Member Info for Jungmana

By the time these deals finally conclude, they will payout for themselves:
"The Company continues to benefit from accrued asset cash flow from the respective effective dates of each transaction, which will be offset against the initial consideration as set out in the respective sale and purchase agreements. In addition, we expect to accrue a significant crude inventory stock from the INA transaction due to the infrequent liftings for this interest. "

And this podcast from January;

http://www.kereport.com/2023/01/17/southern-energy-introduction-to-a-growth-oriented-us-natural-gas-producer/

Highlights

Regular newsflow expected Feb through July. Drilling and completions.

Still getting Premium to nymex through Transco 4 location.

Sees current SP as misvalued and expects rerating this year.

https://youtu.be/qJePQI2BLeM

2 months old but worth a watch:
hTTps://youtu.be/qJePQI2BLeM

Tom, I hold both souc and i3e. The advantage souc has over i3e is the Henry hub zone 4 gas price which is always a lot higher than AECO gas price in Canada. Location advantage being so close a key US LNG export terminal.
If souc can get to 10, 000 boepd within 12 to 18 months from now it will be a big cash vow.
Both companies imo should do well.

Should see 7p to 10p by spudding of Velociraptor imho.
Is one of the biggest drills wordwide this year and at a very clow cost

Had a proper read of the Progressive report this evening. Simply superb. Renav 58p due to Velociraptor which will be drilled in Q2.
Bring it on.

Read and you will buy more,

https://tinyurl.com/yckzt5pb

Hold this for next 5 years and could be a 20 bagger from this level imho;
"Highlights

-- Backlog of confirmed contracted revenues ("Backlog") totalling circa GBP900m, extending over a seven-year period, of which circa GBP750m is represented by the previously announced FSS contract

-- In addition, the Company has a weighted pipeline of new business in excess of GBP3.6bn of revenues over the next five years; at the current win ratio of 34%, this equates to a projected Backlog of cGBP1.24bn

-- Updated outlook for FY23 and FY24
o Target revenues of GBP100m - GBP115m in FY23

o Target revenues of GBP200m - GBP230m in FY24

-- Cashflow breakeven expected in FY24
-- Target Group blended gross margin of between 24% and 27% over the medium term
-- Upsizing of debt facility with Riverstone Credit Partners LLC to a committed $100m (previously $75m) whilst the Company closes its proposed GBP200m refinancing in early Q2 2023"

Excellent , BP is a significant project in Europe :
Andrew Prelea, CEO of Vast Resources plc, commented:
“The receipt of the recommendations and conclusions of the Report is an important step in potentially extending the mining area at Baita Plai from its existing base and creating a much enlarged Mineral Resource. In the Company’s announcement of 29 October 2020 we were able to report an Exploration Target of between 1.8 million and 3.0 million tonnes in a range of 0.50-2.00% Cu, 0.20-0.80g/t Au and 40-80g/t Ag. I am pleased to see that this Exploration Target is now well exceeded as a result of the new Exploration Target contained in the Report – a significant further step in securing the long term future of the Baita Plai mine.”

As I said earlier, this company is now on a solid footing with GBP 2m+ of cash raised, BP production ramp up, cash generative this H1 , diamonds and Marange jv hopefully soon.
Placing churn is done and should see a good rise in the short term.
All imho

The overhang caused by the placing is gone. This should rise to 1p area in the short term even before any news.
All imho

The placing churn is done. I expect 1p here before the big news lands

from vast website

The Chiadzwa Diamond Fields located in Marange are widely regarded as the richest alluvial diamond deposits globally.

In September 2019, the Company announced it has signed a Joint Venture Agreement with Chiadzwa Mineral Resources (Pvt) Ltd (“CMR�), a company designated to represent the Chiadzwa Community interests in the Concession. This resulted in the formation of Katanga Mining (Pvt) Ltd (�Katanga�). A further Joint Venture Agreement between Katanga and the Zimbabwe Consolidated Diamond Company (Pvt) Ltd (“ZCDC�), a government entity which represents the Republic of Zimbabwe in the diamond mining sector, is set to be officially signed. Details of the Chiadzwa JV will be announced at the same time as the announcement of the ZCDC JV to which it is linked

Took another million today in 2 trades about 0.64p

AP the ceo bought 82k pounds worth of shares and said the share price has a lot more rise to come.
He knows what's cooking. Get those diamonds parcel back soon and followed by a JV with zcdc to get vast back in operation in Marange and blueberry gold.
Buy and hold tight imo

I will be happy with $10m to $15m.
$ 20m+ and I will be dancing .
Nite nite

Asimple, what's true is that no one here knows the quality or value of diamonds in this parcel. Let's wait for this;
This High Court Order should allow for the initiation of a lawful and transparent process for the release of the Historic Parcel into the Company’s possession to be independently cleaned and valued for the purpose of selling via a tender process. The final quality assortment of the Parcel will be determined when the stones are in the Company’s possession and can be independently cleaned and valued.

From about 8 mins 20 secs;
https://www.**********.co.uk/articles/john-meyer-on-atlantic-lithium-kodal-minerals-vast-resources-pathfinder-minerals-0fef547/

OK let's wait for official rns valuation when handed in and sold by tender.
For now let's go by John Meyers $100 a carat valuation in a podcast on vox recently.
Or is that also too much?
Nite nite.