Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"no nicktims, you're still not getting it. there is no policy that says a black person should get a job over a white person." your quote, not mine. in which case lets stop wasting any further time on semantics. best person for the job. and i don't care if that means all black, transgender, binary *******s, as long as, they are the best person for the job.
equally, you could argue your statement is ****** towards non white people. e.g. a black person got the job because they are black, not because they are the best person for the job. we all bleed the same colour,
In 2008 the technology was very different compared to today; they can extract a lot more oil or gas. The oil price is much higher now compared to 15 years ago. Large companies tend to pass old oil wells to smaller companies so that they can use the money for much larger projects. Smaller companies are generally better equipped to extract older wells. If you look at SERICA SQZ they fell to 6 1/2 pence and eventually rose to over 400 pence. They are now around 240 pence. Hope this helps.
Due to such a tiny capitalisation, a rights issue is a no go. A bank loan would be highly unlikely, might as well lend money for punters to go gambling in Vegas. A farm out is my best guess. As Prime Minister Askwith once stated "we shall wait and see"
Jamesthesecond. I share your sentiments entirely. However, this is the name of the game. There are always a lot of ifs, buts, and, maybees. On a positive note JA, being a large shareholder has a lot at stake and most likely wants to get this sorted out more quickly than me!
I would of course have like to have had the well drilled, with a great result and a corresponding share price! However, back to reality, at least we know how the well is likely to be paid for. Thanks for the update. See you next year!