Member Info for darientaylor

nett value of the deal to PMO shareholders is about £800 mill..

started clinical trials 4 and a half years ago.....when I ought in at 0.7p not really moved forward and diluted the bejezzuz out of this along the way. your optimism is admirable but the reality is this is a tiny little player with zero critical mass I have written it off many moons ago..

news friday

cash spent is H1 is reflected in the trade payables balance on the balance sheet...they dont spend it and pay for it the same day..thats not how business works. so the $27mill on the balance sheet in the trade payables column will now be reduced by about $20 million since H1ie they now spend cash to pay it off, thats why cash balance at 30 sept isnt any higher than end of H1.
Now I expect cash balances to materially increase by year end as Capex will only be $6 mill from H1 to year end..they are making $6000 x 40x90 ie about $22mill from NOW to year end so at least $20 mill cash balance at year end

can you read a balance sheet

xash position was $9.3 on 30th June however they had Payable of $27 million that is reflective of the $19.1 million spent in H1 on capex. which in q3 will have been paid down so now so that is the main reason cash isn't showing any higher now than at H1.
As stated capex for the full year will only be $26 mill and they have already spent $19.1 mill so with only $6 mill to be spent in H2 the cash balance by year end should be closer to $25 -$30 mill AND current Trade payable should also show as reduced...I think we should be very excited about this situation

11,000 bopd is $462,000per day or $168,000,000 per year or £131,000,000 per year...Nett profit will be £60,000,000

Market cap £85,000,000...................do the maths

can someone tell me what RRR own in jupiter, It seems to get more confusing with every half year and yearly report. Used to be clearly stated but in recent reports its only referred to as a number of shares...so the value is stated as £2.2mill,,,,,,is the value of the rest of the assets £5mill I doubt it

in 25 years time there will be more hydrogen cars on the road that battery powered

Total assets on balance sheet at 31 march 2012 $24mill
Total assets on balance sheet at 31 march 2020 $9 mill

heap of **** AB ,,needs to explain , greenland, BarT , Resource Star, Elephant Oil, El Limon, Dabakala, and kenya, each in its own way a story of total incompetence ..
Please tell me how this guy is still in employment..

I think you'll find the shareholders have been doing a lot of the funding so far I'm in the bird in the hand camp....lets dig up what is on offer now and use it to pay for the rest. dont seem to have had trouble getting funding so far and if you have a cash flow and a better balance sheet then the cost of further financing is cheaper..

doh, yes fecking seriously......

WTF don't Kefi just start to mine the resource they have found instead of wasting more time and money drilling more sample holes to double the resource. why not dig up what you have to fund a further drill campaign next year or two, as they said there is enough resource to make $70mill pr year for the next 7 years, WFT is wrong with that? dig it up make some money drill for more whilst you do that...

the only way this will be a penny is by a 10 :1 share consolidation

Dear ADMIN can you delete all of Parry400 posts as he is filling boards with his stock tipping service. 289 posts all garbage advertising

this link is to a stock tipping website. total bull****

thanks explo......that sounds low...so how come they cant make money

what is BP's all in cost per barrel that is the burning question...forget the write offs...

IN AUCTION !!!!

plus another $ 9 million when the next one is cleaned up and then onwards to a new well drill...looking good in the near term , wonder will the market think the same