Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ammu you’re like the turd that doesn’t flush.
Every time a bad smell (re)appears round this share, there you are.
Should seize Russian assets and accounts and put all that towards a cost of living package for the most needy.
Putin has caused most of this either directly or indirectly so he and his cronies should be directly paying.
As Brent is higher, a 5% on top of the Surcharge would probably be reasonable as was formerly 10% higher when Brent was higher.
The surcharge can flex based on oil prices and that provides some certainty which operators can plan around.
Not the current Kangaroo court/Guardian hand wringing/Daily mail frothing at the mouth populist reactionary and distractionary approach
The LTHs want a repairer spike!!
Even better deal for us investors then!
Government gets to say it’s put up tax on energy companies, public get their tax scalp, none of the operators pay more tax!
Win win win!!
****ing windfall tax.
I don’t know why they don’t reinstate the reduction in the supplementary charge from 2015 if a increased revenue to the exchequer is demanded.
The taxation on the petroleum sector is already higher than elsewhere despite the comical profits made in tech.
I don’t know why new legislation is always called for when the existing frameworks could easily be utilised for the same purpose.
I’m not advocating an increase in tax but 1.) I would be an oil price driven reversion to the previous and 2.) ENQ would be well protected by our losses
Given the way the Chinese are a very mercantilist country, you’d expect they’d want to extract the utter maximum out of each asset. I’d imagine the hassle of selling assets individually would be trumped by achieving maximum value for each asset.
On that basis hopefully they would be for sale separately and ENQ could pick up a majority stake in GEAD and then further exploit the area to its maximum.
Must be par with ENQ cash flow just now?
US has now said the Migs deal is off.
WTF??
I wonder if Poland still gets the F16s?
Maybe it’s all a double bluff and they are currently being towed in to Ukraine by farmers as I type….
Jan have you tried pelvic floor exercises?
Good for holding the tide back, good for getting the little guy up.
Heard this from a much older friend BTW…
Thanks Jan,
I remember some of Repairer’s well timed calls as I’ve been in since 2015! Didn’t know he’d become KO though.
Luckily I’ve averaged down over the years so just hoping to finally get a good ROI with a nice KO spike!
Thanks
Jesus, that would cause huge global problems.
If ENQ would hit 200p I’d be a fan but I’m not sure we’d be at 40p by then!
I jest but the general point is valid.
Hope we start moving up (which we were all hoping for prior to this hideous situation) to a fair value
What happened to Repairer??
Romaron,
On that basis someone with photoshop skills in excess of mine could create an ENQ specific meme based on; https://amp.knowyourmeme.com/memes/pablo-escobar-waiting
Waiting for the 60p party!!!
Don’t joke about being arrested for owning oil shares, you wouldn’t want to give Sturgeon and the wee nyaff Harvey any ideas…..
Possibly not a bad outcome Strike.
Maybe then they’d shout from the rooftops about the cash generating ability of this company and the plentiful reserve replenishing prospects that require relatively little CAPEX to exploit.
Only fly in the ointment would be an offer price. You’d have to wonder what would pique the LT institutional interest?
I’ve opted to take the cash. There is so much shadiness going on here that despite the new board members etc, they are fighting an uphill battle.
Luckily I bought in at 1.2 so that’s a good return.
The whole defrauded by fake Qatari investors etc is like something out of a comedy sketch. Except it’s not funny.
Interestingly II told me as it’s an AIM share they do not automatically send voting emails to accounts so I have registered by intention to take the cash directly via secure message in teh app.
E121, here’s hoping the ESG uber alles cacophony starts to die down a bit - https://www.telegraph.co.uk/investing/funds/investment-star-terry-smith-attacks-unilever-ludicrous-focus/ - hopefully some green shoots appearing in that regard.
GL all
KO what do you think the catalyst for this move would be? Do you think AB wishes to reach a certain # of shares to recoup his 2014 losses?
I wonder what the other large institutionals ask ENQ regarding the news flow and terrible share price reaction? I suspect most of them have held since 2014 and before.
I recall the original strategy was along the lines of develop Alma, develop Kraken, flip for £3/share….
Lol damage their reputation!!
At least you’re honest.
Make sure you become a positive cheerleader once you’ve bought in, get the algos pushing upwards.
Exactly Jan.
The weaker viral variants are the ones that survive and become endemic precisely because they don’t kill their hosts.
This has been mentioned on the media several times by the level talking heads but then it doesn’t fit with the mass panic and control (if you believe in that) narrative that is being pedalled.
End result, more mass short term volatility in arguably THE key resource of modern human society.
I remember when oil used to be up or down for years at a time. Now the market value of the crude market changes hundreds of billions in a few minutes with alarming regularity.