Member Info for LGO-fan

yes, agree. Under LK the SP has more or less doubled by sorting the house out. Once he starts delivering on the growth ambitions this will lift off. Not a question of "if", but of "when"

So true, hence I can't wait for Bonasse and later Icacos to start. I have always felt that the start of those two fields would be the beginning of the "operational turning point". We have had a year of "cleaning up the mess from the previous tenants", now that CERP has proper foundations they can start building the first floor (I am thinking it will become a skyscraper :-) ) GLALTHs

hey Garn, what do you mean exactly?

point of order; $45 was the benchmark for CF+. this is what I was referring to

WTI steaming ahead...$72 in sight now. Remember our residing troll predicting the POO to collapse back last year. Oh well, soon $30 more than the $45 benchmark from last year. Looking increasingly good here!

IMHO, it is because the growth comes mainly from PL and not branded. Apart from the margin difference, PL is more at risk. In theory, if someone undercuts that part in price you are at increased risk. On the branded side, you have obviously the value of the brand. Also, anyone eager to buy PFD will want to see if this side of the business has a strong growth story behind it. So on that basis, and this is purely all IMHO, if PFD can demonstrate 2-3 qtrs of growth on the branded side, both in the UK and abroad, we should see increasing interest in PFD.

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I buy it :-)

Homework received! :-) Cheers, guys

thanks, guys. which are the most relevant RNSs I should get my head around? Any good company presentation of late, I should study too? Again, your help is much appreciated.

I checked this company a year ago thinking this could be a great growth share. haven’t looked at Myan since and am surprised this hasn’t had it lift off yet? What’s the outlook here? anyone willing to help me out speeding up my research? cheers

http://money.cnn.com/2018/05/11/investing/oil-prices-iran-volatility/index.html More and more peeps seem to be predicting return of POO to $100. Not everyone thinks that, but that view does seem to get more and more buy in

and if any of you know of a company that has an IP on a properly functioning predictive text software for smartphones....let me know, I will invest!!

I think that right, but only shared the site because it is a starter for 10 when it comes to researching that area. just a bit (explorative) fun. Mind you,LK has mentioned on a couple of occasions, that he wants to export the model of working in Goudron to Latam. To me that may indicate he is loca for producing fields and most likely not the proper explanation fields. Feels off strategy right now. We already have more than enough on that from w SWP. So, I think we need to look for fields that are producing and could generate extra CF by applying the same investment strategy as in Goudron (and later Bonasse and Icacos). Just an assumption; not based on hard evidence

One last post to wet the appetite... WHY INVEST IN SURINAME? With an estimated resource potential of 13.6 Billion barrels (P50), the United States Geological Survey (USGS 2012) ranks the Guyana-Suriname Basin 2nd in the world for prospectivity among the world�s unexplored basins and 12th for oil among all the world�s basins � explored and unexplored.

onshore opportunities http://opportunities.staatsolie.com/investment-opportunities/onshore-opportunities/

Building on Bamps21's post, please find a link to the website that may be of interest for some on Suriname http://opportunities.staatsolie.com/

he did mention Suriname (and Colombia) at the April investor meeting. And yes, there is the Dutch connection :-)

yes, at current standing that is absolutely right. But things may change if LK et all, can negotiate more favourable terms. Ultimately we want the best bang for buck. For as long as I have been here, many have highlighted the fact that our contract is not favourable for high investment cases in Goudron; hence LK's approach. But again, all that could potentially change if the contract gets negotiated in 2019. If the terms are more favourable, we would have more options. Never bad. Just like if Spain ever happens, it may provide options.

All I can say is this guys: you are all reacting based on what you know today. Joebop, is reacting to what could happen tomorrow. Don't make judgements, deep drilling in Goudron, provided the circumstances are right (i.e. the contract is renegotiated) makes a lot of sense. We have zero (or close to) infrastructure in place in SWP, so bare that in mind. In Goudron deep drilling is not on the cards now, we all know that, Joebop is saying that it could be if certain circumstances change. What's wrong with that?? And by the way, LK has alluded more than once, that there is a big beast below Goudron. Keep the debate alive, don't kill it off. If you don't like the verbal abuse that has been going on for so long here, than be happy with these kinds of debates. And look at them at face value, would be my advice, don't see them as an attack of the BOD.