Member Info for EyesOfBlue

When he first published a deep (ish) dive a few months ago the price immediately ran away from me, so added to my list. Now it's drifted back somewhat, I've started a modest position. Looks like great value if they can fulfil even a little bit of their potential.

Updated thoughts published earlier today, well worth a read. His 3 other articles today are also worth looking at eg WISE and PRTC.

https://theoakbloke.substack.com/p/eco-b-a-partner

Https://theoakbloke.substack.com/p/prtc-e-for-the-big-day

Good enough for me.

I just bought £3k at 120p, really liking the look of the numbers. One to tuck away awaiting a proper revaluation maybe? Next results out in April?

I expected the gap between the Canadian and UK SPs to narrow by now? 92p over there @Fri close?? And the former will surely rise further this afternoon???

Last comment was tongue in cheek btw 🤕

Fine by me. By far the best time to buy ENOG shares is during some madness or other. The SP always recovers when the dust settles. Then we can sell to the herd who buy near the top.

You only have another 55 minutes to wait for the direction of travel, according to AI

Gold prices change continuously, updating every few minutes during active trading hours. The official LBMA Gold Price (London Bullion Market Association) is fixed twice daily at 10:30 am and 3:00 pm GMT. The market operates 24 hours a day, five days a week, typically starting Sunday 11 pm GMT through Friday 10 pm GMT.

Easy tiger! I can't see $5,500 tomorrow but it's certainly looking likely if the conflict isn't resolved within a few weeks?

Why on earth do you think the SP will rise when we're shutting down gas production?!

https://www.reuters.com/business/energy/israel-shuts-down-gas-fields-after-us-israel-strikes-iran-2026-02-28/

Reported as the sad sack spammers he truly is.

Cheaper shares on Monday then. Praying there won't be many innocent casualties, more importantly 🙏

LONDON, Feb ​28 - ⁠The Israeli ​Energy Ministry has ​ordered the ‌temporary shutdown ⁠of parts of ⁠the country's ​natural gas reservoirs after Israel and the ​United ‌States launched strikes on Iran on Saturday.

The ​Leviathan gas field ‌offshore Israel, operated by Chevron has ‌been shut down, three sources told Reuters. ​Energean’s production vessel that ‌serves several Israeli fields has also ⁠been ⁠shut down, ‌the company said in ​a statement. (Reporting ​by ‌Shadia Nasrallah and Marwa Rashad; editing by Barbara Lewis)

Rusty in his conclusion celebrating 25 years also inspires DEC-hands to give each other a high five. DEC the underdog who took the other man’s trash and made it his treasure, DEC the company that gets stuff done, that thinks outside the box, that has aggressively moved to grow and then to optimise has proven itself.

Positioned now for a stronger outlook for natural gas, of LNG exports the tortoise outlasts the hares, where vertical wells and steady production owning large sections of the midstream, holding large reserves of over $5.2bn (discounted at PV-10) and more in undeveloped, innovating into new forms of energy and abatement too.

But where growth isn’t over. Carlyle offers multi billion backing for further deals and DEC tell us leverage will be maintained at 2X and 2.5X adj.EBITDA. Growth will be based on a focus on synergy and value and buying whatever offers upside.

Well worth reading the full OB article, it gave me enormous pleasure 😇

https://theoakbloke.subs...king-and-the-sherry-dan

Looks like Chinese demand is again the driver of higher gold prices?

👍🇨🇳☝️

Excerpt from CNBC yesterday. At times like these I'm glad I hold a lot of gold, oil and gas producers!

Gold’s next likely upside target is $5,450, with key support near $5,120, Streible said.

Data showed that U.S. producer prices increased more than expected in January, suggesting inflation could pick up in the months ahead.

Markets are pricing in about a 42% chance of a 25‑basis‑point U.S. Federal Reserve rate cut in June, as per the CME FedWatch tool., opens new tab

Elsewhere, top consumer China’s net gold imports via Hong Kong in January rose by 68.7% from December, Hong Kong Census and Statistics Department data showed.

China’s central bank moved to curb the yuan’s rise by removing risk-reserve rules for forex forwards, encouraging more dollar buying.

https://www.cnbc.com/2026/02/27/gold-heads-for-seventh-straight-monthly-gain-on-safe-haven-demand.html

1.69CAD is 92p - around 6p higher than the UK closing price. And given the horrible Iran 🇮🇷situation, I don't think gold will be getting cheaper from Monday? 🤔

Got ours across multiple accounts with ii late morning 👍

Actually strike that, had another look at CNBC 5 mins later and no mention of after hours SP change. Bit weird.

https://www.cnbc.com/quotes/DEC?qsearchterm=

SP up 4% after hours. Splendid stuff.

Missed one:

Net debt-to-pro forma adjusted EBITDA reduced to 2.3 from 3.0

👍👍

So record revenues for FY 2025, doubling of EBITDA and FCF plus up to 10% of shares possibly being bought back.

Share price boom!

Another big acquisition and ex-div day obviously points to a SP crash tomorrow.

Anything could happen but would be funny if the SP didn't even move a cent 🤠

Bravo.

Diversified Energy Reports Record Year, Highlighted by Transformative Year-over-Year Growth, Strong Cash Generation, and Integration of ~$2 Billion in Acquisitions with Meaningful Synergies

Significant Revenue Growth Delivers Higher than Expected Full-Year Net-Income and Adjusted EBITDA that Beat Guidance