Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"You may say I'm a dreamer, But I'm not the only one .... "
Imagine news we all have been waiting for breaks tomorrow in addition to loan sorted, the EXTRA long BH weekend for the herd to digest & clamber for stock on Tuesday.... Assuming no suspension of course.
"Imagine all the people, Living for today", when tomorrow is all you need.
AIMO & DYOR
Mommur,
Morning,
The founders would of also received dividends for this 2nd tranche, paid in cash, upon issue of these withheld free shares estimated at ~£345,000 including interest of course ...
"Serica will pay a cash amount to the Seller equal to the dividends the Seller would have received had the held-back
shares been issued at Completion (plus an amount of interest). ..."
So ITH are in the process of another NS deal too .... hummm
aimo & dyor
Do they see a recovery or not playing out. For sure they will want another pound of flesh this morning and will work hard to sustain their profits, but once they start to close we will see a significant recovery in SP, not sure it will be as fast as some would like though, for me we are out of ICU and onto the main ward.
atb
aimo & dyor
Fact, unknown investor/s are IN.
This is a secondary placing, ffs ..... SECONDARY
Way over done imo, shorters would have opened positions yesterday on RNS and forced the SP down this morning, just need them to close out which I guess, given the strength of recent few weeks of our SP will not be long.
aimo & dyor
Https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Energy-and-Resources/gx-er-oilandgas-indonesia.pdf
The effective tax rate is stated as circa 44%
For £19 you could hop on a flight to Morocco from UK and see for yourself CHAR progress.
I'm sure there will already be eyes and ears on the ground that will manifest itself in the SP, shortly !
aimo & dyor
Absolutely, what everyone outside of the industry fail to recognise is O&G extraction is not like any other industry. Massive upfront cost, high risk and dedicate years of commitment as such all is based upon the economic value over the life of the field. Removal or even reduction of allowance will bring forward CoP and hence substantially reduce tax received by HMG. As we all here know, O&G extraction can not be switched on / off at will, once CapEx is cut / removed, developments put on hold the economic value becomes questionable so you begin death cycle of the NS, investment will simply move overseas never to return. This transition has already begun imo.
All for what, a cross on a piece of paper !!
aimo & dyor