Member Info for dai2belts

4m wide at 8g/t...

Rockfire stated 2.1m required for underground mining on the thier zinc mine, not sure if that was for a particular type of cutting machine

Is this the seller, ...

Monday trades printed Tuesday end of day

17-Mar-25 08:38:11 1.31 250,000 Sell* 1.30 1.35 3,275 O

17-Mar-25 08:30:22 1.345 37 Buy* 1.30 1.35 0.50 O

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17-Mar-25 08:22:54 1.30 4,000,000 Unknown* Delayed 52.00k

17-Mar-25 08:22:30 1.30 4,000,000 Unknown* Delayed 52.00k

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17-Mar-25 08:17:42 1.30 800 Sell* 1.30 1.35 10.40 O

17-Mar-25 08:15:38 1.34777 200,000 Buy* 1.25 1.35 2,696 O

Was asked about the well integrity, if that was a reason for delay... Hamilton said that was an engineering exercise, nothing had changed as far as they know....

So that sounds like it has not been looked at, while I thought some time back it was said there would be some leak tests around the head of the well ?

Playing innocent, on weather that delayed at least 5 months, EIA2 even interviewer suggests reason is Bizarre lol

https://www.youtube.com/watch?v=-of4omhZ7Pg

AMRQ, MRE 320Koz gold,MC.£379.80m, Nalunaq

GRL JORC 602koz gold, MC £10m

https://www.lse.co.uk/rns/AMRQ/updated-nalunaq-mineral-resource-estimate-e7x71cg3dy2hnes.html

I can't remember more than 2 lol

Maybe we should put our top picks in a table, and work together to refine it,

@PortfolioPower, have you looked at SMVL

market capitalisation of £290.94m, at pre-feasibility stage ?

BB seem convinced its going to be bought out

https://www.lse.co.uk/ShareChat.html?ShareTicker=SVML&share=Sovereign-Metals&thread=B2EFD1F4-103B-4097-A869-AABF18A7F24A

ID87, is that your mate ?

"The broker has a valuation (NAV) pitched at 2,027p per share, versus a current market price of 1,003p in London."

DEC,, was on a low March 11th, looks like it trades 850p to 1350p, with 1% spread,

often +700 trades a day

https://www.londonstockexchange.com/stock/DEC/diversified-energy-company-plc/trade-recap

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Net loss $87m but retired over $200 million in debt principal, returned $105 million to shareholders, including $21 million share buybacks.

Https://www.proactiveinvestors.co.uk/companies/news/1068170/diversified-energy-company-tailwinds-tipped-to-drive-a-re-rating-say-city-analysts-1068170.html

2024 operating cash flow amounted to $346 million, while targeting 2025 adjusted free cash flow of approximately $420 million.

-----------------------

Operating cash flow measures cash generated by a company's business operations. Free cash flow is the cash that a company generates from its business operations after subtracting capital expenditures.

Operating Cash Flow = Net Income + Non-Cash Expenses – Increase in Working Capital

Free Cash Flow = Operating Cash Flow – Capital Expenditures

Free Cash Flow = Cash from Operations – CapEx

Adjusted FCF ??

https://corporatefinanceinstitute.com/resources/accounting/operating-cash-flow/#:~:text=Key%20Highlights,increase%20in%20net%20working%20capital.

https://corporatefinanceinstitute.com/resources/valuation/fcf-formula-free-cash-flow/

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DEC,, was on a low March 11th, looks like it trades 850p to 1350p, with 1% spread,

often +700 trades a day

https://www.londonstockexchange.com/stock/DEC/diversified-energy-company-plc/trade-recap

It's rare that we are in the same bagger when it happens ?.

If we all caught each others tips we should be multi-bagging numerous times a year ..

Any thoughts

Portfolio should charge commission to JP Morgans and the likes for picking multi-baggers. If he writes a CV and forwards it them , we can all vouch for his track record, if JP gives use 0.5% commission

All those barrels and it still made a loss...

Talking of energy , there is a new housing estate being built nearby, solar panels on all houses...But you see houses with 7 panels, leaving space for the 8th, adding the missing panels would reduce the houses demand on the grid and over the whole estate significantly increase production back to the grid..

A lot of the houses are designed with east/west face roofs rather than south,, with the panels installed facing east even if the peak of another shades the east side panels, and also placed on east-North-east facing roofs, rather than west-south-west.

The Welsh Gov have a drive to increase energy efficiency on old house, costing Hundreds of Millions per council, while not ensuring new builds maximise solar potential, half measures are fine..

Council erected a new prefab school building, shallow flat roof, facing north and covered every inch with solar panels,,did they mount the building backwards or just not consider the angle of the sun.

That new estate they could fit 10 panels on those that have space, or even more by fitting both east & west facing roofs, consider building all roofs with south facing slopes.. That would increase production to the grid and help reduce the need for solar farms on agricultural land.

As for older houses, a woolly socks, jumper and slippers grant would save a fortune.. A little education on how to dress warm, and stay warm and how to warm up if you feel cold.. And on house humidity control.. My neighbour has just had the house upgraded through an all paid grant... Loft was insulted and plaster boarded, and skimmed ready for painting as was all solid external walls, cavity foam bead filled... It would have been cheaper to pay the heating bill for the next decade or 3 ;)

Is the other news other than De-Novo that could offer a surprise ?

Mmmmmm, I guess if Ireland show they really really want that power station,, that LNG terminal might played "In a new filing to the Securities and Exchange Commission (SEC) in Washington, Shannon LNG's parent company New Fortress said uncertainty over the LNG terminal “could have a material effect on our results of operations”. It described the outlook for the project as uncertain and said there were "multiple risks" that could stop it."

MOU pricing to be agreed within next 24 months ?

What's behind the drop, it sat a 5p for a while?

Second day of no ads ?

Something on page 28

BUY-OUT OF GOLD SALE AGREEMENT’S OPTION

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On April 15, 2020, SROL entered into the Offtake Agreement for the Sale and Purchase of Gold (“Offtake Agreement”) with the AFC. The Offtake Agreement gives the AFC the right to purchase up to 89.73%, to a maximum of 375,376 ounces of SROL’s gold production at a “Low Reference Price,” being the lowest gold price per the London Bullion Market Association (“LBMA”) platform over an 8-day look back period from the date of delivery of the gold.

The cost of the Offtake Agreement to SROL will potentially increase during periods of gold price volatility covering the 8-day look back period, increasing the variability of income and reducing the average realized gold price earned by SROL.

In November 2023, the Group exercised and paid off the buy-out option contained in the Offtake Agreement valued at $3,154,454, which was also deemed to be its fair value at that date.

Following the exercise of the option, the Group is no longer liable to incur further losses on forward sale of commodity contracts relating to the Low Reference Price

========

Sounds incestuous looks like the off take agreement was between subsidiaries page 14

AFC Constelor Panafrican Resources SARL (“AFC Constelor SARL”)

Segilola Resources Operating Limited (“SROL”)

https://thorexpl.com/site/assets/files/2727/thx_2023_q4_fs_-_final_bdo.pdf

Q3

"Operating results for the quarter were highlighted by the selling of 18,167 ounces (“oz”) of gold

achieving an average gold price of US$2,328 per oz

at a cash operating cost1 of $ 585 per oz sold,

with an all-in sustaining cost (“AISC”)1 of $ 766 per oz sold

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See page four....

https://thorexpl.com/site/assets/files/2797/thx_2024_q3_mda.pdf

Is the new gas power plants parent company American, and hoping to import American LNG ..

Could the approval be Trumps influence ?