Member Info for r1234

And OM news:

On 28 March 2022, the Company received the following update from the Chairman of the Panel considering the Ombrina Mare arbitration:

"The Tribunal anticipates that the proceedings will be closed in the next few weeks."

Storm in a tea cup. First world issue. The UK has much bigger problems.

https://www.londonstockexchange.com/news-article/RKH/extension-of-heads-of-terms/15393910

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that Rockhopper, Harbour Energy plc ("Harbour") and Navitas Petroleum LP ("Navitas") have extended the provisions of the previously signed heads of terms (announced on 8 December 2021) from 31 March 2022 to 30 April 2022. The main elements of the transaction have all been agreed, with a view to signing definitive documentation by this date.

pmsl

Please impart some wisdom then.

If they cut the divi 25% from ~80p to 60p I'd expect to see the same happen to the share price, but the SP seems to be remaining strong. I'd value the share at about £12, What am I missing?

In my experience of industry, work expands to take the time available. And then overruns!

If Navitas had lost interest, the RNS would surely already have been out?

looks like a sell, but hasn't done much to the price?

"During the period the Group expensed $255 million (2020: $161 million) for exploration and appraisal activities. This includes costs associated with the exit from exploration acreage in Brazil and the Sea Lion project in the Falkland Islands of $134 million (2020: $nil)."

I wonder what proportion of that $134 was for Sea Lion and what it went on?

Filtered

How many new posts will you make with the same title? Why not append to one that you already started? Perhaps because you'd find that you're talking to yourself? I'm not going to filter you because it is always good to get other points of view, but please say something new.

Yes, but presumably when the music stops, someone will be holding a very hot potato!?

"selling their paper"

I don't understand who would want to buy it. Surely it's worthless? Presumably they have to buy real gold to match the amount they have in paper? /shrug

21p final divi

Seem exceptional to me.

currently up 118% today. Wish it was us.

Nothing on the Centamin web site.
I'm guessing that the dividend will not be declared until the results on the 16th of March:

https://www.centamin.com/investors/investor-calendar/

Gold doing well. CEY doing well compared to most others today.

Zzzz

Inching up again. Slow and steady. Let's see if it lasts past 14:00 where it tends to fall (presumably due to the American markets).