Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
Hi Sasa, The SP is now only back in line with where it was back in January, when we had the pipeline problems and Erskine was stuttering and producing much less than it will be when there are no waxing restrictions in the new pipeline. Add to that the current price of oil and we are still plating catch up.
I am confident that BKR will go through, the clauses in the deal about Rhum protect us from any negativity from Trump's activities. We then have all the positives to follow.
As long as SQZ isn't bought out, we have so much to look forward to in the next few years, Colombus has been around for seemingly ages, but is getting closer. Rhum 3, if we are allowed to produce from there, Namibia, Total deal, Rowallan and with the cash we shall receive, who knows what other deals may be in the offing.
This company and it's Board of Directors just have to be one of the rising stars, taken many years to get here but are now on route to giving all holders a just reward, aimho.
Sasa, I agree that Erskine could be a driver of the SP. An announcement must be imminent that the pipeline is open for business and with the potential of in excess of 3,000 barrels per day to SQZ, we shall be banking at least $200,000 per day with the oil at current price and our all in cost of production in the low teens. BKR I feel sure is a done deal, provisions have been built into the deal if Trump does play bully boy with Rhum.
We should know within a couple of weeks whether a dividend will be paid as historically results are published in the second half of September. They stated in the past that they like to pay a dividend equal to 40% of cash generated, so if they keep to that, I believe that it will strengthen the SP.
Why oh Why do people even bother to reply to RTC. There are derampers who obviously have experience of the market and put time and construction into their deramps, you know who they are.
However RTC is like that annoying kid in the school yard who sneaks up behind little girls, pulls their pigtails and runs off in the hope that someone else will take the blame. He is just encouraged by the attention he's given. His family (if he still has one) deserve all our sympathy, just imagine what it must be like having to put up with an article such as him.
I agree that the fund raising was not only timely, but they have stated that it will be used to accelerate both BH and Hav.. From what we have already learnt, these could well be the ones that could create a bidding war, so it seams imminently sensible that they should be proved up so that GGP actually know and can confirm what we have . Firetower I believe could be the first to show a definitive total of what it contains, and now that we have £6 million in the bank (with a probable £4 million to follow) we are under no pressure to take a low ball offer should there be any suitors for it. So yes the placing was well judged, and not too far below the SP
Can't understand some peoples views and short term expectations. If you want an example of how long it takes to set up a mine, I suggest that you do a little research into GFM (in which I am also invested, and have been for ten tears). Maybe then people will appreciate the speed that this has actually got into production and producing an income, a profitable one if you take into account the gold that hadn't been sold at the end of the quarter.,