Member Info for Auson

SecretBlueprint,

Does that not also mean the UK tax credits Harbour are buying can be interchanged with Falkland Islands tax credits and used on Sealion production ?

Stevo12,

A better strategy might be to allow Rockhopper to keep its 30% but saddle it with high rate debt from the 'free carry'
I can't see an offer now being anywhere near 3 times current Mcap especially with the £60m tax liability to FIG

shortics reporting Rye Bay have closed short 3.53% to 0%

Dark_Knight2020,

They've got James Bond 1oz Silver bars at bullion by post for £35.28 all other bars are sold out

Ovets,

If they weren't interested it would still make sense to get UKEF and Navitas ready to go then sell their interest in it, as we all can see its worth very little in its present state !

lsetown,

The Argies are already mad and they will have the Israeli and UK Military to contend with if they kick off this time.

Anyone know which project this is ?

www telegraph co uk/environment/2021/02/06/major-brazilian-oil-gas-project-could-get-uk-backing-despite/

Muchaboutmoney,

If it was just an 'in principle' application why would they need this guy ? UKEF is 'good to go' INMHO
From 2019

'Irwin is currently leading the Bracewell team advising Premier Oil and its joint venture partners in relation to the limited recourse financing of the multi-billion dollar Sea Lion offshore oil field development in the North Falkland basin. This is a high-profile, first-of-a-kind, multi-sourced project financing. Irwin is also currently advising lenders and sponsors on a number of high profile limited recourse financings of renewable power projects in the EMEA region.'

'Premier Oil Sea Lion Development — representing Premier Oil and its joint venture partners in connection with the proposed project financing of the Sea Lion offshore oil field development in the North Falkland basin'

'Since joining Bracewell’s London office in May 2018, Irwin has contributed to the growth of the firm’s award winning EMEA project finance practice. He advises lenders and sponsors on the development and financing of cross-border projects across a broad range of industries. He also has significant experience advising on multi-sourced project financings involving export credit agencies, multilaterals and development finance institutions.'
www bracewell com/news/oliver-irwin-honored-2019-law360-mvp-project-finance

05-Feb-21 17:23:28 228.20 266,085 Sell* 228.40 228.80 607.21k O

How did they manage to amass that holding, volumes been low last few days.

They must have taken some from JPMorgans placing shares !

Hochschild Intercepts 31.55m averaging 4.9g/t Gold and 43g/t Silver at the Lara's Corina Gold Project in Peru
V.LRA |
www stockhouse com/news/press-releases/2021/02/02/hochschild-intercepts-31-55m-averaging-4-9g-t-gold-and-43g-t-silver-at-the-lara

Ammu123,

I think thats already happened.
Shorts reduced a bit in January also !

joshsmith,

You wish mate. Lufkin sentence is a big nothing for Petrofac I would laugh if he gets 2 years suspended !

I'm calling those two 500k trades both buys, Time stamp was different so not a paired trade and they only had the first 500k shares available at 12.83 the further 500k they had to pay 12.988

Panks2007,

I think yesterday was probably it. I can see a rebound to $27+
Gold has retaken $1800 this morning

HereKittyKitty,

From the trading update 16 Dec 20
'Financial position

Net debt (6) was US$272 million as at 30 November 2020 (30 June 2020: US$29 million net debt) reflecting the expected working capital outflow and lower proceeds from the disposal of the Group's remaining interest in its Mexico assets. Liquidity was approximately US$1.0 billion at 30 November 2020 (7) (30 June 2020: US$1.2 billion).'

HerKittyKitty,

You can't just quote a cash figure when there is net debt. There is no net cash balance. it is a minus figure.
There has also been negative cash flow hence going from a net cash position of $15m 31st Dec 2019 to a net debt position of $272m on 30 Nov

ROCKLAWN,

I don't think so its still 0.5%

E_AL,

That trade was Off Book so has been worked ( could be a buy or sell )

joshsmith,

Thanks mate I hadn't thought about any of that !