The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Ragnarr is by far and away the best poster on this board in terms of info imho but not sure he has a preference for sharing his or indeed any price predictions. Now that you have asked SlugMum, why dont you kick things off with your 6 month price prediction for Blu?
Thanks Snowroll
That article was dated mid Feb 2024 and says "Scheduled for a Q1 release, Pendulum’s Forex DEX leveraging Nabla’s technology, is set to bring Forex trading onchain and improve stablecoin utility for the Polkadot and Stellar ecosystems. "
This is Slugs key concern I believe- we cant rely on the timelines - Q1 is gone and not only isnt it launched, there isnt a revised timeline for its release.
Excited by the tech here but tempered by the challenges SP and Pendulum have in keeping timelines. If i have got the wrong timeline then will be happy to be corrected.
Personally, I think we are getting close, but rather than having to dowse for this information they could give us better comms.
I still think we are a couple of years early for takeover. People will want to see proof of the pudding - we have barely started the module model and we have Roan to showcase yet, if not another refining capacity after that.
The case for takeover, if copper remains on course for the supercycle being anticipated is strong - what would supercharge any appetite for takeovers once JLP is proven is whether finance or access to resource is a limiting factor to future expansion for JLP - if the answer to that is yes, then its easy to make a case from inside a cash loaded entity as to how you would accelerate the profits to be made.
Cmon Roan
Personally I would be delighted with 10p by July (reflecting this drill findings). That would form a very strong SP platform to then stretch out further depending on the resultant Paradox drilling, Paradox gas & oil to market achievements, the impact to reserves, Hydrogen drilling, any farm in news (and its impact to our finances). From that 10p ish, I would be very optimistic we can layer out an operational programme that would see that rise to 30p to 50p range in the medium term - 1 to 2 years oprational in that no acreage or agreements necessarily required - its already within the assets of Zephyr.
I have to say, thats more than good enough for me from a 2p start point though I will most likely be slicing and taking profits as we go.
Heroric,
Your over exaggeration means the point you rely on is missed. JLP are producing copper (the 300mt per month) but this IS less than we had hoped for with the full Roan upgrade.
I cant believe you doubled down on the no copper missive when corrected - either qualify your post or I will report as it clearly mistates the position here.
Reassuring RNS from my perpsective as it demonstrates that;
1. PAT is not a one trick pony - as well as the litigation we have multiple other developments underway.
2. As per above, the share price is arguably supported by many other assets that Bhukia - what element of the 7.25p is for this element?
3. Mark is a talented boss - his deal making appears to be very good indeed. I am happy to put my trust in him.
Im guessing our next Paradox update will be CH vid on twitter from site - all id like to hear is " we are on or ahead of expected drilling timeline and maintain same outlook for 30 days". If its an RNS it means there is probably a wrinkle or 2 developing - unless its linked to other associated infrastructure at Paradox news.
Nope - Just giddy with excitement.
Whilst my aim in investing is to build an annuity income stream - effectively earning "while I sleep", it can all seem a little dull at times but Zephyr aiming to drill a new field into play in the heart of the USA is worthy of tuppence invested as per the Mary Poppins song.
During the current and next few weeks, when I am sleeping, when I am working, whilst I type this missive, there is a motivated, crack team of action mean and women drilling - day and night in an area that hosted outlaws and ne'er do wells only 150 years ago. Truly exciting if you stop to give it a thought. So whilst there is no news I am thankful for the privilige of being able to be a part of this and may even break out some Country music as a backdrop to enjoying the wait - who wants to feed the f*cking birds anyhow!
Ian
There is a space, a window of time, in which your hypothesis fits and as such it is one view of what could happen but as with all nefarious dealings, it is hard for us to see what is the wood and what are the trees.
If they are going to push out a takeover here, we should find out soon - all that hard work of dropping the price could be undone by the drill bit in the next three months.
Personally t/o or drilling - this share price should rise in the medium term imho.
Frog, but in responding in kind you also look like a rude person to those outside the dispute. You are allowing GR to decide your approach if he is the poster drawing out this response- in the last few post youve used abusive and insulting language yourself.
My summary of the last few hours - Investor shares his workings and extrapolated forecast relating to the financial hydraulics of this company and its share price. Then with polite language the most astonishing and blatant condecension to this sharing, attacking (via sharing their view of them quite literally as children!) the person and the attitude rather than the maths and the extrapolation. Then they are asked to respond to the maths and Kalan says this request to respond to the maths is bullying!
