focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Debt the biggest killer on stocks for a while now - And higher for longer ain't helping. How much loan note debt is there outstanding here exactly?
Yay! - The Singing Bush is back.
He's trying very hard isn't he?
Anyway, welcome back xv.
Agreed. Anyway - significant skin.
Puts him on 23.7%, right?
Great to have you back Oke.
Two thirds of 500k. So £333k.
Hilarious. Written by AI? Either way - Proactive Investors showing the depth of their research. Hope this wasn't paid for.
Correct (fact), and correct (i.m.o)
Jains - Not wrong - I also get about £1.8m outstanding.
About 2/3 convertible at 4.25, and 1/3 at 5.5. .
If they don't convert, then repayments end of Sept, Dec and March (so about 600k each), and done.
That's useful - Thanks!
Dutch TTF is the most liquid and gives the best indicator. Its priced in €/MWh.
https://www.ice.com/products/27996665/Dutch-TTF-Natural-Gas-Futures/data
According to the BP RNS - "Gas supply price will be linked to Italy's "Heren PSV day ahead mid" price assessment". That market seems less transparent though, and I think one of the CPRs said that this trades at a small premium to TTF. I'm sticking with using TTF and multiplying by 0.010764 to get to €/scm.
About right i think.
That's for the 2P reserves only mind.
Excludes 2C and prospects.
MyIPA - You're volumes look okay but you're out by a factor of 100 on the pricing. Its about €0.30/scm, not €30.
Still gives a handy number though, and forward prices look closer to €0.50/scm going out to 2025.
33% utilisation.
Yep - In lock-down 'til all the CLN's have been converted or repaid, regardless of news.
Very cool with management only putting their money into the company.
Ah. Thanks!
Https://www.theice.com/products/27996665/Dutch-TTF-Natural-Gas-Futures/data
Through €56/MWh (+/- €c60/scm) through Q1 2025 now.
Looks pretty healthy, or am i missing something?
Good research GMB.
Assuming they haven't already done so (lets not rule that out given all the sell-on-any-news since Feb), £500,000 would take about a week on current traded volume.