Member Info for MajorThomas1

Seems a tad optimistic but here's hoping.

Looks like we could see Gold test $1850 again.

Looks like gold could test 1850 again

Anyone got any idea when we can expect further info on the proposed US listing?

I can't help but feel this could be the catalyst we need here

I live in a dream world Cookoo.

LOL

What part of my posts do you disagree with?

1. DELTs plan is to advance, farm out, drill and sell on its assets.

2. DELTs assets are currently unproven, are some way from being proven and may never be proven at all.

3. As each asset is derisked more of their value will realised in our valuation and the SP.

4. Pensicola, Sellene and Cadence are our furthest advanced assets.

5. We have several of the best exploration licences in the SNS.

6. We only need one to deliver commercial gas to see many multiples of todays valuation.

7. Exploration is a gamble.

8. The odds are in our favour.

Please pick a number(s) and educate me on why I am wrong in my thinking.

Mike, the plan to return value to shareholders is simple. Advance, farm out, drill and sell on our assets.

Our assets are, rightly so, heavily discounted at this moment in time as they are unproven and some way from being proven, if they are ever proven at all.

As each asset is derisked more and more of their value will realised in our valuation and the SP. So far we have IMO substantially derisked Pensicola and Sellene through the Shell farm out and the joint works complete to advance our understanding of the prospects. Cadence has been derisked but to a lesser extent.

IMO, these 3 main prospects and the work complete so far are worth more than the value IOG put on DELT alone.

Not to mention the massive pipeline of other assets we have still to progress through the value chain.

I am not some ramper blinded by guaranteed returns. I fully understand there is significant risk associated with DELT. However, we have several of the best exploration licences in the SNS and we only need one to deliver commercial gas to see many multiples of todays valuation.

Exploration is always a gamble but IMO the odds are in our favour.

Not much going on. Not many shareholders willing to sell.

Hoping to double up myself Foxy, just waiting to see if the time is right.

A steal at this price, long term 460 looks like a bargain. Just not sure that we won't see a short term retrace to around 400.

You will more than likely be proven correct Tango.

The ML award will probably see them infest this board as they have done with many others before.

I really hope not. But yes it is probably inevitable.

I feel there is a lot of pent up energy in the gold price and hence gold prpducers.

They are holding it back as best they can but the more they hold it the more the energy grows.

I see some short term consolidation and maybe a retrace in gold price. However they can only hold so long and when it goes. IMO it will Go BIG TIME

25th September so around 200p

True, this isn't your average aim pump and dump sort of company.

INFA is wel positioned to capitalise on the increased focus on indigenous gas, hydrogen, ship building and renewables.

Steady progress, revenue and profit growth will attract the serious investors and IMO drive our valuation North.

I have been an avid follower of Rick Rule for a number of years. I personally don't think there are many better natural resource investors out there.

I recently took up his offer to review my natural resource portfolio and interestingly he rated Centamin a respectable 4 out of 10 commenting it was "cheap" .

Always good to see a CFO purchase. No matter how modest.

Exploration, it seems that some people think Shell is the only potential partner for DELT in the SNS.

I actually do not believe that Shell will farmin to anymore of our licenses beyond Sellene and Pensicola.

Is that a problem? No, because I believe there will be interest from other parties.

Do you think there will be interest in farming in to the assets around Breagh? I do and I don't think it will come from Shell.

Do you think there will be interest in farming in to the CNS assets? I do and I do think it will come from Shell.

DELT is a good old fashioned exploration play. Aquire, advance, farm out, drill, sell. That has always been the play here and I'm surprised anyone who invested here expects anything other than that.

IMO Algy Cluff had the foresite to see that the UKCNS focus was switching from CNS to SNS and he loaded up CLNR / DELT with some of the most attractive licenses in the basin.

No matter what you say to me you will not convince me there is no value in these assets.

Mike, I can only assume that you are not invested here. To come up with the statement "The company is practically worthless" intimates no understanding at all of the companies highly prospective gas exploration assets in the SNS and the ever increasing industry focus on the SNS.

I also assume you do not have a clue of IOGs position in terms of their resource pipeline, return from the core project, their Debt position and the fact their biggest shareholder in administration with the administrators just waiting for the right time to dump 30% of the issued shares onto the market.

I cannot think of one post from you that had any substance. Its all just the same mundane, negative drivel.

Interesting buys, there certainly seems to be a lot of interest in ARCM at the moment.

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Base editing promises provides the capacity for precise gene modifications, which could have a substantial impact on the development of therapeutics to treat rare disease and on the next generation of cell-based therapies.

HZD has the potential to be a world leader in this field. Their work in this field will benefit society and its shareholders.

Exploration, you obviously have experience and knowledge of oil and gas exploration and production in the UKCNS.

With your experience in this field are you seriously telling me that £2m for all DELTs non cash assets was a reasonable offer?

Exploration, I usually quite like your posts it IMO you have got this all wrong.

I understand that this was more of a merger than takeover but at the end of the day IOG were PUR basing DELTs assets and they tried to value the non cash assets at £2m. There was no way the DELT board could have found any way to progress the merger at that sort of valuation. Shareholders would not have accepted it in any event.

You touch on the pausing of the licencing rounds. However, in my mind this strengthens DELTs posiotn and weakens the likes of IOG. There will be plenty of interest in DELTs many SNS assets from the likes of Shell, Ineos and Spirit. The CNS assets will be of interest to the likes of the BP nad Respol. Even more so now with the pause in licencing.

CalE and IOGs strategy are diverging. CalE want to become a significant UK gas player to fund transition into renewables and smart networks. It seem IOG simply want to produce their limited reserves through their core assets over the current 10 year project life span with no real ambition to grow thier production or reserves. And by the way I say that as an IOG holder.

IOGs core project. Phase 1 pays for Phase 2 and pays for the the debt they have taken in to pay for phase 1. Unless they increase the phase 2 production profile me or any other IOG Holders will see significant returns from our IOG investment.

Regarding Shell, of course there is always risk that they will not commit to the drill but I personally take comfort from the fact they have decided to focus on the North Sea, Gulf of Mexico and Nigeria as they too transform to renewables. Their focus in the North Sea won't be CNS oil so I am confident their focus will be on SNS gas.

This is an exploration play. With so many prospective assets and so many potential partners I personally am very happy to hold these for 2 to 3 years.