Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
O2B I'm not sure that ramping is helpful. This stock has caught a lot out, including me. I'm buying steadily at these levels also, but there's no saying it will move up soon. The trick with this company is outpacing the well depreciation, and the next thing to really increase output (that we know of) is Tunisia at year end.
The whole marketplace is poor atm. People are realising Covid is not going anywhere, and yes there may be further restrictions. Maybe I'm naive, but I don't think this means oil and gas demand is going to plummet again. We've moved past the 'batten down your hatches' stage of the pandemic. Ultimately the production of energy is robust, notwithstanding short term spikes.
O2B, the market is aware it will likely be a bit before news. I guess the artificial lifts will be the next thing. If we can even stabilise gas production, then we are very well placed for the Tunisian pump and Sancrai in a few months.
I invest long term, and see a 20MC company generating cash and with a low risk potential to significantly increase output. Unfortunately I've seen a few punters who have panicked and taken their losses, and I suspect that is a lot of the selling, coupled with lack of buys due to time-frames. I'm underwater too, but I'm not panicking.
My buy marked as a sell. When you consider the Romanian concession with all those targets. Such a pity we had the sancrai setback, but it does validate the theory that we are sitting on heaps of gas in Romania. I believe they will find a way to commercialise Sancrai. Add the tunisian oil and I can see this being a ten bagger in time.
Even if there are another round of covid restrictions, with winter coming natural gas prices should hold up nicely. A few things have gone wrong, & Senx are now making profit. Imagine when we get a few successes.
Do you know where I can view a recording of the presentation? Thanks
Yes that was my reading, because the previosu RNS was very upbeat at the discovery. Are they confident at being able to find a way to extract it will surely be foremost question tommorrow
I don't think you'll find too many to disagree with you there yrabs.
yes you've got me there Paddy
Yes envious of people buying in first time here. I've topped up, and have average circa 66p. I'm not actually worried from this update as things are progressing as I expected; the drop just illustrates the appalling sentiment, not the fundamentals, which are crazy undervalued at this price imo.
yet it drops like this, quite ridiculous.
Jegward, they would need news to get it above 2p. Nobody would participate in a placing at a premium to current sp.
Lol Cineworld with cases rocketing and government bactrack nearly inevitable. Loop is far better bet imo.
Brilliant stuff. Senx is going big.
I know it's flying well under radar, hopefully it will a bit longer.
Yet PL was boasting of 'small' market cap...
Hmm I still think we should be ok here with rising prices. Particularly like the Atome developments