focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Well Im' trying to be conservative we don't know margins nor manufacturing capacity but a 54% PSA test is kind of pointless so these will be sold in conjunction with every single one, and they go for around £70+ ish privately, there's up to £2.1bn in revenue to be had annually
then there's the question of margins and capacity, but what's certain is that it's a complete gamechanger in early diagnosis
How do you even put a price on that?
All IMO
What folks don't realise is that even at just 1$ per barrel at 962m MID CASE it gives us 80p per share
There's another 500m or so in the 2nd IER, drilling starts soon and they're targeting 5-10$ per barrel
These are astronomical numbers as mentioned many times before, should really be £1-£2 atm
All IMO
It’s been well known funding is required, it actually took us down to 11p or so on the last webinar
But as per contangos post:
$120m not $350m required to reach production.
Reduce the call on equity.
Seems positive to me!!!
Maybe a nice RBL and smaller dilution higher up
They know exactly what needs to be done to bring the sp back up and they’re executing it, it’s like a new company when nothings really changed since the £1.46 days
Thai gets sold for £5-£10 if all works out
All IMO
Been banging this drum since 11p..... value is being recognised
£1+ before Aphun report please
Just a little reminder from webinar:
Placement for Convertible Bond to long term holder
• Aim to reduce supply of “loose” equity into the market
All IMO