Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Everyone knows this share is going to rocket as soon as there is any sign of the windfall tax being relaxed.
Even a price floor will send the sp flying.
Maybe not today, maybe not tomorrow...but in all likelihood, in the coming weeks...
“The last time this was done, a price target was published, which was $74 or $75 for Brent…If you look at average Brent price over the last five or 10 years, that will give you something like $60 or $70 for oil…so that gives you a sense.”
Rishi Sunak
Lower quality gas to be pumped into households to boost energy security
Officials relax rules in an attempt to maximise North Sea production
https://www.telegraph.co.uk/business/2023/03/17/lower-quality-gas-pumped-households-boost-energy-security/
Yes good point there SS17. Harbour has virtually no windfall tax to pay now. I think it is taking a while for the market to wise up on this. All money in the bank from now on and tax credits if they cancel the EPL prior to 2028 (when the oil price dips below $65, which is what Parliament agreed was 'normal prices').