Member Info for Gavster-NBC

Shared this a couple of days ago on here.

Underneath the picture to the right they have a "Sharing link" which is not subjected to LSE's asterisks.

https://1lo.co/4mDey

"Q6: You also made a recent announcement regarding an additional listing on the New York Stock Exchange. Can you tell us a bit more about that and what advantages that you’re going to see going forward?

A6: We’re a US company and the London market has been so good to us over the last seven years, and we’ve been able to really grow the company substantially using the capital that we’ve been able to raise in the London markets along with our financings and stuff. We’ve grown the company substantially from an $84 million market cap company at the time of the IPO to just close to $1 billion now.

So, I think this does multiple things for us. Number one, it gives us a new investor, a US investor that can raise our profile here in the US, can hopefully help with additional liquidity, trading liquidity on a daily basis so investors that are in London can trade directly with investors in the US and vice versa.

We’ve seen a very illiquid London market here in the last year or so with a lot of outflows and such. This is going to give our UK investors another opportunity to trade with a larger pool of investors that haven’t been there because US investors don’t really do a lot of investing in the London market.

So, I think all of those are the main reasons why and just access to greater pools of investor base that we see here in the US."

What happened at 3pm today ?

Down 0.8p in 20 minutes whilst the gold price went up.

"I don't fully understand the fall here."

Neither does anyone.. There is only speculation.

Funds making sure its cheap as chips before a feeding frenzy when DEC becomes listed in the US.

Funds selling to keep their investments ethical.

Constant bad press and worries about the number of badly capped Wells and methane leakage. The sad death of a US teenager who sat on a concrete capped well which then exploded doesn't do the well capping business favours.

Well capping and leakage legal changes.

The weird lawsuit about the company abandoning their capping responsibility in the future which hasn't happened.

All and none of these seem to answer the constant slide.

@Andy144

Well said. To back up your post chart-wise.

There is clear positive divergence showing on the daily chart now.

Both RSI and MACD are rising as the price goes down on small volume

(That is until today where IG is showing volume with a big green bar and a volume over 26m, I've not got level 2 nor can I see the list of all trades here to confirm that).

Https://simplywall.st/stocks/gb/energy/lse-dec/diversified-energy-shares/news/diversified-energy-company-plcs-londec-recent-93-pullback-ad

I guess we should expect nothing less than bad sentiment before the US listing.

I assume then the broker reports expecting $30 $40... Matter of patience here, ( or bare knuckle trading ).

On IG, it's showing down by 1p which is overdone, but sellers yesterday will be already buying . We may get lucky, the POG is sustaining at 2045 so far but the short term "dollar basket" is not convincing either way.

Looking at the 4 hour chart, and adding a channel indicator, the SP could retrace to low 16's which will be fine for DRIP investments mid December, and signal buying IMO.

@Mulder I hope you're right. TBH Even if it's 215k in 2024 then 240k in 2025, the dividend should still be going above 2p and so the SP will adjust accordingly to the late / mid 20s at least.

Their new shift timings allowing more "Rock face" work have definitely worked with guidance going from 175k to 190k (which was brilliant by Loots). What's not so good is the stage 5 and stage 6 reappearing in the Barberton load shedding notices.

https://mydorpie.com/m/?page=loadshedding&suburb=Barberton®ion=Umjindi&province=Mpumalanga

Would have been "Transaction in own shares" of well over a million.

Well,in that recent youtube interview Rusty made it clear he doesn't care what the share price does.

Any explanation at all.. Anyone ?

Even the share bashers are quiet.

The only consolation here, well I'm not sure there is one.

Hold..

Without meaning to take the wind out of those optimistic sails, Mintails will currently take production to 240k, and no chance the SP will get to the high 20's until PAF is either fully powered by renewables or Eksom sort out their mess.

Great results, not. $3m spent, on what apart from wages and shares, maybe some basic drilling. Well done Stifano, bet you fell good about fleecing shareholders so you and your Sprott buddies can enrich yourselves and produce nothing of value since you arrived. What progress exactly has been done since Roland handed you the keys of a producing mine and a 50k per year feasibility production plan ? You bought some fields in Scotland, and spent $13m on go only knows what, gaining nothing of value.

What a great day for PAF ! Still one more day until ex-div too.

I took my IG profit at 17.6, which is fine as it increased my balance by 20% and was my largest profiting trade, but so typical of a spread bet to take too early, should have put a rising stop instead, but no worries, my IG a/c is small fry compared to my ISA/SIPP/Trading accounts which all have PAF shares.

