Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Given these options are for the director who'll likely be leading commercial negotiations on things like farm out, buy out or any other realisation of the capital value of the helium asset it comes across very bullish. No chance they'll shoot for a commercial deal wherein it doesn't create SP appreciation in excess of the strike price.
Also the options are worthless if SP doesn't rise. The BoDs are fully aligned to ensure our SP motors north IMO.
Think we all understand the risks. If its a duster SP halves or more and we get a big dilution for a further raise to keep looking.
On the other hand - boom time!
Don't like the risk, go and buy a cash ISA
Personally, I was disappointed to not hear mention of "coiled spring" by Horult
Bring in the Asians and Europeans too. Roll up, roll up...
Create a buying demand for the offtake. If Elon were in the mix, it would be immense for our PR. Can you imagine the Twitter/X feeds, it'll go off the chart.
Helipad has been prepared as well at Tai. All set for to transport the VIPs onsite post discovery.
To include Elon and Lorna for an in person farm out agreement signing ceremony for He1 to supply SpaceX...
...can but dream
Once TaiC reachs TD a ~200bar pressure readout with >10% He in makeup gas flowed would be sweet! Can wait for more info from the appraisal into 2024.
10% has been detected in seeps very nearby
Bambi back to stumble about on thin ice
Trek, where's your £5 sign off gone on your posts?
Bamb's position here is like Bambi about to step onto the frozen pond.
Drill about to turn in Tai, meanwhile Bamb scrambling to close their short
Not enough traders here for this to happen, He1 propped up by an army of LTHs
Cybertron, you think this is possible with drill's planned up to start of rainy season or will we need to wait until 2024 for appraisal drilling (post discovery)?
I note that appraisal drilling is not going to happen until 2024. So whilst we may well get discovery at Tai and Itumbula, there be no confirmation on size of commercial resource until next year.
The leaks at Itumbula are like a scene from Beverley Hillbillies. Jed shoots the rabbit on his land, misses but oil starts bubbling up to the surface.
Good to see our new CEO taking us out of the quagmire that Fortune left us in. High time action was taken and pleased its now happened. Onwards and upwards from here
Rambo knows what he's doing. He even took out a whole Russian army whilst on horseback. So not scared of a fight and going against the flow.
Wyndrum, agreed PIs often kept in the dark and others know key information ahead of time.
Despite this I'm not concerned. No one knows with 100% certainity whether commercial heliums in the ground at Tai right now. The only one whose gonna answer that is our kick ass drill rig!
So happy to wait for a while longer for the answer
Happy with that, get the appraisal done at Tai C, finish the job, prove the asset size and deliver the value into the market. I'll be very happy with that as an outcome
If we get a discovery RNS in the next month or two and SP is at 10p I'll eat my hat