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12 Months?
Posted wrong link
Investor Meeting 34m
https://www.youtube.com/watch?v=4PlwQKvWeVU
I am a shoe shine boy
Seems to be a lot of novices in this stock all of a sudden. Should I be worried?
yes thats happened to quite a lot of people today my broker mentioned it when i asked about all the sells
added another 200k earlier ,looks to be showing as a sell?
Thanks Saint-Tropez
https://www.advanceplc.com/media/1070/advance-corporate-presentation-june-2021.pdf
Thanks saint-tropaz and thanks dai2belts again
Heres the investor meeting video I think SGF mentioned
https://www.proactiveinvestors.co.uk/companies/news/953797/advance-energy--on-the-starting-block--with-drilling-of-buffalo-10-expected-in-october-2021-953797.html
Thanks dai2belts
@Radika see thread "Convince me"
Started: Pickuzawinnah, 13 Jul 2021 22:44
RNS
https://www.lse.co.uk/rns/ADV/buffalo-10-drilling-update-3a9d6u1ws440m5k.html
Thanks Seagullsfan. Will do.
@Radika
There's a very good presentation which you can google which was recently created with proactive (I believe). It may be 20-30 mins long. If you're looking to invest your money, then surely you can spare 20-30 mins?
I am new to this share. Can someone give me highlights if they don't mind please? Thanks
Thanks all, I think I am learning about market sentiment and sp.
I think 10p would be a bonus, and 5p more than double which certainly is better than taking 5-10% every few months. On the High Street earning 10% will take close to a decade, 100% never.
6-7p A bit more reading about whats funded next, I struggle with multi-tasking..
Hello Dai. Nice to see you here, as well.
I, too, am no specialist so take my comment with a plate of salt.
IMO, the anticipated SP shortly before spud will depend on the journey that got ADV to that point. HeliumOne was an almost faultless sequence, so there's high confidence and the SP virtually quadrupled at its highest. If ADV can do similar than I think deepbluediver would be about right. Obviously they're two very different raw materials, but investor pre-drill is all about investor sentiment. For a margin of error, you might want to dink DBD's figures to the lower end 6-7p ?
Keep well, and I look forward to learning from the responses of more experienced oil people.
morning Dai
valuation is a domain on its own. there are many ways to cut it and argue.
from a technical (engineering) valuation basis, its all about risking the NAV and the argument is about what level of risking you apply at the different stages of project maturity. where we are at here is pre appraisal, funded. sp just before drilling?
Now without having to start an essay on valuation, most of the above becomes moot once the market answers this question - in this case, the capital raise done at 2.6p is what the market feels is fair value at the point of capital raise. Therefore my view the base sp is 2.6p and target sp ranges from 8-13p. Sentiment will drive the sp from wherever it is now / 2.6p towards target sp as we get closer to appraisal. where will it land just before drilling? i dont know but safe to assume it will higher than 2.6p but lower than 13p. my bet is around 6-9p. (It will be largely sentiment driven).
Please DYOR and dont listen to me.
10p maybe
I dont have much experience with exploration companies, just for ideas what price range do you see just before drilling starts, conservative values ?