If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
After the year we have had this is a really pleasijg summary of Financials.
First full year of revenue
· Strong momentum in sales and Annual Recurring Revenue (ARR) run rate across all its subscription-based software products
· Revenues of £0.6m, includes first revenue generated by Induction Switch (as previously indicated)
· Robust balance sheet, with net cash of £5.0 million; prudent management of costs and cashflow
· Deferred revenue at £0.6m (H1 2020: nil)
??Unrisked mean prospective resources of +2.4 billion bbls across 11 prospects & leads
??406 MMbbls unrisked mean Prospective Resource estimate for Colibri Prospect
??Multi-billion-barrel potential indicated
Would not be surprising to see oil hit over 50 a barrel over this weekend..This share moves quick and the next leg up will be back to well over 3sp and then second wave into the 4's... Chartists out there will be plotting exactly what the troughs and peaks are but certainly would like to think we will be in the 3's by end of December.
Oil seen at $45-55 in year ahead: Oil experts estimate global oil prices will range between US$45-55 per barrel next year as the global economy is recovering.Overall expect demand to outstrip supply as they foresee cooperation among major oil exporters to cap oil production.
Funds flowing into SE Asia markets. Starting to really move now on the back of the vaccine trials. European Banking markets won’t be far behind.
Inflows were mainly led by Taiwan (+0.117%), India (+0.079%), Korea (+0.075%), Thailand (+0.038%), Indonesia (+0.018%) and Vietnam (+0.009%).