Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
3200 boe/d x 365d at say $80-85/b is $90-100m and is likely to be double in 2024. This SP will soon be moving :)
A lot to look forward to over the coming year, self funding--O&G Company's dream. Slight dampener with the formation damage that they should overcome over the next couple of months.
There is a new presentation out on the company website.
The co should issue one nr to talk about 2 to 4 wells...bodies well for 2023!
Good news any day hopefully
Due any day now (see last RNS update) so topped up another £1k just now. SP is bound to turn at some point
I can understand your disapointment. I personaly hold a solid position in Arrow with à long term expectation of getting dividends. It allows me to sleep well at night and not to worry about where the sp sits at end of every day. Don't get me wrong, I watch the sp way too often every single day but...at the end of the day, it doesn't matter. We're full of cash, printing more every day, we have no debt, we drill and increase production and reserves at an unbelievable rate of success and we have the best management team I've ever encountered and followed in my 46 years of market investor !!! Put my words down: there will come à time where you will tell yourself something like "I still don't get it but there was that time when people were selling way too much and now, it looks like everybody want to jump in at any price...crazy market !!!" And you will be smiling, proud of your smart investment. Sorry for the long text...had to spill it out! LOL!
To see the sp linger around these levels can only put it down to persons who exercised warrants selling just enough not to drop sp but stagnate any rise even after good news, just wonder how long it will last.
I made it a 40p SP at least so not far off in my estimate. Its true that all O&G stocks are currently fooked.
If you've got a classic car- same story, virtually not saleable unless you give them away.
This is not just common to AXL its all over the O&G boards with the exception of maybe SEPL which is only a whisker off its highs for the year that being due to an awaited deal with Xxon Mobile dyor
I don't understand the lack of movement on the price here at all.
Canaccord comment for 46p share price.
https://www.lse.co.uk/news/canaccord-genuity-raises-target-price-on-arrow-exploration-following-banner-year-4uz3tjg0tklc95f.html
Yep. Most small O&G companies would be creaming themselves over such a brilliant performance this year. Incredibly low valuation now.
Zak Mir’s RNS Hotlist comment at share-talk.com on AXL:
It beggars belief that after knock out production figures and hitting all its fundamental targets, shares of AXL remain where they were at the beginning of the year. We look forward to the company delivering its message more successfully in 2024.
I expected a better response.
Just...wow! Looking forward to marketing réception to these great financial results ! OS 3 seems to take a bit longer but all should be good for a real good year end!
Another onwards and upwards RNS. I trust the share price will now do the same.
‘ This acceleration in operational tempo is expected to continue during the remainder of 2023 and into 2024, funded by cash on hand and cashflow’.
Next 2weeks will be busy at Arrow. OP 3 will be producing...how much,this is the question. Arrow owns 100% interest out there...
Q3 financials will be released on Tuesday Nov 28th. Points Iwill be paying attention: cash position (10.8M at theend of Q2 from 13 at the end of Q1). Revenues and income (loss) fot the qtr (nice to develop and increase production but if that'd be to lose money (that's what almost killed Arrow not so long ago!)...show me the money!
Which is 5.67 messages a day,everyday for 48 years.
Yeah, but he's been on these bb's since 1975!.
Troajan nearly 100k posts?! I shall not ask how you spend the majority of your free time lol