Member Info for EyeGuy

nice day here. cheap supply should be exhausted soon

smellyben- the market as such hasn't spoken. Lanstead are not selling due to the news. Their decision is pre-determined despite the news. Its trading imo in a false market. nothing more and nothing less.
imo dyor

talkinto- the share price is a reflection in part to the TR1 holders selling into a general lack of liquidity. Now news has come and its good and the ex TR1 holder is either out or very nearly out then its back up.
Of course buying after full production is less risky but likely you could be paying triple this share price then.Thats the risk you take pal.
£3 mill mcap on aim gets you a very early aim explorer without a jorc. Not a potential small/mid tier producer with a few teething problems. dyor

err- without the DMS its NPV is still over $80 million.

After today I would expect project level finance.
There was talk of dilution last week. Hasn't happened pal.
Why shouldnt a producing copper company which has 60% of a project with an NPV of upto to $245 million be capped at say £40 - 60 million? No reason why not.

Here is why the SP I think will be 5-6p in next few weeks. Financing risk now gone.
Next year with DMS upgrades annual revenues will be $132 million - assuming 22000 tonnes copper produced per annum at $6000 per tonne.
NPV of the project with DMS upgrades $245 million.
This should really be 5-6p already imo. Just the 2 sellers- 1 gone and Mr Boyton probably almost.
Net year if the figures are hit I think 20-30p or possibly more is very realistic.
Thats still only 15% of project NPV.
DYOR
Just added more

Babbler - staying in pal. Added another £3k. Production figures are amazing if met. That’s the downside the if.
If met then imo easy 20-30p. Annual revenues over $100 million when ramped I make it.
Gl though. Added to the other stock u r in too

THIS IS IMO THE LAST DREGS OF JAMIE BOYTONS HOLDING. WHEN GONE ITS GAPPING UP IMO
DYOR

brilliant news. added. expect 3-4p in no time now. gla

undervalued- will keep adding

yep- impressive RNS but lanstead using the liquidity no doubt

Key week of course coming up. Gla

minimum equivalent 170 barrels oil per day.
capacity 175000 BOPD equivalent

Paul Haywood, Director of Block Energy, said: "I am highly encouraged by progress we have made towards securing a final offtake agreement with Bago, one of Georgia's largest domestic private gas traders with extensive infrastructure capable of handling large volumes of gas. West Rustavi offers huge value potential for Block and with rig contracts now in place, we are all set to commence work programmes to unlock this potential and upgrade resources to proven reserves. With multiple gas discoveries having already been made within the Licence which lie on trend to the same play currently being targeted by Schlumberger on a neighbouring licence, Block XIb, I look forward to commencing our imminent work programme with optimism as well as to updating the market when a final offtake agreement has been put in place."

Did you see on the interview- 175000 barrels per day equivalent capacity FROM BLOE.
amazing potential.

market asleep on this one. can see 3 bags for a start

will keep adding here. Its far too cheap for where they are. 600bcf. funded operations.
the 130BOE is only the minimum and they can accept much more than that

Hi tradedesk. Looks very good to me. Happy to hold. Very cheap

Babbler- market yet to catch on. Easy double digits on this imo.
Just taken some more

Sorry $10 million per month