Member Info for dai2belts

Did you look why they have not returned to pre-covid prices ?

Last year the rig was in Mbeya for a while
https://floodlist.com/africa/tanzania-floods-mbeya-songwe-april-2022

@TTS, What site are you using for your weather ? Hope not the BBC or Met office, they just give opposite forecasts so its 50/50 one will be right...

Rukwas is expecting between Normal, to less than normal rains, according to this article,
https://dailynews.co.tz/tma-issues-measures-as-poor-rains-loom/

Forgot
https://invst.ly/zggq1

Difficult one, its not far off 2022 highs, but if you look further back, it dropped a lot before COVID, but after never recovered for what ever reason, but on this years high its almost there, anyway got to go out...

Caspian Sunrise PLC, up 28% at 4.61 pence, 12-month range 2.06p-5.90p. The Kazakhstan-focused oil & gas exploration and production company extends gains on Monday, even after sizeable stock price jumps on Thursday and Friday. On Thursday, Caspian created a new oil trading division as it seeks to avoid a price discount for oil sent through Russian pipelines. The stock has risen 91% since Wednesday's close.

Its a light day for me today, so will be out most of the day,

But there might be some minor pumps for Igas and EDR in the near future
https://www.thisismoney.co.uk/money/markets/article-11396335/Fracking-firms-plan-1bn-legal-fight-shale-gas-extraction-ban.html

@Deano, Definitely a lot of luck needed, both oilers and miners... I bought a miner a few years back, when the drill results came I could'nt quantify what they had, and they do report good grades for the skinniest of finds, so need to do some studying..
But I can count barrels, and multiply them by dollars... but even thats not good enough for a producer. there are some wildly vary market caps for oilers like....
88e MC £91 producing just 328bopd, and UOG 1552bopd MC £17m

I am definitely the dumb money,

@Tro ASX up,
China's markets may drop after last weeks rises, fueled by hope of opening up.
I wonder there is a reason/secret for them persisting with the lock downs

Many charts Gold v ($, oil, stocks, platinum.......)
https://www.macrotrends.net/2541/platinum-prices-vs-gold-prices

I think they just need to call up 1 more to get the papers sorted..
https://www.youtube.com/watch?v=tH1rskoFfyM

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TA conspiracy theory
https://invst.ly/zg7ny

This well worth a read...., and maybe looking into how much oil flowed in the highlighted discoveries..
Could be waiting on PANR results, if that news reflects positively in the 88e share price, then that could be raise time, if it can be done that quick
https://www.businessnews.com.au/article/Nearology-report-enhances-Alaskan-acreage-for-88-Energy

@KevR, told you I had a bad memory
A fully funded, high impact, three-well drilling programme is expected to commence later this year, and is designed to further delineate the full potential of the Paradox project:
The State 36-2 LNW-CC lateral well is set to be the first well in the upcoming drilling programme, and targets the Cane Creek reservoir in the southern portion of the Group's operated White Sands Unit (the "WSU")

Still dont know how barrels will be added?

Black Emx,
other gold spot prices

@Tro. ta looks a better correlation
https://invst.ly/zg7f1

BlackRock was another ?
I have got to improve my notes

@Damo, not this then ?
https://invst.ly/zg7bq

@KevR, not all spuds will give a big rise, depends on the signifiance, and what it adds.
What are they drilling,?

88e, spotted a rise in the chart while having a go at TA, it coincided with PANR who are currently production testing their North Slopes, Alkaid-2 well, next to 88e 2023 targets... so extra excitement..
https://cdn.nextinvestors.com/images/88E_drilling_2023.width-800.png
https://nextinvestors.com/articles/88e-moving-east-chase-success/

We had a good tip for ALL, its was on the up, but I did'nt have a clue to that stock, so watched another good tip go up..

Just having a look at EMX, took me while to find the right company as the UK ticker does not show up on the graphs I use.
and I can draw that triangle any where :(

Overload for me today, so much new stuff.... :)
Damo any chance you can post that EMX triangle, so I can get the idea?

Tro, what was the gold index you posted a little while back ?

Thanks

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IOG. has had a string of bad luck, downward trend, price dropped a lot recently after a failed drill, producer I believe.
Mind you if the next drill goes bad, then another drop
Also a producing reserve not being the size expected, so will mature early
Another returning excess fluid in the oil
Recently fitted valve in undersea pipeline needs changing
BOD shake up..
.....
BOIL seems very active on news of a licence extension, East Timor, not sure where it will settle, and drilling looks a long way off. ??
So maybe it will settle and react the same on further news??

88e, drill next year, seems to rise well into drills, think there is a placing soon?

QFI, maybe a Trial being signed with MSC end of year..
But been there before with Maersk..

I dont have much experience, so only worth a look

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QBT, the quantum crypto company, interesting concept, not convinced.. But the bounce is another thing. ;)

@KevR, Yep. 88e, but dilution is just more slices of the same cake, so should'nt add so much to the MC...
Its seems to be a harrods cake, not tescos..

Igas have "ring fenced Ring fence tax losses of £263 million., need to understand that ???"
UOG seemed to have a reduction in output, but not looked into the reasons,

Zephyr, their interim is a bit heavy for me at the moment..

Fracking news will have had some impact on EDR/Igas, they did have a good rise before falling back