The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I'm going on Josh's figures:
JoshCLSE wrote
138bcf (p50) would be 4.2b profit with a $58/250 (profit/sale) per mcf.
Someone ask DM how they expect to make decent profits on their PDF plant forecast.
HE1 PDF presentation page 16 states 350,000Mcf/year from a low capex plant costing $50m.
350,000Mcf x $58 = $20.3m (~£15m) Profit/year
NAV calcs
Blah Blah Blah.
Porky, I just like to point out the pitfalls for investors. (Anyway I'm glad the results are now out)
From the RNS today
In total 14 out of 18 licences will expire be due for renewal during September and October 2022. Based on their prior experience, the directors do not foresee any issue in renewing these licences in due course.
Very close to my other calculation
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HE1 PDF page 16 states 350,000Mcf/year from a low capex plant.
350,000 x $58 =$ 20.3m (~£15m) Profit/year
He1 fairly valued today IMO
$4bn profit over 100 years = $40m (~£30m) profit a year, no?
I'm still waiting Porky for you to show me where my maths went wrong?
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JoshCLSE wrote
138bcf (p50) would be 4.2b profit with a $58/250 (profit/sale) per mcf.
500bcf would be 14.5b profit.
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HE1 PDF page 16 states 350,000Mcf/year from a low capex plant.
350,000 x $58 =$ 20.3m (~£15m) Profit/year
He1 fairly valued today IMO
I'm simply going on the numbers JoshCLSE provided. Tell me how my numbers are way off ?
Are my maths correct? Am I missing something here ?
JoshCLSE wrote
138bcf (p50) would be 4.2b profit with a $58/250 (profit/sale) per mcf.
500bcf would be 14.5b profit.
-----------------------------------------
HE1 PDF page 16 states 350,000Mcf/year from a low capex plant.
350,000 x $58 =$ 20.3m (~£15m) Profit/year
He1 fairly valued today IMO
Buy buy buy. 80p by June. Better?
Yes skittish I accept that. Like I said I have been bitten before.
Noob67 name that company please.
ListenI hope my fears are nothing but I've been bitten before and lost about 3k. Once bitten twice shy.
I'm sure companies have disputed invoices all the time. I've never known such a delay in the release of reults because of it. I'm sorry I just don't like it.
Six Week Countdown From Monday - Yes RESULTS must be released by then, otherwise......
When are investors going to wake up to the fact that that Sealion is almost certainly going to happen now with oil now steadily above the $45 breakeven price.
Anwser: If RKH win their claim on OM.
If that happens I can see a huge re rate in the share price over the next year.
I've been cancelled by you cry babies. LSE just delete any complaints because they don't have the time to police the site.
Nonsense. It's just cancel culture.
Freedom of speech has been denied.