Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Actually Tom winnifrith gave a very balanced review today. Yes he did knock Nighthawk but he also mentioned that UJO has decent UK assets, considerable cash and holds shares that are worth money.
He didn't mention the royalties he did mention the election and implied risks to progress in UK , which unless anyone has been in a coma for a while is blindingly obvious
From experience I see everytime there is a bid that the Target Co opens around 5,6 % below the bid price and the gap slowly closes as the deal date approaches. It carries no meaning in relation to the comments you always see ranging from
Done deal
It's not going through
They expect a bidding war
It's too cheap
Etc
Not sure what is the big deal about a dividend.
I believe that intentions to pay a dividend were made honestly since which economics have changed. I suggest that a dividend will be paid when prudent.
Same with buybacks, not much point really. If UJO was propping up its own Sp by doing buybacks as it certainly appeared to me then there was not much point. Volume was very thin so clearly sentiment needs to be altered and hopefully will be by investing outside the unfriendly UK environment and this is what UJO us doing.
I would much prefer all funds to be invested in value accretive non UK projects giving diversification whilst retaining sufficient to develop those meaningful UK projects as commitments arise
No they say it is not a Corporate action
In the RNS of 25 January it was said by SHG that relevant forms were being posted but I am yet to see anything : I will be mailing Co today @ info@shantagoldltd.com
Copies of the Scheme Document (which includes the notices of the Court Meeting and the General Meeting) and the Forms of Proxy for use in connection with the Court Meeting and General Meeting are being posted to Shanta Shareholders today
Anyone holding shares via Halifax/Iwebsharedealing please note this is not classed as a Corporate action.
In the RNS of 25 January it was said by SHG that relevant forms were being posted but I am yet to see anything : I will be mailing Co today @ info@shantagoldltd.com
Copies of the Scheme Document (which includes the notices of the Court Meeting and the General Meeting) and the Forms of Proxy for use in connection with the Court Meeting and General Meeting are being posted to Shanta Shareholders today
Jury is out .
What was the price and terms achieved on the sale of the Claymore Royalty ?I never saw specific details published. What was the return ?
I hope DB has got this new investment right. Oklahoma wells are notorious for declines. They start off about 267 BOPD and by month 36 drop to a bout 34 BOPD (About 87 percent decline), constant cash burn, need to drill , drill and then drill some more.
Being familiar with what happened to Magnolia Petrolium (MAGP) I have my reservations.
Also looking at the web site for ReachOilGas the term woefully lacking is an understatement.
No doubt we,ll find out very soon about the JV , any chance Americans get to burn some eager UK cash will no doubt be snapped up super quick.
As I said I hope DB has got this right by taking the Royalties route and the risk lies with others but steady on with the JV ,s I say , tread carefully .