Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
lots of FCF ongoing can’t ignore that ..sailingstone will be out soon if not already after volume this week - will keep buying at these levels
I think it wanted to print a double bottom on the chart - which it did - now blue
about to go blue me thinks - oil moving up as well - oil $80+ - this bad boy going to be throwing off serious cash
this is double bottom at 36.3p odd - onwards and upwards now
looks like 27.500 BOEPD this year vs. 25,000 ….all in all happy with that set of results - going to be throwing off huge amount of cash
please jump in if I am missing something - also Mexico drilling in 2019 (huge blocks near PMO discovery) and equatorial guinea 3D ...and then obviously Fortuna and Tanzania ...
looking at July trading statement that spells out what to expect on a stand alone basis and now with Santos - was expecting FY estimate with Santos proforma to be $190 million of cash flow after production (revenue I assume around $430 mill) - with capex at $145 mil so $55 million left after production and capex - that or better will be good for me ..Santos performed better so hoping better - then with oil price I am extremely interested in FY19E ..so lets see
that's ok - was 400p odd 5 yrs ago :) ..
welcome mate - great entry point
Brent oil over $79 - 25,000 BOEPD production - hopefully big fat blue day ahead of interim results tomorrow that should make the market stand up and see how much free cash flow after production they are throwing off
taken another chunk this morning - absolute steal at this level - did the market miss the Santos RNS ?!? ….seriously though seller should be out imminently - didn't have that much left as per last holding rns
Looking very cheap down here - may have to take some more
Great news "The acquisition of the Producing Assets was structured so as to have an effective date of 1 January 2018, with cash flows generated by the Producing Assets post the effective date (but pre-completion) netted off against the final amount payable. The cash flows generated by the Producing Assets in 2018 have been better than Ophir's expectations, owing to higher than expected commodity prices over the period and production from the Chim Sáo field in Vietnam outperforming. The net cash payable to Santos by Ophir on completion is therefore $144 million (subject to any post completion adjustment).Â
rns - acquisition completed
Just read the news - good good -bonus bring Fortuna home and on top of the increased production even more undervalued in my view
Be a good time to get this show moving with oil where it is and expected to go
news due Friday/Monday yes by sounds of it for completion of producing assets - 25,000 BOEPD shortly, throwing off $180 million dollars of free cash flow annually - $75 million dollars of cash - £280 mill mkt cap..looks cheap to me ..compare to ENQ £521 mil and PMO £1 bill mkt caps (yes BOPD production is higher 36K & 76K respectively but they are sitting on huge debt - £1.4 bill & £2.4 bill respectively unlike with OPHR) - then you still have the other assets (incl. Fortuna)
oil is headed ...
With the way oil isn’t headed this looks cheap to me