Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
ericnat17: you stated you "have all of my emails to and from JP in a email folder". If this is true than then that means either JP mailed you once, and you didn't respond, or you mailed him, and he didn't respond -since you have an odd number (7) of mails.
"They total 7 emails in 4 years"
If it was a duster I'd announce on a Friday. Gives me the weekend the skulk away. Let the natives get their emotive knee jerks out, then come back in on Monday to pick up the pieces and present the opportunity going forward.
Same way you do staff redundancies.
TE10 videos have stopped too.
Nuffink since the 5th. https://www.youtube.com/channel/UCE46N43vqv21OrEii1kNk5A/videos
GRH sounds nice enough and I'm sure he is, but who gives a stuff about Scotforth..?
Anyone can run a company check and they're an absolute tiddler with a website that looks like my local primary school (though hopefully a decent enough business for the handful involved). Based in Dublin.
There's about a million guys that will tell you they can sniff oil with divining sticks, satellites, heavenly spirits, modelling and God knows what else. I mean Jesus (and talking of Irish E&P -which lets be honest doesn't have a glowing record on AIM) anyone remember USOP? Some bloke sat out in the desert with a laptop rigged up to a turkey baster on the end of a USB cable -and they raised millions of PI £ on the back of that!
That element will always be there -"there has to be a magic way I can find commercial oil without all of the hard work and cost" (such as SOU have committed). Human nature, we're always looking for an easy option.
If GRH can so easily show all this data that would have your jaw on the floor and an erection in your pants -great, but then why hasn't Scotforth been able to monetise it to any half decent degree (so professionals)?
USOP guy used to say the exact same thing!
Hey Ian_ There was insinuation though not that there had ever been MEM content. As I mentioned, I could see it on ADVFN because 250SWB was promoting it there. I just couldn't understand why I couldn't see it here -the origin platform. This thread has answered that (thank you).
250SWB is a re-register handle. We can't define his heritage because he actively decided to hide it from us (with a shiny new handle (250SWB). This new handle spent part of its early life posting MEM content to ADVFN. You do the math(?)
GL in the weeks ahead. Lets get drilling as each of us line up to throw our hand of dirt into the grave of #soldonseismic
Ian_: that's a first for me! Printing posts and adorning walls with them. There have been many suggestions about what BB content might be printed and then used for, though as I say, yours is new.
It's interesting that MiddleEastMoney has apparently seen all SOU posts removed:
http://www.lse.co.uk/member-info.asp?nick=MiddleEastMoney
-258 posts and not a single one on SOU. However a search on ADVFN (again rather interestingly) shows 250SWB cutting and pasting MiddleEastMoney LSE content & reply to that platform -so I can see that indeed there were once MEM posts on LSE, intertwined with 250SWB. Hmmm.
I found it interesting at least to note that MEM claimed to be a commercial pilot, which may or may not motivate others to apply gravitas to his opinion on O&G plays (to the point that they're printing them out!)
As you say there's not much content from MEM though the ADVFN search did reveal MiddleEastMoney's imput on another sector play: MSMN. Positioned SEP15, at around 6p. It's similar in format to your printed SOU content and includes the forecast:
"Remember also the 4,500 bpd is just over half of what the facility can handle (8,000 bpd)
3,150 x 365 x $80 = $92m at ($1.55 = £1) equals £59m
Using a multiple of 6 to arrive at a Co Valuation
Company Value approx. £360m @ 177m* shares = £2.03
* Note further small dilution is possible*
No allowance for Gas, LPG or Electrical Production
No value attached to the $100m Facility
No value given after new CPR to add any Reserves
But you could assign $4pb but how many Barrels ?
No allowance for Murchison
Now be really pessimistic and reduce everything by 50%
Share price £1.01 or x 20 bagger on todays price
Or be optimistic
Assume Murchison is a reasonable success (mid NPV figures)
New CPR, adding some value
GAS, LPG and Electrical Generation add $36m pa
Share price possibly somewhere north of £4.50"
MSMN has yet to "fly" (sorry) to any of those prices, and instead has settled at 0.5p. One then wonders, if there might be another, somewhere out there, in the finity of the internet, with that MSMN post slowly browning with age up on the wall, blu-tac stains beginning to show through the paper.
...who knows?!
Good one, Partridge. Reminds me of this LSE classic from the Badile drill:
Manics - 31 May 2017 - 18:20:26
Post of the day, surely, on LSE. Another 250SWB handle one wonders?
Badile Webcam
Today 13:08
I don't know how accurate that Webcam is but I thought I saw some puffs of Gas coming out of the top of the rig ???
Guys I'm going to be real...
..these webcam updates are really starting to strongly suggest we might drill, just as our CEO has been laying out, crystal clear, repeatedly, for the last year. In FSC's. In presentations. In investor events. In writing.
How does LSE reconcile an apparent drill against opinion that SOU would never drill? Those opinions were so very firm, and over an extended period.Does anyone then consider CGI may be being employed here in an attempt to force the hand of numerous supermajors who are competitively eyeing each other creating massive industry buzz around Tendrara?
If they can do a moon landing, they can do a Moroccan drill imo.
Yet again another LSE guessing competition goes down burning with an incredible 99% of LSE getting it 100% wrong. Only one poster (trellis) correctly called there would be no GSA, as this mornings RNS confirms. Contrary to JP's earlier suggestions, and statements posted as fact on this BB, they haven't even meaningfully approached its definition as yet. Still too many variables.
250SWB: The problem you're having is that The Window has completely compromised this, your current, (though not necessarily latest) handle. ...just as I forecast it would some eighteen months ago. The Window showed us that you fundamentally have no idea about what you're talking about. You have no idea about process. Timelines. Staging. To position The Window as delayed is laughable. It has expired. Twice -once for each of your permutations of it. You're apparently now reaping just 20% of the upvotes this once uneducated BB might have afforded. After your early summer meltdown LSE directed you to preface your posts with "all in my opinion" and listen - I think it's great you're doing as you're told, though each time you do it's simply flying a flag which says "I've posted so much tripe, I have to include a special tag in my posts" It is sad though the moment long ago arrived to re-register, and with time on your side it's plausible you could build a new following ahead of TE9. All the best, whatever you decide.
I would say read it again, though it's been removed! As an investor, try and see things from as many angles as you can imo. There's nothing wrong with subjectivity. Nothing anyone posts will change millions of years of geology imo. Acta non verba!
again!
What we have here imo is the potential for an oil shock, never mind a spike. We've gone beyond the buffers. Demand still is going crazy. Market realisation that that's it - we're at capacity, could be a powerful thing imo. I see oil rising still next week driven by the spotlight on capacity which Trump has inadvertently forced.
Must be those evil MM's hacking the BB so that they can relieve us of our golden tickets.
..or Repsol paid LSE £XX to go dark so that they could build an equity stake in SOU.
..or the King of Morocco used international diplomacy to shut LSE down preventing TE9 overheat.
..or James issued a high court order because someone on LSE was actually accurate with market sensitive data.
LSE shutting down for 24 hours. Clearly this means something is going on at Sound and it wouldn't surprise me if we were sold next week imo.