Member Info for indi123

Regarding the CPR, I'm good to base my investment decision on the 2P reserve estimates given by Sproule.

TDav, some very pertinent "what ifs ". We should get an indication of the drilling costs when the rig and drilling contracts are signed, after the permissions have been granted.

Sproule's CPR probably does contain statements of risks and assumptions made. However, these may or may not be standard expert/consultant caveats to cover themselves.

The article from the Wall St Journal at the link below is from 2016, however I believe it is still relevant :

http://graphics.wsj.com/oil-barrel-breakdown/

Hope it's of use.

Perhaps there is a risk of that happening. Then again it may not be the case. As with all investments there's a risk versus reward case to consider. If it's a serious concern, wait until Dominion's charge rates are known, then decide whether or not to invest. Though the reward may not be as good by then.

Please excuse my ignorance micru. Is there a requirement to be physically present to publish the Final Results?

Wonder if it's a business trip. Possibly meeting Auctis and potential institutional investors.

Interview date 16/06/2022:

https://capitalemployed.substack.com/p/patience-is-key-with-harry-walsh#details

Zephyr discussed between 13:40 - 20:30.

Thanks for the reply Quady.

Quady - what's the difference between Blackrock funds buying and Blackrock buying? Isn't it one and the same thing; don't Blackrock always buy through their various funds?

Tend to agree with you BBG. Interesting how the A trades have significantly reduced in numbers today. The likes of Blackrock probably use the algorithms to steady the price while they load up. They'll probably dump a few after the EGM and take the price down. Then repeat the cycle in a few weeks time.

No worries MassiveRay....we all slip up.

Wonder if they'll continue to buy.

Just thought to change the thread name

Full article at link below :

https://www.reuters.com/markets/stocks/top-three-aussie-miners-shed-11-bln-market-value-commodity-rout-accelerates-2022-06-20/

The same Reuters article ends with :

"Analysts at JP Morgan also echoed risks to the sector but said fresh policy support along with easing COVID-19 lockdowns in China would spur a rebound in the second half of 2022, and maintain their “neutral” view on Rio Tinto and BHP."

For information, Ecuador is five hours behind the UK. Therefore if someone posts at 8pm UK time, it is the middle of the day in Ecuador, not the middle of the night.

Blue it is. Gotta say it - wouldn't want to be out of this over the weekend :-)

Poker faced DC. The majors will need to decide when the right time is to take a larger chunk of the SOLG pie. The longer they leave it, the size gets bigger and price of copper gets higher. Excellent position to be in.

Thanks for posting DBW - a very good read.

Thanks mog999. Re-read your post from yesterday, makes more sense now.