Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Pulling my hair out today but as a reminder lets look at the positives to make everyone feel that little bit better
-MF complete
- Fully Funded Drill at 100% ownership
- Up to 2b barrel upside
- Very Competent drill team and BoD
- EA permit
- Support logistic service contracts complete
- Drilling Confirmed April 2020!
Best of all we have some very loyal LTH who deserve this to come through!
And a BB that provides great debate and information
All of the above are facts!
I also think at this price you will see alot of people using it as an entry point and i have no doubt this will take off soon.
Just thought i would put this whole thing in a bit perspective while we all sit here a little nervy!
All the best and have a great day
Bonum- i want your lifestyle! Pub 2 days in a row!
I am also off to the pub this afternoon- just to take my mind off BPC by having a pint or 5. Obviously carona lager free!
Hi Keith
Of course, on this occasion i would love it if i was wrong!
I think we may have to brace ourselves for another turbulent Friday as every stock market will be taking another hit today i think...
Its important to remember the overall vision here and that is that we are drilling for vast amounts of oil in the very near future! With significant news stories to follow including a very likely farm in imho.
For anyone that might feel nervous during this time, please dont! The market is having a reshuffle and the drops dont reflect this stocks true value. This WILL come good again and WILL soar to new highs once this temporary drop is over with.
I know experienced holders and LTH will know all the above, so this post is to hopefully help anyone that is new to this or is wondering why this is happening. Please dont panic, play for the bigger picture.
I think today will be another day to just zone out from this and switch off the screens. Or if you a clever enough, buy at the right time as this will only bounce back higher than ever.
Good luck all and keep the faith!
Interesting in this interview simon says that contracts are secured with logistics boats and helicopters
Correct me if i am wrong but in the road to drill RNS, these were still to be confirmed?
Another frustrating day. The SP should be far higher that current given the news!
I will be turning off the computer today and coming back at close. What will be will be
But i have no doubt once the markey regains confidence and we get closer to the drill, this thing will take off
ATB
Certainly should see a BOOM bonum. In SP!
From the outside this news will look significant. However we all know that this was perhaps more of a formality giving what has led up to this with the MF ect
However i am taking no credit away from the BoD at all here. Yet again they have delivered and took us one step closer to drilling
Think your probably right prospect. I think today will have sorted the guys who are in this for the long run, and those in it for quick cash.
Personally i dont see why you would sell this stock at the moment. Everything is going in the right direction and imo the BoD have already proven themselves as competent in taking us all the way. I keep watching the VOX interview with Eyten and for me that says it all!
But hey, each to their own and you cant deny someone taking their bit when they can
Atb and lets see what tomorrow brings!
Good summary Bonum!
I think today is all part and parcel of this share and others like it on the AIM. The rate at which we increased was unsustainable given the levels of risk still involved here.
People will always use this market to short and take money early doors.
Although today wasn't pleasurable, i think it will serve us well in the long run.
I still think there will be an RNS tomorrow which will add more certainty to the drill and see our SP bounce back
Atb
I hope you all enjoyed the BPC rollercoaster today and hope you survived the big dipper!
This is just the beginning of this ride though, so hope you are all still strapped in.
Hopefully an RNS tomorrow will make us climb again. Rig confirmation would be lovely!
£1m buy posted :0
If only i had taken my own advice IK!!
I too bought more at 5.1p... thinking that was the shake. Until now!
Unfortunately i am at my limit here with my holding and wish i had more funds to put into this, but i have already sold up all my failing shares (taken large losses) and doubled down with BPC.
Hopefully my confidence in this stock may inspire others but DOYR first!!
Bryn- very similar situation to me. Would love to play the market. But happy to stick long at these times.
I have a low average holding of around 2p and i am happy with what i currently have (and could lose)
Atb
MMs playing on the virus news to make a few quid!
Welcome to AIM everybody!
Look at the volume!! Not even 10am
At the moment the markets are in a decline and we are following suit!
This will bounce back!! People will see how much money is to be made during this period and buy in strong knowing it will come back.
I sometimes think these world events are just an excuse to have a good shake of the market and make those knowledgeable and rich become richer.
This is the rollercoaster i have mentioned before, we are currently going down the big tipper... but believe me this will lead to another great incline
Atb
Good post Jim. You are correct the CLN is a baseline to get us over the line to drill, a good insurance policy.
But if BoD can get a better funding solution which gives us shareholders better terms, then why not!
I have full confidence in the board after seeing how they have got us in this position up until now, so i have no doubt they are making decisions with us at the forefront!
GLA, i am expecting to see some buying tomorrow and increase in SP with a RNS soon to come on Thursday imo.
EA permits and rig details please Simon!!
Any logical explanation? Or are we just putting this down to AIM??
If we remember last week we saw a dip in the share price on the Tuesday, followed by buying Wednesday with RNS and rerate Thursday.
If anyone on here is getting nervous i would advise you not to! Nothing goes up in a straight line!
Its difficult coming off a high or a big increase into a dip but keep sight of the bigger picture here and the facts we know.
We are drilling and when that happens these little dips along the way will seem like nothing!
Time to buy anyone? ;)
I am just missing “Rerate” and “various RNSs” and i have a line.
Keep it up bonum. You are the glue keeping us all together!
Thanks IK. That explains it
ATB