Member Info for Cevodniya

Gbholds, as we all know a 6p div was paid this month .

That cost, I believe £500 million.

The share buyback is costing £1 billion.

Therefore, with no share buyback the dividend could have been 18p for the same cost to Rolls-Royce.

I'm sure the average share holder would have preferred that.

timmy, so iran only has 135 years of oil left at current consumption levels.

do you ever think before you comment?

estimating how long iran or any country will "run out" of oil depends on three key factors:

1. proven oil reserves – how much oil is officially known and economically recoverable.

2. daily production/consumption rates – how much oil is extracted and used.

3. future changes – new discoveries, improved extraction tech, shifts in demand.

🔹 iran – oil lifespan estimate

proven reserves: ~157 billion barrels (2024 est.)

daily production: ~3.2 million barrels/day (2024 average)

annual production: ~1.17 billion barrels/year

estimated lifespan:

157 \text{ billion barrels} \div 1.17 \text{ billion barrels/year} \approx 134 \text{ years}

➡️ iran has about 130–135 years of oil left at current production levels.

---

🔹 other major oil producers (approximate lifespans)

country proven reserves (billion barrels) daily production (mb/d) lifespan (years)

venezuela 303 0.8 ~1035

saudi arabia 267 9.5 ~77

russia 107 10.5 ~28

usa 68 12.9 ~14

iraq 145 4.5 ~88

uae 111 3.3 ~92

kuwait 101 2.7 ~103

> note: these are static estimates. real-world longevity may be extended by:

undiscovered reserves

enhanced oil recovery techniques

shift to renewables/electric vehicles

geopolitical factors

sairfact, timmy never thinks, he just talks absolute ****e

Timmy, so Iran only has 135 years of oil left at current consumption levels.

Do you ever think before you comment?

Estimating how long Iran or any country will "run out" of oil depends on three key factors:

1. Proven oil reserves – how much oil is officially known and economically recoverable.

2. Daily production/consumption rates – how much oil is extracted and used.

3. Future changes – new discoveries, improved extraction tech, shifts in demand.

🔹 Iran – Oil Lifespan Estimate

Proven reserves: ~157 billion barrels (2024 est.)

Daily production: ~3.2 million barrels/day (2024 average)

Annual production: ~1.17 billion barrels/year

Estimated lifespan:

157 \text{ billion barrels} \div 1.17 \text{ billion barrels/year} \approx 134 \text{ years}

➡️ Iran has about 130–135 years of oil left at current production levels.

---

🔹 Other Major Oil Producers (Approximate Lifespans)

Country Proven Reserves (Billion Barrels) Daily Production (Mb/d) Lifespan (Years)

Venezuela 303 0.8 ~1035

Saudi Arabia 267 9.5 ~77

Russia 107 10.5 ~28

USA 68 12.9 ~14

Iraq 145 4.5 ~88

UAE 111 3.3 ~92

Kuwait 101 2.7 ~103

> Note: These are static estimates. Real-world longevity may be extended by:

Undiscovered reserves

Enhanced oil recovery techniques

Shift to renewables/electric vehicles

Geopolitical factors

Doc, I did manage to time that small drop pretty well, I picked up 571000 at 17.40p.

Doc, that's the problem mate and exactly why I don't day trade.

We all know it will pull back but ftom where, how much and how long?

Buffett clearly says "it's time in the market that's important, not timing the market".

Who am I to argue with greatness.

Phuketpunter you are welcome.

Imagine if the MRE comes out when I'm in Patong.

Suzi Wongs 1 won't know what's hit em!!!!.

Looking forward to seeing Dougie at Wicked Bar and Steve at Heroes on Bangla.

Fiddy I'll catch up with.

Draught beer is great in the Summer Breeze.

Peakdread, yeh ML chats with Shaun occasionally.

He asked a load of questions some months ago.

It's going to be the ride of a lifetime and I bought into Rolls-Royce at 70p and I'm still holding 125000.

Badlands, only fear and greed drive the stock market and fear is always the dominant factor.

PEAKDREAD agree 100% mate except I don't think you'll see a B52 in the Iranian sky.

I suspect F18, F35 and B2's will be the workhorses.

