Member Info for redlse

I first follow EEG and then TBN. I am now holding TBN, EEG is in right place to add (long term support).

TBN is "Texas team" and expanding..
Tamboran and Bryan Sheffield (Sheffield) have agreed to jointly (50% each)
acquire Origin Energy's (Origin) 77.5 per cent interest in three Beetaloo Basin permits (EP 98, 117 and 76)

TBN & EEG both have working rigs and plan. What is the FOG strategy?

What I see here is large leverage to gold/silver price. They have AISC around $19-20 for Ag and $1400 Au.

I will wait for panic at earnings report release and take initial position here.

Why? HOC is not from yesterday and have good chances to survive... when gold/silver price will move HOC will move very fast. And what is best thing here you don't need to open big position to make gains like you need to do with big miners.

History is on our side :)

We could leave shares with current broker, where do you need to register to get divis?

I ask Captrader (sub IBKR)

Unfortunately, there is no possibility to deliver your held shares in paper form

What now?

Russia started to sell natural gas in RUB, they will give other eastern countries courage to turn away from dollar. Now west countries need first sell goods to get RUB or buy it on FX, not just print EUR, USD and send it over....

I was thinking... DEC will have huge number of empty holes in the future, huge assets.
Can DEC monetize this wells with CO2 capture technology?
Hidden strategy for DEC? :=)

Is is not related to Poly but just check how Surgutneftegas SGTPY wipe out shorts. You can`t short 40B USD in cash...
Blackrock ... here they know this is just a game ;)

Year earnings 4-5 or Q1?

Not much for friday buyers rock bottom is around 250p, everything above is "profit" - today, we have to wait to the end of summer. For today buyers RASP is not important anymore, from now on we go from zero, EVR is alone now.

Last week whole thread was deleted (monday sp). I told you the truth, but someone here can`t hadle it.
I bought EVR on friday, now I already have EVR.SPO - RASPADSKAYA SPIN OFF INTERIM on my account (IB). Virtually I got EVR for 230p, if RASP will be worth 190p around summer/fall. I claimed that after ex-divi the price of EVR will stay neutral - around 400p. We will see now if that claim hold, or as some other mentioned here that price can go down another 200p.

I think we will see 1000p, coal consumption is larger every year, coal supply will go down due to low capex, green agenda, no new mines, inflation, higher oil price. Coal price will go up (cyclical), higher every winter.

Typ0: 1000p :)

What is the next target now: 10p ?

Alliance News) - Fresnillo PLC on Friday announced that its honorary chair, Alberto Bailleres, had died on Wednesday at 90 years old.

Bailleres had stepped down as chair of the Mexico City-based precious metals mining firm in April 2021 after and made honorary chair. He was replaced as chair by his son Alejandro Bailleres who had served previously as deputy chair of Fresnillo...

https://www.morningstar.co.uk/uk/news/AN_1643965828514040000/fresnillo-announces-death-of-honorary-chair-alberto-bailleres.aspx

@Swampmonster Nice rebalance from Mali to Peru which seeks bigger Cut From Mining (Socialist leader).
- Mali had many conflicts in history, gold never stopped mining during conflicts $$$.
- Mexico recently had tax hike on Oil industry, miners probably next on line. Don`t think that in US, Canada, Australia you are safe from tax hike.
- Russia have now bigger tax rate on dividend over 60% of FCF for base materials miner, precious will be next I think.
- Same stories everywhere...
- You sold POLY 2nd most profitable precious miner, frist one is POLYUS.

One clip from field https://www.youtube.com/watch?v=c-83sqOqnSg&ab_channel=NorthernVisualsAustralia

I watch both... FOG have licences on east sub-basin and EEG have west sub-basin and also all land around FOG. Where is most of the gas? Inside "Basin outline" from image https://falconoilandgas.com/beetaloo-australia/ or could be around this basin also?

On Yahoo PDL earnings are 187M, but wait for Jan 18 to get exact numbers. :)

Can we expect around 90p? :|

I made quick calculation, 5% discount rate, $1700 gold
NLGM 4 year: 29,25 M
Singida 7 year: 46,10 M
P/NAV 0,83 *if they did not blow $27.5M of cash reserve
Kenya is big optionality here and I think this is a good enter price.