Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
As a very rare poster on here but I'm sure that there are many more like me who read the more intelligent posts on a regular basis, I would like to add my utmost congratulations to Magictrades for what is I'm sure a very well deserved and hard earned honour. Shall from here on acknowledge our very own Dr, Magic
NewKOTB, I understand your logic, but I think that we are far too close to the election for HBR to take a gamble on whether or not Labour will do as they predict or not. It's a gamble that they don't need to take. Also any package of NS assets at the moment is not overly enticing. Time will tell and no doubt many surprises in the meantime,
NewKOTB. I reckon HBR have their hands full and at the moment will be totally concentrating on their takeover of Wintershall, a company many times their own size. A brilliant piece of business incidentally. Also she has already stated that the NS at the moment is a no go area for them so I don't think they will pass more than a cursory glance over SQZ. Despite today's drop over there I am totally happy with their results and Divi
Hi Dip666, along similar lines, I placed a question to SD on Tuesday in connection with the joint ventures, which got asked around 40 minutes into the podcast. He gave a very diplomatic answer suggesting that he wasn't aware of Newmont's intentions at this stage but could be interested in whatever that decision was. Maybe just being very respectful of the partner and not wanting to divulge anything.
Maybe a very naive question and apologies if it has already been raised. Has there been any mention from Newmont about the joint drilling on our licences. If they cancel the agreement can we assume that we regain the 100% of those licences and would there be any cpmpensation? Maybe the likes of Bamps would have an idea or two. As I live in the NW, I shall not be attending on the 5th March but maybe someone could raise that with Shaun.
If my thinking is correct (and I get the impression that many others think similarly) then Mercuria are playing a blinder. The BOD now have the pefect excuse to either freeze the dividend or even reduce it, using the falling price of gas and oil along with the interest on the moutain of debt as their excuse. That will then encourage many more to abandon ship therefore reducing the SP and playing into their hands to takeover at a small premium to the share price. What a sad state this company has fallen into. Having been a continuos holder for around 15 years, my confidence in this outfit has never been lower, inclding when the shares hovered around 4p around 2014 or so. Having decided to reduce my holding after the takeover has turned out to be one of my better decisions, I just feel empathy for all those who have been relying on this company for their pensions etc..
Not sure about the market reaction so far, obviously not liked but is that because of the timing and way it has been announced, the fear of what happens next or just the pure knowledge of how Merc. operate.
From this being my largest holding by far, I am now more relaxed having dropped my holding to below 40,000 that stand me at nothing and showing a healthy profit on those previously sold. I personally fear what will happen after September when the 18 month period expires.
Very sad to see how this once healthy company has deteriated.
My figers are crossed for all long term holders, the power is with others.
Being a Lancastrian, I never managed to get to any of the Southern meetings so never had the pleasure of meeting Archways , but as most long term holders probably do, I build up a mental picture of posters on here. Archways always struck me as being one of life's gentlemen, a person who always had concern and empathy for others.My deepest sypathy goes to those close to him as they will now have a tremendous gap in there lives. If only others would be like Archways was, this board would reclaim how it used to be.
Tony 1957, I held a similar view to you after the Tailwind deal, when SQZ was my largest holding. At that point I did declare on here that I intended to sell out over the following months. I have sold the vast majority but for some twisted loyalty (probably because I have been a holder since 2009) have retained now less than 30,000. Fortinately I had a low average SP and came out with a good profit but seriously wish that I had acted whilst we were above £4 a while back, but as we are all aware we tend to be greedy when we are sitting on a paper profit.
My current holding stands me at nothing but realistically believe that I should be ditching those as I have concerns about Mercuria as time reaches towards the 18 month mark. I do now believe that other oilies have better futures and more open and forward looking BODs
However I do still wish all holders here the best of luck.
This is now very much like a jigsaw puzle and with the increasing speed of the RNS's it looks as though all of the outer pieces are almost completed. Just like a jigsaw, when the outer is joined up, there are fewer pieces left and it becomes swifter to fit them into their positions. Everything now appears to be lining up, patience is all that's needed. It's been a long wait but the end is now in sight.
This is now very much like a jigsaw puzle and with the increasing speed of the RNS's it looks as though all of the outer pieces are almost completed. Just like a jigsaw, when the outer is joined up, there are fewer pieces left and it becomes swifter to fit them into their positions. Everything now appears to be lining up, patience is all that's needed. It's been a long wait but the end is now in sight.
Reading this just highlights how important Munni Munni is to not only Alien, but also to Australia and the Western World. Our day will come.
https://www.australianmining.com.au/federal-government-releases-new-critical-minerals-strategy/
Apologies if already posted
Absolutely professional interview there Liam, guys like you help to educate those like me who can struggle to grasp some of the intracies at times
Also a big thankyou to panama amongst others for the precis on major points.
Well done and hopefully keep the close contact with Shaun
First purchase was on the 22nd April 2010 at 1.52p. They had recently announced what I considered to be excellent figures for the Tasmanian holdings. Added many more since and also sold at times but never been totally out of GGP. Also missed out on selling any in the 30s. DOH!!!!
BR, the time and effort that you put into helping so many of us is exemplary. It is the likes of you along with many other very knowledgeable posters that help us mere mortals understand and become better educated about our great GGP
dickupham, brilliant synopsis there, I too, since lunchtime have decided to even further reduce my holding in the future when prices hoprfully seem more attractive. I was "lucky" enough to reduce a majority of my holding when taxes were proposed and since continued, fortunately at far better prices than are now current.
This was once my largest holding and is now 4th, and now feel that there are more attractive oilies out there to invest my hard earned cash into. I had faith in the BoD early on, Erskine being a game changer, followed by the big one.
However they then seemed to lose their drive and possibly both ACW and MF are now just staying onboard to draw their exhorbitant salaries. This deal does nothing to inspire confidence that anything is going to change.
I shall continue to follow this BB, but as recently shall not be contibuting unless something "magical' happens, won't hold my breath though.
Very sad day!!!
Hi sasa, I totally agree with that view of yours, however from the way that Mitch was talking yesterday I think that he already believes that it's a done deal on the current terms. Depending how the vote goes, I really doubt that he'll consider changing anything.
Keep well and safe