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Wow. I sold out because Millenium popped up. I was so mullered by the Petrofac crash that they also had a short in. Might get engaged again with tlw now they are out. It’s always amazing how they can close out these shorts without a ripple in the share price. Seen it too many times. Unfortunately pfc couldn’t pay down their debt where as tullow have over the last few years (RD bless him) successfully cleared nearly half a billion. I didn’t think the bond holders would hold them to account and maybe shorts closing is indicative of this. We should all be grateful millenium are ducking below .5%.

I’ve been out of the loop for a few days but what a great, great raise. Industry investors bought in to the companies vision. They will have been told what the $20m will be spent on and deem it worth the play. GLA I’m Still holding.

Creeping up.

I imagine knowing their protected status US companies will be on the look out for smaller companies to swallow. Equally an announcement like this identifies copper as a commodity that is important moving forward, demand will not be going away. Topped up a little today.

US looking to declare copper a critical mineral.

https://oilprice.com/Metals/Commodities/Copper-Declared-Critical-as-US-Considers-Supply-Chain-Risks.html

Wsbn gets a mention in this missive - good projections if it breaks out - https://youtu.be/P0uekGdFjHM?si=uZSg5_A99g2ukJ38

Met1 gets a mention here. Gives a few projections.

https://youtu.be/P0uekGdFjHM?si=uZSg5_A99g2ukJ38

The last time the bonds were in the high eighties (July) the SP was 15p. A slight disconnect that is probably due to the short increase. Still believe they want to close that gap at 8.8p dating from 2020 then lift off. I'm primed and ready.

The counter claim hopefully shows confidence in the decision, maybe it is also being used to force a negotiation too, to finally end a dispute/court case going on for over a year .

No update from the company in 6 months but like a fool I've put a bit more in.

Nice bullish divergence on this dating back to May. Gonna blow soon. Can't believe they allow buying below the last raise price.

I see a gap at 8.8p from five years ago. I was waiting for that to be filed before piling in. What are your thoughts on that one Mav?

OMI and GGP mentioned in Saint Markets this weekend.

https://m.youtube.com/watch?v=wTz2zHCIvJc

Great to see the back of the two disruptors on this board. Some new more postive contributors taking their place. Finally value starting to be seen. Beaver creek exciting but worry about Brad being a bit too combative. (Probably a hang over from the frustrating time in C and M). Nefarious is a strong word in that tweet. We never know when we might need friends is in high big buck places. GLA.

I doubt any raise will be below the price of the last.

Autobuys going thru. The algo's must be liking the price action.

That million for 10.3 has gone thru

Bonds down only 5% since the results. SP over reaction? If refinancing was going to be a problem they would have cratered.

Flavius. I was here then too. Eventually they renewed the bonds and I did very well. This time debt is much reduced but so is the bopd. I wouldn’t dare to bet as much again but as you say sat on a guaranteed shedful of oil. A rise in OP would certainly help. Im eyeing that gap in the charts in the 8s.

Autos on the buy side. Hopefully a signal. Last corporate update 5 months ago now. I’m in profit here but still don’t like this company. The comms are shocking.