Seriously, though, I doubt after the Israeli attacks there's little to hit other than the underground nuclear facilities.

Therefore, it's a B2 with Mob on board.

Great day for Empire by the way.

Dusty, as Meatloaf said "2 out of 3 ain't bad".

I wish you good luck.

Dusty, yeh getting in at 2p would have been fantastic.

Fortunately, I bought loads at low 7's, low 6's and sub 6p.

Average is around 8p, a lot higher than many, but I m happy.

Best wishes for your other investments

Shareflyer, you would say that wouldn't you.

There are better shares than EEE, but you won't say who?

You are disingenuous, so many liars like yourself postinng, i bought at this price, i sold at that price, but never at the actual time of purchase or sale, so it can be verified.

Unbelievable.

I think after 5he MRE, if a reasonable part is indicated, I'd expect 50p by year end.

With cheap open cast mining of the weathered cap, cheap processing and more drilling to get a measured MRE, movement in 26 to a market cap of £650 million and an SP of £1 is most likely.

Then full production and a rapidly increasing capitalisation.

Restingpilgrim, it makes me laugh when people say they are doing their research.

Haha, are they working on the Manhatten project.

People are people mate, there are doers and talkers.

Yep re 1p rise, I'm holding 11733865, do the maths re a 1p rise, its £117,338.65p.

My average is around 8p so in 5 years, I'll be very happy.

re little timmysmith, this guy is not a serious analytical fundamental investor.

he always want guarantees, factual evidence, independent assessments.

you could show him in the early 2001's, microsoft, amazon, google, apple, facebook, nvidia and he'd have scorned them with what if's.

as many posters have said on this thread, by the time timmy gets all the evidence he requires to make a decision the sp will be up 400%.

i posted here that i was buying sub 6p, i stated the days and the hours, so they coild be verified as truthful.

i have a friend like timmy, he has 2 phd's.

one in nuclear physics and one in theoretical physics.

he cannot invest in shares, simply because he require so much information and guarantees.

even a simply index tracker fund requires days of explanation.

timmy is definitely either a physical scientist i e physics, chemistry or biology or he's an accountant or a solicitor.

one thing he's not, is a pilot, an a & e trauma doctor or a military guy.

he simply needs too much information and time to make a decision.

the awaited mre will hopefully be indicative , at least some of it and i'll predict a sp of 50p by year end.

easy open cast mining and cheap processing should get us on our way and up to £1 by mid year 26.

a very fun ride awaits.

ignore timmy's ******ed question, it's who he is.

Svend, as you know, I recommended Empire Metals to you when it was sub 6p.

You looked and you didn't like, fair enough.

That is a decision i think, in 2 yrs time you'll regret.

I accept everything that you have said.

I'm aware it's a punt, but there are so many things in it's favour.

My average is around the 8p mark.

The MRE is due very soon, there will not be enough holes drilled to be a measured one, but hopefully indicated can be achieved if not for all, but at least some.

I feel the SP will be 50p by Xmas.

Processing should be relatively cheap using open cast on the weathered cap, a further MRE should take this towards £1 and a capitalisation of around £650 million.

Anyway, keep an eye on it because one of us will be right and it would be a shame for you to turn your back on a return of 1500%.

Hi, you know me.

The MRE will simply explain all, and then you , well, misted

Fordm, licence is a noun, license is a verb in UK English.

The relevance of American English is simply incomprehensible, when this is a UK forum.

Correcting doesn't make you a bad person.

Shouldn't you be concentrating your vast geopolitical awareness with regard to Trump’s military decisions?

Gbholds, that's the difference between you and me, I'm not emotional.

I'd accept financial advice from anyone and then investigate.

I'm not arrogant or conceited enough to say to anyone, "I wouldn't take advice off you"

What a joker.

Gbholds, 7 months ago I gave you a tip at 6.9p, Empire Metals Ltd.

You insulted me with ridiculous rhetoric.

Today they are 20.50p, a MRE is due by the end of September hopefully.

The SP will be multiples of today.

A large number of Rolls-Royce share holders investigated my tip and are very happy.

Apart from you gbholds, why?

Because you are financially inept.

Simple as