Member Info for ivans

excellent update today on Sealion. we are making progress at last, thats generally will bring world attention to falkland.

bought some PMO today at the back of that news, willing to hold for longer to see Sealion progressing/

also have small stake in BOR which has Darwin discovery and hopefully the progress at Sealion will bring positive sentiment to Falkland in general and help BOR sp. most investor in BOR are underwater and was 100m mcap back then and now only 6m (with cash around 3m).

hopefully both PMO and BOR will bring smile to me over next few mths. bargain is an understatement for both

way oversold due to lolar.

yes, it was duster but in no way impact our irish farm out. look at North Sea, several dry hole but doesnt mean the basin has no value. though would be nicer if lolar was not duster.

anyway, my next news would be Moroccon licence. has been long overdue and its coming. then we should get our irish farm out.

top up for those looking for bargain

its too cheap - bargain for those looking to buy in before the crowd jumping in

palladium shooting up and about to break $1500. surely that will give uplift to JLP !

so, who bought that? very large buy havent seen for a while.
should do well going forward

RKH expecting export credit guarantees in early Q4 2019, so thats only few weeks away.
that will again drive BOR to even higher sp. we have seen how it was last year from 2p to 5p was it?

i really think sealion will be hot topic next few weeks and month. RKH is driving it.

BOR should get positive sentiment at the back of it too. major will be watching and look at our cheap portfolio

rkh and pmo rerating... will drive BOR upwards as well imho

to imagine this was above 2p recently

yes, berenberg downgrades us, but other broker such as JP Morgan still reiterate target 35p

https://www.hl.co.uk/shares/shares-search-results/p/petra-diamonds-ltd-ordinary-10p/broker-forecasts

am expecting next few days/early sept

on lolar/

we should get morroco licence anytime now. thats my target

i prefer for BOD to do placing now while sp still above 7p, rather than wait till towards the end when probably we will end up 5p if no funding coming !

by doing now, we can get the bad news away and we probably can get away with placing at 6.5p. which is not bad considering !

so, if we produce 10m seeds in the first year, selling at $1 per seed with 80% profit margin = 8m profit to HNR
what if we produce 20m later next year? = 16m profit

if we produce for 10 yrs?
what is our expected mcap ??

we should get back to 1.8p at least very soon. after all, FD bought recently at 1.8p. lets see what BOD has up their sleeve to bring sp up?

so, today all derampers are out in force -sellers all gone hopefully,
so, tomorrow, sp will start recover after derampers able to buy in cheap.

typical

thats my target by early Sept. first target. could well be even higher

are we down today due to another rumour of placing, or because lower quality of copper ore per today?

why sell cheap when broker target 20p !

many explorers out there are far away from generating a penny. so, I think ANGS is due for sharp recovery as our mcap too low in comparison

then, 1.5p the stop after :)