Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Although very frustrating and I have been on a paper loss before, I think in the next 12 months your be fine, meeting today in Holland and hopefully rig/jts news and psc to arrive very shortly. Gl
It’s about risk:reward the board themselves have skin in the game and believe this could potentially be a billion pound discovery.hence why they didn’t even consider the fake bid .When it’s valued at say 30-40 million and funded throughout this year and early next no funding required imminently.The study programme is expected to be completed also by end of 2023.completion of the joint venture agreement between Upland’s wholly owned subsidiary Upland Resources (Sarawak) Sdn Bhd (“URS”) and Big Oil Ventures Sdn Bhd (“BOV”), the joint venture partners will fund. I understand things can go wrong but do you think upland would be deciding on rig selection if psc was not almost a certain.I believe they are in Holland now, be nice if they where in Hague (if you know what I mean) The board have been working with petros and I personally see the psc coming very soon.Estimates suggest significant hydrocarbon resources comparable to neighbouring billion-barrel Seria field with low cost low risk and high impact. Each to their own but this is a top buy at the current m/c imo good luck what ever you decide.
I think the shorts have nearly finished here, I suspect many have as the usual suspects have stopped commenting thank goodness , I think the price might steadily slowly then rise up on anticipation of news which could come out in the next week or two. Gla holders
You really are a silly sausage, they followed procedures and it was done by the book. They categorically turned it down anyway, shorters are worried as it didn’t drop as much as they wanted it to today. Psc will take this back over 5p imo
Best post today 100% fools, shorters and unfortunate novices will sell and move on at a loss chasing rainbows. I feel for newbies that got spiked but I don’t think they will have to wait long. Upland are very good at keeping investors updated. More news due
I would be very surprised if it went below 2.5p if it gets anywhere near I will be loading up,I personally did not want a buy out and it was just all unwanted noise. The real investors know the true value of block sk334. There will
Be plenty of ups and downs on the way but the true value will be in the next 12 months. Hopefully petros will approve the psc and shut all the shorters out. Good luck all true holders
That’s the thing the share price was moving along nice and steady before the fake bid, I don’t think the board have done anything illegal but have not covered themselves in glory,I am sure this will just be a minor blip and will soon pass. Sarawak I believe will be a game changer and will naturally push the mc up. I feel for people if they got spiked Monday as it’s happen to me before but people just need to sit and let’s see how the board react to this in the coming weeks and I am sure any drop will recover.
I have always said I want to see upland follow this through to the end, but this offer/false offer is going to give them some bad press short/medium term and the shorts will probably be back on it Monday. The end game is only 12 months away and there’s no denying they are on a potential oil monster.hopefully the newbies hold and don’t sell at a loss.
Very disappointing, I don’t think the board are involved in anything illegal but should have checked the offer fully before issuing rns, they have been conned here but luckily they categorically turned it down any way and had to answer to the rumours online. Hopefully it’s not that bad Monday and the company issue a rns to settle any jitters. It’s not aim but main market as well.hopefully people can still see the end game and don’t panic sell but I would thing some do.
Disappointed to say the least the board should have done there due diligence before issuing potentially offer rns, luckily I don’t think the market reacted the usual way to it does to offers.they have lost a lot of credibility with this fiasco. It’s a shame as was moving up nicely prior to this. The fundamentals haven’t changed but investor’s confidence might of gla