focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Anyone with a subscription able to summarize what is being said here ?
"Wishbone Gold – projects news, here’s perhaps why the market reaction Big Dave » *************" https://*************.com/views/66199/wishbone-gold-projects-news-heres-perhaps-why-the-market-reaction-big-dave
"Tom Winnifrith Bearcast: the argument for not selling rubbish like Red Rock and Wishbone » *************" https://*************.com/views/66202/tom-winnifrith-bearcast-the-argument-for-not-selling-rubbish-like-red-rock-and-wishbone
"How will Vast resolve its May debts?
2. When will BPPM operate at a profit?"
Sandy stop trolling
The answer was stated by Prelea in his recent podcast as BP in profit at end of Q1 and company in profit at end of H1
Why do you find it so difficult to take Prelea seriously?
"They may reasonably decide that interim (blow by blow) reports during the actual flow test are undesirable and may lead to a disorderly market, just imagine the effect of a reported high early flow rated followed by a higher than expected decline!
I think that Jay has primed the market in recent RNS's."
That is precisely what I think is happening
That is why I am not expecting any results for at least 2 weeks
They don't want any mess ups this time
And this from Advfn, which fleshes out what I was saying earlier
"The only thing I can think of is that it would have changed Schlumberger’s status and market reporting requirements from that of an Oilfield Services Company to to an E&P company which could have negative tax implications for them. This presumably enables them to write off their investment against profits made in their oilfield services business and is undoubtedly good news for BLOE’s shareholders and any institution thinking of providing finance for its exploration activities.
The same question was asked recently with Schlumberger having sold a potentially valuable piece of oil land for zero consideration. The answer given was this was no longer part of their current business plan. No idea whether this is correct
This was posted on Advfn a while back
"Assume they can get their production costs and overheads down to 10million and lets assume they are getting 2400 a tonne for the concentrate.
So how many tonnes do they need to sell a year, and how much do they need to sell per quarter.
10mill / 2400 = 4116
4116 / 4 = 1041
They need to sell over 1000 tonnes of concentrate every quarter just to break even.
That's a very tall order bearing in mind last quarter they sold around 300 tonnes.