Member Info for hereandnow

Worth noting two things re. politics.

Petro won the first round in 2018. Then all the other candidates swung behind a 'anyone but Petro' candidate and they won.

30% of the country's GDP is from oil and gas. He cannot fulfilled any of his agenda without these incomes. A number of leftist politicians have threatened punitive changes if they came to to power but when they won power didn't follow through as they needed the revenues.

Everyone getting a bit dramatic about the Nomad. They need to appoint one by the 29th., then there is a standard period of DD before the new Nomad agrees. This DD is a formality because they already had a Nomad and the management have a long and illustrious and highly successful history in the public markets.

the placing is beginning to wash through. Closed at 33.5p in Canada

Signs that the overhang is clearing

Serica...!

Serica found lots of gas and oil in the North Sea and is busy making lots of cash.

Serinus was never involved in Namibia...assets in Romania and N Africa

https://twitter.com/Robin25461631/status/1513793780020826117

Put this thread together on twitter. New presentation has some very interesting data points.

Effectively, payback is 3 months on these wells which is incredible.

Production to triple in 12 months

80% COS on this set of wells.

Carrizales Norte 90% chance of commercial success. I am particularly excited about this prospect. I suspect

hxxps://arrowexploration.ca/wp-content/uploads/2022/04/Website_Arrow_Exploration_Corporate_Presentation_April_2022.pdf

https://arrowexploration.ca/wp-content/uploads/2022/04/Website_Arrow_Exploration_Corporate_Presentation_April_2022.pdf

Shows clearly how they will move production up 3 fold in 12 months from 1000 boepd to 3000 boepd. Net backs in Colombia ar $83.70 in March. Payback on the current set of wells is 3 months on 360bopd of production.

Producing cash now. This will turn into a cash machine over the next 12 months. It will re-rate and re-rate.

Over an 80% COS on these wells

This will trade back up to 1.5p before you know it. Rock solid placing. Production just around the corner.

I see this going two ways.

An asset sale at 1.75-2.25p ish and we get a fat juicy special dividend of 1p a share

or a fantastic income stock that will be paying us fat dividends for years to come.

Happy either way

Did some digging; It went to two of the biggest share holders and they are not selling so no overhang.

Anyone know exactly what this is at the moment. Always good to work out the maths when a company is on the cusp of going into production.

ty in advance

I think this is better for share holders. Sound's acquisition would have been a paper deal. Did you want SOUND stock?

It's so close to production now and bringing in great revenues and there is still the possibility of a sale at asset level

How many tonnes in each shipment?

2.5m profit for each shipment...of which 27% is due to KDNC?

Do we have any shipping costs? i.e trying to figure net income to KDNC and over what period will they ship this ore?

now that was useful ty

that was useful....

1.25m tonnes

27% net to KDNC

what does it sell for?

Even the trolls have given up.....LOL
We'll have our turn in the sun one day. In the mean time Tema and Sierra Leone are bringing in decent revenues and they are fulfilling that tech contract. Hopefully...one of those many irons in the fire will come good. It's bloody boring and frustrating waiting but that is part and parcel with investing. One day one day...

today.

all the investments going up and the commodities behind them, 20% under placing price, opportunity it seems.

https://*************.net/palm-oil-gains-as-early-march-exports-climb

decent summation here

I believe Maersk Voyager is in the midst of re-supply and maybe a crew change before it heads back out to drill either an appraisal or new prospect on the block.

Venus discovery is the biggest world wide for many a year.

3B/4B is directly analogous and will be drilled next year....suspect they will be inundated with offers to partner/fund that well