Member Info for Greeno

There is usually a lock in period to stop alba selling and forcing listco sp down
So if listco is seen as attractive give assets and news on ilmenite, graphite etc listco price may rise
This in turn increases the value od the alba holding
And visca versa
So current Alba shareholders dont lose while Alba owns the listco shares and should benefit initially is as proposed the greenland assets are undervalued while part of Alba.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02394771-6A1040596?access_token=83ff96335c2d45a094df02a206a39ff4

Will announce results of their cash raise on Monday
Presuming OK then italy will be on track

https://www.stockopedia.com/articles/could-quality-and-value-be-the-key-for-shares-in-gem-diamonds-228766/

The Minister further informed that UOG has now commenced its global marketing campaign to attract an investor to commit to funding the drilling of an exploration well before January 2022 and executing that well by January 2024.

The cost of such an exploratory well is estimated to range between US$30 million and US$40 million.

H1 will be good
H2 starts with oil up 2% today and above $75
Mc wont lag for long

$5.77 cost per BOO
so just Egypt EBITDA looking good
Profit down to accountants
https://www.uogplc.com/wp-content/uploads/2021/04/United-FY-2020-Results.pdf

https://oilprice.com/oil-price-charts/46

Thats my calculation just from 5000t in the waste pile

Brent oil was quoted at USD75.16 a barrel early Tuesday in London, up from USD74.21 late Monday.

"Oil prices rallied powerfully once again overnight, as the election of a new hard-line president in Iran reduced the possibility of a nuclear agreement and Iranian sanctions would ease," OANDA analyst Jeffrey Halley explained.

Yep ive done the same maths
So keep buying at this price

Expect news this week

Will easily fund from cash flow now oil well above $70

Interesting if the raise is over subscribed or not
If yes then could increase interest in UOG?

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02385837-6A1037296?access_token=83ff96335c2d45a094df02a206a39ff4
$10M of which $2.5 for selva first gas Q2 22 which will be cash generating in 2022

This morning
Expecting good news soon

First of many

Brent above $72 helps

https://www.gemdiamonds.com/news-article.php?articleID=10807

Dividend will be paid in a couple of weeks