focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Sefton,........ if some folk find your post offensive then that's fair enough, but we in this country have the privilege of free speech and if you were to delete your post that for me would go against the democracy of this country, so please do not delete.
Rellim, knewkotb, ...Stand corrected on the 50% 7,000 columbus production.
Mmm, not too sure about the "never too late for t/o" you would think if a t/o was going to happen companies would've done their homework on serica and moved in when SP was in the 80p range. Imo.
With 23,800 boed for year just ended, Rhum3 est 7,000 & columbus stated in RNS to be 7,000 boed to be online late Q3 I make that 60% increase in production revenue .
Brent hitting $70 and gas up 500% from last year ....take 21day forties shutdown production loss, will S.P. Rise 50%?
I would certainly think so, "okay" patience if a Saint required here, but what is not to like, and too late for a T.0.
P.S. that's not including Eig production.
I would imagine the tie in pipework from R3 to the Bruce is still to be concluded (that's if its a success, terrible that we are all guessing) but you would have thought knowledge of the flow rates in an rns would be forthcoming!!
Slow, boring ,and manipulated, o.k. fundamentals will get there eventually, not the bod fault, although think they could be more forthcoming with updates for their loyal shareholders, get the impression we are not important to them.
Upomega, with sericas 24, 000 boe average for year just ended and an estimate of 7000 boe for R3 coming online soon I make that 30% uplift on existing revenue, so can't see how you can say "who needsR3" (that's assuming 7000 is a true estimate.
Thanks Mick, ... I'll keep it for some bedtime reading.
Noticed a U.T. trade for 1 share today, can anyone of you intelligent ex- traders on here explain this small trade, or is this the start of manipulation, as I'm also a shareholder with serica, and that is loaded with A trades manipulated in my view. ...opinions appreciated.
Well, big day tomorrow, will this tortoise come good in the end?
Thought the 45 day caisson shutdown was in the previous year end results, got that one wrong, seems that long ago, maybe dull the good news although the drill programme for Rhum3 being twice as long from previous forecast doesn't concern me too much...£3 million above estimate costs is not a lot for a company with £100 million plus in cash reserves.
Keeping fingers crossed for an uplift in the SP tomorrow.
G luck.