Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Jeffrey,
If I had your concerns, which I don't , then I would operate a different strategy.
Rather than sell now/before the update. My solution would be to leave myself exposed to the potential upside of the RNS, but set a stop loss to protect the downside risk. Obviously only setting for the amount of shares you were thinking of selling.
Hope that gives you another option Jeffrey, but hey you have to deciede because it's your money.
All the best
JAN
Stupmy,
Looks to me like we are just moving with the tide (POO) .
Providing we get good solid information on 2022 with Thursdays results , I still see a nice "pop" to the upside.
My forecast still at +20%. Yep 30p to break on Thursday is my call. DYOR though.
Excellent day yesterday Spurs 3 - West ham 1
Spurs Forever.
Hi Jeffrey,
Thank you - I have tried to explain it (my thinking behind it ).
Without my explanation I would just be accused of ramping. Which in reality no one can do as we have no real influence on the Share Price !
Actually I wish I could influence the share price. If I could we would be at £2.50 by now ! lol
at trying to cross and hold above the 27.6p level .
2 attemps to get above and reach 28p and above.
I forecast that it will be 3rd time lucky ! Yes I see the next climb up to this 27.6p level we will see it breached and 28p+ hit.
Oh I forgot the big one !
HBR are valued at a 3.7b, yes 3.7 billion market cap -
That's 7x our MC, only 4x production and FCF of nearly the same 1.5 times.
We gotta "pop" big time to the upside soon, surely ?
I'm expecting next week 24/3 - RNS to be our biggest repairer spike ever !
For fun I am going to forecast what the SP will do on the day - (reaction to results and 2022 outlook) - I'm going for a crazy but realistic + 22% rise on the day !
When I read Harbour Energy results today, it just goes to show how Good we are doing.
HBR have more than 4x our production . However turning that into cash they only have FCF of around 50% more and not 4x more fcf. (400 vs 600 fcf)
I firmly believe that it shows how well we are doing on cost controls in the business.
Jeffrey -
My thought - They have to report by RNS any material differences/big issues. The fact that they have not means that there are none ! We have already been told about 2021. FCF was a very good $400m see last RNS update.
We have Golden Eagle now for the whole of 2022. Production in January was confirmed at nearly 51k bpd. We should be easy confirming 50+ k bpd for Feb and March. Maybe more if Malaysia has been fixed. We know the oil price has been great ! Basically at these levels of production circa 40% has been hedged at $78 ceiling with the remainder on "free float" for Feb and March. Super high levels of FCF around $60m month.
In addition bonds refinanced ? dividends plan ? EP plan ? - All good stuff !
We are sitting pretty for the first time ! Well you are, I have always been pretty
When is romaron back from his holiday ?
II like his posts.
f I remember correctly he went off to Italy to Ski . Amazing the old boy can Ski !
This country has had great skiers like "Eddy The Eagle" and now we have ;
"Ron the Raven" !
Not sure maybe it's not suspension but being removed from the indices.
Needs checking out . DYOR BEFORE taking action.
Just heard the same on Sky news. Maybe it goes live at 10 or 11.
Sky business definitely said suspension.
Your welcome.
It looks like the London listing is key and they will fight to keep it.
Just a thought , but they could accelerate the moscow listing (many/most Large cap have dual listings).
The Moscow listing would take a few weeks which gets shares trading again. Indeed would be positive and drive the SP higher. Then fight to regain the London listing over the coming months. Just my view !
On 28th February was , and I quote;
“We have no plans to delist from the London Stock Exchange at the moment. We are not considering this option,” Nikolay Ivanov, the company’s chief financial officer, told reporters.
Ivanov said the firm is still considering a secondary listing on the Moscow Exchange , however, which could go ahead this year.
That was 11 days ago. A lot has changed since then ! I believe that they will accelerate the Moscow listing .
Judge,
Believe what you like.
Like my China Company loss. Who's operation was not in the UK.
The control of the company will be taken away from you and London stock market, in the coming months. The company will then be de-listed.
Finally, so what your saying is big companies never get de-listed orgobust. Lol History shows you are talking absolute rubbish !