Member Info for Conger2

Just wondering this this break £2 today?

Such a good set of results.. :)

Ops i was a day out lol

Https://www.hl.co.uk/shares/shares-search-results/i/international-consolidated-airlines-cdi/share-research

If you want to read their research. :)

"IAG now expects full year underlying operating profit to be above the top end of previous guidance, of €1.8bn - €2.3bn."

Posted by HL IAG research 3rd May 2023, fingers crossed for a jump like RR just did, as the share price is back at May levels when this was posted.

Are you too married?

IAG is next be patient.

You are never wrong to sell on a profit.

Wow my eyes are bleeding, to much walls of text.

Stop your preaching please.

So as many of the LTH will know, a few years back I did very well out of then Oilex, around £100k up, and cashed out. I liked the RR story and suggested on here it was good COVID recovery stock, so the money and more ended up there, just cashed out Rolls Royce for a 100% return today, Happy days.

I still have about 80m Synergy shares., they need to sort this out, and stop giving away our money.

If your interested most of my portfolio is in IAG now, which is issuing results on the 27th hoping for a similar rise there, target is £2.00+ for many brokers and it is sitting around £1.50. Planes are flying again, IAG is BA owners, as well as others.

100% return in all, I suspect it will drop back now, trading statement now built in price.

The company has already forecast results is at the top end of expectations.... this makes not sense, especially as Ryanair just posted results better than pre-covid this morning... Every major airline is posting record results and recovery.

It all rests on the flow rates .....

Great flow rates from the new pump, will mean a great JV deal, will mean a jump in Share Price.

If I and Joe etc is right I have this at over 1p Market cap......

Which would be mind blowing amazingly good :)

I think a big payday is coming finally guys and Gals...

He also said very clearly the Market CAP does not represent the value of Cambay at all. And The local hydrocarbon board are excited...

So 50% of Cambay is worth than £5.5M UKPs, I would what he thinks Joe had it at Cira £35m UKP for 55%... 5-6 X times market cap, some years ago with a lot more things sorted out now and much high gas payment rate.... 10 X times putting Cambay at around $150m USD..

He also said very importantly Technical diligence is all done it is just the commercial deal they are talking about for the JV.

There is less unknows now Gordon, and it is much closer to going for it with proven technology.

North of 0.44p would be a great place to be, and not unrealistic if the flow rates are good and a JV partner/deal is quality.

It would value the field the company @ around $50m USD, which I know is still less than $60m+ USD Joe was expecting a few years back, with more proved now then then.

I am not sure they have ever managed to produce gas profitably yet, because of high initial costs and poor flow rates.

I remember reading a P/L years ago where the direct cost of production was higher than the revenue, it was early days and they were still learning how to extract the gas optimally.

Cant not the logic at all, like others have said it seems to muddle the outcomes not improve clarity at all.

It could be blessing though, if the older four frac zones with the new method turn out to be much more productive with the pump, but I just don't see it being helpful, as they will need to run the original four zones until they drop to steady rate of flow before, using the pump, which no onw knows how long this will take, and what further complications and unknowns it will create.

It feels uncomfortable to me. the DGH micro managing like this ... what is their agenda?