Come on. BB we share views, research, its up to the reader to put their risk / negativity / realism filters upon what they read - they can even share it for good BB contributions.
Play the ball and not the man.
Posts representing both ends of the spectrum in the last few - I would suggest we are somewhere between-
Yes the assets have reduced somewhat since end March, but the discount to NAV is still large. Hence my positivity around the share buyback scheme.
In terms of who would buy - 1 do people think assets are going to rise? General view is there will be a run up this year / next year. 2. The business is sound with staking returns moving sizeable cashflow back to KR1 for buybacks and investments.
Personally I remain a buyer here.
I agree with posts overnight, the processing offer to smaller miners is superb - other than the small miners, the biggest fans of this will be the government as it allows local owned miners to start up with less capital (you just need to dig) and in doing so takes away the positional power of the MNC miners. That goodwill should see our future expansion green lighted for future refining capacity and adjoining territories will be looking at this with great interest I would imagine.
Hi Kalan,
My best wishes to you and your other half and obviously hope all turns out as well as it can do.
In terms of JLP SP entry points etc, imho, sometimes if you've identified the right bus, its better to ensure you are on it first and not worry too much in relation to what seat you take prior to that.
Wish you well,
NtD
Good Morning. I thought I would just add - even if Leon is "just an engineer" and focussing on technical envelope stretching to the detriment of anything else as suggested in the postings, this should not become visible to us.
So far the CFO seems to have enabled a structure where there are seniors very focussed on not only growth but ongoing production. The next stage of the CFO job is to maximise those streams - build a communications process that ensures the dull things to hit targets are highlighted, made visible and given owners who feel accountable in the process so they get done - each quaarter the revenue and profit challenges are addressed via this process. If you havent rolled this type of comms out, you would be amazed how effective it can be in focussing a large team and driving a business to close out elements that lead to maximisation of financial performance. This should allow Leon to focus on the horizon and where we are going - something I think we would all agree he has a knack for.
I really do think that the CFO will make the difference here - businesses are team efforts and often financially perform despite a founder / CEO alleged frailties in certain areas.
I bought in at 2p sold all the way up to 20p+ and then caught mutliple falling knoves on the way down - however they were my calls - i didnt do it because of any rampers or noise. I did it based on my belief in copper strategy and cobalt giddiness/greed - my greed, my buy, my mistake - lets not use this protecting the innocent guff here - everyone should be wearing big boy or big girl pants.
As to bullying Bushy, come off it - he may have been right in the price action for a while but he was the personification of obnoxious, took great delight in dwelling on holders pain here and to add to that he insulted the board or specific people in almost every post. A truly toxic individual indeed. There may have been some tat from some LTH but it very much followed the Teat posting first.
When folks state opinions as such and their views without laying false history and without needling others this is a great board, great knowledge, differing views levelled - I hope this can continue into the future. I think holders always tend to big up a stock - thats why they bought / hold. Non holders who regularly post - thats odd and if they post to bend to the negative, its unsurprising that holders view that cynically and dont give the benfit of the doubt.
Looiking forward to closing out my knife catching act when we fly over 20p again.
I agree SteJSteJ, If revenue was the option we would sell the existing concentrate. I had assumed that in doing so we would either break sanction or pop our head over a parapet somewhere - but maybe our hand has been forced this way anyhow.
Equally it seems odd behavior for a buyer to ask - perhaps they will only buy an asset that is already producing ie needs no development costs or time.
I don't post much here whilst we are in hideout and wait mode from our boards perspective. I do find the clearance going on v interesting.
- are we readying this in kindness to a prospective buyer, pre buy?
- are we looking to gain a revenue?
- are we producing for a local agent forcing us to do so on threat of asset expropriation?
Very unusual to have no idea, but then again this is a very unusual share position. I remain cautiously pessimistic - still holding the shares on their cost price (with a huge loss - average of 22p) but the light at the end of the tunnel seems a long long way away and is flickering at best. How long can this continue in its zombie form? I suspect not too much longer - as time goes by I feel there is more chance of losing asset and less chance of a purchase. Interested to gain other long term sufferers current view.
I will provide a marker to be lambasted - 2,000 BOE/day - on the bigger side of things.