focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
This link posted on other board from Goosed, with thanks.
https://www.labiotech.eu/trends-news/prostate-cancer/
lookie here......
https://www.londonstockexchange.com/news-article/ZPHR/paradox-basin-reserves-and-resource-evaluation/15424532
KeithOz
Thanks for that link. What a great interview for its honesty and sensible q&a.
Well worth a listen.
The following link was posted on the ECO board by KeithOz (thanks).
Many thanks Keith, a great interview covering the state of the market with sensible and honest questions and answers. Mentions how cheap Canadian producers are too.
No, not the bad guys from Hamlet - these are excellent energy analysts, great favourites over on the PRD BB. Here is their latest blog, recorded yesterday, well worth a listen:
https://www.youtube.com/watch?v=5pqQ7oM_PP0&ab_channel=InvestingNews
0:00 - Intro
0:19 - Breaking down oil and gas sanctions on Russia
2:19 - Oil market "extremely tight" prior to Russia/Ukraine
4:49 - Will current events spur oil and gas spending?
7:28 - Opportunities in oil and gas stocks right now
11:21 - "We're in a full blown energy crisis"
15:53 - What will the energy mix look like in 10 years?
18:27 - The two biggest oil and gas misconceptions
21:03 - Outro
Happy listening, Keith
WH Ireland posts new research note (summary below).
Final Results – Significantly More Cash than Expected i3 Energy’s financial results for 2021 indicate that significant shareholder value creation was achieved in the period and that the company’s cash costs are significantly lower than we had modelled. We are increasing our fair value estimate to 47.5p (from under review, previously 37.6p) to reflect i) higher commodity prices ii) a modest increase to our expected 2022 production numbers, iii) lower forward looking cash costs and iv) the fine-tuning of a host of assumptions in our financial model relative to the company’s final results. 2021 financial results: Oil sales revenues and gas sales revenues amounted to £61.0M (WHIe: £61.1M) and £35.0M (WHIe: £35.2M), respectively. Excluding a £25.0M gain on bargain purchase, earnings amounted to £0.1M (WHIe: £1.4). Cashflow from operations (before changes in working capital) amounted to £33.1M (WHIe: £27.2), with non-cash expenses (depreciation of £21.6M and non-cash employee compensation of £3.2M) representing a significantly higher portion of operating expenses than we had modelled. Most importantly, the 2021 final results have provided greater visibility and confidence in our forward-looking projections – the i3 Energy cashflow machine is working as expected, only with significantly lower cash costs than what we had been modelling – significantly positive. Nudging production forecasts upward: The company previously announced (4 April 2022) a 1Q 2022 exit rate of 20,312 boe/d, which compared to our Q1 production estimate of 19,043 boe/d. We had aligned our 2022 production forecast with the company’s guidance of greater than 20,000 boe/d. Strong production delivery is compelling us to nudge our 2022 production forecast upwards to 20,342 boe/d (from 20,031 boe/d) – 47% liquids, 53% natural gas. What’s new? There are three new critical developments that are necessary to appreciate i3 Energy’s trajectory: Firstly, the company is emerging as a top-tier oil & gas company in terms of its operational excellence. This is translating to “free production” with the company delivering well recompletions (and workovers) that are essentially offsetting natural declines. Secondly, increased European demand for North American natural gas is transforming North American natural gas markets and can be expected to result in much higher North American natural gas prices. Thirdly, the company’s cash costs are significantly lower than we had modelled, allowing us to make forward-looking adjustments that provide higher, and more accurate, cashflow estimates.
Copied this link from another board but relevant to RENX
https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx
Having seen this share reach what I would (hopefully) consider the bottom lets hope the shorters do indeed get squeezed from here as I see the positive newsflow through 2022 will continue.
Seav ...Found the info I need...in the SOUC Corporate Presentation May 2020 p11.
Good posts on the SOUC LSE too I see...will follow.
Interesting to see ex Talisman experience in the board here too as I hold JSE amongst others.
Seav
Thanks for the heads up. Yep, agree it looks v interesting. Most of my holdings are gas/oil now and will read up more this weekend re SOUC. Just out of interest do they have any 2d/3d seismics to go by?
RR
Another reason for the drop (although it has been quite brutal to AGL) is the out of favour jam tomorrow shares. I have trimmed my holding as it fell but still in profit and as I like its use throughout many research centres, will look to add again if funds allow.
Here it is....
https://www.londonstockexchange.com/news-article/IOG/phase-1-first-gas/15365746
Nice positive RNS and a timely reminder of why this company deserves our attention. The market seemed to like it too. Have not sold any so nursing some losses but will purchase some more when funds allow as this is a long term hold for me.
https://www.londonstockexchange.com/news-article/RENX/renalytix-launches-myintelx/15359669
I recall from CH's presentation regarding the share placing that the BOD's were unable to take part as they were in the process of the CPR and couldn't . Just wondering if they might acquire some shares to show support after the CPR is out. Just wondering. My biggest holding by far and very happy to wait.
With many thanks to Mount Tiede for posting this on ADVFN. I hope you don't mind me sharing the link .
https://www.youtube.com/watch?v=VwCUv5ajeWU
For me, this was nothing like the recent webinar (great as it was) but an interview with informed questions and more detail from Marshall. I remember feeling the same way about a company early last year when I bought Zephyr.
Marshall just finished the presentation which was on point and extremely positive, which I am sure we are well aware of. Mentioned the high chance of success with their combined 2d and 3d seismics and (as well as mentioning his previous sucessful companies which I had not yet researched) emphasised that they do not do train wrecks. Dare I say, I am more convinced that we do have the early stage of a very strong cash flow company with great low cost of production that (as he mentioned) will only improve as production increases. His takeaway for me was Arrow will grow the production, the free cash and the share price.
Just a reminder of the webinar tonight.
https://event.webinarjam.com/register/161/6k43ni8z
I bought some for my SIPP through Interactive Investor yesterday if that helps.
Just noticed IOG are in Finn caps 11 for 2022 list.
Hope the link works for you.
https://www.finncap.com/research-portal?#/portal/finncap/research/8_32431
Good luck all.