George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Wooo
If you Google share price as 'oex share price' and compare with oex asx, the asx equivalent is £460
Done the same with other shares and it is normal other oex asx share price
Is tonight the time
Can someone else check the same
Ooh can't wait... more money to invest elsewhere..come on
Atb
Didn't realise the spread is so narrow. Maybe news again coming.
Cannot, one follows another
News came out yesterday night, Australia
Let's see tonight if bounce from yesterday
Bandit sales proceeds expected finally later this month.
News flowing
I'm liking the action being carried out as announced
https://www.alphaexcapital.com/candlestick-patterns/dragonfly-doji/
This could happen next
Another chart https://www.marketindex.com.au/asx/oex
Then again this isn't forever, only day's to see and hopefully news
https://ibb.co/b7sqcvBGood show of action and that it's at a point that it could drop further tomorrow however if staying up within the body of today's candlestick, may look to trade sideways. Hopefully breaks above the body and there is volume and will keep a new level of support higher
We'll get the approval just Indian process which is like 19th century workings.
I'd reckon we'll see a penny as the NPV and IRR points to this and is positive.
Can someone else carry out the same analysis to see parity, you may have different parameters for eg level of production and drilling cost in IRR and initial investment of $125m and its time value of money (I used 10%).
Would be appreciating another stab by someone else
Lol it's how they're calculated
They're based on strategic working plans where it's up to competencies of management to make it happen to best of their abilities.
IRR is something the funder will do along with NPV and ROI to determine whether to invest.
I see that's why we will have an investment and now just depends on what level based on their level of perceived risk
Price based on usd boe, so ex is 0.73 from $0.18779 would give £0.13709.
Apologies
Here's hoping
We can see that IRR is higher compared to NPV. Of the two more safer/ Conservative for investment analysis by investors is NPV. Depending on investment risk appetite.
Also bear in mind revenue will be effectively $125m higher in IRR due to tax efficiency of cos recovery pool, so really revenue of over $1billion over 5 years.
Do your own research also.
These are taken from current and favourably protected production as stated on company website and call by Joe with sharetalk.
GLA
If current production restarts at total 3.03mmscfd, would equal annually $11,716,500 at $60 per boe (535boe production). First year say 200 day's of production after drilling.
Initial investment of drilling at $18m for both wells
The IRR is 46% if this level maintained from year 2 throughout to year 5.
If can get x3 of current to 9.09mmscfd and maintain this level (200 days after drilling at year one production) until year end 5 the IRR is 141%.
If can get x4 of current production at 12.02mmscfd(200 days after drilling at year one)until year end 5 IRR is 193%.
If can get x5 max production at 15.15mmscfd after drilling and year one 200 days production. Maintain x5 through to year end 5 gives IRR 223%.
We can see x4 and x5 is too risky realising working on weighted average cost of capital (WACC).
Optimal is looking towards x3 of current production prospects.
1p reserves total now as on website at total 50.293 m boe.
If can create and maintain x3 production.
The production available is for 18.85 year's.
Total revenue over 5 year's is $874,312,400.
Divided by map of 4,655,766,978. Oilex can if potential efficient and effective realising to $0.18779 ex Aud to pounds of 0.56 gives £0.10516p.
Here's hoping.
GLA
This is on discounted cash flow over 5 year's on 1p reserves
So I would expect over the next quarter to achieve this.
Funding news will shoot price possibly to nearer 3p however should be supported at 1.7 p until further development in x5 production on the wells and another two wells
All about execution and operations are structurally effective to attain the company's milestones as Joe has reiterated
Here's hoping
GLA
$125 m initial investment/ cost recovery pool starting 2015
Assuming 3200boe per day at $60 gives $70.08 million
Assuming discount value of 10% gives NPV of $140.658 million
$140.658 million/ MC = $0.0302, exchange Aus $ of .56 to pound
£0.01692p
Ooh nice
A lot of people will lose out, always remember they drop the bid to get shares at cheaper than they hold and to fill orders
Hello Money penny haha
Isn't 1tcf closer to 190 million boe
It's not what you're saying