Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
As the title says...sold. Last week to be exact.
Been invested in this company from 2011 (well BPC anyway). Quite a ride. Lost most of my money but it was a reasonable gamble for me.
Think this company is only downhill from now and I've just covered my tax gains for other shares with this one.
Good luck all and don't fall for biased non-objective posts from some members on this board.
Good luck MrGregg.
There's always some oil somewhere else.
I think it is equaly possible that some traders that made some cash over this week are not happy to risk their gains over the weekend. Does not have to be linked with any rumour.
IMHO
Thanks for the explanatio Cars...
:-)
So, my badic question is generally...we will have results on 28th but does someone have any timeframe idea on when could drilling be done (how many days before 28th)?
Just a thought here but I think it would be quite possible that this decision would be postponed for after the drill is finished.
That way court would not have to make any contradictory decision...in case of duster maybe they will rule in favor of activists and vise versa?
Not developing at all most of us imagined, I guess.
Was tempted to sell at 5p back in spring, thought it would be risky to sell than and tr to go back in later. Thought wrong...man I'll never learn on this oil shares that BoD will do everything they can to top up their bank account and not care of PI investment.
My guess would be if drilling lasts longer than expected (30 / 45 days) than additional lending might be required?
Just a guess
Potir,
Thanks for tat reminder. Confused some dates and cotracts along the way :-)
Would make sense to have Bizzel CLN available, in my view, as drilling is always risky and unpredictable and in case of any delays having option to draw quick cash is quite good.
I wasnt aware that BPC has to commit now in order to extend?
Low volume day, it seems.
Not a good day to buy I guess.
Thank you Star
I'd say no.
Tried to buy some at 2.52, no go.
Well....I guess no RNS, no price movement in the end.
Was hoping for some more action today.
No news is at this point perceived as bad news and will as such reflect on the share price.
As long as we defend 4p I'm happy.
Awaiting for RNS with some great news.
GL to all
sharehunter3, reason for my question is obvious. If this will happen I don't see share price going much higher than now that funding is closed.
On the other hand if that is not mandatory and alternative funding occurs SP might go higher at any time if funding options change.
Well, per BPC announcement conversion thru CLN at 3p per share.
My question is, is that now mandatory and will surely happen or is that subject to change if other funding option occur?
Can someone tell me if this placing of shares @3p is mandatory now (agreed alreday). Or can this change and they cancel it, for example if they agree on farm in partner terms?
Good point IK, one thing about BPC so far is there was no news leaks and any news coming out were always official and not speculative.
I seriously doubt that EA is rejected and that is shifting the price.
I personally did not thik this would go to 5p so soon. Glad it did. I'm so glad at this point that I owe this share.
Think this can easily double by the time we have confirmation on the drill date.