Member Info for GeneralLevy

Coming in at the end of the session, feeling positive for the week ahead, have a good weekend all

GLA

Broker upgrade by Deutsche Bank 4,100p

Jesus shakhtar you’ve ruined this bb

I believe we should be receiving the interpretation / outcome of the vlieland oil appraisal any time soon. Remember, it flowed at higher pressure than anticipated. Bit of a shot in the dark but I’d say this is anecdotal to higher reserves than previously estimated too.

Gla dyor bwtfdik

My bad that’s the dollar to euro conversion

The opex is in dollars but the conversions appears to be euros, other than that matches the quick calcs I’ve done :)

Yes my calcs come out as that

Kistos own 60% of the asset so it’s 12,700 x 60% = 7,620boepd

If you go on the marinetraffic website all the berths are still being used by the bulk carriers

Yeah will defo be with us for at least a decade yet even if the renewables / energy storage rollout went well

On MarineTraffic.com, looks ok to me?

Doesn’t look like magic, looks like the barchart Richards bay coal futures

Happened on Wednesday and no rns so business as usual presumably

Do tga derive an income from that part ownership?

$170 / 1.38 = £123/tonne sale price less 20% discount £98/t
Costs 990 Rand/t x 0.048 = £48/t
£50/t x 16m tonnes / 365 = £2,192,000/day

I forgot the discount in thungelas presentation from my £3m figure, so I make it circa £2.2m a day based on the above?

Glaglth

I make it over £3m profit before tax per day? Surely that can’t be right? Anyone else run the figures?

Glaglth

You can tell who plays at the kiddy table on here, you can’t effectively trade if you have any kind of a substantial holding

Holding until at least 550 at which point I’ll re-evaluate

Glaglth

Lets split the difference and call it £245k per day ;)

Probably just grg selling into a bear market

Then I expect to see 20p before the end of August, the share issue churn was inevitable and will last a while yet unfortunately

Glaglth