Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am puzzled by the slight fall, perhaps some who bought in the OO selling to recover cash spent, be surprised if not blue by the end of the day.
betterupthandown,
Beware of this clown he has posted exactly the same as that idiot specialist on ADVFN so he is either a mate or the specialist.
Yes
Interestking,
That is most odd, I don't know how many you applied for but I assume your excess was substantial so the question is why did you not get them as the take up was 50%.
How can they say the book build will be complete by 8.00am tomorrow, I assume they know the shares are placed at 2p , if that's true why did you not get any further allocation.
Can someone explain to me the book build, sounds like this has been done prior, period.
Not sure if I have mine they are showing in my account with a 1p valuation
I would hope you are still here, most interesting to hear your views, ignore those who are not as obliging.
You either get up early or live abroad looking at your post time.
Anyway, I appreciate your comments
bon ami
Intetestking
Quick question, Are you 100% sure the open offer will be fully taken up. I am the basis being if holders didnt its all over. I just wondered if you had the same view as me and what was your basis for your opinion.
TIA
Morning Interestking,
Well sport wise an awful day for me England beaten and by a much better team on the day, Man utd woes continue, I hope the Saudis rumour is true and they have been bought.
Anyway back to BPC, my first and only near term poal is that the OO was a success, hope it is well over subscribed, if it is we drill and I see us rising to 9p or 10p pre drill, if we hit no idea what price but 70p plus, I would like after the OO a farm in and get cash back from the work done also reduce the risk, if that happens I can see us 16p pre drill.
I was a little puzzled by your costs, agree 25% royalty and $50 easily for oil price also 30% COS, I see you have a cost of recovery at $30 per barrel does that include royalty, if not that seems high to me, does it include amortisation of the drill costs. If not its 50-30 = 20X75% = $15 per barrel, not bad I guess for say 1 Billion barrels.
Interestking,
Thanks for that, I wasn't concerned been around long enough 10 plus years in shares, main interest by a huge distance is Empyrean Energy but I bought into BPC about 3 or 4 years ago nearly all at average 1.2p, I took up my full allocation plus another two thirds which as I said cash all went yesterday and shares showing as credited to my Crest account although not available to trade, I suspect they may be scaled back when total OO completed.
I am from Cumbria but intend to come to your drinks and a small sandwich party if still on the invite list !!!
I see price slightly down this morning, why is that, I would have thought it would be going up if the OO is as good as many think or am I missing something.
I see that loon has soon appeared on ADVFN just as soon as the price fell back.
Spiritefan,
As I said earlier I took up all my shares in the Open Offer plus another two thirds, the funds were taken today and the shares in full were credited to my account, question if it was oversubscribed would my excess application not be scaled back pro rata or at the end of the Offer will my shares be reduced and an amount refunded, I am puzzled how it works.
I can now see the full amount I applied for in my Lloyds account including the excess, no valuation against it and funds taken to cover at 2p.
Does this mean that the excess is required or will the funds be refunded and shares deleted from my account if take up is complete.
Morning,
Just to advise all my funds have just been taken from my Lloyds account, I applied for my allocation plus another two thirds, I assumed they would take it all and refund back if I wasn't allocated the additional shares. The logic being until all the brokers send it the requirements they wont know if it is oversubscribed or short.
Morning,
I have been a holder here for over 10 years and feel we are on the cusp of a significant rerate with 3 projects, China next year but Duyung now and SGC with Borba assuming we are in the drill. I have seen the ups and downs and its now time to grow significantly the market cap.
I would be very interested to hear your views.
TIA.
Today is a key date because according to my broker Lloyds funds need to be in my share trading account by the end of today to unable my shares to be taken up.
I applied for my shares in the open offer a few days ago however I received in the post today the letter, I hope most have applied online.
Well I have applied through my Lloyds account, I have taken up my allocation plus another 2/3 nice round number now.
Hi coopgare,
I posted your comments on the other board, I hope that is ok with you, if not I will remove it.
I am very surprised at no real movement with the share price, perhaps when they flow test and see volumes that will do it, have you a view.
Regards,
Stewart
PS and thoughts on the SGC Borba drill, personally I hope we are involved, it reads well !!
Interestking,
Those clowns are all over the ADVFN board, its now ruined, all I can see is the word filters, using numerous avatars, they must be certifiable, all day and night unreal.
Any views on todays interview, there cannot be anything new as it would need to be RNS'd although time yet, the tone and attitude may give us an idea.
That TW hasn't said anything else has he, not seen anything, I did buy yesterday.
Well I have just added
GLA
Intetestking.
Like your comments and buys, I will add on Monday up to 500k so well short of you.
Been here for 2 years and that last RNS was key for me especially after the shorters and TW.
By the way I am a Man Utd supporter. I would very much like a meal I would pay for myself lol