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Wake up, the mgmt is selling stock, there wont be any bid.

No RNS yet for todays presentation.

ODX not on the list.

https://www.gov.uk/government/publications/covid-19-test-validation-approved-products

Waiting forever for the DHSC. Disappointing that there was no progress on the DHSC.

If the gas price is going to continue to pull-back then I think Enwell will struggle, unless the the test result is very strong.

If CE mark is enough means that a lot of suppliers will be able to supply, flooded market.

Earnings announcement are rarely good days for companies like SAR. Retail investor build up expectations but there is seldom any material news in the earnings reports. Looks at Avacta, ODX, GDR etc all traded poorly on earnings and trading updates.

Newcrest commodity assumption are standard among large cap miners. GGP management clearly trying to tweak it to defend the high share price.

The problem is clear, yes the PFS is for Phase 1 but even when you look at the valuation based on $/oz and use it for a much bigger resources. We still not get nowhere near the current stock price. Newcrest reports net present value (NPV) of phase 1 of $228m for 100% of the project. Which values Greatland stake at $68m (£50.8m). This is based on 1432k oz gold and 62kt copper which gives 1742k oz gold equivalents. In the resource estimate from 10 Dec 2020 the total resources at that time was 4200k oz gold equivalents. Based on Newcrest valuation showed today of $130/oz ($228m/1742k oz), the total resources would be valued to $549m ($130oz*4200k oz) (100%) and $164m for Greatland Gold share or 3p/share. This resource will grow but even if it doubles we are looking at a valuation of 6p/share for Greatland based on Newcrest valuation methodology

The NPV reported by Newcrest is considerably lower than all analyst estimates out there.

NPV of $228m gross for Phase 1, gives $68m (£50.8m) net to Greatland or 1.29p/share. Its phase one only but 1.29p per share in NPV for Greatland looks pretty grim.

Hannam analyst values GGP stake in Havieron to $1.28bn in its latest report, putting a 100% NPV value of $4.26bn. Lets see what Newcrest will say tonight.

What are the expectations in terms of NPV in the upcoming PFS?

This isnt going down well

Main shareholder keeps selling

https://investegate.co.uk/pantheon-resources--panr-/rns/tr-1--notification-of-major-holdings/202109281723562828N/

HBR have hedged 85% of gas production for 2021 and 2022, so looks like they are missing the party.

Harbour gas hedge is expensive as hell "At today’s gas price their hedges are costing them $5.8m/day."

https://twitter.com/OilGasTracker/status/1437734933590589442

I think this is typical PR stunt by Neptune, they are most likely going to IPO on LSE and the closest peer by a mile will be HBR. Therefore, its important to increase the valuation of HBR so Neptune can get a better valuation in the IPO. Genel used the same tactics when they IPO back in the days, said they would buy DNO.

"blip" they are losing 50% of the production and from what I can hear on the call there are no real solution.

That exit rate is a bit of a disaster consider that we was producing over 2700 boepd only a few months back.