Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes RT003, I'm as bewildered as you. HITS certainly adores the sound of the HITS 'voice' even though it resonates with snidy negativism. Sounds very smug... and I can imagine this person reading and re-reading the productions over and over again whilst wearing an appreciative grin.
I've had enough of the persistent bad taste and thinly disguised bleating and knocking and will now extinguish the source. Even a reasonable person can withstand just so much. It's so tedious and predictable. I need a break.
I have found the solution to my earlier query, whhich may be useful for investors in my situation. I telephoned Smart Investor, Corporate Actions and was able to give them instructions regarding my voting requirement (ie verbally). Using the MSMN websited proxy form is not an option for indirect ie nominee/stockbroker accounts.
I hope this helps others. Happy New Year to all.
Ref posting a vote on resolutions at the upcoming Jan AGM, using the proxy form. Please advise if I should tick the box to appoint the Chairman to cast my vote as detailed or leave blank. Couldn't be sure from the notes. Also, my shares are held by Barclays Smart Investor ie nominee, so maybe my individual vote is not admissable, in any case?? Thank you, anybody.
Good afternoon, PI, whilst tarrying on the subject of pedantry, may I include a dash of potential convenience for readers here? To wit, can we find another abbreviation for Simon Potter (no, seriously) in order to avoid confusion with the well-establsihed 'SP' for share-price? It is such an unfortunate coicidence.
ShareScare, still holding. Many historically poor decisions made by myself (RRL, LGO, CERP, BPC) have resulted in a sickeningly high SP average. Half a million shares.
Yeah, I know - join the Mug Club!
bobot
Isn't it Ozzie slang for a ginger-haired person prone to mistakes?!
'At least we can mow better assume' = At least we can now better assume
Thank you, joatman. That makes more sense to me. I wonder, therefore, where Sharkmoomin was coming from?
At least we can mow better assume that the Zone is there to protect the operational activity of IM specifically. I'm not sure if we can assume with certainty that the BG beaurocrats were not going to bother to activate the rule from the 24th December if no oil had been found at P1 (as may have been implied by some) although it is tempting to do so.............
Safety Zones
A Shark should know, I guess - but to be clear, what is a typical height (from seabed) of a capped off well structure?
I presume that a capped off, abandoned well that is never revisited, requires the Safety Zone to remain in place in perpetuity. Is that what you are saying?
I have no expertise in this area so would appreciate your confirmation. Thanks.
brynjon. Being picky but perhaps accurate, should the poster you referred to have stated 30% CHANCE of success, not 30% ODDS of success?
Would you agree that a competent trader should be comfortable with maths and mathematical terms?
Thanks for your sensible posts.
Also thanks to Starchild, bynari, sharescare and all LTHs (like me).
Check. Understood.
Thanks again, ShareScare
Thanks for that highlight, ShareScare. That was a rapid response. You are obviously well-organised and know where things are.
So, it seems, "the grant of a production lease cannot be unreasonably withheld" (subject to required current licence obligations being met) is the key factor and driver as far as my take on things is concerned.
Obviously other matters to be considered before then.
Very helpful. Thank you.
Putting all matters concerning legal constraints aside for the moment, I am trying to reach an understanding of where we will be in terms of commercial production permission/licence/contract, if we find oil in sufficient quantities in the New Year.
We are currently operating under the requirements of an exploration licence, I believe. Is there any form of relationship between this present licence and a production licence? Or do BPC have to apply (and negotiate?) with the Bahamian govt as a completely separate matter?
Do contributors here think the BPC BoD would prefer to undertake that application themselves before considering inviting bids from another oil company, should the matter arise, or invite interest at the point of discovery/data collection/analysis (ie pre-production licence application)?
I thought the subject might conjure up some interesting speculation and views on a quiet post-Christmas. pre-2021 day.
My share-holding position? I've been in for almost a decade via the shifting sands of RRL, LGO and CERP. The sands have always seemed to move in one direction only overall and I find myself in the resultant hole.
Let's hear what you think.
I wish all of you a Happy New Week!
An excerpt from yesterday's Twitter interview with Kiran Morzaria (on behalf of Cadence):
'Yes, we have. I think we’ve been all buying and it’s much more concerted effort across the board and I think it’s really important that directors show an alignment with shareholders'.
and:
'So, having directors aligned with shareholders, I think it's really important, and having directors contribute a large portion of their salary into the equity of the company and on market is also important'.
So true, Kiran. So very true.