Member Info for Canchat

Thumbs again! 'perhaps', not 'pehaps'. CANCHAT

Masterbaker,
I agree with your positive proposal to change the heading. It was sensible but, too many stuck with the 'No' heading, pehaps because they were either against the application being approved or they followed the 'No' heading like sheep.
Now some, no doubt those who would prefer the Planning Application [PA] to fail, have muddied the waters with the introduction of the term 'Fracking'. There is no mention of fracking in the Planning Application and the use of the term is a diversionary tactic by some on this BB. Too many BB members have fallen into the trap to comment on this unrelated subject. The PA, will be considered by Councillors on 17 March. They will either vote 'for' or 'against' the recommendation (to approve) of their Planning Officer. Last time COP26 was in the headlines; this time it is the sadness of PUTIN's invasion of Ukraine. We have to respect the decision of these Councillors although I am sure that they realize that a vote 'against' will result in an Appeal and an almost certain reversal of their decision. I believe that common sence and a realization of the longterm benefits to the local community will this time prevail.
CANCHAT

BarkingCrazy - If this was a 10 bagger why is not every PI buying?
The SP reflects the current opinion of the value of the company.
We can all dream but dreams rarely come true.
I wish you were right!
CHAT

Why has the SP fallen back?
It was 2605 six weeks ago, end 2021.
Any answers welcome.
CHAT

OilyG 09:45 well worth a read - CHAT

oops. 'Disrespect' - Thumbs to big - CHAT

GP, sorry that you are bailing out. No disrestpect, I hope you have made a bad decision and I and those remaining SH hope that the SP will rise in due course.
CHAT

https://www.brrmedia.co.uk/broadcasts/61e1613fe3976b4d1b2d73f6/reabold-resources-west-newton-test-results-update/
Agree with SMcN and Cloves WATCH
For others: - 'O thou of little faith, wherefore didst thou doubt?'
CHAT

Apologies for this: -
Omission Jan 2020 - SP1742
Jan 2022 - SP1857
CHAT

Q3 was diappointing; just +3% improvement on half time figures. So because Q3 did not reflect the first half of the year the analysts may be able to justify the current SP. So they got it right and yes, I got it wrong! I look at the AUM (which determines the dividend) and a good first half's performance in respect of the AUM did not carry through to Q3. However maybe one should look deeper. To get some balance let us look back to pre-Covid i.e. two years ago.
January 18 2020 - FTSE 100 7674.6 - Fee earning AUM E29.6bn.
January 28 2022 - FTSE 100 7554. - Fee earning AUM E58.2bn
So 2022 YTD has double the AUM figure for 2020! 2022 has better first half figures. Yes, we are not out of the Covid wood but can the disparity be explained? With a reasonable Q4 I consider that we are undervalued, DYOR.
CHAT

It sems traditional that the end of year NAV is alway delayed.
Last year it was not issued until 4 February.
CHAT

Wiltshireman and others - support planning applications if you believe in UK indigenous gas supplies. Too many locals vote against.
CHAT

Price monitoring Extension!
CHAT

You will not be able to buy at this price (1898) on 28 January after Q3 results.
CANCHAT

VHB - Thanks for your reprint of the RNS.
Yes I read that and came up with TWO.
ONE in the gas zone. ONE in the oil zone.
I almost thought that it was an error? Is it really possible to achieve those levels of production from one horizontally drilled well in each zone in what seems to be difficult geological materials?
Do you have any idea as to how long these horizontally drilled wells would have to be and at what cost?
CHAT

GP and others - I have read the 17 January RNS and the RPS statements (modelling). What I have not read is: - How many horizontal wells would be needed (in their opinion) to achieve the possible stated outputs? This poses the question: - How much money would Rathlin need to spend to achieve these outputs? Any answers/guesses?
CHAT

On 17 November following the release of Half year figures I posted - '
The half year figures were better than I expected and if you project these figures to the full year, prelims due in late May 2022 one can envisage 'Third party fee income' for the full year as say £420m+. That would result in a 25% dividend increase next year.'
In two months the SP has regressed 15%! My projection for the forward yield now is 3.5% based on the current sp 2005. TheI am not a chartist but we are now at the support level. I have a considerable holding in ICP but I cannot ignore this at the current SP. So more ICP bought. Even a trader would not ignore this share. If Q3 reflects Q2 then the only way is up!!
Am I missing something? the £/Euro rate has moved 2% in favour of the Pound.
Can anyone out there explain the anomaly? Fill your boots. DYOR.

For UJO RNS go to https://unionjackoil.com/news.
CHAT

Just click on https://unionjackoil.com/news for RNS.
CHAT

RNST,
Thanks for your message 12 noon Wednesday.
Somewhat overshadowed by today's RNS .
Still ploughing my way again through Equipoise's audit of Wressel, so long ago that it merits a re-read. Another CPR in the wings.
DB's upgrading of UJO's involvement in Wressel from 8.33% to over 40% was very shrewd.. Perhaps some more voluable posters might consume a small slice of 'humble pie' over Christmas? After all it is the season of goodwill! The next task for DB is to get the sp back up to 40p+. Let us hope that a couple more decent decisions will get us there? Today's closing sp does not IMO relect UJO's true value.
CHAT