Member Info for deepbluediver

..... and they told me to hold....

Joking aside, just hold your nerve, hodl your shares, drilling is imminent...

Dont know Mike. But he is a money man, and like RR my bet is he will run it for cash (divi) and exit whenever there is a buyer. Hopefully not a lifestyle business.

ah, EspecialC, you are riding the volatility... I did that for IAG. money is money. have fun and hope you make some money (as we all hope to).

Dont worry about it EspecialC.

I wish i bought all my shares at 4.5p but it was not the case. I have been buying non stop and almost at all price ranges, the latest was this week, the start of buying was on IPO day. My in laws bought quite a bit this week (first foray into shares - FOMO as my wife bought quite a lot and told them).

I did wait for a few dips along the way. most times unlucky, some times lucky. I dont know TA and just look at RSI before buying. Keep an eye on the prize later - DM said end of Q3 we will be sorted with news expected from June, July and Aug. and dont worry about daily or hourly movements - noise. the real movement is close to drill and during drill.
If from your reading of the documents shared and posts here gives you conviction this will hit He discovery, then 20,21,22,.... sub 30p is a steal. There was a time when i thought 8p was too high a price to pay! (yet now I am topping up at 20p+).

DYOR and welcome to the investment team

gents
the RNS (https://www.londonstockexchange.com/news-article/KIST/completion-of-acquisition-and-trading-update/14986152 , 3rd para 2nd sentence) says "Group cash at bank on closing is £46.8 million implying net debt of £82.2 million. "

that's roughly just over £9MM a month on a simple averaging (assuming a full May months with economic date from Jan 1). roughly £100MM per year is what i expect. obviously months by months its different (not flat numbers) due to different gas prices.

Net debt will take into account bonds. e.g
150mm Euro bonds =£129MM.
bonds - net cash = net debt.
£129MM (bond) - £46.8MM (cash in bank) =£82.2MM net debt on the books

Please DYOR and dont listen to me.

Another 10k shares added. I like it. Still more to read..

ST
many thanks. the CEO is a proper heavyweight money man. Feel comfortable with the board and management composition on paper.

By the way, Andrey's (COO) CV is impressive. Local Kaz, Slav. The CEO too has been doing work in Kaz so knows the system and bureaucracy. I hesitated a bit seeing its in Kazakhstan, having done deals there in my past life for a new geo entry. But these guys have track record there unlike me when I used to dabble in hydrocarbons.

Just reading up on the asset now . it looks very interesting actually.

I will have a look, thank you @seagullsfan.

Shanta was also mentioned by Trek on the fly on the HE1 board. I think i did invest in a Vanadium co in the past but exited too early then went in to SS battery (quantum scape) but its got its own problem to manage.... hunting for a bit of diversity after exiting most of my stocks in recent weeks.

Placeholder @ 10,000 shares bought (32.35p) while doing due dil seeing Mr ST is here too. I like my FA too much.

good to see you here @Seagullsfan
@Bemmacolli1 on HE1 just suggested i look at FAR so I am just looking around the bb to read what posters are saying and do some reading on the company (no investment yet). are you knee deep in this share?

Many thanks gents. A few due dils to do on these co's while we wait for the drill on HE1 (and occasional top up)

Grateful.

Beats leaving cash in the bank account with 0.x% interest. Better make it work hard on HE1. Plus i cant see in my portfolio other shares that might jump (%) faster than HE1 in the coming weeks / months. (If you do see another good investment let me know please)
Dyor.

Hmmm.. no quotes available on IG at present for a 50k or 100k buy (shares).

£50k for the 2D infill work also sounds quite cheap. Good value, especially with the Tai upgrade. This is all singing and dancing, and adds to the upcoming spud anticipation. Top up coming at market opening. Thanks for sharing the RNS.

There is only one other seismic company that i know off who would take invoice payment as shares in the current market. So this is really positive in my books. Contract was probably signed much earlier coinciding with the sp.

I definitely will... learn something new every day. thanks.

@Tommyscope
i had to google "spondoolies"... :)
all recycled cash since April last year buddy. I've already swallowed one of those since yesterday. happy to take 1 more, or 2 at current price.

plenty of dry powder to swallow those sells, whole. bring it on.

applying a simple multiple for upside against H&P's recent update, 94p risked and 482 unrisked. Please DYOR.

yup, i picked up 100k shares yesterday and mulling to park another 100k shares today.... (very nice blue day yesterday allowing more dry powder to spend this am). either that or cash in my dry powder and buy a family holiday ... easy decision to make i think. :)