George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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.... :-0
It had to be said... Im amazed we are not @ 7.5p right now..We could be in double figures next week if Buck gets his LP!
All just to expand on the TMK drills. They are all in the same area and apparently only 200 metres apart. The first spudded around 12th April and drilled to total depth of 375ft on time and without issues. The others will be similar. These are shallow wells and close together, one would hope that as the first was fine the others will go smoothly also. Velociraptor has every chance of spudding on time.
Be happy and punctual :-)
BP gladly filter me - you give nothing to this board.
Ugghhh I’m over it now, Dozz. Fortunately I’m thick ;-)
Or sure that be thick skinned.
Anyway, looking forward to MrP’s valuations this weekend.
SP has pulled back and is now ready for the next leg up, and my point is special certificate or not, news on the drill is weeks away which will support the next phase in this current uptrend.
Dozy -I had you filtered for a good few weeks but unfiltered you to see a comment you made that someone else had referred to. Happily you are back filtered as of NOW.
If the market has this priced in up front what do they think the number of wells will be and where did they get that figure from. I am just thinking of the SP between LP landing and Velociraptor results. Not thinking at all beyond that. So my thinking is between LP and middle end of June. it is very possible this share could go ballistic with hype and i do not mind admitting i will be out for a chunk of my holding before then and have a completely free ride to see where this share goes. Which bring on to another thing that has been mulling through my brain and will raise later on this afternoon.
After reading this I think when master posted some info of people in the field maybe it was to discuss the pipeline route as it is going into Matad area just a thought. GLA
Doc... don't rise to this one.
All very gibberish to me, I don't understand Mongolian.
Idiot doc thinks his opinion is fair on a poster here but others to comment in his opinion is not, his starts if the crap early doors and then gets pulled up on it then he complains like a beach, f off you waste of space, and dream on pulling the share price down 50% when it's on its way of transformational news you idiotic deramping moron, ok now I will let you talk to your self
canc - i agree was nice and orderly and it was a good to see after yesterday's toxic affair.
Then ID posted that he thought we could get news on Velociraptor spud within the next 3 weeks, which is a very feasible comment. As stated TMK who are using the drill equipment before passing on to us are bang on time with their timeframe. The drill pads are being sorted in May as per PM's RNS, so in my opinion there was absolutely no need for BP to call ID an idiot for an innocent post. BP's comment was toxic and uncalled for.
Curious - quite. I posted what I think was a fair post but regardless, it’s my opinion. I’m allowed one.
Thornogson then decides to stoke things as you say, and even start a thanking WOS thread to clearly try to antagonise. Nearly as sad as going onto other boards and disrupting them.
Truly, I have never known a board like this.
Ibiza28
Intelligent post. Partly agree on your simplified thinking but valuation comes as NPV10 which would value Heron much higher. Market is forward looking and prices in upfront. Research analysts have attributed "Risked" Valuation around 26.7p for Heron. If production profile exceeds management expectations just like for Heron-1 which came in at 800 bopd vs 500 bopd expected coz Petrochina first well came as 500 bopd.
Massive value currently unlocked which will be released soon after LP is done, coz then you can have "unrestricted cashflows" and the key variables would be: Oil price and Production.
More on future MCap and Valuation over this weekend.
Zavkhan province is west of our blocks? So this is not related?
Happy to be proven wrong.
Just an observation. It was nice and orderly here this morning, but some of those that protest about personalised and off topic posts seem desperate to stoke things up and provoke a reaction...
And if someone says odious things it's probably because they're odious?
You and Badprophet are really revealing your true colours today.
Oh and and don't forget....
Be wise and happy, but not odious Sir?
MisterP - BP supposedly filtered me when i kept calling him out and asking him questions that he would never answer, but funnily enough a post i put on earlier this morning he replied to it. Sad really.
Now the date is coming ever nearer hopefully to both LP and also news of Velociraptor and with that my mind has been wondering to what will happen to SP. There is no science to this so if anyone can give me a better idea then please do so.
