Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Yep jagua
Anza is being spent on by our partners
just dont understand the naysayers
Okay, so no sale and dla piper and UBS who have been working on this for over 2 years are going to walk away with zilch for their efforts.
REALLY
Wookie
Debt repayments will soon be upon us.
The narrative was that by december gone we would have had gross production of 5000 bopd which should have been sufficient to cover monthly repayments.
We either now have to hope for a big ramp up by march or succeed in Cuda bid or get the Cpr.
Until then things are uncertain and one thing the stock market doesnt like is uncertainty.
The next 2 months are critical
I think we should give am credit where its due.
Atomic to all intents and purposes was a 'distressed sale'
AM pulled off the purchase at pennies in the pound( read tiburn and hfb's calcs)
As the sage warren buffet said " don't buy the share, buy the company"
We know the value of the underlying assets.
By easter we should know our golden goose aka Arthur Millholland has pulled off the 'purchase of the decade' and laid the egg to trump all eggs.
Unless you need the money urgently the hard work is done just sit back but then you shouldnt be investing on AIM.
GLA
Agree, Casper, tobe honest you never know whats round the corner on AIM.
Good risk spread and managment.
Hi Casper
Do we really need Thar or Hydrogen if we are targetting 2.5m-4m oz gold at Northern alone never mind the more prospective Jundee east.
If we acheive those targets then this is a 10 bagger on gold alone.
DYOR
Alot has been said about potential SP with some posters accusing others of 'pie in the sky' ramping.
Let's get 2 points clear
1. its not a question of if we have oil. We do HAVE OIL and lots of it. CPR will confirm to us as a 3rd party how much and how much is recoverable.
2. the starting point saying only what covers our lease area of the resevoir is 1.6 billion barrels.
1.6 billion x poo $85 = $136 billions
the question is what do we take off from that base figure. Lets say 3%
136 billion x 3% even the we are left with $4 billions
4 billions / 194 millions shares = $21
convert that to sterling we still have £15
question is how quickly we can realise value
DYOR
'Since the Rns last Monday wti is up nearly $8 imagine what that does to the value when you have 1.9bil barrels of it :-)'
If all other metrics remain the same adds $15 billions to the bottom line
Nickel stockpiles on the London Metal Exchange recently fell for the 51st straight day.
Nickel registered a supply-demand deficit of around 180,000 tons last year.
The combination of strong stainless demand, rising EV demand, and growing but still constrained nickel supply looks set to continue.
Stainless demand remains strong but investors are more excited by the long-awaited ramp-up in electric vehicle demand.
In the U.K., one in four new cars last year was electric. That is a growth curve that holds the prospect for a substantial increase in demand from a sector that had long held promise but traditionally failed to deliver.
Nickel demand in EV's
According to the International Energy Agency, demand for nickel will need to grow 19-fold by 2040 if the world wants to hit the targets of the Paris agreement on climate change.
From www.oilprice.com
The traders and mm's are playing with this.... we know the score over the next 6 months.
Bring it on
GLA
Agree. We should gatecrash 40 im the final hour.
Sp holding very well whilst brokers, mm's out lunching
Tintra
Are you for real
OUR JOUFNEY HAS JUST STARTED, MATE
Yes, tonight we can dream
NN could easily bid $8 billions for mochendra assets with a years worth of profits
Mcap $39 billions
Ebitda $8.78 billions
https://www.powerof78.com/2020/07/19/eua-potential-bidders/
An interesting read for a lazy saturday afternoon even though article is dated 2020
If rosego is leftover illgo for £2
Ive gone straight fof the red bull. Lol
Ill be angry if dla piper etc having worked on this for ages were to secure a sale for a measly 2-3 billion
If there is going to be a lowball bid it will be before august before Art gets down to work on the field and start putting meat to the bones
Tiburn
31m to 1.6b is a huge jump. on 31m fair vaule was £146 million not taking into account poo increase from $39 to $80
Cant wait for the CPR