The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Scir should have been bought over by Wen for less and they could have given scir shareholders shares in Wen.
Last day of the 100,000 MWh/ month hedge.
Right Harry, let's sell the company for 14p per share before our JV partner whittles our 30% share down to nothing.
no. revenue.
The 9 month hedge is due to terminate end of March. This will mean daily revenue of £1.8m at current gas prices.
I don't see what the big fuss is. Giving themselves a reward for what they've achieved so far and at the same time incentivises more deals that will increase shareholder value.
My buy order is listed as a sell
Viaro energy bought 20% of Laggan Tormore from SSE in 2020 for £120m, and only had to pay £25m on completion of deal with the rest due 3 years laters, plus extra if gas prices increase.
Total asking £220m for 20%. A similar buy now pay later deal should be affordable for Kistos. It seems like a good arrangement for both buyer and seller.
Taqa were due to offer up their North Sea assets for bids this month. Part of the sale includes 3000 boe/d of Dutch assets, which might be of interest to Kistos. Maybe find out next week.
Hedged amount is 100,000MWh/month of Kistos' 60% share of gross production.
Your figures are what I roughly get. The hedge amount is I believe 100,000 MWh/month which is 3333 MWh/day.
I calculated H2 revenue to date to be about €60m.
3333 MWh/d are hedged at €25/MWh until March.
That leaves 9600 MWh/d at daily TTF prices.
Kistos have had constrained to no production during the High gas prices period from end of June.
So the new deal has dropped the 100% NPV at $2000/oz from $485m to $438m - down 10%. But the Kefi share increases from 45% to 65%, increasing Kefi NPV by £66m. Good work Harry.
Nice round of golf in the morning followed by lunch and swim in the spa. Then drinks and AGM at the bar before 2 star Micheline meal.
Today's presentation shows current mcap of £39m equates to $30/oz of gold equivalent for all 3 resources. A for sale value of proven resources would be more like $100 - $250/oz.
Does any know the Copper extraction costs, i looked up and average all in sustaining costs are about 191cents per pound, which equals about $4180 / tonne.
Nothing new in the RNS except a revised percentage target for Kefi's share of TK - now up to 70%.
what are the chances of a takeover bid for Kefi. how much is the going rate for £1600m of in ground resource and £1000m life time profit.
Yes sir straight away sir