Member Info for martyh

Thanks - I'll drop them an email.

Does anyone have a direct email? The contact given on the website is via their communications firm (phc@secnewgate.co.uk)

Hi all,

I'm trying to get an idea of when Harpin is most consumed by famers in North America in H2.

Does anyone have details of which months Harpin is used on crops in North America?

Have the company every produced a calendar, by crop, showing the months in which harpin treatment is needed?

Thanks

Fantastic result for shareholders.

Shareholders can sell a guaranteed 65% of their shareholding at 4.75p, and apply to sell up to 100% at 4.75p.

The remaining shares will still have a similar amount of cash per share.

I think it should be trading at close to 5p.

I imagine the tender offer price will be based around the cash value of the company, perhaps 5p per share.

E.g. they will buy back 250 million shares at 5p per share. With all shareholders entitled to sell at least 63% of the shareholding (250/394.5).

If some shareholder decide not to take part in the tender offer then the remaining shareholders will be able to sell more of their shares at 5p.

Great to see this complete.

I’m calculating the shareholder return as 3.17p per share.

Looks like £13.5m for shareholder return. £943k being used for the buyback of the leavers shares. Leaving £12.5m.

The buyback of leavers shares is good for shareholders since it’s done at a lower price than the cash value per share. Leaving more cash per share for remaining shareholders.

Currently 416.1m shares. 21.6m leavers shares to be bought back. Leaving 394.5m shares.

£12.5m to be returns over 394.5m shares = 3.17p per share.

Returned to be paid in May. In line with the 8-12 week timeline following the GM.

Thanks.

Surprised it has had such a big impact.

Does it have a large following?

Does anyone know why they moved it to a sell?

Which tip sheet moved it to a sell?

Free cash flow yield is much better.

New presentation out:

https://petrotal-corp.com/wp-content/uploads/2022/11/PetroTal-IP-November-2022-Final.pdf

Page 19 shows the bond is estimated to be repaid in Q1 and gives some free cash flow illustrations.

Assuming 2 new wells or more are drilled per year then the average free cash flow yield over the next 10 years is 57/58%. That's more than half the market cap being added to the cash pile each year.

Another great set of results

$62m NOI and $37m free cash flow for the quarter.

Forecast $200m free cash flow for the year against a market cap of under $500m. That’s a free cash flow yield of over 40%. That’s in a year when they will average 12-13kbopd. 2023 average will be much higher.

‘The Company expects to sell nearly 900 thousand barrels over November and December as river levels return to normal. On November 10 and 11th, 2022 the Company was able to produce over 20,000 bopd.’

Something else in Petrotal's favour is that the oil industry is Peru is tiny (Petrotal is the largest producer).

Mining is huge in comparison.

There's not much to be gained by the Peruvian government by increasing taxes on oil production.

Very detailed StartArt 2022 Event Report here:

https://www.dropbox.com/s/m5gxjor2rwo6pfj/StART2022EventReport.pdf

Shows how big the shows are.

For London the show ‘attracting nearly 15,000 visitors over five days, with almost 2,000 guests attending the Private View’.

The tickets were £17 each and the VIP event tickets were £54.

That’s about £330k of ticket sales.

I believe the sponsors may have covered the costs of the show (Samsung and Martin Miller’s Gin), therefore the tickets sales should be all profit. Plus there is commission on the art sales.

Between the London and Seoul shows, you can easily see how the EBIT of Start Art can be over the £488k target for 2022. That will all appear in the LVCG results for 2022 (since both shows happened after the acquisition).

Start Art is becoming a very valuable business.

Great news!

https://petrotal.pe/petrotal/

PetroTal welcomes agreement to restore peace and order in Puinahua

PetroTal, a company led and operated by Peruvians that operates Lot 95, welcomed the agreement to restore social peace and public order in the district of Puinahua (Requena, Loreto), after the protest promoted by the Indigenous Association for the Development and Conservation of the Lower Puinahua (AIDECOBAP).

In a meeting held yesterday in Brittany, the capital of Puinahua, representatives of the Board of Authorities of Puinahua (JAP), of AIDECOBAP and social actors of the district held a fruitful dialogue that allowed the lifting of the force measure against the company.

https://www.youtube.com/watch?v=nKtM4EbKubs

Very good news.

My take on the E movement part.

LVCG own 100% of E Movement Holdings Ltd (acquired in Dec 2020 - RNS of 3 Dec 2020). This company has the e-Fest rights and the will make commission from the selling of sponsorship for the race. LVCG continues to hold 100%.

E Movement Ltd mentioned in the RNS is, I think, E Movement Pty Ltd. This is the local promoter of the event. LVCG acquired 20% of the shares in Nov 2021 (RNS of 11 Nov 2021) for £113k. A new investor has invested directly into this company and LVCG’s shareholding is now worth £0.47m. I hadn’t previously prescribed any value to this stake so a nice bonus.

I've added this morning.

Year end 2023 cash of $403m is more than the market cap.

Thank god for the Brazil route.

Auctus reduce 2023 forecast slightly from 21.5 to 19.5 thousands barrels per day.

They reiterate the £1.30 target and have 2023 year end cash of $403m.

The VIP tickets include a Meet and Greet with one of the acts, Billlie.

Anyone else able to access the O2 presale?

I got in initially after being in the waiting room. I was able to select all tickets but soon the Level 4B tickets became unavailable (presumably sold out).

I closed the website and now I can't get back in.

The social media response is absolutely huge.

Look at the O2 tweet about the concert:

https://twitter.com/TheO2/status/1576894058802323456

2,700 likes, 1,600 retweets, 50 comments.

Now look at some of the other O2 concerts announced today:

Dizzee Rascal, announced a few hours before k.flex.

3 likes, 1 retweet, 2 comments
(yes – single numbers. Not thousands)

Lizzo
17 likes, 3 retweets, 0 comments

Have a look for yourself!

Kpop is huge. The only things that comes close is the Black Pink announcement.

https://twitter.com/TheO2/status/1567120605140451329

5,300 likes, 1,800 retweet, 23 comments

But that has had 4 weeks to get those figures, and the tickets for 2 nights sold out in 10 minutes.

We are onto something very very special.

https://www.lse.co.uk/rns/LVCG/kflex-02-concert-af0bxif5b2689xe.html