Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
L7, it’s on Enquest page
https://www.enquest.com/fileadmin/content/press_release_pdfs/2022/2022.10_EnQuest_Credit_Update_-_vFinal.pdf
Dont know if you seen it
https://www.enquest.com/fileadmin/content/press_release_pdfs/2022/2022.10_EnQuest_Credit_Update_-_vFinal.pdf
Indy, agree its the refinancing hanging in the air.
But according to last update and my calculations
RBL free capacity + cash = 1043m end Aug.
And HYB 794 m.
They can’t empty cash completely and I think the lowest they gone is 200-300m in cash.
So I assume it can happen very soon
Romaron, I am also simple guy.
I was just trying to say there no reason for Enquest holders start eat bread yet.
With 85 usd oil and so strong usd Enq will do excellent!
Basically we are on the last 400m lap in this marathon of debt reduction.
Romaron, sounds like you created your own recession/ depression… why?
From where I see usd is up close to 30% to GDP so 85 today equal 110 usd oil one year ago.
A level we could only dream of for several years.
Romaron, yes you can trust these Avanza numbers.
As I said maybe Lundin holders got a slice of Enquest for free. Maybe make up for 50% of the 9k without making an active decision.
Another more interesting tech company is Sinch , 75k holders and down 90%. Still 1b+ usd Mcap.
Might be worth pickup if when market turns around.
Our relative wealth are increasing with holding Enquest
Hi Romaron, did you find any comment from them on Enquest?
It’s strange to me these oil shares so cold still, both from private person and hedge funds.
On Avanza bank you can follow how many Avanza persons hold a stock.
One of the biggest attraction is SBB, a former socialist politician bought and bought real estate with borrowed money. He was the entrepreneur of the year recently and it peaked at Mcap 10-15b usd about a year ago when he promised increased dividend for 100 years.
Now it’s down 80% this year.
They managed to get 200k Avanza people to invest.
Enquest only managed to attract 9k Avanza people, might be some leftover owners from when Lundin handed it out.
Strange people don’t see it as a energy/inflation hedge.
PE 1,5 might be worth look into in my world.
Nice timing with end of the tunnel of SPR release
https://www.reuters.com/markets/asia/chinas-crude-oil-demand-rebounds-refiners-prepare-ramp-up-output-2022-09-22/
Hello,
Can someone in simple way explain how Equity on p22 developed into negative?
https://www.harbourenergy.com/media/coui4qbk/220825-hy-results-press-release-vfinal-final.pdf
Good morning E,
The others here have similar view as me on SPR release. It’s 180m barrels + 60 more from other countries. Over 180 days period is 1,3m less available once they stop it. I think this have had a huge impact on prices since implemented.
Why was this emergency release implemented if it doesn’t effect anything as you say?
And if I am not mistaken US produce 12m but consume 20m so they not self sufficient.
Yeah, PBR have been great with the dividend and seems like a more stable country than UK. Lol.
What a mess with BJ, remember Swedish ex prime minister Carl Bildt comment once BJ was elected.
I hope it’s a joke but I am afraid it’s not.
Hope things get better now!
Nice with new SP target 47p yday, well deserved.
In 6 months no one will even look at the net debt anymore.
I widen portfolio even more now with Enq,AOI,PBR,HBR.
I think ENQ SP can explode over next months if oil prices start to go up a bit.
Wish you all a nice day
And sorry to hear about your Queen.