The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Re Colter...
The reabold corporate presentation has npv of $59m to rbd for colter at $55 per bo ....that's for rbd's 18% interest... so for uog 10% interest worth $30m+ given oil over $60..... also because well would be onshore would still produce great returns at much lower oil price.....so low risk, therefore larger proportion of npv moves into SP.
My opinion therefore is if appraisal well is successful that alone should see uog move past 10p....im still buying.....but..dyor.
Way I read the rbd presentation was npv of $59m to rbd for colter at $55 per bo ...still transformational for ADL at c.50% of that...i.e $26m.... also because well would be onshore would produce great returns at much lower oil price.
Multibagger just on colter IF successful appraisal.
Wrath, yes Barbados could b v interesting addition. Potential for his company is huge.... with v experienced management/owners for a market cap of just £5.5m. Good news on trinidad test wells in q1 and sky's the limit.
Italy gas production commences in 2019.... worth $2.5m a year net to uog.... just the first step....bit of patience needed but I believe BL when he says he's going to turn uog into a mid cap.....
Hawaii have to agree really. V hard to understand LO's timing.... Hard to believe BoD and LO haven't discussed a solution.
Makes it all the more important that they have made progress on financing and Offtake to announce with FS....or v shortly after.
Clear fact - you really aren't enhancing your or ALIGN's reputation and judgement (key skill in the research business) by continuing to rant on here.
Hope all on here have read the predator presentation from oil conference.... included clear time lines on expected news flow as well as expected financials from Trinidad co2 eor.
Also clearly stated the potential risks. If Trinidad goes to plan it's got huge potential.
Also interesting they have put hat in the ring for eor in Barbados.
The vindication I want to see is a sp somewhere in the same hemisphere as when Richieboy was saying its worth 2p.
The Board will have reviewed the FS in detail. The directors are extremely well connected... once published ....expect fireworks.
There's a new chairman in place with a stated message of improved governance.
If you feel strongly about Deloro then take it up in the right place not on bulletin boards by advertising a subscription journalists website.
Your words might have carried more weight ...if you felt so strongly ... if you had attended the rescheduled AGM....as I understand it no one from align was there either.
We are where we are - the new chairman/Board need to get on and move Mayan forward. They are not going to disappear because you keep posting - they will be judged on the outcome of their review and getting the business moving towards its targets in Q4 2018.
At least Mayan now has direct control of its stakes in Block and PQE and therefore they have headroom on cash should they sell any of these investments.
Basic board credibility dependent on releasing the BFS in october. Credibility enhanced if released with positive news on financing and offtake agreements.
Has to be this week doesn't it!?
Just need patience... no change here. Share price just drifting a bit. Can't force positive news.. happens when it happens... and sp will move. Big opportunity to average down.
Current assets excluding Jamaica could bag this v.quick. Jamaica could be life changing on a decent amount invested here.... cove energy anyone?
Agree drift not usually good.... but LO selling down explains it I think. If selling pressure from them now stops a strong FS with supporting Offtake and financing news could easily see SP firm up....if nickel price also rises then easy to see big increases from here towards broker targets.... especially with Vermehlo economics to be released.
I hope they are not leaving this FS to the last couple of days in Oct.
It's been a long time in the making so am expecting a Carlsberg of a FS here.... with option of a 2nd production line for ore trucked from Vermehlo adding significant npv uplift..... + news on Offtake and routes to financing.
Seems fair enough, who stockpiles base metals that they believe are going down in price?
Current m.cap £15m so positive news at coulter, italy, crown could see it move towards 10p/£30m m.cap..... but next year if they get big news on Jamaica and price could be anything......?? Larkin is building a company he wants in the ftse 250 before too long....entry cap is £1.1bn....
Ok, thanks.... highlights need for an experienced operations/technical manager on the ground 100% dedicated to get things moving.
RedRoy
Board v impressive so far totally agree. If they are in a position to not only release a v strong BFS but also supplementary information on Offtake arrangements and/or positive financing news then this will stand out in terms of AIM miners feasibility.
The current market is looking for more than business plans.... albeit I agree this should be a stonker... so to couple it with additional positive news that shows route to mine delivery should mean large step up in SP can't be held back.
Quality, balance sheet strength, experience and knowledge of the large shareholders in hzm tells me they should get this right.
GLA....Not long to find out!
FS being published as nickel stocks hit 5 year low.
http://www.kitcometals.com/charts/nickel_historical.html
I agree with all of that! Strong offtake announcement with the FS would be very good news for SP.