Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Yes. You are right Ford. There is a placing coming. Let's not forget also the 25% royalty payment on cinnabar. The gas will be used for uplift, then there is the continual makeovers of the other wells at cost. I know you don't hold much hope in the hydrogen prospects, but that's where the returns are at. Spin it off into a seperate company and list on the ASX. That's my suggestion.
Let us not forget that this is regardless of the outcome of the sidetrack, on which I am still hopeful. The sidetrack would just help us to reap the rewards a lot faster. This company is already transformed from the company which lost us a lot of money several years back. Made most of it back, just waiting for the real payday. Right, back to work. Paint is dry and ready for the next coat. That's my main income, at least the outcome of that is in my own hands.
I was more interested in the price as is. Let them spend the 200m. No reason for us to fund it. The problem for gas storage is more lack of locations, we have 1. If I were to guess I think 50m to 100m would be the value when depleted. Helps with the potential longterm value of the project.
Just a quick question. When in a few years time the gas is extracted what are peoples thoughts on the value of the facility for gas storage if it is feasible? I hazard a guess at more than our market cap at the moment. What I would like to see when the results of the sidetrack, whatever they may be, are out is that we do a feasibility study to see if it is possible and therefore to get an idea on valuation. This in my opinion would be hugely significant to the share price.
Are they really telling us that there aren't any opportunities out there in oil and gas to invest into? Seriously. I can find a few without even trying. Offshore Ireland, massive potential gas reserve in a proven area. Geopolitics is reshaping Ireland's approach to gas permits. Surely this has to be an option? Many more out there. It's time to think about future projects.
Special dividend yes. Share buy back no. A share buy back would put more power back into the hands of the remaining shareholders, the main 1 of which wants to sell. Bought back in at 1.47. Sold a few but still undervalued.
I tried PI100. Let's be rational, and I have tried not to resort to this. This is a last response to your messages. To be annoyed at the companies performance is 1 thing. You find ZERO reasons to invest. Definitely not rational, there are reasons even if you don't see them. There are risks also, but if you can't see the positives then just go away. Sell, if you have any at all.
Well, Bobat did. I don't even know what a 700 code is so that definitely won't work. This is a tough market and it doesn't take fools gladly. In times past you could make vague promises and the share goes up. The BOD I think are living in these times. They think the world owes them a favour. Nope, you have to prove your worth. Great site, great potential. Pity about having to do the Pace deal but on the plus side hopefully no dilution because of it to get to where we need to be. Hopefully in a few months time I will be singing their praises to the point people think it's ramping. :)
To be honest, if we weren't so greedy on the profit margins when covid sales were slowing down, as I mentioned at the time, we would still have some significant traction right now. Never too late, just needs fresh new direction.
Risk to return on DHSC alone PI100. They carried on buying after the event the items that they held in dispute. Can't be that bad. I think we have a portfolio of products that have a market, just need the sales team to pull their fingers out. We may however be a bit greedy on the profit margins. Easily resolved.
Valj. I admire your enthusiasm for the takeover, but isn't going to happen until a resolution. Agreed, we don't know what they are researching. At least give an interview, no mention of DHSC due to legalities, just to show some interest in their shareholders. They are acting like a private company. Yes, they are limited to what they can say. Something, anything on a 1 to 1 public forum would be good. Proactive would be ideal.
I wonder who bought that. Could it be a certain individual who just cross ramped this share on another forum?
I agree with the comment on twitter. We need products that sell. If we have the right products but little sales, sort the sales out. If we don't have the right products, find something which could sell. Millions are being spent on research, if it doesn't relate into sales it is wasted money.
Investors pay attention to smallprint. There has been no RNS to say that it has been finalised. That would explain why there hasn't been the expected rise after the last RNS. If it has, it's an easy situation to resolve. Just needs better wording in the RNSs.
I would genuinely add more if an RNS saying that we outright own the smelter was forthcoming.
It continues on the 10th January rns. They talk about agreeing to buy the smelter. I can agree to buy a house. It doesn't mean I am fully committed and own it. Possibly nieve RNSs, not thinking about how it comes across considering their recent and past discretions. All material details sorted, then just sort out the other stuff which should be easy and RNS saying we own it. Get the distrust out of the way so that we can progress and focus on the job at hand. Come on BOD. Please sort the situation out, we the investors want to be behind you supporting the business.
Ok, deadlines missed. Very nieve on GLs part but WE ARE producing from an otherwise mothballed plant. It cost naff all. Yes, the old Angus messed up badly on wildcat drills and fake promises BUT we are producing regardless of outcome on the sidetrack. Wholesale prices are dropping. We have had a mild winter. Good for UK consumers, won't knock that. Anything above hedge prices is good. Things can change VERY fast on the upside with demand and geopolitics.