Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes, they have loads of opportunity for new wells. The CEO sees it as a growth company.
I am in as I do believe they will increase production and the profits they are making can only be good. They have also started share buybacks. Gas is up and looking at the situation in Europe will stay high.
That's the issue and they are blaming schlumberger and covid for the delay in equipment. Seems to think with the pumps and compressors, 6000 or so a day is possible. They are making money and are debt free but they will likely spank profits on exploration as they have a declining asset.
Board doesn't communicate or self promote between earnings, which is a bit scary.
Not sure the market trusts them to deliver and are just waiting to see what Q4 and forecast is like.
Sorry cta. Compressors should also increase production. Here is the excerpt from the report.
It is expected that this and further compression will enhance production from current levels, mitigate production decline and extend field life
There are compressors and artificial lifts. The lifts are needed to increase production. If they have arrived and are installed, we should see a production increase in Q1. There should be reference to it in the transcript from the last call.
This I believe will see the price back north of 3p and possibly higher. IMO
Roxanne.. thanks for the videos Anyone lurking thinking they are just share/kodal propaganda, take a look as anything but. Have a watch as even if you don't agree with the picks/points made, they will at least give balance...not sire if this post will help or hinder but f*uk it...apologies of hinders
No idea Judge. Think they are going to have some stiff competition in years ahead though. This will hopefully keep prices of raw materials high.
“With such a high level of battery demand expected over the next decade or so, the raw materials that go into those batteries are potentially going to be in short supply,” said Stephen Brown, a senior director at Fitch Ratings.
All good for lithium
Tesla co-founder says EV sales are about to take off, but production could lag
https://www.cnbc.com/2022/01/12/tesla-co-founder-says-ev-sales-are-about-to-take-off-but-questions-whether-production-can-keep-up.html?__source=androidappshare
There was an rns about 6 months ago. Essentially dirrctors have been on reduced salaries and have tied bonuses into success. They will receive x number of shares at .34? If they achieve certain milestones.
Assumes they think .34 is cheap and if they exercise this right they will then be able to sell at profit.
Guys, correct me if I am wrong please....different time zone, in the pub.
https://www.nytimes.com/2022/01/06/climate/lithium-chile.html
Good for us I think.