The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
some chunky buys going through, something afoot?
HFB i don’t have a clue what your talking about half the time all i hear inside my head is beautiful harmonious words tickling my ear drum. i thought this company couldn’t have anything better to offer other than the multi bag potential on its way but you on the LSE board seals the deal!
keep up the good work in educating us standard talking folk!
have to like the reiteration of the 50% held ;)
everything progressing as it should. appease the nervous nellies
well said phoebus, that rns screams were in for an exciting couple of months and will be rewarded in return. deals planned up, confidence in sas-1. another high volume day today won’t be long till we get moving.
so part 1: shares for WG at 0.25p as we already knew and doesn’t necessarily matter as if we hit commercial gas flow the sp will be will into the pences by then.
part 2: a raise of £5m or UP to 2b shares to be raised for potentially a lithium deal, this will be dependant on sp at the time of raise and most likely after the drill campaign where again will be minimal if a commercial gas source is viable. Vote is around the time we will be reaching TD so sounds to me like they have another deal lined up. things getting really interesting around here
ATB shareholders
It is worth reminding that IHS Markit released a report in January 2022 on the contribution of high-impact wells in 2021 to global gas resources, with an expectation that high-impact exploration drilling in 2022 will continue to have a global impact.
IHS Markit noted the Sasanof prospect as one of only two high-impact wells in the Asia Pacific region of the 20 global high-impact wells planned to be drilled in 2022.
https://www.rigzone.com/news/clontarf_gets_in_on_sasanof_action_with_drilling_imminent-10-may-2022-168932-article/
Just taking a look a previous sessions. placing shares were expected to go live on 4th of may. since then we have traded approximately 1b shares if not slightly more. add yesterday’s delayed to the mix which i expect to be around the 100m mark, this could be a record fast placing churn and with demand like we have here better to have your positions taken whilst they are in the process rather then fighting for buys NT on the way up. showing great strength and although not pretty to see from the previous highs i don’t think it will be long till that is broken.
GLA
the shares are getting churned through in speedy fashion with the volume. not ideal but was a must to get this monster deal for little old clon, keep your eyes peeled for the movement as once the penny drops they have finished it will be a race to get your money in at sub 1p
nice post Hoping. would just like to add into this the current global climate which is seeing the need for Gas causing prices to explode can soon snowball to turn potential profits from billions to multi billions. we have every catalyst piled up, all we have to do is await the spark or in this case await for placing shares to be churned.
i for one am quietly loading for maximum exposure. Gla
Just doing the math:
2U PROSPECTIVE RESOURCE
7.2tcf = 7200000000 MMbtu
1 MMbtu = 7.1$
51.12B $
3U PROSPECTIVE RESOURCE
17.8tcf = 17800000000 MMbtu
1 MMbtu = 7.1$
126.38B $
And the condensate comes on top
So we have 10% of it - 5.1B$ to 12.638B$ and on top the condensate.
This share should be easy worth 10% of the resources profit - 250-600M$ MCAP