Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Did anybody manage to watch today?
There's no mention of Bolt on the LSE page, though I know CQ confirmed they'd be there. I wonder if they're actually speaking or just attending?
The new rules don't apply to spac's that complete the RTO before 1/12/23.
IMO it won't matter anyway due to the revenue generated by Bolt. I could only find their results from Q2/3 2019 but that should have generated them $14 million for the year, $2 million profit. Assuming they've kept that up since they should be well above £30million mcap.
https:// medium.com/@ladyxtel/bolt-business-performance-q2-2019-20d74c462639
https:// medium.com/@ladyxtel/bolt-business-performance-q3-2019-dd12109668ec
It is looking good for the JV, I've no doubt it will get signed. It would be good to hear from JLP though, they've been silent for months now. Is this just classed as a small side project for them to help Colin Bird out?
From what we know of the stockpiles, tailings and dumps, JLP could pretty much start tomorrow and be busy for a few years waiting for BZT to get the mine sorted out.
I realise there's a lot of work to do to get their plant designed and sized correctly but it would be good if they could give us an idea of their expectations.
Possibly, but is that really a bad thing that should drop the SP? Oh no we've found a shed load of oil, quick, sell!! Personally I expect them to get a loan at very good rates for any testing required, secured against Duyung. I'm hoping, at least, we don't have anymore dilution until topaz.
It's nearly a year since that deal was announced. Think it was mid may? Are ProAxsis actually going to have finalised it?
I've read this kind of message tons of times and it's never come to anything. I think this time is different though! Huge volume on Friday compared to the last couple months, fingers crossed for a big RNS this week.
On 6/4 they'd spent 167mil of the 200. So can't be much left I expect.
Goza you're back! Can't stay away can you? Back in for a few more shares now the SP has dropped?
As for you being confused how my holding is small yet also potentially life changing, remember it's all relative! My small holding could pay off my mortgage if it plays out like I hope. Which to me is life changing after 15 years of mortgage payments and still at least another 20 to go.
You advised your lad to de-risk some but you don't think anyone else should be doing is what you're saying?
There's been a couple of similar posts in the last couple of days and I just don't get it? Are people suspecting others know more than were being told before the drill bit is even half way down? Impossible! Those that have done their research know the chances of hitting oil as much as those in charge here and them doing the drilling over there.
Personally, I'm all in until we hit TD! But then my position here is only small compared to most. If we do hit commercial oil then it will still be life changing for me, but if we don't I'll only make a small loss at worst since my average is 6p.
That still doesn't mean I think everyone else should be doing the same and not selling a bean.
Goodbye! For those that are still here, the SP now really isn't what we're here for is it? If you're not here for the drill results then you must just be here for a quick trade, so you won't be missed!
IMO we are still clearing the CLN, once that is gone we can begin to move up. Slow and steady hopefully! Then the GSA announcement, that should give us a few pence boost.
Nervous about what? As Craig said, LTH de-risking, probably still CLN still being sold, either way it's someone who wanted to sell some shares and they've now been accounted for in the SP.
Unless you want a higher SP yourself to de-risk before we know the results of the drill, then the current SP doesn't matter, we'll be £1+ in 6 weeks time!