Member Info for MrCareful

The US applied pressure a few times over the last 2 months and then reportedly again before the recent KRG & Iraqi meetings on Tuesday/ Wednesday but didn't seem to change mind sets. The US need to apply more pressure or may be Jim has a point. I hope a solution is found soon for all, especially the poor people living in those nations

“no technical obstacles” to resuming oil exports!

And all “may be”s & “could be”s

How many times have we heard all this before? I will believe it when I see it!

First 2 days trade summaries on AIM with old values in brackets. Would somebody please post similar trade stats for ASX and more importantly a link for such info? Also the dollar/ £ conversion used? Thanks in advance

24/6/25 Open=327.50(16.37) high=363.05(18.6) low=300(15) close=363.05(18.6) +13.05 (+3.73%) vol=4,503,105 (90,062,100)

23/6/25 Open=327.50(16.37) high=350.00(17.5) low=312.00(15.6) close=350.00(17.5) vol=647,525 (12,950,500)

Bumping up previous post, in the hope somebody can provide the ASX info and a link with this trade summary. Thanks

First day summary on AIM with old values in brackets

Open=327.50(16.37) high=350.00(17.5) low=312.00(15.6) close=350.00(17.5) vol=647,525 (12,950,500)

Would somebody please post similar stats for ASX and a link for such info? Thanks in advance & thanks everybody for the SP updates on ASX this morning.

#MH01 helpfully provided SP in dollars and old value in pence, BTW what dollar/ £ conversion did you use?

First day summary on AIM with old values in brackets

Open=327.50(16.37) high=350.00(17.5) low=312.00(15.6) close=350.00(17.5) vol=647,525 (12,950,500)

Would somebody please post similar stats for ASX and a link for such info? Thanks in advance & thanks everybody for the SP updates on ASX this morning.

#MH01 helpfully provided SP in dollars and old value in pence, BTW what dollar/ £ conversion did you use?

I would think so the high yesterday was 162, now oil is booming, up over 7% as I type

With missiles flying and the prospect of broader Middle East conflict threatening to disrupt the Strait of Hormuz, a key route for global oil they need to open that pipeline fast!

Somebody mentioned important Bloomberg data being lost amongst the dross! Would somebody please post the data again?

Thanks Daz, I can see GGP may be held but my surprise was the other mining shares increasing when POG decreased?

i am surprised that when pog reached highs at midday yesterday then dropped to around the opening price by cob, most mining shares i monitor did the opposite and slowly increased throughout the afternoon. even the normally slow moving majors?!

hochschild mining plc (hoc) 311.60p +25.80 (+9.03%) 05 jun 2025,

fresnillo plc (fres) 1,325.00p +63.00 (+4.99%) 05 jun 2025

anto***asta plc (anto) 1,947.50p +97.50 (+5.27%) 05 jun 2025,

anglo american plc (aal) 2,293.50p +60.00 (+2.69%) 05 jun 2025

May be they think that the large amount of funds heading towards the big launch of Greatland will reduce the investment in Antipa or folk may even decide to sell Antipa and buy Greatland particularly when GGP holds an interest in their stock

Everyone, particularly new or recent investors, should always be reviewing known risks and be open to any potential new ones, with respect to their own investment horizon, rather than just following the herd.

I seem to recall Bamps, some months ago, reminding us all, there are risks!

I am sure Bamps has the latest good news for us to consider this w/e, however I would also be interested to hear his update to potential risks for balance.

Unfortunately I can not be there to hear his presentation but hope to hear snippets next week.

Barzani to meet US Secretary of State Marco Rubio on Friday as US encourages more oil and gas development

https://www.thenationalnews.com/business/energy/2025/05/22/us-encourages-energy-deals-with-iraqi-kurdistan/

I have the closing price of 12.18p -0.02 (-0.16%) ?

With Trump on call in the ME to strong arm people!

It also pays to check RNS releases from previous years!

Where GENLs interest is 25% .Local oil price holding up well:

“Net production rose eight percent to 84,200 barrels of oil equivalent per day (boepd), to which Kurdistan contributed 61,600 boepd, North Sea 19,300 boepd and West Africa 3,400 boepd. In the flagship Kurdistan Tawke license (DNO 75 percent and operator ), production increased 11 percent quarter-on-quarter. Continuing strict capital discipline since the closure of the Iraq-Türkiye export pipeline, the Company stabilized, even raised, production from existing wells through rigless interventions. Output from similar reservoirs typically decline 15-20 percent per year.

DNO’s share of oil production was sold at its Fish Khabur terminal to local buyers at USD 35 per barrel with payments made in advance. Tawke license sales averaged USD 20 million net to DNO per month, generating around USD 10 million of free cash flow.

“In Kurdistan we are doing a remarkable job keeping up production with minimal investment,”

said DNO Executive Chairman Bijan Mossavar-Rahmani. https://uk.finance.yahoo.com/news/dno-reports-solid-first-quarter-050000930.html

Received notice of our AGM but was also expecting our Ops report today or in the next few days. However today DNO reported local oil price holding up well on the Kurdistan Tawke license (DNO 75% and operator, GENL 25% )

DNO’s share of oil production was sold at its Fish Khabur terminal to local buyers at USD 35 per barrel with payments made in advance. Tawke license sales averaged USD 20 million net to DNO per month, generating around USD 10 million of free cash flow.

“In Kurdistan we are doing a remarkable job keeping up production with minimal investment,”

said DNO Executive Chairman Bijan Mossavar-Rahmani.

https://uk.finance.yahoo.com/news/dno-reports-solid-first-quarter-050000930.html

Not much from the meeting, for me, apart from:

Shaun confirming some of the thoughts Bamp’s had following RNS’s this year 🙂

And what Panama wrote ”he gets every employee to squeeze every ounce of juice out of the mine and every incremental gain brings value ( which larger companies don’t achieve as well ) Let’s hope that isn’t related in anyway to what the Telfer employee was posting here about some staff feeling disgruntled. The last thing we want is industrial action of any kind!

Shell Reportedly Considering BP Acquisition https://csnews.com/shell-reportedly-considering-bp-acquisition