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and gold has moved £212 per oz from when the studies were done which means net profits will be circa 60 percent higher than reported. complete no brainer

Not amused- it’s worth looking at the all in costs quoted as $973/oz and the gold price - which when the studies were done was at $1300.
Gold price now is $1512. That means after that the actual profits will be 60 % higher than quoted due to the gold price. Minus tax of course.
Net profit per oz at $1300 gold is now is $539 and not $327. So this is even cheaper than we all think

Lmao - much higher ha ha

This goes nun higher over next few weeks. 3p would be a sensible price for now

too cheap with whats coming. buy and hold imo

yep. Just waited for right time to add.

Target 3p short term. I think this will be over next few weeks. 5p mid term. Long term 10p

Thanks bigbear. ’ve been at the party since 0.85p. I’ve just taken some more just now. Spread closed so looks good to move

Looking good now for a sustained rise

Spurs won’t win tomorrow 1-0. It will be 1-1 or a defeat

lmao. Rob. a week ago you said it will be 1.50p. Its double that. Ha ha

This goes much much higher imo. Also not forgetting Saudi drilling too. Think we will be seeing 3p over next few sessions. This will do an eua imo

3p seems about right to me. The implied value of this with the money coming in is much higher from memory circa 6p per share

looking good guys. another bagger from me- almost

looking strong. offering well over bid

Should be a good few days. Roll on 8am

Lol. And before I get accused of ramping, that’s the only NPV I could find. And they are not my figures.
We will find out soon enough. Even say $100 million for the partner to pay would put this at possibly 1.5-2p.

Page 23 folks.

$886 million. That is what Align have as the NPV10 of cambay. You may not like align but the figures are there in black and white. This could seriously re rate from here. We will find out soon enough.
http://www.alignresearch.co.uk/wp-content/uploads/2017/11/Oilex_Initiation_Align_Research_16th_November_2017.pdf

Bear in mind too that production will be starting again from Dec quarter. Ie imminently. It won’t come cheap.