The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Prax/HUR P6 standalone max figure (in court docs) by end of P6 economic life was 8p and bits. With the Jan offload and oil in AM tanks we would already have been at 9.1p p.sh.
In Dec 2026 will be simple maths to calculate an accurate end Dec 2026 cash figure had HUR not been sold and see who is correct. Ignore the ever louder screams of the resident nutter as his pronouncements increasingly show themselves to be absurd and his personal attacks increase
You haven't assumed any decommission costs or other costs. You are utterly deluded if you think HUR standalone would give 13.5p/14p
"extrapolate to dec 2026 cut off point and cash in bank would have been circa 13.5p - 14p p.sh with shs still owning company, compared with current projected dcu end figure of 9.5p a share."
Complete and utter rubbish posted by a bitter HUR shareholder who has lost serious money. There is no way on gods earth that HUR standalone would get to 13.5p/14p by end of 2026. You need to increase your medication Sensemadman
"Watch them move post Dec 2026 when they are own HUR & producing P6 and we are off their backs, have a shedload of our profits banked, and can buy a distressed producing asset cheaply with (our) cash on the hip"
Post 2026 P6 will not be in production commercially so Prax will have to move well before 2026 to use the HUR tax losses to buy producing assets.
A vast amount of due diligance will have already been done.
I expect a deal or 2 by the end of June. There is no rush. A good deal is what we all want and we don't want to give more of the Cameroon asset away than we need to
We have had 6.02p , 0.309p and 0.617p = 6.946p so far.
So only another 5.5p to get to te full 12.5p
The Prax deal was not "amoral" at all. It was a good deal for many. You only keep moaning about the bad deal as you lost on your shares. Assuming we get 12.5p isn't it time you told us all how much you are set to lose ? It must be a fair wedge as you keep moaning.
Had you have bought shed loads like me at 6p you would be delighted with the deal but you didn't
"Are dcu's really still trading for 1.77?"
Yes still trading at around 1.7p today. Remember this figure is the return yet to come from DCU payments till end of 2026
Money received today into my SIPP
"destroyed the company" ?
What
TRP are on the cusp of a major drill. Drill contract signed. Licence extended. Finance to come. How is that destroying the company ? TRP had to issue shares to keep the company moving forward. If they hadn't issued new shares they would have gone under. How else could TRP have got funds ? the magic money tree ?
senseman
you are a bitter and twisted ******.
my consensus is i was very happy with the prax deal. you are only unhappy as you bought hur at much higher prices and so the deal meant you had to crystalise huge losses.
12.5p is not a rip off for me and many others. it is a 100% profit for me and many others.
all pi arguments have only been proven correct in your sad and twisted brain.
i suggest you seek psychiatric treatment.
"The fact that no information is forthcoming on the upcoming payment shows the level of contempt they show the investors. As expected it conforms we we’re screwed over with the deal."
Prax anounce the DCU payment details on the last working day at the end of the due month. So tomorrow is the last working day. Prax will release news tomorrow. There has been no delay by Prax at all
"Bear in mind that the dcu is a depreciating asset in that it expires worthless in 2026."
The DCU's expire on 31st Dec 2026
If anyone wants a copy of the admin report issued today drop me an email
rayfenn68@gmail.com
"Let me put it another way he has promised and failed to deliver finance for the drill for several years.
I’m a buyer of this stock,as soon as the finance is confirmed"
Why do investors use the word "promised" JA has never promised anything. All he can do is give guidance to his expectations. This is not a promise. When the finance RNS arrives you won't be paying 0.02p I can assure you. More like 0.05p+ on the opening bell.
Extension to FEB 2025. Asset sales being looked at.