Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wouldn't it be absolutely marvellous if there was a product? Since I've been hauled over here, it's been a domestic boiler, a tie in to Volvo marine engines and now some hydrogen thing? If they put them all together then maybe there could be a sterling energy bitcoin mining machine powered from hydrogen........
With so much money/Bitcoin held as ‘profit’ when do I see my dividend?
Thanks Chop - makes me feel better. The miners sentiment does seem to have evaporated.
However that still doesn’t stop argo making even bigger margins on BTC.
Lordy Lordy didn’t see this one coming! I thought we were going to have a marketing update. Instead we get the board of directors behaving like a bunch of drunken drovers in an outback bar-nice one cobbers ………..and they’re trying to promote a premium mixer? A little more decorum please! Before we know it we’ll see David Lennigas fronting up the business.
OK can someone tell me how this works? If this 20% of shares hits parity with UK values, how do UK shares go across the pond - in bundles of 10?
Just doing some basic sums, 75 m shares on Nasdaq @£1.10 and 382 m shares on UK @£1.58 gives an average price of £1.50……….I know there are loads of factors that will influence prices outside the basic calculations, but all things being equal I reckon we’ll settle around £1.50 when the markets have adjusted. Anything below that price should be a buyer’s opportunity? Happy for anyone to trash my rationale for a better one.
Everyone have a laugh at my expense. Just about to buy another 2k and was hitting refresh until 16.29 when I got a call from my daughter and hit the sell button by mistake!!!
Wonder what I’ll get in for on Monday. Bl**dy iPhone. Or was it the operator?
ATB
R
As I stated previously, it’s either ‘dirty Dave’ or ‘marvellous Minchin’.
I’m in the dirty Dave camp atm.
R
Haven't posted for a while, but the bit I don't understand is why only 20m distance from the original drill? Is the lake bed strata fundamentally different in such a short linear distance? Someone here will know the reason..............
……..but today will be a tin hat day!!!
ATB
R
If this is the resource everyone hopes it is, then the verification process and sign off on the RNS will probably also include Tanzanian Govt. So even IF TD has been reached and IF it's a significant find then it won't be a simple wireline log and a couple of paragraphs from DM...........
Agent B very good!!!!!!
Ah closing price now says 14.5?
Aberdeenman, any thoughts on this retrace? Can’t see anything obvious?
And I can’t write!
Someone journo can’t distinguish between GB pence and GB pounds………oh well.
Thanks Aberdeenman, on reflection, you’re right it’s early days for a raise. I guess it depends ultimately on how ambitious they get?
Earlier poster mentions a new bottling plant. Unlikely I’d have thought-capital cost would be huge. Far cheaper to get it bottled by existing plants under sub contract/licensing agreement. Looking good though, and yes, with just 22m shares showing I’d think some sort of raise is inevitable, but having said that it probably won’t be through additional shares as the they consolidated 10/1 on the RTO as RNS’d?
All exploration shares are high risk. We have not had notification of a duster, another drill bit lost or abandonment. Neither have we had news of a positive wireline logging. That suggests to me there is nothing material to report to the market as at COP on Friday. Everyone has taken a position here, and we'll continue to see the T-trades come in and out. Subjective comments from anyone (including me) is just conjecture not fact.
This share in my judgement seems to be a good bet...........but that is essentially what it is, a bet with better odds than most.
Whilst shagged might be selling his 25 quids worth of shares this morning, a little update to steady the nerves wouldn’t go amiss. Having said that however, it’s only been around a week since DMs last interview. Don’t think I’ve been with any exploration miner/oiler that hasn’t taken longer than shareholders would like!