Haven't sold a single one, and wouldn't consider it whilst the POG is going nuts and we're about to enjoy our Christmas dividend. PAF will be able to buy new fields of Solar panels and some windmills which will help to power the mining and get back above 200k oz, the guidance before Eksom started load shedding.

At current gold prices an additional 10k oz would mean an extra $20m and extra cent on the dividend, and a welcome return to a mid 20s SP.

"If up to date M&G Investment Management Ltd. 3.563 %, Increased to 4.9%"

Well lets hope they were happy getting them so cheap and a normal market can resume now...

Resuming in the fashion of a loaded spring tomorrow would suit most of us IMO.

Trading statement was great, steady ship, another dividend announce. Market reaction = "Whatever. Sell."

Over 3p in dividend to be had this Thursday. Market reaction this week = "Whatever. Sell."

Facetious class action lawsuit ongoing. Market reaction = "Did you say lawsuit. Sell."

Yield is amazing 20%. Market reaction = "Must be too good to be true. Sell."

Double Bottom on the chart. Market reaction = "Charts are nonsense. Sell."

Triple Bottom on the chart. Market reaction = "Charts are nonsense. Sell."

Quadruple Bottom could be on the way. Market reaction = "That's a dead cat. Sell."

Gas price goes UP but no matter, DEC sales are hedged. Market reaction = "Whatever. Sell."

Gas price goes DOWN but no matter, DEC sales are hedged. Market reaction = "Whatever. Sell."

Some mentioned the word Frack.. Market Reaction "Definitely sell"

US UK Dual listing, American investors will love the high yield. Market reaction = "Whatever. Sell."

diversified energy company continue to get enhanced results from wells (lon:dec)

https://1lo.co/4mdey

or

https://www.***************************/diversified-energy-company-continue-to-get-enhanced-results-from-wells-londec/4121134364

...

q4: how has the integration of your tanos acquisition been progressing? you highlighted some incremental expense improvements in your q3 trading update.

a4: so, that tanos transaction, to 2021, we had acquired another asset, another tanos asset at that time, so those were very close in proximity to each other, which allowed us to garner a lot of synergies between the two asset bases.

the other thing about the tanos, it’s been very, very easily embedded into our existing operation but we also have four drilled, uncompleted wells that came along with that transaction that we’re planning on completing and fracking later in december, and then being able to produce that gas into a higher gas environment next year.

so all of those things are playing into the positives of what we saw with tanos.

we still have a lot of undeveloped acreage there that we can look at from the cotton valley perspective, and a lot of projects that we feel like are in production-enhancing that we’ll look at laying into next year also.

Well done LWHL. Profit is profit. I have a trade going on IG on top of my shares, but I'm aiming at Wednesday to sell that due to the ex-dividend gap down on Thursday, which during the days after the gap might be the drop to the 15s you're looking for if gold eases.

The plan with my shares is to hold and DRIP until 2026 for Mintails to start production. I may take some profit if there is a really obvious spike up to the mid 20s for example. I've had shares for about 12 years now and I don't want to miss out on the big sentiment drivers, 2000$ gold prices, Mintails, SA takeovers and news of Eksom solving their problems.

Breakout above 17p.. At last..

Would be great for us PAF holders to see a return to that 18 to 21p trading range, perhaps after a bumpy ride to next trading statement in late Jan.

Especially when load shedding is still ongoing (but less) which was the reason for the lower guidance and bashed the SP to the low teens earlier this year. Eksom solving its problems would be a massive boost here.

Hi Mulder. Maybe not that significant.

I did however receive a great email back from them about my question. The Solar panels provide power during the day, no battery/storage options yet as too expensive but looking into Wind to provide power at night as well as the back up generators. Their mining operations adjust accordingly to the load shedding schedule.

Rise to ex-div next week. Can the SP finally break into the 17s again...

Look at the votes against the BOD to basically advise them from enriching themselves. If only so many other UK companies were like this. Good to see shareholders keeping them inline.

Thanks for the help everyone re with holding tax and SIPPs. I'm certainly going message then call my SIPP broker EQi. It amounts to significant amounts.

Well done pickedpeck for going through the files. I started this morning and soon realised I need to do this at the weekend with no distractions as it could be a few hours. The allegation that they will not be able to afford to cap the wells seems very odd when they clearly can and are doing so. on first glance it looks ignorable but I will def read through it as well.