The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hasn't Carr's had a higher dividend in the period than the FTSE Allshare. Currently ~5% carrs to 3% all share.
I suspect that carrs is actually ahead if you consider total returns rather than just one number.
New line was added to the latest asx "Net Tangible Asset Backing" compared to previous.
"Shareholders are advised to exercise caution as any revaluation of the royalty may be material."
The day 2 presentation. Cobre 2hr:12mins in approx.
From `Africa Downunder Conference Presentation` https://www.cobre.com.au/announcements/
https://vimeo.com/event/1216727
pw: paydirt (all lowercase).
Endurance some interesting early results from the middle of the most northern section. Galena seen in one RC hole. But It is where the license is narrowest and is unknown which way it will trend. Thus two holes (~200m each) drilled in this area with DDH instead of the planned RC. The more western RC holes, one hole with minor CU showing at 90m, 140m. Most of the other holes with Zn or Pb showings. A bit Meh.
Perseverance, KITE-D006 is meh and being ignored. KITE-D010 looks interesting copper showings at 600, going to drill it another 100m and try to hit a stronger zone. The 3rd DDH drill has been re-positioned to target close to KITE-D010, instead of original target. Hoping to hit something at less depth, or at least confirm some shallower potential.
Not a disaster overall, but not a strike either. More drilling and interpretation needed. Hence more focus on the Kitlanya West area, hoping for something more sexy.
Every buy needs a seller, and every sell needs a buyer. The buy and sells reported are just a label which depends on which side of the mid price the trade occurred at. It has little significance to be honest in markets dominated by market makers who can have massive orders in the background to match.
When? If you mean? HH isn't exactly hot property, recent wells beset with problems, oil price crash and almost every other company that has a stake and access to detailed data has sold their share. It doesn't even look look like ukog will ever post a company level profit, never mid the depletion rate.
The recent results showed 8m of debt...
Note: post period the death spiral has been replaced with a form of convertable loan for kit. Main assets where oil fields which aren't worth much if oil can be extracted at a decent rate.
"do you really think all your negative talk will encourage new buyers"
That is the thing fjones, some people are here not to ramp, but instead to honestly discuss the share. You seem to be only interested in encouraging newbuyers, that is why is isn't worth listening to you.
So have ukog published a CPR for HH1, an updated one that shows some value. Nope.
What are the long term flow projections? Strange that after all this time and years of testing they have never been published. They could borrow against a CPR, but much easier to just to sell shares and dilute existing holders. Down down down.
Enron used to be worth billions does that mean it will again. Logical fail.
The debt hasn't been repaid, instead a new debt for the HH capex equipment has been created. So you are clearly wrong there.
Only directors took a salary cut. To suggest it was over all ukog salarys is incorrect.
Asset level opex down to $13 per barrel. The asset level part is important, need $5 profit a barrel at curremt rates just to pay for SS. Never mention the millions on other central costs.
Ukog have never published long term flow projections. Initial fluid flow results are BS, used to sell crap to retail. Shut in, build pressure, run the well for hlaf an hour report fuild results rather than oil, rinse repeat.
The HH1 portland initial flow results and long term production don't match either.
Ukog do not break even at $13. That figure is an asset level break even, you need millions of profit at the asset level to pay for ukog admin costs. At current flow rates you need $5 a barrel just to pay for SS.
Stop the lying tradedesk.