Member Info for January2

Guys, You Will Thank me for posting this beauty -
YOU must see this for great analytical research and forecasting on how the oil market will develop for the future !

https://www.youtube.com/watch?v=6bfddBRDxXw

Happy Easter

JAN

Bushy,
Being positive is one thing but just spouting numbers is silly. Let's look at what you just said.
"£3 share price"
Now Bushy that equates to a market cap of £1.2 billion. This is greater valuation than Centamin (CEY) yet they produce double what HUM would. Centamin produce over 400k + yet would be worth less than HUM. I don't think so !
Now you made yourself look silly - keep it real.
Maybe 500 - 600m market cap which equates £1.50 - half of CEY, as HUM production would be half. Oh and CEY pay a juicy 8% dividend. HUM would have to do that too ! Without it you could not get close to relative par.
JAN

Crikey,
Look at northernmonkey at 28.5p.
To much Monkey juice when he made that forecast !
And Hitman had 39p but sold out before we got there.
Pelle with his 49.99 must think that he was in a clothes shop and buying a shirt at £49.99, another one confused. Finally the Therapist trying to play with my head by mixing up numbers 2345 or 43.25, Aloj in your last post are you asking to change your guess to 30p ? If so, I feel that would be a bad move. Also romaron won't let you as he is a hard task master.

Whiteace,
Best of luck in Vagas. I think you will win the competition.
I'll look after the share price here while you're gone. Ping me a message when you get back. I want to help you spend your winnings.

Aloj,
I think you will find that I have the SP competition "in the bag". My guess was 60p.

At the time the guys here thought I was too high to early. But now we can all see that a 60p SP is a realistic possibility for the end of 2022. Who knows maybe earlier !
We achieved FCF last year of 400m. This year we should see FCF 600 - 800m. Just transferring this value to the SP equates to an extra 30p -40p on top of the current SP. (We then get an SP of 65p to 75p) Once the market fully prices this FCF in !
As always POO is key.

Seav,
Superb Post,
Factual and solid analysis. Post of the month for me !

I think the BofA will be influenced by the US fed.
I think 2.25% by end of 2022 is likely. My base case - could even be a little more !

Great find Swampmonster ! lol
Actually the jokes on me, I should have baught more when this was down at sub 15p. It seems to have "kicked-off" earlier than I anticipated. However Qtr1 production is out soon, then shortly followed by 2021 full results. Both are likely to be "poor" in my opinion. Well we know what numbers are in the full year results. How will the market react ?
So maybe a pull back coming, giving a last chance for the greedy to jump aboard again and fill our boots !
I still have a target price of 50p in 2023.
ATB January

Fanny Adams -
Yep, I have heard that she is not so sweet, I understand that she is getting on a bit now.
I guess you like the ugly "old girls" with experience then Swampmonster ?
If she is not available then may I suggest that you try a younger model. Yet again with an avatar like swampmonster I guess you can only get the old girls !

That's the UT,
It is the "uncrossing trade" that sets the closing price.
It is not a buy. Or a sell. Maybe you should look it up and learn .

Sometime in 2023,
I would forecast a market cap here of circa 200m. That equates to a share price of 50-55p
With multi income streams one might even see a dividend too.
Some of the LTH's may have been a little early to the party, but as long as there is a party it doesn't really matter.

KO,
Surely you didn't sell all ?
If you were thinking that way maybe a stop loss at 30p to protect against a downside. , but not just sell all.
If your happy that's great if not pray for a little dip/pull back and return.
Anyway all the best, repairer.

Just posting the interview I was refering to in my last post !
Worth a listen too.

https://www.youtube.com/watch?v=7TxgAbRzZc0

Thanks Zumore,
I feel for the guys who have lost money here. Sometimes humour lightens the load a little.
AIM has many stocks with "goals" that are never achieved, however the board keeps on drawing nice salaries.
I too have invested in such companies ,and got stung ! In my experience over the years, these companies get a "rampers spike" every year or two. That is the time to exit and claw back some return.
After 22 years one could reasonably expect the company to be much further along the development course than they currently are ! Indeed they still seem to have their leg caught on the first hurdle. DYOR and all my views of course IMHO.
Alll the best
JAN

I don't think you understand !
The company's strategy is to find good quality mining options with high grade yield possibilities and THEN find a wealthy partner to pay for the new mine and production, while keeping a reasonable slice (percentage of the business) for RRR.
Now the first part is the easy part. RRR have some good possibilities. The very HARD part is finding the Partner to pay for it for you !
Now Let's be fair guys they need more time ! . We should keep funding them for another 5 years at least. Finding wealthy partners to pay for it all, takes a lot of time. Let's ensure they stay employed and are comfortable.
Oh, bye the way. The strategy that I outlined has dual uses. It also works ON YOU TOO. We find the possibilities and you lot (shareholders) pay for it ! You keeping paying us and we will keep looking for a partner !
DYOR, just my observations and thoughts of the strategy, IMHO.

Hi E121,
Many thanks for your reply.
I have been listening to my friend's latest interview a couple of days ago. Now romaron said that you can't say his name any more, so I will type it in code " Eric Nut nut all ". He says that Russia production was peaking anyway before the Russian invasion of Ukraine. .However now without all the support of the high tech service company's supporting this Russian production will fall. The BP's and Shell exiting Russia , along with the importent service company's , Russian production has had it's day ! 1.5 -2.0 m bpd going from april he commented.
His forecast was that sadly, oil had to cause "demand destruction" to correct the balance. Demand would still be very strong in the summer and that we are in the weakest period for oil demand now. Even so , worldwide inventories have seriously fallen. He was not phased by the China lock-down.
He forecasted that the in-balance will get serious, causing a new all time high in POO within the next 12 months. He quoted $180 POO area as an area that would be needed to achieved to really rain-in demand. This would need to be sustained for a period that would cause people to change their habits and use less oil !
Maybe, just maybe we could see our 60p share price this year !

I've blocked them because you don't deserve it !

Any thoughts on ENQ upside targets E121 ?
Market Cap target summer ? Year End etc
I would appreciate your thoughts.

lol, Swampy.
If that's amazing then I'm a sheila !
- it's to early for this to be let go. They want to play with it a bit longer.
Look, get qtr1 results out the way, Let inflation "burn" for a few more months, Let them see and begin to forecast a recession around the world - then she will begin to blow !
My predicition is late summer, early Autumn. Sept/Oct they will see recession on the horizon for 2023.

Lets not get too excited, they still operate in a war zone. That still has risks attached to it !
which is why 200 will not break yet ! IMO.