Member Info for chique

Tradingforgood - I just did a few scenarios on the profit calculator / sp - it's looking even better now , would love to know exact increase in margin

Main takeaways from RNS - we should get a boost for 2023 off this also and our forward rating is looking excellent one the market catches on to this share

*** sales target of 150,000 tonnes will be adjusted upward
*** Increase of Over 1,000% in Sales Orders
*** already 20% of the sales target for FY 2022 (150,000 tonnes)
*** planning stages for an increase of capacity to 200,000 tonnes
*** · Increased demand for KP Fértil® continuing
*** current events appear to be accelerating demand and again improving prices
*** legislative and economic stimulus packages to incentive local production.
*** we expect any increase in sales value will reflect strongly in the net profit

Wow - Thats what you call a good RNS!!

looks like they are expecting 200,000 possibly this year

The fact that government are incentivising could be a huge boost

Yes - When I first researched this share gold was at 1750 so 250 more at the moment having just gone over 2000 dollars

at 100,000 this is an extra 25 million , and with AISC of 980 this year is starting off very well for THX

Some would describe this as the haven in a storm , or one of them!!

why the drop never thought VLG had exposure to Russia?

As Brian said do not underestimate the value of this news to the company

pretty normal retrace - just some profit taking

10.3 now pretty good going 47% in 6 days :-)

Yes
It's pretty safe bet in many ways

the only variable that effects us is the USD/BRL rate which is going in our favour at the moment

https://www.reuters.com/business/global-food-supply-risk-russian-invasion-ukraine-yara-says-2022-03-01/

https://www-comprerural-com.translate.goog/russia-suspende-vendas-de-fertilizantes-ao-brasil/?_x_tr_sl=pt&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

I added also on the pullback for my ISA

Strangely silverblade - this is my reason for holding off buying , not because it's correct but because I think others may bail for this reason

very true whl2

Today is likely to be 10 times normal average volume

With the level of sales I expected we would fall back a bit but we have held gains - maybe a buy order in from an insti

The lower the price the more shares get bought back

Yes I did add before this latest rally too

The logs from MSD-25 are encouraging, implying a 36% larger pay zone than in MSD-21 with porosity also being good at 26.1%. The well will now be connected to our infrastructure and flow tested and we will update the market on the results of this in the coming weeks.

With the oil price now at multi-year highs, West Gharib is a very high margin asset in our portfolio, MSD-25 and subsequent wells will boost the production and cashflow from these fields in the coming months. I look forward to updating the market further as the campaign progresses