Member Info for BlueWiley

Otd2 - that’s the billion dollar question: literally. Cavendish have a current target value at 38p if the next results are as expected. The question is at what point do the major players take Falcon & Tamboran out and at what price? 40p is c€500m and 80p is c€1bn… the directors have mentioned many billions in the past..

Https://www.reuters.com/world/americas/argentina-logs-first-financial-surplus-14-years-2024-2025-01-17/

Virtually impossible to buy any significant volume… the SP starting move like this suggests the stimulation is going well. Too many big hitters (Liberty/inGauge/Sheffield Holdings) now involved for this not to explode once the results start to be known.. Let’s not forget Bryan Sheffield owns over 10%

I’ll have a look ExT.

I know how she feels…

Mr Milei is definitely getting the rub of the green.. good on him!

Friends have a look at Falcon Oil & Gas’s last 24 months RNS’s, presentations and the bulletin boards comments and decide if it’s worth a punt as it’s getting exciting - I first bought in at 15p and todays share price reflects the delays at 5.85p with a market cap of £65m. It’s listed on AIM and Canada and soon to be in the US. It’s under the radar with hardly any volume and up 40% in the last 2 weeks. Is it about to come alive: Cavendish think so and have just released a price target of 38p. I’m a considerable holder. Worth a small punt. Thank me in Miami

Thanks ExT and Seb.. so there is a 68% chance we will get a decision without the need for oral argument and it’s likely to be Q2 or Q3 this year..

💥 40% up in 2 weeks on very little volume and hardly any stock to buy available .. thanks HardRock that's a really encouraging picture.

Top upped again today ..

Happy, Healthy & Prosperous New Year fellow holders

A settlement is in the bank - Trump Elon IMF and Milei all want this outcome as that’s a sensible business decision all round..

I think it will be c$4-5bn over a 10yr period - a fantastic result that everyone can live with

GTX - I agree 100%. BUR needs to drop the reference to the 4th pillar and focus on the proven solid 3 pillars.. the 4th pillar is in the bag and will deliver!

Price in US pulled down because of fed hawkish comments on interest cuts!

I’ll be adding 15k shares tomorrow

Argentina’s economy emerged from a severe recession in the third quarter of 2024 in a milestone for libertarian president Javier Milei in his bid to end the country’s long-running crisis.

GDP expanded 3.9 per cent from July to September in seasonal-adjusted terms compared with the previous quarter, marking Argentina’s first quarter of growth since it entered recession in late 2023, the country’s statistics agency said on Monday.

Compared with the same period in 2023, GDP for the third quarter contracted 2.1 per cent.

Thank you Wilfredo - opinions from inside Argentina are always very welcome on this message board? What’s your view on how and when Burford Capital & Mr Milei will make an agreement?

Momentum building £12 for Christmas would be nice..

Steady stream of buys above 50p - given the institutions c£50m shares sit at 49p this is not typical retail purchases

I think the reason for the fall is an institution reducing - we should see a reduced holding RNS. I might add again if it starts to settle..

The presentation …Look’s Fantastic 😂

Investors are bullish nonetheless. Argentina’s country risk — the premium over US Treasuries that investors demand to hold its bonds — has dropped from more than 2,000 basis points to about 750 since Milei took office, on growing expectations that Argentina will meet its 2025 debt repayments.

But Eduardo Levy Yeyati, an economist who advised the centre-right Macri government, cautions that Argentina has had “many successful stabilisation plans” that later failed.

Milei would need to succeed on growth, reserves and inflation at the same time, before “we can start thinking about a country that may no longer be stuck in that loop”, he adds.

“In Argentina, it’s always premature to call the end of the crisis.”

A week after the US election, Milei attended a Mar-a-Lago gala, becoming the first world leader to meet Trump since his victory. When Trump tipped Musk to co-lead an advisory Department of Government Efficiency to slash government bureaucracy, Milei declared: “We are exporting our chainsaw deregulation model around the world.”

If this turns out to be the new normal for a while, will Argentines eventually say, ‘I have suffered enough’?

Milei could use strong allies in the White House. While Argentina has relatively little importance for US trade and foreign policy, the US is the largest shareholder at the IMF, from whom Milei is hoping to borrow up to $10bn on top of the $44bn Argentina already owes.

Argentina’s agriculture, mining and energy exports have soared this year thanks to the end of a severe drought and the culmination of years of investment in projects such as Vaca Muerta, one of the world’s biggest shale deposits. Sica says those sectors and tech services “are clearly going to be motors of growth, and they will lift up the rest”, although they currently make up only 14 per cent of jobs.