Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
That's the link antonvb thanks thought I copied it wrong it's just wrong
Lol avoid the post been up all night with our 9 week old. Hopefully get a bounce towards end of day
Thanks for the correction.
The petroleum agreement that was signed by the leaders of Ghana, on behalf of the people of Ghana, after Ghana discovered oil, gave the right to the British company; Tullow oil to own approximately 35% of the total oil reserve. An American company called Kosmos Energy owns 25%, another American company called Anadarko Petroleum owns 25%, another American company called Sabre Oil owns 2% and two individual American-Ghanaian called Kwame Barwauah Edusei and George Owusu own 2%. The remaining 10% is owned by GNPC on behalf of the people of Ghana.
The recoverable reserve in Ghana is 660 million barrels of oil and 0.8 trillion cubic feet of gas. Assuming the average cost of oil per barrel is $85, and gas per cubic foot is $8, which is less, Ghana’s reserve can generate a $56 Trillion minimum for oil and a $6.4 Trillion minimum for gas, a total of $62.4 Trillion. Mind you, $ 21.84 Trillion will go to Britain’s economy through Tullow, and $32.448 Trillion will go to the American economy through Kosmos, Anadarko & Sabre.
@bucchusll I agree I would be slightly up if I stayed out at hbr I sold at 399p now 483p 21%, at Tlw bought 46p now 54.85 19.25%. If honest I was selling at 449p at harbour share has done well I may be back if follow raises and hbr falls.
So glad I have sat on my hands this past fortnight buying @46p this time 2 weeks ago , marching in towards 60p+ soon
Great break down on hedging many thanks deeko
Is it time to get out of dodge and come back soon can only see downward pressure to sp if the US release reserves
Many thanks for the link yellowstone
Can't see us building on yesterday's gain range bound 50-55
Webinar presentation on 29th March noon by Rahul.
Has an opportunity to address the FYR in more depth, appointments, Kenya ect
In the below this is money article it describes..
"Outside Ghana, the business forecasts expanding production at the Simba field in Gabon by 40 per cent this year following the successful installation of an offtake pipeline and a drilled infill well. "
Can someone tell me what the existing production at the Simba Field equates too. Many thanks
Joined Friday 2pm @46p blown away by Rns today. Where do we see this week finishing out , thoughts appreciated?
What's on the horizon for Tullow? I read Kenya mentioned near term and people talking about waiting till 2024 onwards
Analysts seem to like it
Berenberg buy 70p 15.03.22
JP Morgan buy 74p 09.03.22
Barclays buy 85p 10.03.22
Thanks Board I lightly followed a few O&G players and see great potential at these prices