Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Now moving fast
On phase 2 works by the JV partner. That’s worth 250% of today’s share price alone.
Gains fairdealer? There will be next to nobody on this BB in profit at these levels. I don’t hold but exploration is not going to happen in the North Sea until the tax regime is sorted...There will be very little farm out activity if any in the North Sea as it is no longer an attractive place to invest.
It’s frustrating for LTH but all is not lost. If Blythe H2 comes in its highly likely to move to 10p - 15p and phase 2 is back on with a £65m carry. If the current tax system is looked at I can see this easily at 20p later this year which starts to create the company and prospects you initially invested in.
Totally agree with you. Where do you see shareprice on Blythe H2 success?
Nothing we didn’t know today other than this company has the potential to be highly profitable. There are risks and uncertainties buts that’s why these are 4.4p. Hit production levels at Blythe H2 and the story changes, where the bond issues are not a concern. Then they move onto phase2 with a £65m free carry.
Hopefully we are now re-rating to the next range. This share has been sold down way to far.
Also that’s why we are now at a £25m cap and not £150m. Blythe H2 is the opportunity to get back on track
The gas prices are double the 2021 average and Multiples of the levels this project was sanctioned at.