Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Chesh I remember your first post, and to be honest you have contributed nothing since that post, you repeat and regurgitate all that is out there and pretty much know zilch about industry as a whole let alone oil industry. LLL has valid points and so did Gunner et all . You are like Arsenal 121 , loads of likes with no information . How about posting something relative, easy one for even you is , whats our MK ? what should it be in a corona free environment ?
Bully good on ya bud hope you make a killing
Chesh, makes all the difference man 3 phase requires muscles , brawn and brains IMO , Single phase is just repetition .
I have topped up in last 3 days to bring my average down, now do you people really think that we are at fair value ?
Chesh, now you making stuff up , I am not in the slightest bitter, how can you even say that ? So are you domestic or industrial spark? easy question ?
Bully , what do you do for a living ?
You are picking one in a billion . good on ya .
chesh, I am still involved with two companies . and the last thing I needed was employees putting there jobs worth in when they knew nothing of what was going on. Are you a domestic or an industrial spark ? It does make a difference to me ?
So not one of you guys have ever run a company yet you give advice on how to do it ?
Apart from me there must be others that have run companies?
How many of you guys run or have run a company? just asking?
That's what happens GRQ , AIM wears ya down and when ya need some money it is almost always at the lowest basket price. Good reason for it though as people find money when a sp is rising and they feel comfortable but when it crashes and they need funds then they cash out . Just human nature I guess.
I have refrained from buying more although I think we are dirt cheep . Even given a failure at Saffron , we are still dirt cheep. I wont buy more and wont sell any and wait and see the outcome.
Bambs are you talking CERP ?
Daz, I just happen to know a lot about CERP and more to the point the infrastructure required . I have taken a back seat and read all that has been said and looked at photos and came up with my own conclusion as to where we are.
DAZ, you know me from old? I know my tanks and infrastructure and methods and what is and what is not .
I do enjoy Bambs posts and he is very enthusiastic which I adore , but , I like to go down the road of what is real.
Those 3 tanks cost a load of money to get there , let alone cranage and grounds works , which includes roads , trees felled, irrigation , embankments staved up , I could go on . The whole site had to be stable to ensure footage for a crane . its hydraulic foot print alone requires massive ground undertakings ok forget all of that and there is much more.
Who cares , You invest for BOPD not for what really happens .
GL
Bambs , forget google . Google is not the bible and is certainly not accurate in any way or description to any given vase so I fail to understand why google is the answer to any question. I have given you real term answers, not google answerers that can be given by 8 year olds.
I don't post very much these days , and there is a reason for it. After years of being here , I see same old rubbish being posted by respected posters that have just repeated same regurgitation for years.
Now Bambs is a well respected poster and I read his posts and sometimes I think , yes you know what you are talking about and then I read other posts and think why did you say that? Its like you almost have to reply to a post although you don't have the answer.
For example, the tanks on the CERP tweet would not have been off loaded on skids , that's just stupid. I have moved many tanks.
They would not be double skinned as a bund is required to hold 110% of any spillage , that would require massive tanks and massive costs compared to a simple concrete bund.
As far as I can see from pics, there are 3 holding tanks that then have to go to settlement tanks that then have to go to sales tanks. . None of these holding tanks came from Gourdron as all tanks at Gourdron were square.
LK did not install these 3 tanks on a whim, If he thought 1 was enough then bund savings alone would be significant .
Infrastructure , is not in place to make any significant inpact as the pipe lines that I see are circa 3" O/D which is circa 2.5" NB and not massively fluent re bopd.
Its still a waiting game for me and lets see.
Bambs , great posts but don't over do your knowledge IMO.
By some posters , Saffron has gone over budget ? how do you get to that ? you are not involved with company financials . Maybe saffron was the wrong drill and bod should be accountable if it fails ? are you for real ? You then said they should have done a shallow well to check out the geology and formations pmsl , and that would then transfer to deeper wells and deeper formations. I fail to understand how some people manage to get through life let alone invest in a company that they know nothing about and fail to grasp the simplest of theories .
Did they Peter ? You don't know why they sold or what they are investing in ? Their job is to make money! They still hold a shed load here so for me its not a panic time.
Don't be silly , their only goal is to make money.
They are an investment company and might see an opportunity else where to make even more money. As that is what they do .
It don't mean they don't see CERP as making them money. Just might be a better opportunity elsewhere and therefore they have cashed some in here to invest elsewhere for possible greater gains . That is there job and they would be wrong not to make that call on behalf of their investors. So all looks good to me.