The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Just in case anyone missed it from Monday: https://www.proactiveinvestors.co.uk/companies/news/938856/cornwalls-miners-are-moving-centre-stage-ahead-of-the-arrival-of-the-g7-later-this-year-938856.html
Just in case anyone missed this from Monday: https://www.proactiveinvestors.co.uk/companies/news/938856/cornwalls-miners-are-moving-centre-stage-ahead-of-the-arrival-of-the-g7-later-this-year-938856.html
Maybe three weeks to wait for the actual results?
Just in case anyone missed it: https://www.youtube.com/watch?v=vvaSm0ygsHc&t=10s
Richard Williams mentioned SML re the G7 summit in Cornwall towards the end of the following Cornish Metals video: https://www.youtube.com/watch?v=vvaSm0ygsHc&t=10s
22 mmboe hedged at $58/bbl for 2021 is hardly all the oil is it: try using a calculator given the 200 kbbl per day; given that break even price is about $35 / bbl this is a cash machine.
hydraides I advise you to refer to p16 in the guidance section of https://www.harbourenergy.com/media/qqcfslt1/210401-a-new-global-independent-oil-and-gas-company-april-2021-final1.pdf where you will find 22 mmboe are hedged at $58/bbl for 2021.
Amazed people will consider investing without even the minimum research!
The issue with China is largely their coal use: they are responsible for about 50% of electricity generation from coal fired power stations. Last year they increased their coal power plants by about the same as the total UK electricity generation capacity!
We do not know what the current spend is, but they started on a 2 year fully funded drilling programme a few weeks ago.
Interesting - not on twitter,but if you are, maybe you could tweet them that https://www.lexingtongold.co.uk/ is currently down?
The difference this time - compared to the Weald - is the much shorter time required to do the work and the much lower cost: and when /if success results, time to market is very short. It's almost like 10x leverage on any Weald play in 10th the time frame.