage?. A lot of questions still to be asked and answers given. Time will tell if TK will weave his magic once again. Figures given from Raven (REL) report on Tulainyo.
It may not be agreeable to most people on this board ,the way SGC has conducted the Dempsey drill and subsequent testing but it may be the best option. Information gained in flowing, fracking and stimulating this well is fundamental to the understanding of the whole basin. During this so called hibernation unseen work has been going on. Planning the next stage of events and securing more acreage. Think of the massive upside if all the current wells can be deepened and flowed, not to mention the three Dempsey lookalikes and Alvares. EME are just a passenger on this roller coaster, so sit back and enjoy the ride with all it`s ups and downs along the way.
WHAT HAPPENED to the eight missing posts? LSE get a grip, or is there another problem outwith your control?
Morning all, glad to see the site up and running again and the SP rising steadily. All we need now is an update to get things really moving.
Sitting at 14p on Google, over 4% up just now. Nappies come in all sizes these days, thank god, best of luck with the clean up Mcfirth.
Hi Mcfirth, Lucky you never saw SP drop to 3.5p on Google Finance after 10 am. this morning. Technical fault or a "rabbit" , any explanations anyone? Would have been nice to buy a few shares at that price, checked on Hargreaves and does not look like any buys at that price.
In RNS today RMP (Red Emperor) mention JV & work on lease acquisition in California. No details until deals are done, sounds familiar, secrecy seems to be the name of the game. Looks like a lot going on we don`t know about.
Hi Dakad, maybe it`s an omen and the pound signs will become a reality in the near future, onwards and upwards ����������.
Orchy, SP dropped from 18p on 29 Nov. to 10.88 on 8th Dec.,the date of RNS which states plan is to fracture stimulate this zone and achieve greater connectivity above and below this zone. Noting that it took 32 hours to pressurize back up to 6,000 psi. , flow could potentially be massive if horizontal and vertical pathways are opened up.
Hi Kalahari, J. Begg is very confident on the outcome of Tulainyo and Dempsey, just a matter of time before the gas flows. Looking good for Alvares, but progress report would be nice,