Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
LTI, We aren't as clever as you, we win and lose, But
You are always on the winning side, it's really amazing, well done.
Brix, Many thanks...ATB
LTI, All my calls regarding Lloyds *were-are-will be * spot on.....
Also, I do post my profit & loses... *34.5p will be seen in 2024*....IMHO-DYOR
**maybe you also think it relevant if I said that I sold some Halifax shares for over £10 per share**
Off course you did.....Well done....DYOR
Lti, It's all written in my previous posts :-
I said in 2022, the sp will hit 39.5p during 2023....DYOR...It did.
I said in 2023, the sp will hit 34.5p during 2024....DYOR...I think it will..
Regarding your statement that the sp will hit 75p without specific time is really hilarious....IMHO
**Yes, the share price will reach 75p, but I cannot give you a specific date**
What a statement 👏?! Unbelievable !
Hi rob, Thank you. I sticking to my plan, only add when the sp is lower
Than my average, current average is £2.064......ATB
They did mention *Rig & Monetisation*.....Something is brewing...IMHO-DYOR
Monetisation:-
1. the action or process of earning revenue from an asset, business, etc.
"the network supports the distribution and monetization of online content to any type of site or device"
2.the conversion of an asset, debt, etc. into cash or a form easily converted into cash.
"the trust is actively reviewing the monetization of a portion of its assets to reduce indebtedness"
**Lloyds will be 50p Friday & the buybacks have been a complete waste, that wonga should be paid in divi's & spent/saved as we see fit. LTI will duff me up for that when he gets out off Bed.**
LOL..
1msn، Good Morning, Please keep posting here, we need clever poster like you here....ATB
**Interesting comment by Malcy about the Namibia area for mobilising a rig, rigs travel globally and are long lead items. I wonder why he was specific about Namibia**
The BOD are trying to tell us indirectly, they are in talk for a rig/fpso....etc..
And it's coming from Namibia..,IMHO-DYOR
Today, there are 2 trades not shown on LSE, anyone knows the value of them please ?
Ralph, Sea Lion is going ahead, oil will flow from the Falkland....IMHO-DYOR
Thanks to Malcy's Blog:
Borders & Southern
I wrote briefly about Borders & Southern recently, on 1st March Harry Baker took over as CEO and he kindly invited me in to meet the team and look at the maps and squiggly lines that I hadn’t seen for many years. I met with him, Finance Director Peter Fleming and Business Development Manager, Bruce Farrer.
There is clearly an enthusiasm at the company that I for one hadn’t detected before, the company has three production licences in the Southern Falklands Basin, 100% owned and the operator. Readers will know that fiscal terms locally are favourable with a 9% Royalty and CT of 26%.
There have been both 2D and 3D seismic operations completed and a drilling campaign which discovered the Darwin field with its first well. Darwin is a 3.2 tcf wet gas discovery with, two adjacent tilted fault blocks, Darwin East and Darwin West which have an un-risked best estimate of wet gas initially in-place for the combined area of 3.2 TCF and for gross Contingent and Prospective Resource of 462 million barrels of liquids (condensate & LPGs).
Most importantly, the significant amount of liquids makes the discovery economic at current economics in its own right and with near field prospectivity there is very decent upside. I get the impression that the primary move for Harry Baker as incoming CEO is to monetise this discovery and with a data room open that option is route one.
But as he said to me in our meeting ‘funding is the key to unlocking this asset and there are very few projects around the world with its risk profile’. Indeed we both feel that with a great deal of under investment of late, partly created by ESG and a misread of fossil fuel demand, companies are competing for more, not less substantial opportunities worldwide to fill their hoppers.
This makes a number of things that might happen quite important to B&S, firstly there is the small matter of the Sea Lion project still underway in the nearby North Falkland Basin which is expected to get FID later this year, should that happen it would surely give the SFB a significant boost. Another positive is that there are plenty of rigs in the Namibia area for obvious reasons and that mobilisation from there is a simpler task than most.
Accordingly I feel that this is a brilliant opportunity for Baker to use his industry knowledge and perhaps more importantly his financial heavy lifting skills to develop this asset which is one of very few worldwide projects with the opportunity to make a difference.
Brilliant article, thanks for sharing it ...IMHO-DYOR
IMHO ;- “When the debate is lost, slander becomes the tool of the loser.”
Yeab, on lloyds 100% , but not 100% on others, NEVER MIND...DYOR
One day i will get it 100% right.....Never Mind
One day i will get it 100% right.....Never Mind
I just wish people read my posts before making any comments...NEVER MIND
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