Member Info for dai2belts

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UFO another load
28-Nov-22 11:38:20 0.303 5,166,667 Sell* 0.40 0.43 15.66k

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PRD MM playing games, not wanting to take shares
dummy 100k, no quote, 10k 10.05p
no issue buying

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Guys, whats your hunch on He1 raise, price, discount and when ish??

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I only noticed UFO as seen the big spike to 0.30p, thought an error, checked another sites graphs, then seen the RNS
WBI, dont see such big spikes, all discreetly done

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215,617,818 shares, big volume at 0.3p, and not a share to buy ???
quote keeps going up, but cant buy, but a mass of shares were sold at 0.3p, should be sub 0.4p to buy, MM creaming it I think..
Finally a quote at 0.452

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the big sell at 0.3 this morning

In addition, a further 44,999,999 shares were acquired by the Company PDMR's and employees. The balance went to existing shareholders of Alien Metals Ltd with the process managed by WH Ireland, the Company's broker at a price of 0.30 pence per share.

Artemis Resources Ltd, who after being released from escrow early, have now sold the remaining balance of their holding of 215,617,818 shares,

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@KevR, the flow of RNS's is much like the last spud, but volumes seem higher.
Last time, after the raise it was a downward slope, with peaks, trend became stronger on rig mobilization..
In the latest RNS, the spud date has moved, but we now have a "projected" date, they want to test more reservoirs. so I assume drill deeper, so maybe need more drill rods, so not sure about the projected date...

Tro, looks like UFO seller is out
https://www.lse.co.uk/rns/UFO/director-and-pdmr-share-purchases-szb78d5ayyk2uhj.html

Thats PRD, not He1.....
Mick, you tricked me into ramping PRD on He1, another Unicorn lol..
Sorry Void, not ;)

$1m/day is less than a quarter of that at $16mcf..
Whats the estimated cost per boe, its going to be low, being on land, eventually piped..
Recently came across a company producing on-shore Egypt, cost per Boe $8, if recall correctly..

5.263mcf to Boe..$84 @$16, $168 @$32..
250mmcf/d thats 47501 Boe/d
https://www.energy-sea.gov.il/English-Site/Pages/Data%20and%20Maps/calc.aspx

Kistos May 12,000boe/d MC £379

There was a table comparing E&P Oilers production, table I have looks 2020/21 with 2021 Production Estimates
Looks like could compare with
Enquest Mc £455m,
Seplat £514m,
International Petr. Corp MC 16b, thats a big step up.... Not going to try to figure out...

But atleast x10

@Mick, Mmmmm, lost my post,
I think I worked that out to be 47501Boe
To many windows, jumped from PRD to He1 lol

I am not that lucky, if I stick around no chance...lol
With the size of the licence areas, it could be like those Texan fields, scattered with rigs

We think £5 was a crazy share price prediction, you should see what the PRD guys are coming up with..
Would be a Unicorn x3 or 4...

lol, I thought it was a trade discount too.

A Unicorn, would be £3.8billion
Where does the values come from ?

@Prae, I believe the 12% is discount is an accounting trick to estimate the value today of something in 1, 2, 3 ..10 years in to the future..
I suppose what you would pay today, in advance for a £1 cheque you could only cash in 1 years time, knowing inflation is 10%. 91p
Something like that, not so simple though...

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Another hour and I will be super chilled, out for the count.. :)
MOU-1 raise at about 18p, then there were 1/2 dozen highs near 18p over the next two weeks,
A good high on rig mob, but not spud
https://tvc-invdn-com.investing.com/data/tvc_b48f6d1f196d8a1ed5c3d8a1f9389cf8.png

lets just hope the rampers work hard and do me a favour ;)

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lol, My longest wait, almost a decade, took 80% money back after gradually moving down from about 90% back, a few weeks later could have got it all back ;)

Looking at PRD, as usual had a hunch raise may come, just before it happened, so looks like I may have missed optimum profit..
Comparing
MOU-1 june 21 events, raise then announced midday for just £1.5m @ 15p, price on day opened 18.3p
vol 11m, then on 6 different days high clipped 18p, along the preceding downward trend to spud closing 14.88p

Mou-2 raise also announced midday for just £1.25m @ 8p, price on day opened 11.75p, vol 20m
So will it be 8p on spud, but 2 twice as many watching looking at the volume
Rig mob price attempted to rise ??????
O 16.63(H18p)
C 16.75
H 18
L 16.35
Vol 2m

Thinking topping up on the raise was risky ;(

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QFI, watched the presentaion,
looks like they finally have their Msar fuel in Morocco, so trials at site B are likely to start soon..
I believe to complete next month, following that site A, also BioMsar..
This expected to lead to first commercial contract, and revenue H1 2023,
I suspect if that revenue does not materialize there will be some sorting of funding to support projects..
Might be a dip before that MSC trial, depending on Morocco

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@Tro have you taken a position in UFO ready for that news?