Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
http://www.ukogplc.com/page.php?pID=76 As I understand it there are 158 ltr's in 1 barrel of oil.
Talk about keeping everyone in the dark. Personally I don't see anything in the report that would justify a hike in the share price. All speculation and hype again and look what happened last time.
A good share for traders. Longer term any money pi's make will be based on luck. What is needed is more accurate communication. Up to this point I feel as though we've all been treated like mushrooms.
I suppose it's possible that the Lidsey flow rate will be held back until there is also news about Balcombe or Brockham. Personally I don't think Lidsey is very good news otherwise we would have heard about it? Also where are the downhole pumps?
I want to be positive about things here but after being caught out with the last hike I'm a lot more cautious.
Finally there is a possibility of more fund raising if all they had at the end of March, three months ago, was 1.267m
The share price dropped because of all the ridiculous predictions and hype that existed before and during the drilling of the X2 well at Lidsey. 300-400bopd to the 40bopd that was actually achieved. <br />There has been no news for months about the current flow rate from Lidsey. There was three weeks of work carried out recently at Lidsey. Who knows anything about that? If the flow rate was increased why haven't we had news about it.<br />The share price in my opinion is being driven by hype and speculation, plus maybe someone somewhere knows what's really going on.
Could be a good site but doesn't operate very well. The site has run very slowly in the past or couldn't be accessed. Now it's giving false share information. The percentage share increase for this share is indicating an increase of 43%, it should be nearer 15%.
There appears very little urgency to do anything about it. Not acceptable in this day and age with the technology that's available.
Google finance says that it's prices are in real time for those who need more accurate figures.