Member Info for ontarget

It's TSX rather than ASX

He'll have bought his few 100k punt, then at 5.5p or so he'll sell and start posting negative tripe again.
Like a stuck record is Kingalf.

Did you figure out the royalty in the end Goolang?

"predictably dull"

Still adding!

Yes true, a leg might fall off the rig, or maybe a sea monster might come along and eat it.

And results not due for 30-40 days.

Wonder what CVN holders think of the sp here. CVN up by 8% - the equivalent of 2p on the ADV shareprice since the rig handover RNS, and look at the dismal sp here.

rollover

The clue is in the middle word 'present'

NPV is net present value

Same number of trades maybe but much lower volume - suggests small punters messing about.

Think CVN will release first (tonight) as the new operator - no need to wait for Jadestone to announce anything.

Oil price moving back up as well. Currently around $75/barrel for Buffalo brent

Recently realised that you can see the realtime ship positions as well as the delayed ones on the map. The realtime versions don't show the names of the ship just the type. And when they are basically moving in a straight line to Darwin and back it's pretty easy to tell which ones the real-time versions are.
Normand Swan is currently about 30km from the rig. Its delayed 'ghost' version 21 hours back along a straight line.
Similarly Go Sirius's realtime is just ahead of its ghost. Same with Skandi Atlantic almost level with Bathurst Island

December 2021

Go sirius already on its way back.

Seemed to take no more than 1.5 days to get to Darwin, so depending on how long it stays there it could be back at the rig at the weekend surely?

Go Sirius just arrived in Darwin.

Yes it's about £25-£30k/tonne LCE at current exchange rates, so even the current 185kt resource - theoretically - would have a value in the $billions if it were all extracted and sold tomorrow.
Obviously in practice this is several years away from production and in-ground value today depends on many many factors. Value will steadily build towards a value closer to the full value through drilling, proving up resource, economic studies etc. etc.