Approaching 28bn shares in issue now!! Same old with Roach..
How much will it costs to unlock these barrels and how many wells and at what breakeven and when do plan to do it? The market will not asceibe value until some form of action, otherwise no point in talking about it. Proof is in the pudding, we need to drill above and beyond what we have, whilst keeping a check on costs. Majid is too conservtive in his apporach perhaps.
We may hit £6 before going xd.
Was waiting for a pull back. Never happened! So bought some more. Still have a longterm core holding. Plus a new batch. Let's see how we progress. Looks like $100 oil isn't far fetched..also read somewhere gas prices headed toward $4.5 plus. Let's see. Off topic, TGA exdivi 17/4/24 41.8p. Waiting for that before cutting loose and adding here.
Expect this to continue.
1/ spot pricing will rise further, ignore short term volatility.
2/ Impact of gold and silver rising, will translate in general to most other miners, to some degree irrespective of their basket.
I believe slp are well placed to rise further.
BTC pulling like a train. Miners should fly.
I prefer to get registered now. Delays and other stumbling blocks always occur. So dont delay.
It's 100% the way to register with IG and had to contact Iweb too.
So if you have not registered call your broker and find out their process. Certainly cant do any harm. If it's automatic then still confirm. Follow your broker process, don't rely on anyone else or any other method. FAILING to make your vote count is BAD on you.
Please get onto your broker asap.
If you have an IG account, I have been told to send a request to:
corporate.actions@ig.com
I asked to register for voting purposes for Shanta Gold (ticker: SHG) and all of my holdings. I also sent them my details and sharedealing account number. Good luck.
I imagine that no bidder will be expecting their opening bid (normally the bare minimum) to get accepted. Any serious bidder will have or ought to have a headroom for improved offers. This one is very cheeky and rather insulting. Get onto your broker and ask them to register you for voting purposes for this and all of your holdings. Dont waste time. Let's give Mr low bid something to think about!
Bid explains why sp was being held in a range and the BB infested with gold prices going to flop etc. Nasty tactics but the norm in these scenarios. Vote it down and make then come up with a better offer or get stuffed. Lets hope another bidder kicks in. The BoD as per norm on aim appear to let chums in and Pis get stuffed. Vote no to this derisory offer and sp manipulation imo.
Reject and get a counter bid. Ridiculous offer.
Https://www.tamgoksa.com/
For reference, see who they are.
I am finally back into AFC after a number of years. Looks like company dynamics have changed and credibility improved significantly. This could be the start of a significant move up. Cop28 has set the tone further generally. Will take time, but better to be in now than later imo and in an industry that is on the cusp of rising, rather than one one the decline, albeit fossil fuels will still play a large role in the future.
$4000 is being touted by some.
Will get huge traction once interest rates start falling, which will mean more people (ii's) will be out of cash and push into the ultimate reserve, gold.
GGG, been here since 10.5pish, soon after you posted overthere. Was on the verge of re-investing after the little chinese interest episode had put me off, however your tip put me back in, so thank you again :)
Mick, it's no an IC tip but elsewhere. Was tipped a while back and they still have a buy recommendation, precisely due to management ability and resource operations upgrades. They've come down hard on people sharing their tips on these BB's. So I cannot say whom.
Thanks G3, followed you into here, been in and out of here prior, but have taken a position for the long run. The expected gold bull run coupled with solid management and mining operations means this is a compelling case and it's been a longer term recommendation on a publication I subscribe to as well. Good luck all.
Good stuff Tony. If only the market was not behaving like an oximoron we might get somewhere, inaddition I do think the BoD can do better in helping it move along.
GGG, I'm guessing a raise at sub 12p more likely 10p as the instos will load up at this to flip at our expense.( I mean they can buy at virtually 12p now) So any raise will likely be at a discount. I've reduced my holdings here condsiderably, but still hold some to see what happens. The divis mean jack when capital erosion is significant. GLA.
Thanks Jezzoo, Joe, et al. More to mull over. Will certainly take millions to get into production, or if we can prove up further, how much will it be worth to entice and sell to third party. A bit of a gamble given the geo political landscape hence perhaps why repsol relinquishing the licence after all their efforts?
I think thus far Serenity has served as an anchor weighing down the sp. Will eog have sufficient funds to partner us. A more heavy weight partner would be a plus.
The upside potential is greater than the downside. However, to say that serentiy is not factored into sp is a red herring. If bad news ocurrs in this regard the sp will get hammered regardless. So cannot think minimal impact. Question is why the bigger fish are exiting NS rather than consolidating? This is not to be negative but to seek a decent case to the contrary of exiting.