Member Info for drlong

From the previois rns,its so undervalued here.There must be a huge re-rate in the cards soon

Trading Update

 

· Production for the final four months of 2020 averaged 12,500 bopd, within guidance

· Production and oil sales for the year ended 31 December 2020

o Production: 5.1 MMbbls (average of 13,900 bopd)

o Oil sales: 5.1 MMbbls across 12 cargoes

· Operations

o Aoka Mizu FPSO uptime of 98% during 2020

· Key financials for the year ended 31 December 2020

o Revenue: $179 million

o Realised annual weighted average oil price of $35/bbl, or a $7/bbl discount to Dated Brent, including transportation costs

o Discount to Dated Brent of $2/bbl in H2 2020, compared to $10/bbl H1 2020, as oil price volatility reduced

o Year-end net free cash1: $106 million, compared to $87 million at 30 November 2020

Personally i think tommorow a small drop or close on par before we carry on this run

You have the likes of jog ,not producing anything and wont be for a while at a similar mcap to us,should be at the very least 6-9p here

All is looking good ,think wele get a pull back 1 day this week before we move on,id rather it tomorrow before bit of a test of a quid before we shoot up end of week beginning of next

Could drop down to 10 p before we see a rise again

123p

Depends on sales numbers i suppose.theres no reason from a decent rns of 100%+ isnt possible.
And if theres multiple sales new throughout the month this could really move up(all imo ,based on absolutely f all!!)

Im going 1.23 finish for next friday(unless sales news drops)

Just re watched the interview,i really believe we have some huge numbers coming our way.
10th -17th February im thinking!

Personally i think the market cap is high versus the revenue there bringing in

The news is out ,they are selling mid February!!

Bitcoin is pure gamble theres no real asset.
But if you lime a gamble its fine i suppose!

Tymers,its not a fact ir will bee a 100k at year end!! Thats called a opinion!!

Bitcoin is just a huge buble about to burst,it dosent serve a purpose.
This all my opinion,but after a lot of research there is still no benefit of bitcoin

Looks loke a big drop on the cards tomorrow.
How can btc rise silly ammounts just because elon give a thumbs up!!

Limpin was reying to this part

Wonder whether this kind of news will gradually become more frequently reported and will aid companies like ARB in the long run.

Adam ,why will it aid crypto??
Name 1 benefit of paying crypto rather tgen using normal bank card

Zengah dont encourage people to lose money for your gains

Its clear to see by the charts btc is going fall sharply
Tin hats time im feeling

Im still to make my mind up if crypto is just a bubble.
After looking and looking i still carnt see any benefits for the the customer,but i am keeping a open mind