focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Temporary accommodation in this type of setting is usually provided in the form of flotels if I’m honest, due to the sensitive environment surrounding the islands, however it does look like an increase in activity and population is being catered for in the coming year or so. Why are we still at 22p though? Crazy!
Use the additional FCF generated towards funding it.....
Great interview, she seemed to be primed with all the right questions too, nice to see a clear message that the board aren’t sitting around whilst a potentially farm in partner mulls the option over and are pressing on to identify alternate partners in an effort to close the deal out. Sounds like Inishkea is a no brainer, especially for a particular nearby operator with the infrastructure in place operating from a declining resource.......
And that Nigoil! I see the RKH resident clown has gone quiet....
Annual results on the 7th and maybe Zama sidetrack news all within the next 10 days. Hopefully positive on all fronts and we can break out of this circle we’ve ended up in..... GLA
Circus is back in town, if people know as much as they say and spout the future, then why have they spent months crying on here every time the SP has a wobble? They’re guessing that’s why! Look at the fundamentals, increased debt reduction, good FCF and well in profit at current point with 90kboepd production, eventually the GS saga will pass, opec cuts will bite and sp will fly. Company strategy is to reduce debt, so no borrowing for Chevron assets and RI at such low share price wouldn’t be worth while. API figures didn’t appear last night, the release time just got kicked back 24hrs and last weeks 0.998 draw was displayed from what I can see, or my eyes are lying..... Presidents’ Day Monday must have been the reason it was kicked back, thanks for pointing that out :) Dialling out for a couple of nights spa break in the lakes with the missus, no stress here!
Have these been delayed? Is this normal? Were due to be released 21:30GMT Tues 19th but have now been kicked back 24hrs, pretty in line with EIA now, hazard a guess that’s why oil has took a minor dip? Draws on both fronts hopefully and a small tick up in poo...
But dare you sell Mrd? They’re not getting my shares just yet!
Be nice to see this push on past 80 before API/EIA numbers. Hopefully start to see production cuts start to bite in the coming weeks :)
Muchaboutmoney, I wouldn’t worry about no RNS, I would imagine the company are restricted by the legal eagles representing us on the no win no fee basis as to what information they can release into the public domain at this point. In fact I’d class no news as good news at this stage, IMO ofcourse......
FID is in the hands of PMO ultimately, and they’re committed to delivering it this year, apparently in the process of converting LOI’s to full term contracts in order to shorten timespan between FID and sanction/commencement of work, what does that tell you Ralph? You must be one hell of a miserable sod to come on here daily to sow your negative bitter twisted seeds amongst us all, get a life!
Rizzla, what is your grief with this bb? The rise came before the positive posts, hence no ramping, all the talk I’m seeing is just repetition of information published on the company website. I’m all for honest posts but you’re just talking tosh.....
Either way we must be close to an update, I had end of Q1 in my sights for an update at least, I’d imagine negotiations are at a definitive point and the bones of the funding structure will be laid out, costs should be known (min, mid and max with contingent borrowing catered for and available) that should enable FID to be made. How much can be revealed is anyone’s guess at the moment though.....