Member Info for Pecten11

So you can manage a retort but are unable to answer a simple question.

Yes or no?

Evening Lee, I suggested earlier, I think it would be a good idea if AP had an updated Baita presentation ready to be uploaded as soon as the association is granted.
Do you agree and if so, could you pass along the idea?

Sorry, I missed the answer?

Yes or no?

I wasn't asking you or anyone else to put a value to the assets, or liabilities for that matter.

I am asking a simple question, is that a realistic, simple way to value a business?

Yes or no

Normalguy, could you or burningdown1side answer a simple question for me?

Would you agree that a straightforward way of ascribing a value to businesses would be -
Asset value + cash (If any) - liabilities (including debt) = value

Why has the spread just been opened by upping the offer to .62-.67 on small sells? Leaky?

Ooh can I edible please....

Sherlock would indeed be puzzled by the spelling....

Lol

Pepco, I couldn't remember a figure for Zagra, just BP, sorry.

Another thought, and one if Cast or Lee could refer onto AP, is can he please have an updated BP presentation ready for the website to upload as soon as the &%#$/#;*# lands.

Will give more clarity to any noobs, rather than having to fend some peurile and innacurate Q's in the aftermath

Pepco, the BP figures were base on $6700/tonne

Im not advocating directvdilution, but Pepco's phrase 'The problem is to find out you need to drill and AP is reluctant to ask shareholder for money.' Sums the problem up nicely.

Without drilling to develop JORC figures ourselves, AP will have no choice but to relatively dilute our value in those projects going forward, assuming a JV

Nice problem to have, but not an easy answer to provide

Cheers guys. Pepco, i was just thinking similar things, as much as our jurisdictions might have their chronological challenges, think still probably more advantageous than the great bear and some possible consequential cost consideratiins(sic)

Interesting to see how how much copper projects are selling for - compare to BP or Piciorul Zimbrului and Magura Neagra .
Are we undervalued - teensy weeny understatement imo

KAZ Minerals announces that it has agreed to acquire the Baimskaya copper project in the Chukotka region of Russia for $900 million in cash and shares, comprising Initial Consideration of $675 million and Deferred Consideration of $225 million.

Globally significant copper project

·   Baimskaya is one of the world's most significant undeveloped copper assets with the potential to become a large scale, low cost, open pit copper mine

·   JORC resources of 9.5 Mt of copper at an average grade of 0.43% and 16.5 Moz of gold at an average grade of 0.23 g/t

·   Average annual production over first ten years of operations expected to be 250 kt copper and 400 koz gold, or 330 kt Copper Equivalent Production1, with a mine life of approximately 25 years, first quartile operating costs and higher grades in the first ten years of operations

·   Pre-feasibility study completed by Fluor

·   Capital expenditure to develop the mine estimated at $5.5 billion2, subject to feasibility study
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=KAZ&ArticleCode=w08kq03q&ArticleHeadline=Acquisition_of_the_Baimskaya_Copper_Project

Troaj - didnt realise they had food halls 😁

Oooh Commy, that's so hot, I bet it burned!,!

I've posted before,,if anyone thought this was a giant scam, then they would have just RNSs the highest flow rate poßible to cause a massive spike. That they haven't, indicated by the small choke, should actually provide reassurance imo, that they are far more interested in reservoir modelling and long term production

Mad, it probably isn't that simple. If you increase the flow like that, then you might cause a lot of formation fines to aggregate near the perforation thus actually restricting the flow.
I don't know, is the truthful answer, but that's exactly why the are doing the flow tests, trying to find the best compromise.

Mole, personally, can't say I blame you.

Thanks for posting, though I thought I might have had to say your name thrice before you appeared!

Totally agree 're paragraph 3, then, imo, when the decline curve indicates, move up into Eldai A from the existing bore, maximising return for capex.
My admittedly slightly vague thoughts 're new wells for next year is they may be drilled as twins. 100 m spacing.

You got any thoughts, which may be the next follow in from Niko that Zaza hinted at? T23?

FRR have tried directional well(s?) In the past, but don't think they've been that deep.
Would need our encyclopeadic Mole to help, or back reading some old RNS

Timster's right, apart from I think he got his horizontal and vertical the wrong way round!