Member Info for Goldstinger

https://www.fivese.com/
Just looking at FiveStones Partners I LLC. These are a subsidiary of Lonestar I LLC.
Does anyone know is able to find out if these are the ‘operator’ affiliated to Lonestar that is mentioned in 88e’s RNS?
Just curious. Building a picture sometimes helps…
GS

Not had time to read much lately. But well done so far on Talitha. I hope it keeps delivering.
Was a bit surprised that a lowly operator managed to put cement inside the casing all by himself without the supervisor taking any credit for it!
Procedures may need attention. Sacking the monkey doesn't wash with me.
It's like being accused of not putting a question mark after .... where does the cement go..?
**** happens. Deal with it.
What we need is a massive ego driven self professed financial wizard to slide down the hole and unblock the casing with his gob. Anyone know such a tit?
Lovely to see cbaron is p#$$Ed off with him now.
Haha.
GS

Jeepers GTC. Was there any need for that?
Blockbuster news could fall any day now. If it does slip its purely because of a few measly bond conversions and nervous profit takers. Who no doubt (imm) will be sorry for their nervousness.
Long and strong for me.
GS

https://www.gem.wiki/Oil_and_Gas_Pipeline_Construction_Costs
Have fun reading it...
It is clear from 88e's Umiat update in August 2021 and recent presentation that the combining of Umiat new knowledge, this years Merlin2 drill and PANR's success bearing on Icewine acreage are all linked to the 88e BOD's ideas regarding costs for infrastructure/pipeline options. It's there for all to read. What the average 88e investor doesn't need is someone sticking their oar in trying destabilise a companies work before they have published any findings.
Maybe scurrilous behaviour by anonymous posters is tolerated by some companies, but apparently, steps have been taken against individuals and legal action taken against them. I wouldn't sleep well if I were them.
GS

We know from recent events that the BoD will not be hoodwinked into poor deals. With each passing day the BoD also know that, assuming news flow continues to be positive, their ability to play 'hard ball' will be ever more effective.
However, if the big players are not happy doing deals with our BoD, for whatever reason, they can easily walk away. There is plenty of oil around the world. Often not sat under frozen protected tundra. Ie easy plays, but maybe not the same quality of oil or pipelines close by.
There's plenty to be upbeat about but still a delicate balance between outright eureka moments and good old politics, finance and 'sting the shareholder'.
I've sailed past my 5 bagger stage already, still not derisked. Still believe in both PANR and the neighbour.
I do note btw. Theta West Spud was on 21st Jan, total depth reported today on 15th Feb ie 25 days! The well is still not cased. Hmm? Is that a normal time span? Total depth slightly less than anticipated too. Not sure why?
I'm all for these fantastic valuations. Keep em coming.
Best of luck.
GS

16.54
Take a few tablets kid, you’ll be fine. ;-)
GS

08.28
Guess for 6 months divi for period ending 31 Dec 2022. Looking likely to be slightly greater than 30% of Free cash flow which I reckon is R9.6billion. I’m plumping for R3.6billion distribution or £1.65 per share which is slightly more than what I paid for them. Gulp!
I’m no expert though so could be way off the mark. They said they want a cash buffer of up to R6Billion so 9.6-6=3.6. Simples.? :-0
It’s probably more likely closer to your 35p though!! It’ll be interesting to see some financial dudes calls. Roll up guys and gals?
GS

Q should be H.

Thanks Spartacus. And I thought I was Spartacus. Sorry, couldn’t resist. Great film.
So you are taking EPS to be exactly the same as free cash flow there, based on the 136 million share scenario. For 2021, I would think the WANOS number of 105 mill (2nd Q) and 62 mill (1st Q) is more relevant for the 22 Mar 22 div.
I’m also not sure if eps is entirely the same as fcf.
But it’s still plenty to be happy about. Hey ho.
GS

Weighted Average number of shares or WANOS used in the recent RNS is somewhat lower than the 136m shares that are showing on here. Can anyone enlighten me why there is such a difference?
GS

7 Jan '22
Hi Older. Ha, I didn't call this one correctly did I? Never mind. I've stuck my money in other ventures that are doing OK.
eg
TGA (4 bags), PANR(5 bags), Shell (up 50%), VOD, BP, MOS, HSBC, BARC, LLOY etc... all handsome gains...
I still hope to get in here cheaper one day, but not had time to study developments lately.
Hope you are well and I do wish you and BVX success in their goals.
GS

12.43
I've had an email from Mr Africa in reply to my request to keep shareholders informed of company announcement dates. He's agreed as below.
"Thank you for your mail and your suggestion.
We will be updating the investor calendar section of the website in the coming days to reflect the salient dates for investors."
Hope this helps for the future.
GS

11.30 5532mr.
Appreciate your answer. Although I can't find where your P/E ratio for RIO and BHP came from. Are they derived from the seperate coal businesses within their respective groups.
Not saying you are wrong, I just can't find those figures you quoted on any website.
The main point is that our P/E is still ridiculously low, risk or no risk.
GS

Buy = but.

Yes. I'd say at a P/E ratio of around less than 2, we are a good bit behind Rio Tinto at 10.2 and BHP at 15.7.
Not that we could be compared with them directly as they are huge and multifaceted corporations, buy come on! 2 vs 10 to 15. !
Re-rate underway as we speak by the looks of it.
It'll be up 20% by end of the day imo.
GS

Wow indeed. We are gonna need a bigger bo..llinger band!
Love the coal waste Post too.
Was thinking of selling near march 22. But not any more.
GS

Yes, I think Dave mentioned 350/mcf in his interview, which I think was £s. At 1.4 exchange rate its $490/mcf.
He also mentioned 350,000mcf/Yr as production figures. And that costs of getting the stuff out would be around £120/mcf. So each mcf is worth 350-120=230.
350,000 x 230 = £80.5m/Yr.
So no, we have no income now, but the prize is this presumably! I've no idea what is included in the 120 that he quoted, so maybe not including the government's cut but, maybe yes as this seemed high to me. By all means critique my figures, as its just what I heard in the interview and put together out of interest.
I'll check tomorrow how this sits with analyst figures, if I can find them.
GS

Apologies if already seen.
https://oilprice.com/Energy/Energy-General/Why-Helium-Could-Be-The-Hottest-Commodity-Play-Of-2022.html
GS

When the max is raised and announced, I reckon it'll be back above 2.7p. , and then some..
No one has been mislead by 88e management in my opinion, with regards to funding. And it is clear in today's RNS what the capital raise is for.
Whether folk interpret announcements differently by choosing to ignore the content and written words is entirely down to individuals. Best keep a purely financial head on when making buy & sell decisions.
I'm gutted that I didn't profit from this latest little uppy downy bit, but just too busy juggling other of life's little challenges. Can't win em all.
Keep smiling and stick to your guns.
Good luck all.
GS

Add to that that the oil price was $67 back then, ie 25% cheaper than now.
Market cap is currently 14% lower, oil is 33% dearer. To say nothing about gas prices…
The market will correct itself and is doing so as we speak..
GS