Member Info for highlandmatt

I have asked what mechanism they have for compensating folk who were forced to act on their instruction. No answer so far.

Having forced folk to sell, have now received an email saying they are pausing that. FFS.

Back to pre-licence levels. Amazing.

Interesting bit about Snowcap 2 and Jacobin 1 going ahead before SC3. 1800psi downhole pressure. The comment about sufficient oil storage for all three wells makes me think the Ministry wanted the tanks moved as part of the approval process. This might be the cause of any delay.

And that is the value of Cory Moruga. If it can produce 200-300 bopd, with minimal overheads and no debt repayments, PRD can organically fund cheap wells in Morocco.

I once managed 6 projects simultaneously. Not ideal, but amazing what you can do with good contractors. Don't forget Ireland is just paperwork, and T&T has an in country manager.

I would say don't need to flow gas to get an offer, but better to flow gas to get a better offer. Look at Aminex - mcap over £100m for 25% retained in Ntorya.

Or the initial offer was deemed too low by PG.

Not helpful, but a much bigger company.

That's my thinking as well. Copper has been at least $5.50 all year so far.

Have I missed an announcement regarding the divi, or are folk assuming that FCF remains the same so with 30% more shares the divi will be 30% lower (e.g. 8p a year)?

I agree. Maybe just looked at the dilution element, without considering what they are adding for that?

i think we are all a bit ****ed off today.

Revenue $100m EBITDA $25m. Agreed Kounrad is more profitable, but SASA contributes.

Kounrad resourced and licensed until 2034, but may go beyond slightly. SASA mine life to 2034. Geology is what it is.

5 years takes us to 2031 for replacement production, so good timing?

"CAML would be far better off focusing on adding resources or project nearby to present operations."

They are doing this with CAMLX in Kazakhstan.

I think there was only $200k left to pay for the installation? More likely the bank insisted on a cash injection to shore up the balance sheet.

No discount which is good to see, although you could argue the SP has descended to this from 9-10p in anticipation.

Or just buying the rumour again. Having said that, CLIA has to be close, doesn't it?

Cas compressor online. Q2 results show higher pricing and revenue. CR3 remediation delayed, Cas 3 fix when?