Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So after the MOEFCC has signed off , has any body else got to sign off after them? Lol
love this bit making up for earlier "including the already-funded re-frac of the C-77H well.""
Aiming, if you making money why you are moaning, you should be enjoying
Do us a favour and don't bother!
He's a ramper lol
Looks like it, up she goes!
He sound like a Gordon lol!
Espen do me a favour and private message me if you are going to sell lol
Yeah it seems you may be right this time, but also last month only went to this level too, not your 0.15 !
Bradle , you said the same last month and it didn't, are you trading it again? Which is ok if you are, your choice.
I guess those people who think the share price is going down are shorting it right? Because if that's what you think , why wouldn't you? You certainly wouldn't have shares here would you?
Yes only a matter of time, then we should see the share price rise.
On hot copper it shows announcement of proposed placement for payment in lieu of director fees value £26500 about 20 million shares. I hope that's for Roland, so he has skin in the game.
Good luck Jasper, get well soon!
Someone wants to buy in at the .15 mark lol
Yeah it is speculation to give valuations, but I don't think there's any harm in people giving there opinions on the value based on the available figures and information.
Yeah I was still using the contingent amount, maybe I shouldn't but, I still see the potential of the 900 bcf, times by $1.79 per mmBtu makes about a billion pounds. Why would we get the whole value of the gas, there is still work to be done, you never get the value of in the ground , so I give a low value of 10 percent, I think that's average as far as I know.
So if it was a complete buyout of the Indian operations. How much is that worth. I thought at least a billion, so maybe we get 10 percent of that?
Thanks Gordon, but if we go by the definition of contingent resources, as you have quoted below, " those quantities of petroleum which are estimated, on a given date, to be potentially recoverable from known accumulations, but which are not currently considered to be commercially recoverable" the part that I was thinking about was the commercially recoverable bit, and as you say "increasing the flow rates to commercial levels not the total amount." Should still give an uplift to the reserves was my thinking.
So these figures you mention Gordon were last updated in 2015 as you say. Since then Baker Hughes has done the analysis and reckons there is a lot more potential given the plans, as far as I can see. So when we get those two drills working that should show a better estimate to correct amount, and I guess an uplift to the reserves.