Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My thoughts exactly, bread and butter revenue for the company to help to prevent any dilution.
These WO shouldn’t take long to complete.
Just checked and the oil price recovering well, close to $43 barrel.
Investors should use tomorrow’s Q&A session so get your thinking caps on!
It is good that they are taking questions in advance, usually there is quite a delay in replies, this should speed things up.
It wouldn’t surprise me if we get an RNS on Monday. Much Jews around the corner and if Argentina coming out of lockdown then we can get moving again.
Hopefully we give 1p a good test this week
GLA
Just seen this on Twitter,
We are collecting questions from shareholders from today via our online Q and A platform: http://yourechoenergy.com. The live session will be held on Tuesday 9th June 2020 from 12:00 - 14:00 when the team will answer your questions. Any issues: e-mail s.dees@echoenergyplc.com
I will review as we go along. It has been all about TA for me, the big one!!
I hold 1 million shares across my ISA and SIPP and need to look at a strategy going forwards.
If the next TA drill is commercial it could be a game changer.....from recollection the seismic only covers just over 50% of the entire TA block, so scope for much more.
It would be good to know MH strategy. We could do with an updated presentation going into H2 2020 and 2021
GLA
After a positive day trading let’s hope we can continue today, test 1p maybe??
Gas and Oil price looking better with news on the horizon, let’s hope it’s positive. Confident on PA, that would give a great boost
GLA
What has always baffled me is that it was stated the flow rates did not meet commercial levels, although the levels stated are higher than other wells I’ve researched, but we had no data to indicate the actual volume of gas in the reservoir!!!! That is needed for full valuation! Flow is just the speed it can be extracted! I have asked the question but it’s never been answered! You wouldn’t even bother taking this well further if the volume not there!! Any comments please!
I believe the company had to have a tangible asset to be listed, Bolivia was/is that first asset. In current climate like you say not much will happen at the mo.
TA different kettle of fish, it was always a 3-5 year plan to access the potential there. We are in that zone now. The first drill was not commercial flow rate, but they never gave volume from test data, seems strange that but it’s still on the back burner! If volume there then they need to raise flow.
But the Western Cube very interesting with the history as you state. Gas in the region we just need to find the big reserves hopefully. I’m still positive and TA is what I’m here for.
GLA