Member Info for ENGLISH73

Interesting to read that grades as low as 0.3g g/t Au are commercially viable due to the shallow nature of the resource and low cost.

More drilling to delineate zones, should be good but patience needed.

Anything coming into production near term should do very well. Galantas needs to get up and running but should be a beast with a relatively low start up cost based on the size of the operation.

From memory I think capex requirements are low with existing infrastructure. Correct me if I'm wrong.

For any investors this should do well, with Galantas aiming for production, potentially by year end.

The price had run up too fast as commented but today's price is immaterial anyway, as the story is just beginning .

I bought a small position here and I feel more confident of my investment after this RNS.

An individual putting in that type of money at 2.2p is a ringing endorsement.

I read that at the weekend, surprised they market haven't picked up on this.

Should greenlight a lot of projects, particularly this one with the demand for rare earths and it's low impact mining process.

Bonus that M-HZ9, originally planned as a water disposal well will now be a producing horizontal well.

It appears that they have the water disposal under control which should bode well for future production figures.

Completely agree, I barely visit this chat now . These users (GGG, johnoxxx, alligator etc) have turned this chat group into a cesspit. Constant diatribe against each other...so boring.

Agreed. Sub £20m mcap for all the infrastructure & those assets. Others will clock what a bargain this is and it'll climb slowly. The markets have been brutal this week too.

First well in Mateguafa Attic field and hit oil. 2 more wells before year end. 570(285 net) bpd on a heavily restricted flow. Ticks all the boxes for me.

It's an incredible contract awarded and shows the trust some of the largest mining companies in the world have in CAPD. $60m per annum potentially covers 20% of our annual revenue (guidance f/y 2025 $300-320m) and is half of our current market cap! If it was another mining company they would need shouting from the rooftops!

Even with the write off/down and damage to the bottom line this year, CAPD is serious unvalued.

RNS Jan 2024...."The Company exited 2023 with a production rate exceeding 3,200 boe/d net. "

RNS Jan 2025....a tad over 5,100 boe/d net and punters are selling? A stellar performance with astute management. Looking forward to 2025.

Another successful well put into production, their success drilling is phenomenal! Could hear about AB-2 well production by end of the month too.

Why?

"Water disposal facility at the CNB pad began operating on November 2, 2024. This completes the current water disposal infrastructure allowing Arrow to increase pump rates and production."

They've put in place adequate facilities for current/future production from existing pads.

I'm not seeing any red flags, management having put a foot wrong so far, no debt, and focused on managing the reservoirs for longevity.

Unbelievable, you'd think they'd hit a duster!!

Organically funded drilling campaign, adding production and 3 million in cash reserves in 2 months.

Lots of upside to this company!

Since the share price high on 28th Aug (33.5p) Arrow have added 5000+ barrels per day(net 2500 to Arrow)

Even with the softening of oil prices, they are chucking of free cashflow.

Recent presentation(see below) states 15mil cash plus 3.5mil per month and more importantly....no debt.

This is still incredible value at this price.

Thank you, appreciate the reply. Let's wait and see.

Great interview. If their plans over the next 18 months come to fruition, Arrow will be a beast of a company.

Next week's horizontal results should wet the appetite!

Shall I presume that it's too late to complete and return that form? If so, do we receive nothing or will they find other ways to send us shareholders some funds?

"The Company spud the fourth horizontal well (CNB HZ-5) on August 22".....maybe end of the month till it's on production?

They're certainly active with that drill bit!!! Good to see a company working for the shareholders.