Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Taxi man - yes these are good comments. Cost for 88e would be around $130 mill based on PANR costings.
88e would need to spend about $70 million imo on more testing to attract that money imo.
88e has diversified to Namibia imo an odd move unless farmout or sale is planned imo.
Glam. I declare I hold 1.6million LT shares of 88e (small holding by my standards). It was and remains a LT speculative buy that so far has cost me about $10k. Not an issue and I have made much more ST trading this stock.
I have a much smaller holding in PANR.
I have not met and do not have any form of relationship with Scot126.
I have reviewed Scots mathematics on the comparative between PANR and 88e - they appear on balance correct. I invite you to also check his figures, I would be interested in your view.
I post negative because that is my interpretation of 88e.
I believe that 88e is screwing LT holders and as I am one I have the right to this opinion. By all means correct any information that I present.
Please tell me why you feel I should spin positive whilst the MD and therefore the board keeps diluting the stock?
Why did we diversify?
Why are we only testing two zones yet we drilled 5 all down dip with only flow tests done previously updip by pant.
I am nobodies stooge and post my personal views, you are free as some suggest to filter me, but cut the bull - your gambling not investing in the share market.
Let’s see: Oh yes …This should fly, oh my gosh to the moon. No perhaps…Wow this will explode
Grow up
GLTA and DYOR
Musk: Agreed in Lon you may see a bounce. Aus we keep it real. No offense. Lon could fly on this announcement but Aus imo will probably stay even. The afternoon session will obviously prove me right or wrong.
Expect Ashley to put out another announcement about something else tomorrow.
NS just keeping it real. I want 88e to succeed but realize there will be pain. I would like to see the relationship with PANR develop perhaps to the extent that PANR manage testing and drilling 88e Alaskan assets for a % or farm out.
Never satisfied. You still don’t get it do you!
25 billion shares
Possible consolidation
Comparative per barrel valuation skewed
If it goes up it will not be because of fundamentals, it will be because of emotion! Or manipulation. Even with a positive the sp is severely overvalued imo.
DYOR my personal views
GzlTA holders including myself!
Never satisfied. PANR we’re imo supposed to be observing. It looks to me that now they are active assisting and that they also provided assistance with bringing in a some additional active expertise.
This can only be good for 88e who have limited internal experience with flow testing (all those dusters). PANR have recent Alkaide experience and extensive practical knowledge of the geology
Imo it has already been factored in that both flow tests will be positive. Price will likely only rise on emotion. It certainly will crash if their is an unlikely but possible poor result.
Looking on the positive side PANR being so active means this relationship is maturing.
For those interested sp steady 0.0055
PANR are assisting - should be additive. New staff suggest they have brought in some experience.
It suggests to me that there were initial problems and PANR have stepped up to assist. The PANR crew have excellent experience with same geology, there team will provide valuable assistance, I just hope they have the right sands and screeds.
Sparky from HC just got this from 88e. Copy/pasted link for those interested
https://hotcopper.com.au/attachments/image-jpeg.6024332/?temp_hash=331e24a07e17e4246c91cbb53c94c33a
Aus 115 million shares traded avg 0.0055 to 0.006. Looks like some late positioning for the rns. 40 million in last hour (including after close). ASX 20% increase is easy to achieve so not excited at this stage - speculative
Musk: 14:46. Yes 1.6 Million LT for 4yrs. Originally held 7 million ( Sold down to this level to average down. I will hold these to 2026. Reason: I don’t want to risk further averaging down with a consolidation around the corner and poor management communications. In short I think management are screwing shareholders - but that’s a personal view.
DYOR. GLTA
Torino - no I won’t. I will keep calling out the blatant ramping rubbish that a few put on this chat. I actually enjoy doing it! Perhaps you should try posting something useful for a change!
SG: your talking rubbish. The flow test determines rate of flow - a necessary pre-curser to commerciality. It is not guaranteed.
What is guaranteed is that hydrocarbons are present. This flowtest will give indications of oil,gas, water ratios and is merely a precursor to a long term horizontal test. Granted 88e will learn a lot from this test. Do you honestly think they will develop it or will they farm it out - probably to recoup some of the foolish expenditure made on Merlin!
This share price is unlikely to. Make you rich - Have a pre planned exit strategy. DONT GET CAUGHT.
Ikhan. No I wouldn’t filter you, I’m too busy stopping you conning the newbies
Never satisfied: I guess you’re a problem gambler too.
Let’s see:
25 billion shares
Need to do a cr after this flow test
Company raised the prospect of a consolidation
uS$100-200 to develop Hickory.
Who are you trying to fool. Go back to kindergarden
Ikhan, this dog ain’t gonna bark. Stop trying to pump it. The price is already inflated , you are just encouraging people with gambling problems to lose money.
your full of **** ikhan - absolutely no one could believe your rubbish
Price is imo emotion driven should be around .255 on par with Aus.