Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great news, considering we were told quarterly updates and this pops up!
The 3 wells not requiring the WO rig should be flowing pretty soon IMO !
Hopefully more of the same soon and hit that 40% target if not more :-)
It’s really making me nervous now! Why the delay, we are a small company and the accounts should be pretty standard and easy to complete.
I can’t see any movement this year, for an O&G exploration and production company we should be on a role now!!! Pretty poor, time for change
I think I’ve been in echo/irg just as long!! Really do need some material growth, the WO have been identified and costed, now is the time to get our WO rig started, I really don’t see any hold up now. Considering the fund raise for the solar project could have completed a few of them.
Gas is on a rally again today sitting at 7.7; minimum new contract prices will be double, considering futures could be triple, but being conservative my guess in between with 50-60% on contract remaining at spot price.
Only 2 weeks away, looking forward to the next few months with Echo….once the contracts signed off onwards with the Work-Overs. GLA
I think most are fed up with this share. Will it come good? Who knows….with the price of oil and gas more than double the low’s we just continue to decline and stagnate!! With a pretty silent CEO doing the odd bit of PR I struggle to see where and when this ‘share holder value’ will appear!!!
Very rare I post on this forum now, just sick of this share!!! Still holding as hopefully we turn around but don’t have the confidence as I used to.
PR the main issue, very little, very loose info! Great presentations but don’t see the share holder value increasing, which MH keeps saying, just decreasing. The 52 week low shows that!! With such a strong oil and gas price we should be cash positive! A question that has never been answered is what is cost per barrel? A fundamental in this game.
If it wasn’t for MH echo would be pretty much extinct now! I first invested here back in the irg days! Had the buzz when JP jumped in but never sold! Yes I regret that and paid the price for that!! Fi was out of her depth, the money burn incredible….then along comes MH. As far as I’m concerned he’s turned the company around and heading in a positive direction. Like most I’ve averaged down in my ISA not my SIPP, and need around 3p a share to break even across both of them. Fingers crossed with the news to date and going forward we hit that price and higher because I would like some profit out of this for all the ups and downs we/I have had here. GLA