Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@Lexion,
Would agree that would all be very positive for the market, and perhaps best case scenario IMO
Am tempering my expectations for initial flow rates, but if it sounds like things will be ramping up in the short term that should push up the SP in a meaningful way.
With Monday being a holiday in Canada, not convinced RNS will appear Tuesday, but who knows.
GLA
Thanks Lexion for the morning chuckle with the ...blow the doors off RNS comment.
A two part question for the group...what will the Cascadura flow rate number be in mcf announced in the RNS?
And what number do you think the market is expecting, or will view as positive?
Anyone?
After this last RNS, I doubt they will issue another one until there is something positive to report to the market...that is good flow rates and nothing less. The market is up to its eyeballs in disappointments here...and they are quite aware of that.
For those of us shareholders who have been here for years, a delayed RNS has often resulted in a bad news RNS...at least to my recollection. Hopefully all will be good this time around...but it is understandable that anxiety and edginess exists with a few of us LONG term holders who have lived through the history of TXP
GLTA
Would be nice if this rise is due to positive results on going at Royston as this is the wild card which could go either way.
Good results there plus Cascadura coming on line soon could make for a heck of a July...fingers crossed and GTLA of us who have been waiting for what seems like an eternity for this point in time to arrive.
Their target price of 2.15 is essentially a triple from current level.
IMHO this may be a good entry level for new investors as Cascadura production comes on line in the coming months which will be a game changer for TXP.