Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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No the local takeaway
You ought to take something for that Nathan. GLA
Do you mean the stock market leader board - and rising!
No 9 on the menu
Imho wink
09.52 That would create fantastic buying opportunity at these prices. IMHO
ATB
Nathan. I got in at a very low price but I'm not selling as I know the potential. We have just been given the green light to exploit block XX, can't you read? Please don't reply as you either need to buy in, do some proper research or jog along.
Dyor
20p
Thanks Dinger. Numbers spot on, even using £/$ at 1.30!
Although I reckon everything else outside of Heron has to be worth more than 3p? So I’d hope for more than 20p.
I must be careful, I’m sounding more like WOS every day 🤦🏻♂️
Astro, there is a possible 3 billion barrels in block XX. That’s 15 Herons.
15 times 17p is quite a lot :0)
Mid to high 6’s today …7 would be excellent and set the trajectory for next week let’s wait and see
6p should be cracked shortly en-route to 7.30 May re-test
5.90 on the Ask
So 3 x if Petro China buys it.. ha was hoping we get more....
Posted this in May but is more relevant now that Heron has all permits in place.
Possibly worth noting that Petro China bought in to their production sites next to block XX. They agreed a $93 million dollar purchase of SOCO’s 85% working interest in Mongolia with the full amount being paid when 27.8 million barrels are recovered.
We have 100% interest and 60 million barrels recoverable which puts our asset at Heron alone between $200m and $250m for a buy out.
Taking in to account current mcap and exchange rates, a buy out of Heron would be 17p per share at the same deal parameters.
But block XX also has Gazelle and other targets yet to be confirmed so the very minimum price that should be realised currently even if Velociraptor does not deliver should be 20p per share.
Have a great weekend Yaks!
Just read and filtered Nathan91 . What an absolute plum .
Nathan it's high speculative stock just put the money you are happy to lose or win.
90 percent of investors here will not hold this stock for many years i guess...
short-term to med term company has oil and permit so good news. long term not sure who buy the oil or takes over it.
Some nice chunky buys rolling in . Will be happy with daily 10% rises . No more stress involved with this baby. Long time coming mind .
Good luck all LTH's
Nathan. You forgot the important stuff. The delay in getting through the governmental red tape has now been overcome and MATD can now capitalise on the Heron discovery. Go to the company website if you really interested and get yourself gemmed up instead of looking at the negatives. Then wait for the next news as the company begins to exploit the asset and turn it into cash $$$, lovely readdies! We have the discovery so buy in while they are still cheap.
• Two discoveries made in Block XX in 2019, Heron 1 and Gazelle 1
• Heron 1 flowed 821 bopd on test, the third best test rate ever recorded in
Mongolia
Heron discovery
• Heron 1: 821 bopd 44° API to surface
• 194 MMbo1
resource in place, 33 MMbo2
to >60
MMbo2
recoverable depending on recovery factor
• Low-cost appraisal/development
• Near-field exploration targets to be exploited during
exploitation phase with high chance of success, low
cost drilling, significant resource potential
If mcap was totally calculated on profits of companies, then 90% of London stock exchange would loose at least 50% value.
Majority of the companies don't make profits in comparison to the MCap..
It a predictions.
MATD NONE !
Egxnd3Mtd2l6LXNlcnAiHGZjYSBzaG9ydCBzZWxsaW5nIHN0b2NrIGxpc3QqAggAMgUQABiiBDIIEAAYiQUYogQyBRAAGKIESNUkUN8GWKkXcAJ4AZABAJgBZaABwgOqAQM0LjG4AQHIAQD4AQHCAgoQABhHGNYEGLADwgIHEAAYDRiABMICCBAAGIoFGIYDwgIKECEYoAEYwwQYCuIDBBgAIEGIBgGQBgg
Nathan you are trying to be clever imho but there’s too many on here who can see straight through you.
Negatives are fine by me, but you deliberately leave any positives out.
We have Aim companies with market caps exceeding 100’s of millions with no income at all.
Either you are trolling which I suspect you are or for your own safety where your wealths concerned you need to leave the building.
Ps off get some Spanish sun gla
5 p stock.... No revenue now . Price is right to me .
If there was revenue the price would not be 5p
Company find oil just need to dig it.
So what the problem with current company value?
Laughed out loud at that comment 👏🏻
As mentioned yesterday every 10% increase in Oil price adds US$40M to HERON NPV10 valuation.
Wolv 🤣