Member Info for ChartaRex

Also, we have 2P reserves of 32.9 MILLION barrels of oil and 2C contingent of 20.1 MILLION barrels of oil.

Now, disregarding the 2C contingent, that gives us 32.9m barrels. Evan at a conservative $20pb that's $658 MILLION! or £535 MILLION Sterling. That works out at about £2.43 per share.

That provides nothing for the 2C contintent 20.1 MILLION barels, onshore Somaliland or our other 40% share offshore block.

$40m debt? It's NOTHING in the scheme of things!

You're a blatant shorter Adams. If Afentra's so bad, why the hell are you here? Honestly, we'd all like to know?

Rex

Market selling is it Terry/Adams?

Is that why it's UP over 8% today? Lol!!

I can smell your fear Terry, I'm gonna squeeeeeeze you from now till Xmas. Happy days :)

Rex

MetricsMan/JAdams5000,

"what happened to the reasonable posts about debt"?

Your seriously taking the urine, aren't you?

All you've done is state falsehoods and lies, consistently, with zero counter arguments. Constantly bangin' on about "debt", whilst conveniently ignoring the many TENS OF THOUSANDS OF BARRELS we've been accumulating for the last 18 months.

I've never seen so many posts from you! You must be absolutely brickin' it !!!!!!!

I hope your short on AET wipes you out, totally!

This share is a STEADY RISER through to Christmas now. :)

Rex

You're getting desperate JAdams!!!!!!!!!!!!!

You STILL haven't answered my question you saddo :)

JAdams,

If you think AET is non-investable, then why are you here?

Simple question, care to respond?

I think you're a dirty, nasty, selfish little shorter, but that's just my opinion (and probably everyone else's). Enlighten me if you're not.

Rex

PS. I've taken a serious dislike to you & your tactics, but hopefully it isn't showing :)

WARNING WARNING WARNING!!!!

I think MetricsMan is TerryMC/JAdams 5000.

He's only been a member since 29 Sep 23 and his portfolio pie looks REMARKABLY similar to Adams.

Also, do not hit reply to the losers messages - it only helps him with his saddo messages.

Rex

Brilliant news!!!

At over 6000bopd that gives us circa £80million profit per year!

Add in the last 18 months of production & our replenished reserves and we're flying !!

Also, there are other deals being looked at right now.

I easily expect £1+ per share within 6 months.

No wonder Terry/JAdams has posted TWICE this morning, he must be furious. Quick! Someone call the fire brigade, his shorts are up in flames :)

Rex

We've been accumulating profits since April 2022, that's over 18 months worth of profit in the bank!

We've not only replaced our reserves, we've actually INCREASED THEM by over 150% !!

STRONG BUY/ACCUMULATE before the deal closes (next month at the latest).

Squeeze TerryMC/JAdams pips till he cries :)

Rex

Bought a few thousand more today, just so TerryMC/JAdams5000 can't close his short on the cheap :)

I'll be buying more at the end of the week as well :)

Rex

TerryMC/JAdams5000 is getting seriously annoyed with all the positive posts , Lol! :)

He's brickin' it 'cos he needs to cough up a huge amount of dough very soon to cover his naked short :)

Hey, TerryMC/JAdams5000 - I'm STILL buying regular as clockwork!!!!!! Feeeeeel the burn you saddo!! :)

Rex

There you go guys, fixed the header for you.

Please stop hitting "reply" to his posts, it just re-inforces his pathetic shorting position!

Rex

PS. I'm STILL buying :)

I wish RPG & Gasbag would hurry up and pump this to the moon. I want out so I can buy something else with my dosh.

I only bought in because they have a large land holding and a slim chance of success. Worth it for a small punt, but nowt's been happening for ages, so I'm bored with it all now.

Rex

Albemarle has pulled back from a takeover of Liontown. Gina Rinehart increased her stake in Liontown to block the t/o bid.

Saw it this morning on Bloomberg.

I see that as good news. No further distractions, strong insti support and a potential lithium bonanza under our feet.

Rex

Welcome back TerryMC/JAdams5000! We've missed you - said no-one, ever...!

How's your short doing, lol? You've not been around for a while. Were you away doing extra shifts as a deliveroo driver to earn some dosh to cover your 'arris?

I'm buying every single week now. The pressure's on you to offload your stupid position.

Afentra's sp target is now 55p. It's gonna cost you boy :)

Rex

It would be the most logical/cost effective thing to do. We get access to detailed drilling results at zero cost to MILA. What's not to like?

Oh, and 16% of any lithium mined :)

Happy days!

Rex

Toffers, nonsense. The roles would just transfer to the new owner. They then become Newmont employees. Happens all the time. Relax.

Rex

Which is nice.... :)

Apologies, missed the smallprint at the bottom. The shutdown role IS TElfer, however the 3 roles above are also Telfer - and are PERMANENT.

It ain't shuttin' down.

The shutdown role has nowt to do with Telfer. The Safety advisor and the other role are both Telfer - and the roles are PERMANENT.

Telfer ain't shutting down.

Rex

taken from oilprice.com:

in a move designed to thwart a takeover bid by american lithium giant albemarle corp (nyse:alb), australia’s richest woman, gina rinehart, has once again boosted her position in liontown resources ltd, bloomberg reports.

this is the fourth time in recent weeks that rinehart, through han**** prospecting pty, has added to her liontown resources stake, which now sits at 14.67%, just shy of the 15% needed to potentially block albemarle’s ~$4.2-billion takeover bid for the australian lithium miner. in mid-september, rinehart owned a stake of under 8%, according to bloomberg.

han**** has described the stake as “strategic”, though it has not disclosed the intention of the sudden large increase in ownership of liontown.

“han**** maintains a long-term approach to its investments and commodity markets. in line with that long-term approach, han**** can provide liontown with the opportunity to manage its project execution and operations ramp-up risk,’’ the company said in a sept. 25 statement.

last month, liontown accepted albemarle's improved a$3.00/share offer, while han**** said it may seek a position on liontown's board and could help the company bring its lithium resources to production. so far, han**** has paid no more than a$3.00/share for the four tranches of shares of liontown it has purchased.