Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Let’s wait till drill and results as we all know nothing is guaranteed here , if you are invested then it does not matter what here say is going on it’s facts that will change current position !
Nice to see chat activity but that does not move this without results .
LOL
I’m not voting till l see copy of CVA as who knows what agreed terms are ? Both sides have agreed to call it a day so there must be some juicy conditions in the CVA if they are all weighted on our side perfect ball in our court (mind the pun ) if not l want to see what was given up !!
My opinion
The important bit next is one how good are the results from 1st drill by us at Cinnabar ? Two if it is good what the cost is to produce at optimum profit to bottom line after costs taxes and royalties ?
Then if all is good or better l will be happy to promote what l feel as an active investor towards current position in my mind and not before , so for me all is on a positive high volume result and no more or less .
Basically BOD show us what is in it for us !
Do your best .
Ford
Opinion on strategic objective as l thought funding through growth was to seek potential like Aus ?
Otherwise why do we seek to further fund it ?
I think the objective is just follow next good news and no more at the moment but l have maybe lost interest . Aus would change the daily boring trades as it has potential to change us . That is what l was asking for !!
If Cinnabar is the golden egg then the share price is never going up to any investors interest just the BOD security . In my opinion
Ford
You mention that it could be that Aus is not John’s main Aim / objective !
You also mention Strategic objective , which is what if Aus is not the golden egg ?
Falcon should have been analysed like Cinnabar prior to major % investment in my opinion and given that Cinnabar has much more data involved and is a success? brings my question from your earlier post .
Would like your opinion ?
Would not have a clue ! Possibly traded at lows oil steady 90s and cinnabar coming on stream within 2 months fingers crossed ! Gas high in US and fundamentals don’t seem to be heading for funds raise! In my opinion . Easy 30 % if you have available funds in my opinion , but share price has never made sense here .
From operations RNS !
- Further workovers at Stanley are now planned in July, subject to rig availability, with the aim to further increase production
Has that been completed , as if they could not get rig for that they will be well behind on next drill ?
Info please BOD
The point of facts / info into a drill is a very tricky area as it is not confirmed till proven ! That makes statements at risk of historical embarrassment which let’s be fair we have had a few !!
We are holding a lot of cards on Cinnabar and that makes it a point of confrontation with shareholders that put too much trust in statements in the past ! Me being one so lot on this one Andy .
Andy seems very sure cinnabar will be a game changer and six figure sums from the same ! Low cost to get to cheque ! September will be the crunch time to determine the credentials of this statement and lm in support it will come to it , so few weeks to go if rig contract is signed . Casing issue is a worry but fingers crossed . Sounds good in my mind but will be happier when proven .
Well that gives some hope of interest as there are only £184 value trades today !!
We need a sweet spot not a dead spot so fingers crossed.
Watching a Facebook interview 2 yrs back l think they were aiming at raising 10 mil so l think that it would be higher now as costs have risen ?
If helium identified at initial start up this would be worth a packet ! But let’s get to the line first ,
There percentage in EP 155 is generous but they are taking the risks in my opinion .
Dobby downers !!
Raise to grow with order book growing , simple .
At least they are up front .