Member Info for daveri007

Slightly unsettled by LBE quoting "including three discoveries to date" in their latest RNS, whilst true, could be perceived as misleading to retail investors given:

1) discovery @ Mugnetind (5 - 11mmboe) stated as not commercially viable in isolation. (Not written off yet)

2) discovery @ Rødhette (9 - 12 mmboe) needing further discovery(s) to make it commercially viable (Not written off yet)

3) And of course no arguing with Egyptian Vulture (19 to 63 MMboe (gross) and the oil-in-place volume has been estimated at 220 to 440 MMboe (gross) which looks to be an amazing discovery although the market is yet to value it until further appraisals are released. (Good to learn those appraisals are now underway)

Anyway, still hopeful and good luck LBE with Ginny & Hermine!

Happy New Year all!

500m for 5% of a world class tier 1 asset yet to be proved and still in the ground!.....dream on!

To be fair this is the first real test of our corporate JV relationship, a giant vs a minnow...my money is on the giant; Newcrest will without doubt get a great deal - however unlike our Juri JV, at least we will get something for the 5% bringing our "always know 25% share" into production and rapid future cash generation.

If anything, I see the 5% valuation catalyst as an obstacle in building shareholder value - a temporary measure and for those able to hold nothing to be concerned about.

As normal time will tell! HNY

Very powerful, Sandeep Biswas quote:

"At Havieron, I mean this is the re-birth of Telfer - Telfer has been going for 40 years ..."

https://www.youtube.com/watch?v=buSlUw3dkio

love that image...thanks

Happy Christmas everyone and and a very healthy New Year!

@notrader - those targets were/are scallywag not Havieron or Juri....they are 100% owned and do not form part of any JV agreement.

https://uk.finance.yahoo.com/news/u-faces-tough-choices-2022-060603750.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cubHNlLmNvLnVrL1NoYXJlQ2hhdC5hc3A_U2hhcmVUaWNrZXI9R0dQJnNoYXJlPUdyZWF0bGFuZA&guce_referrer_sig=AQAAABsdvTwMR55qQ4HnGfDgz5E9n3p2vgZKi1r9dCadaj_yxJdzKDYYyCkwI5-AM1JHioSemFz_nLrnIu3_Ken7c6sPv3YeeFMxlJ_LN9SiqTOslt7CWiRsKaYjZadV2hAQKKL-DXfXSwhXa2tYJE07EUTRyMfccQ5GnrqD7s4GRIjJ

Attempt is the key word here...Hydro still ramping the guts here...If Newcrest try to but 100% of GGP....then it doesn't do much good for their reputation in the Paterson does it? Lets all JV Newcrest and get raped!

The recent news was welcomed inline perfectly....if Czech are really turning west then they (like the whole world) have to adopt EV - and what a great present that will be to the European Union....to open up Cinovec to help reach the EU goals.....ducks ducks ducks

Making a decision to buy, sell or hold is looking more and more likely to be out of our hands now! Under the stewardship of SD (not helped by GH and CB selling down) the share price continues to crash and whilst Havieron continues to deliver outstanding drill results we are now subject to a potential hostile takeover which even at a premium on todays market cap we are unlikely to reach the maximum shareholder value that we all know exists......Being robbed at this stage would truly be devastating and our CEO (being a finance man) needs to take positive actions to protect our investment.

As a dog lover, RIP Jerry.....really sad to miss such an innocent, loyal, affectionate and content companion, one that will love and care for you throughout their life come what may....losing a valued member of the family is hard but take comfort from I'm sure the wonderful life you gifted him. ATB

I for one wish the focus returns to the science and not this corporate reorg that agreed has not been pretty for us UK shareholders....hopefully the science will be the ultimate winner here. GLA

Please be quiet TomE....you are the biggest hypocrite on this BB......Speedy, I might post the obvious here, but many post the absolute extreme day in day out garbage...yourself included! Change the record hey, but like Hydrogen one day you may just be right and tell everyone so!

In the meantime, our company is falling in value and all since the new CEO started and yet you all continue to back him. Baffling!

same bullish*t happened with Scallywag....these delay are not helping the share price irrelevant of good, bad or indifferent results!

bamps = ramps night night

Fair to say, LBE needs an accretive acquisition under its belt (much more feasible now that they are a licensed operator on the NCS) - that coupled with some significant exploration discoveries (EV being the first) will propel us on the journey to be a full cycle E&P business which was always the plan.

Patience here is needed I feel and reassuring the BoD’s have their own money fully invested.

Definitely not the right time to exit unless of course financially you have to.

2022 more smaller transactions expected in the range of us$100m -300m....LBE targets! Not too bad if it happens.

And GGP pay for this coverage which means shareholders are indirectly paying for this .....well at leat they have put 24p - thats 1p below the CEO SD 25p options. So must be impartial right? SD must think we were all born yesterday! Holding us back for II to get on board.....giggle

I really hope your right Hydro....we desperately need some positive game changing news.

Currently the best investment on AIM! Expecting a very strong DFS with world class ESG credentials!

Updated PFS expected shortly.