Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I wasn't thinking of a dashcam on the rig truck. That could be hours or even days of footage listening to the chat.
I was thinking of a supply truck or something like that. I can guess they have had to plan a window when they will block the road for the rig and that plan is all important to everyone on the main road. Some supplies could already be on the rig but they will surely need supply trucks. One thing they wont need is freezers for the food I guess.
Best person to post message on this is Metamorphosis84
iirc he had quite good handle on it back in Jan. Not sure he was brave enough to invest in it in the last days. But message him if he is still here he probably is still up to date on it.
"Let me re-word it.
A few people who sold out looking to buy back cheaper are currently upset the price is not falling back. Therefore they are trying to push the old "placing is coming" story to get others to sell so the price falls and they can buy back in cheaper.
Same old nonsense................"
This is all very true. Some have already taken a position, some want to add to lower there average.
The words"topped up" should help you read between the lines and help you figure where they want the SP to be.
I think What is hard to grasp personally about the ASX is how entrenched at its SP of 2.5 or 2.6 it is. It never climbed 2 days like we had late DEC. I don't think any of us doubt the SP will be going up left to right. By how much and for how long is the difficult thing to say. But I have had responses that AIM is to be avoided from main market investors. And that a market cap of 300 or 400 million ludicrous. I am not so sure about ASX rules being tighter than AIM. (This is not a criticism of 88e as I can understand weather and other delays could cause undue pressure on the guys at the coalface ) If it were tighter I think they would have had to release information about the Ice road and we would not have to collect snippets from PMO and Oil news sites. I think the SP would have carried on above the 150pps had that been the case. People do rely on the RNS not third hand info. Look at PVR upshift if you don't believe me. BTW only 3 went positive that I watch today. The other 15 or so went neg.. by up to around 10% just to help gauge the backdrop.
I sincerely hope not.Some of those vessels are in excess of 1000 tonnes.
Reality is there a very new fleet, costing hundreds of millions. One company has already sold only a percentage of just one vessel to try and buy in at 18pps. With a assets In the many hundreds of millions and a market cap of tens of millions, it more likely a case of buying the forest than timber.
As Manyana said, quite rightly, lets hope that sizeable chuck helps keeps the costs down while we weather the storm.
Although there are some serious silver linings looking at the clouds. And yes with 2.5% pulling something off would be a huge incentive. Perhaps i's better it has worked out this way.
Thanks. But I think I stay invested. Hopefully several generations of correctional living will have curbed the criminal tendencies. There is one letter missing rom my nametag. If I tell you what the P and the O stand for you might figure the rest. Thanks for some of the replies. It was always my intension to come along and alienate long term board posters. It nice to see people take things with a pinch of salt and be serious sometimes. The letters P and O are Practical and Owner. The missing word is 2 letters........
Thanks for the reply. Wondering if to add PMO to a watch list for RNS was my first though.
As I said to my relations when they came over, as there Australians (bunch of convicts) had we better have double check they haven't nicked the drilling rig?
PVR and dirty laundry! Let move on to more pressing questions. Why did APEC backers have to back hand us 11million (that never turned up) to hand APEC 1 million? Why not hand it directly? Did they say it was about transferring large sums of cash? or did they try and say it was something about altering amounts of money in transfers out of China and delays?
Why did PVR have to effectively wash the money in this deal? I agree totally. Very welcome to see PVR dusting itself down and looking like weathering the storm for years to come.
"The Aussies are operating
Reading the rubbish in here can see why"
So does that mean news will come out through Australian media in general? or on the ASX exchange with 88e first? All the printouts will be upside down? Or they work for 88e and informed PMO that the ice road was well under construction?
I was just trying to find the "news path" for upcoming releases.
No please don't misunderstand me. I wasn't thinking of crew leaks, although that could happen. I was thinking that the reporting chain might be through PMO and to inform 88e. Rather than through 88e and then inform PMO. Maybe there are both on site? I have been there before where you jump in and out of something only to find you wished you stayed in. But to be completely objective I am sure there are others who wished they HAD jumped and be happy to sell at profit after not being liquid and holding for so long. 58% per month av would be nice, but with that in mind how many will turn up and be happy with 30 or 50%. So it's bound to be a rocky climb up to higher values. Did you have a new car in mind?