Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Perhaps someone could explain why RMP is doing so well and we are in the doldrums. I may have missed something, so please indulge me. Last time I expressed concern the reaction was dismissive/unpleasant, so I would ask for the question to be treated as genuine and serious concern, not a question asked by some idiot.
Good evening F.B
I do not claim to be able to understand the technical information in the report, but your suggestion is certainly very worrying. Hoping for a LTH with a better understanding than I have to put our minds at rest. I am a LTH, and the idea it has all been for nothing does not bear thinking about.
God morning,
I have read the link MM was kind enough to post, and I have a question which someone could perhaps answer for me. The article says: "Work currently underway is expected to be complete in the first half of 2019, ahead of commencing farm out proceedings"
Does this mean the FO will not now take place until much later in the year. I had assumed, possibly incorrectly, DW was at a fairly advanced stage. I accept I may have the wrong end of the stick. Any help/guidance/correction would be appreciated.
I worked in the computer industry when everything was much simpler. I remember brown Bakelite boxes manufactured by IBM and referred to as OPD, or One Per Desk. A tiny screen fitted into a very large box. How things have changed!!
Good evening Brombarb,
As I have stated at the beginning each of my few posts, I have no experience of O and G. Your input has been of enormous value to me, and, I am sure, to others, although I am not claiming to be mandated to post on their behalf.
My immediate hopes are:
1) Brombarb continues to post. This is very selfish, for which I apologise. It will undoubtedly to add to my knowledge of, and confidence in, the company.
2) I hope the prediction made earlier this evening by neverstaisfied proves to be accurate.
Have a great weekend.
There has been a great deal written on this BB regarding the FO, ranging from "it is guaranteed by the end of 2018" to "it is a target which may be achieved by the end of 2018". It would be reasonable to expect some form of update on progress, or otherwise, in this respect, in view of the fact we are only a few business days away from the end of 2018. I am well and truly under water on this one, and no news is not good news. there is a big psychological difference between a news blackout for commercial reasons, and the feeling of being kept in the dark.
Good morning,
Attempting to interpret news and the interpretation of the news by posters. "The shortfall has been snapped up" and "The shortfall has yet to be placed" are fundamentally different. When are we likely to have some more clarity? It has been suggested, accurately, the SP will drift without news. Do not like being under water with no idea regarding what can happen next. Have stayed with this share for long enough to call myself LTH, but money is only flowing in one direction.
The statement I made regarding it being unlikely I would post again continued to be valid for almost long enough to make a cup of tea!!
Thank you to Stockdale for taking the time to read the post, and reply. The info is very useful. Has added considerably to my understanding. Much appreciated.
Good afternoon,
I am a LTH, but I have never contributed to the BB. Unlikely I will do so again. Have learned a huge amount about O and G from expert contributors. I will not name all the names. I am sure you know who I mean. Your posts have cheered me up and helped maintain/restore my belief in the company and the BoD. Have also learned a lot about human nature from people who believe they are experts. I am certainly lacking in both experience and expertise in respect of the O and G sector, but allowing for this, I read the RNS and believed it contained genuinely good news. As I am well and truly underwater at this point, it was welcome news to say the least. However, there has been no upward movement in the SP and the bickering on the BB is continuing unabated. In my simple world view, this news should be a cause for optimism, if not yet full blown celebration. I would be genuinely grateful if this could be explained. Please accept my apologies if I have missed something obvious.