Member Info for Clarets

Hopefully everyones patience over last 6 months+ will now be rewarded with a significant rise in sp.

Q3 and Q4 should give blockbusting results. Producing companies should be linked to commodity prices in a linear manner but this is aim. The buyers will arrive but this is basement value.

This has got to be the most undervalued share on aim. Look at natural gas and oil rises today. Your time will come with one small catalyst.

The gas price keeps rising. It will be our turn too soon. 6p is a minimum valuation price this should be trading at. 10p+ when Sancrai and pumps sorted out.

Natural gas is now at a 5 year high on the commodity market and we are still languishing at £22million market cap, go figure.

90% buys this morning. Fomo for next week.

Hi Pondering. Concur with your summary. Felt he needed to hammer home the increase in gas prices in Romania which have more than doubled since Q1. I think when we get an rns about Sancrai Jeff will ramp up the PR. He doesnt appear the type to sit quietly in the background. He strikes me as being proactive. Time will tell.

Hopefully tonights presentation will be a good PR exercise. Not sure we are likely to get any new information but it will be a good time to beat the drum and in particular highlight the rise in natural gas prices.
Just did a quick exercise using the EU Nations gas import price and the average for H1 Jan to June was $7.65. The realised amount per the presentation was $6.59 a discount of just over 14%. If you look at the price for July and August this averages out at $14 adjusted to $12.05 using the same discount factor. This is nearly 83% higher than H1 and in theory will all go on the bottom line. I know price timing will not be uniform across a period but it illustrates the massive price increase and the implications for Senx. Again this shows we are massively undervalued and should be trading in 5-6p range not sub 2p.

Great research note. Nearly all buys this morning. Cgo do like a Friday rns.

And unfortunately not the last. 99% of us know where this is going. Newcrest cant get it into production quick enough. That assay is 3/4 mile down and we have found significant gold nearly 2km down. This is going to be globally unique.

Big volume day coming. FOMO.

Yep aim showing what a joke it is. Sentiment will change soon way undervalued. Dont think JA will be sat around doing nothing.

Now the dust has settled on the Sancrai well and the Q2/H1 results. In the interview on friday Jeff was very frustrated with the sp response. The financials are still great and it should be trading at at least 3x the current mc. I expect to see a few directors buys again or if it is already further down the track an acquisition in Tunisia. He did mention a target of 8000boepd in 18-24 months which would be a fourfold increase from current levels. Not sure we can reach that with organic growth in this time frame. Still optimistic.

Great day for gold. Hopefully the start of the bull run that analysts have predicted. Out of hours rns showing the progress made by Pure Gold. Record production in July and guidance of production for H2. Next week should be mega.

Mc 3 times annualised ebitda is a joke. Expect some directors buys over next couple of weeks.

As of today the mc is £2 million more than it was this time last year. 12 months ago it was loss making and saddled with debt. This year we are on for an Ebitda annualised profit of £8 million. With a pe ratio of 10 would give us a mc 3.5 times higher than it currently is. I would say the last 12 months have been transformational. Just need a plan for the suspended well. Aim can be so brutal at times.

Not what we were hoping for but financially still remain very strong. Need Jeff to explain the drop in production when a new well came on stream at the end of Q1 and also the plan for Sancrai. These pumps can't come quick enough now. Expect the mms to have a field day.

Any tunes from the mid 80's to early 90's with a good beat. Hopefully the bb will be ringing to the Pet Shop Boys tomorrow with Opportunities. Might be lost on you young ones though!

Ignore the noise. Enjoy the Silence - Depeche Mode.
Is the seller still selling down. The last tr1 mid July had them at just over 4%. Could be some delayed trades later. Hoping for 2400boe and $10.5 million t/o with Ebitda of $4 million. In Jeff we trust.

Totally agree O2B. A intra day rns on flow results would be good. Even just using Q2 Ebitda figure of £2 million and using a prudent PE ratio of 5 gives us a mc of £40 million. Most companies on Dow Jones use a PE ratio of 15. So go figure the current valuation.