Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Pretty good interview, for sure. Emphasised the current extreme value BZT possesses and the opportunity for shareholders at these levels and backed it up with statements of each of the current projects under the company's umbrella. All sounds very encouraging. Probably gonna pick up a few more for the future.
Said he wouldn't sell Hope/Gorob for 7x the company's MCAP even if he got a direct offer now and finally some passion came into his voice while he was describing what he believes we have in the ground.
On that note, he does need to work on his communication skills, as has been said many times before! He's being interviewed to promote his company as CEO and to transfer the excitement that he feels based on this good news we've had today. Bloody share that excitement with your listeners! For example: He was asked at the top of the interview how he was doing today.
His response: "Eh. Fine. Not too bad."
Shut up, Colin. You're ecstatic to be sharing transformational news at a vital time and extremely proud to be heading such an exciting prospective discoveey
@james,
How are you even seeing my post? You said you filtered me last week, lol. Also, I am struggling to see how a simple question regarding Director Share purchases is spreading fear or doubt? Are you just constantly afraid or something? I literally acknowledged that 10% of their net income from ORCP went into share purchases in a pre-arranged agreement... Uncertainty, I can understand... Because we can't know what will happen at the end of September regarding board share purchasing... Hence the question... But that doesn't mean I was trying to lay a subliminal trap suggesting no director purchases will ever be made again? And surely you can't think its me spreading uncertainty by asking for CLARIFICATION from people who've been involved in this share for much longer than I have...? The uncertainty (I reiterate - uncertainty is not necessarily a bad thing - try and understand that concept) is from the wording of the initial RNS last year announcing that the agreement would go until Sept 2022. Don't shoot the messenger. I wasn't even complaining! I literally floated the possibility that in this time of potential extreme growth (hence why I bought in) its possible that they actually increase the purchase agreement quantities post-September... But no, go ahead and cry foul again.
Grow a pair of balls you intellectual midget.
Consider me gone. Interested new investors are clearly not welcome so I'll leave you to stomp around the playground thumping your chest in peace.
Always here? I've posted like 3 times on this board.
Why are you such an ********? (another question for you xxx)
Thank you very much!
Love the witty username, by the way.
Always funny to get an RNS to let us know a director has bought £150 quid's worth of shares, lol. Don't break the bank!
Jokes aside, I understand that this is part of a purchasing agreement and 10% of their net income every month.
Anyway, the purchasing agreement was for a period of 1 year. 11 months' worth have now been bought. What do you expect to happen next month when the agreement expires? A renewal / an increased purchasing agreement / no renewal etc?
What would you be most / least happy with?
Hi all,
Still relatively new to the sector so not the best at judging these results etc. but seems to me very positive RNS!
I do have one question about one sentence though: 'Two drillholes, HDP001 and HDP002 were drilled for geological purposes, not with the aim of intersecting mineralisation and hence are not included in Table 1 below.'
What, specifically, is meant by they drilled it for geological purposes and not to intersect mineralisation? I would have thought the main aim for drilling is always to intersect mineralisation...
Does it mean, for example, they were testing their model to try and define the boundaries of the veins etc.? I.e. They were pretty sure there would be nothing there and now they've been proven correct they know to focus the further drilling inside those geological holes?
Hmmmm....
That's exactly what somebody trying to cover up a conspiracy would say...
So for every 1 share sold on the market today, there have been 5 shares bought (a ratio of 5:1 buy/sell).
And this is on a day where at least one major broker is preventing purchasing of shares, for whatever reason, and there is unrest amongst EUA investors due to rumours of sanctions??
Something doesn't add up here... Surely we shouldn't be seeing both those things happening at once? What's going on?
Nice ratio of buys and sells going through so far today!
Had to pick up a few hundred thousand shares this morn. Got in at a good price as it ticked up straight after! Already above spread, haha :)
@james, people like you are so fragile and pathetic.
Thank you for filtering me. Leave discussion for the adults.
@james, you're really quite unpleasant, aren't you?
Thanks for the response AG
Interesting insight, Bahria, thank you
The feeling you SHOULD be getting is that I only want to part with my money once I understand what I'm investing in. Hence the questions.
I'd imagine it's a pretty common approach to investing.
@dan, @zan
Thank you for your responses. The one aspect mentioned that I forgot about was IP. I totally forgot that Oracle's hydrogen lead has 10+ patents. I'm assuming they must be planning to use one of them, otherwise there's not really any need to keep Oracle around. Don't really buy the 'they have the land' argument as there is a lot of empty land in both ****stan and SA. They do not need oracle's land to build a plant.
Hope that Dr Naveed Akhtar is getting a huge paycheck if his patents are the key feature for Oracle staying relevant!
@washers
I guess what I'm trying to say is that I just don't understand why Oracle are still in the loop considering they're a tiny company of 10 million MCAP and not going to raise any real capital to fund any projects...
In other words, if larger organisations / companies / governments are footing the bill to the tune of hundreds of millions to billions of dollars, what's the point in keeping Oracle around when all they do is take up a % of future profit?
Also, isn't the point of the CPEC to provide a lifeline to ****stan to get out of their financial fire straits?
@draft, this RNS and this green hydrogen project is located in Saudi Arabia, so not sure why you're bringing up ****stan?
My main concern is funding.
This company has a decent stake in two separate multi-billion dollar infrastructure projects, a gold project with infrastructure costs up to one billon dollars.
Yet it has a MCAP of less than 10 million GBP? Just don't see how it can be expected to raise the necessary funds without massive dilution over the course of years?
I'm new to ORCP and relatively new to investing so if anyone can alleviate my concerns / show me my reasoning is wrong I'd appreciate it.
@spank,
Nope - I guess you could say I got cold feet, haha.
I have been planning on doing so, but wasn't anticipating any news until next week. I thought I had time to decide how much / which brokerage acc. to use.
Though, by the sounds of it, there have been quite a few LOIs signed without much to show for it before so sure I can enter tomorrow with roughly at same price.
I am still interested in taking a punt here. I have more faith in the GH project than the coal or gold projects (which I have concerns about) but there's still money to be made here if you're savvy, I reckon.
Did we really need a 6th separate post alerting us to the fact a LOI has been signed?