George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
With a road path to success defined. Finance sorted this could explode from this very low base once the over hang is gone. Watch this space.
JV being sorted as we speak
I knownthey read the bb sometimes. Latest is JBER.....the authorities are watching you :::🧐
Especially if they don't hold a current license to manipulate. Nieve if true
Certainly feel that the complaints to FCA etc regarding JBER conduct may have had a positive affect
It's fundamentally too cheap. This should be at finance 2.6p. So could turn any minute.
$45 a day....yes :::))
Regarding the JV one thing AM is decent at is getting O&G deals over the line....let's see
MCap £15M. When each oil barrel is valued at water then you know it's highly undervaued
In July??
How interesting - hope they get removed
In fortunes here. The ship is in order. Let's extract this oil. MCap is an insult which suggests plenty of upside from here. Three big hitters were off offline. Watch the miraculous increase come December
JV hopefully in November will be the game gamer. Anvanio now have the shares they want for this step change.
Hopefully the last of the big sells just printed 1.6p 25M for £400k. Let's move up next week now it's filled
Last time around April 2021 production went from 1270 to 2700 bopd n 4 months and clearly engaged pressure limits. Now all that injected gas would indicate that it will be exceeded in the same timeframe. By NY I think we'll easily smash 2,200 and hopefully 3,000 plus in 6 months
Still NT. 2.5p the obvious first target
COPL have been collecting and reviewing data on the Shannon unit for some considerable time. In 6 months with pressure issues resolved surely we could be up to 3000 bopd. Independent cash positive generation will happen
Then should move up. Think Avanio will let this breathe now.
GGS installed tick
Finance now sorted tick
Shannon field optimisation (in progress with pressure issues resolved)
JV (keep an eye on Denbury sign off due October end). If confirmed then new owners pipeline well be only 10km from ours.
In much better shape now.
Under promise. Over deliver
Evidence F1 for a JV in Q1 please?
F1 - where is your evidence for a J in Q1?
Personally think we are just filling the remainder of ANavio orders from yesterday then should go up to potentially 2.5p
That's his comment.
MCap with all the shares now £16M yet heading to profit with a JV for the non Shannon resource at an estimated billion barrels priced at zero. Moreover carbon capture credits potential - zero.
Under promise - over deliver.
"I am delighted to have closed this financing that now allows my entire focus to be on delivering increased production at field site through increasing Q4 NGL injectant. If we can bring production back above 2,000 bbl/d on average for 2024 it will allow us to fully fund COPLA for the entire year. We remain focused on progressing our discussions relating to the JV and look forward to being able to focus on delivering operationally."
COPL will be a viable business next year without the JV so shows independence.
Time for that signature as I'm sure the detail is agreed