The SP with no LP ( but LP on its way) seems to have found its level at the moment at 5p plus. It is generally estimated that this SP will double up on news of the LP in fairly rapid order. My reckoning is possibly within the same day others think i believe by the end of that first week. That would SP to somewhere between 10 -12p.
Now the $64k question is what will the SP do next and on what news. So are my estimates and rough (very rough rule of thumb)
1) DQE news of JV agreement and number of wells to be started this year. Every well will produce differently some a lot more easily than others. Some will have problems others will find it all a breeze. We will not know these for several months possibly not till Winter sets in. Therefore im;possible to put an accurate projection for SP but a rough idea i think can be used i think. Put very simply my estimate each well announced to drilled to exploit Herron will put a 1p on the SP. The sP is not going to jump on JV news from 10-12p to 36p just because of agreement with DQE so if we announce a 10 well deal the SP could well go to around 22p ie 12p on LP plus 1p for each well announced. That means that every penny or fraction of penny that goes on SP after that but during the spud of Velociraptor is part of the hype, expectation gamble on Velociraptor coming off. The question for all of us at which point is that SP becoming silly and top slice an amount off because when the news drops of Raptor results The SP will either tank or re rate significantly. So there will be a lot of us slicing an amount off before Raptor announcements. If Raptor succeeds the SP could well go straight to 30p plus if it fails then it will drop right back before coming back up to about 22p in the example above. After this all by this time next year the SP could well be looking down on 40p.
I'm out for the day so doc83 and if your chums curiousbloke wants to chip in them please do speak amongst your selfs because none here are listening to your bollks
Doc
Your posting style is same as Bad Prophet.
Same can be said about Doc and BP as same person !!!
BP keeps filtering every one on this board, but then keeping an eye out here as Doc83 maybe?
Just saying....
Doc83 you must be very very stupid to think that people here won't cotton on that you missed the 2.5p entry that you kep trying to pull the share price down to so you could get In since then you have been trying lol no luck yet
And now your claiming it will go down to 3p when we are about to drill the long awaited country transformational drill velociraptor, dude what are you taking and I would suggest don't make your self look any worse then you have
Have some shame for the non stop indirect deramping you have been doing, not even the stupidest person on aim would expect the share price to go lower to the run up to a massive drill lol we are at 5p it's hit 6p
Velociraptor spuds and I expect double here with LP on way unless it drops first and we are at 15p so much to. Come and you expect it to go backwards lol maybe invest some where else hahahaha
Awww … you guys .. thanks.
Anyway, look, these boards can be a cracking place for information and for discussion. And we don’t all have to agree.
I was in GCAT and genuinely a good board with many great posters. Useful debate is good to learn from as is keeping an open mind to things you don’t want to hear. If I listened to Hamm I’d have traded 4p to 2p and back!
Maybe you missed something - or like me - aren’t understanding something. I’m an engineer not a hedge fund manager so I don’t know everything! So keeping an open mind is a good thing.
Admittedly, we don’t know each other and traders will be posting to influence their position and it may not all be true. So when you find good posters that are trustworthy, well it’s gold.
But the personal stuff I struggle with. It’s just not adding anything.
Anyway, thanks for the posts, appreciated.
Moveonup.
Nice one. Like your name ;-)
This is my translation of what you posted. I note at the bottom it says this is not open to foreign bidders. Just curious!
ender number: ZADSZDTG/202312013
The administration of Dörvöljin sum in Zavkhan province has announced a tender to review and evaluate the compliance of the requirements and laws necessary to issue a new license for Hudag /Lot 4/. The tender evaluation includes the following packages:
Interested parties can participate in the tender by submitting a tender proposal through the online system, without paying any fee, and if they pay 50,000 MNT, they can participate in the tender evaluation.
The tender will be valid for at least [30] days from its publication and a tender confirmation with a price not exceeding 1,600,000 MNT will be issued.
The tender proposal must be submitted in the format specified in the tender document before May 29, 2023, at 15:00, and the tender will be held at 15:40 on the same day.
Is the tender open to foreign bidders? No.
Is a pre-contract award notice required? No.
The tender announcement specifies the total amount and the date on which the tender confirmation will be issued.