Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I don't understand how CHAR jumped the queue and got the use of SV-101 before SOU and PRD. I thought from last year's developments (cold stacking whilst the mud issue was being worked on) that PG and Lonny had a special relationship with the rig owners.
By my calculation just now, 6.194mn of the 10.75p warrants out of a total of 11.5mn have now been exercised. One more week left.
Thank you.
Still getting up to speed here. Is there a link to the Sunday Roast interview?
"That’s from the website and that’s why GMET are in line for a grant or grants relating to getting US tungsten production underway asap."
I see the potential here, but, I don't understand how any exploration company can be awarded a US govt grant for a strategic metal prospect, when it is just that, a prospect with no defined resource and not even an economic study yet, let alone a PFS based on semi-hard numbers and assumptions about costs etc.
I use as my blueprint the extensive progress Blencowe Resources has had to make with its Tier 1 graphite deposit in Uganda, before getting hard cash out of the US DFC.
I'm very sorry, Paul, that you have suffered mentally and financially by being a Lth of LBE, but, for Heavens sake, give the sour grapes a rest and think outside the box about what is being set up for the future of this company.
You will feel much better for the change of attitude.
i don't know who puts these rnss together, but they need a right ********** for lack of accuracy.
every shareholding/option award stated is totally confusing.
egap has 522,7353 shares awarded. is this 522,735, or 5,227,353? etc etc.
poor show.
Very succinctly put, sir.
Best to think of BR as an out of the money long-dated call option.
Surely the main action here will be drilling in Zambia. I just have no idea when it will start, despite the ending of the rainy season.
BRES is the place to be invested. In at the ground floor, so to speak. An unrecognised gem, still.
Only just come across this thread as I was intrigued to learn what has gone wrong with Bushveld this last year.
I am truly saddened to read that Pdub has passed away. He was the epitome of a fiercely loyal, long term PI. I don't know of anyone else who took part in the initial run-up and rally to 40p, and through all the subsequent decline. There was one other who claimed to be a LTH, BigBiteNow, around the same time, but he exited at a decent profit, I believe.
A great shame Pdub didn't live to enjoy the fruits of success justified by total belief in management. Life can be so unfair.
RIP, sir.
Is this finally the point in time when a bottom drawer investment becomes a darling of AIM?
Looks like your 18p by the weekend post went to plan, Nick.
Rayte:
"Anyway last post. Bye fellas and wish you luck. As I PI I dont like seeing other PI's make money"
What a nasty piece of work you seem to be...
A related question, which perhaps the Morocco O&G experts here can answer, is, given the acute demands on timeslots for SV101 by 3 separate entities - SOU, CHAR and PRD - why hasn't some enterprising drilling outfit already arranged to import into Morocco a second rig plus supporting rig crew? Right now, the one and only drill rig and assembly can be leased out at monopoly rates. The drilling outfit must be creaming it in, and clearly has no need to introduce a second rig to upset this cosy arrangement.
If the answer is that Moroccan import restrictions make it next to impossible to bring in a second in-country suitable rig, then I throw my hands up in frustration, thinking the Moroccan left hand doesn't know what the right hand knows (about the mega potential of Guercif at the national level).
Can someone please explain?
As per the company's Feb 20th RNS detailing progress made and forward planning for rigless testing in Guercif:
"Phase 2 rigless well testing
Phase 1 rigless testing information has confirmed Sandjet as the preferred choice for perforating multiple zones in MOU-1, MOU-3 and MOU-4 for rigless testing.
The Sandjet rigless well testing programmes for MOU-1, MOU-3 and MOU-4 will be finalised and thereafter Sandjet will be mobilised to carry out the testing operations.
Mobilisation of the Sandjet crew and equipment will occur shortly after Petroleum Agreement Amendment #4 has been ratified and all necessary regulatory approvals for Sandjet rigless testing have been received. The time framework for the Phase 2 rigless testing programme will at that time be updated."
Comment: I take it from the last sentence that the necessary PA Amendment #4 has NOT yet been received by PRD, so that PRD cannot progress the sandjet testing as yet, or else we would have been notified via RNS by now.
But it should be noted that on previous occasions, we shareholders were told we would be kept up to date and yet PRD changed the timetable, or a change was forced on it by circumstances. So anything could be the situation currently, given past experience.
Not to mention having a MOU-5 Well planning update.....
A new month starts next week, so I'm hopeful we will get a comprehensive Update RNS.
Presumably, if Covalis is still executing a large sell order, the rules allow that entity not to disclose until completed.
Why so, Bline?
Is there a date set for it?
Now, is this a Chinese "very experienced downstream SPG producer", or POSCO?
I still can't quite get my head round how the DFC would react if a Chinese outfit was the JV partner for a Ugandan SPG grade production facility.
Is there a new X posting by Mike today?