Member Info for Rickylfc5

How can stt1 post with any credibility when he spent years telling us that Totally was a better investment than Hvo - Totally gone down by 70%+ since then whilst Hvo steadily climbing

Any thoughts on final Dividend - had to be around 1.8p imv - nice little boost to the share price (hopefully) as we approach final results

Who was the plonker saying this was going to 25p

I wouldn’t be surprised if the Tories reduced the NS windfall taxes. Labour are trying to gain ground in Scotland and it would force them to explain their position on taxing one of Scotland’s big industries

Impairment at the H1 stage was £0.69 b so third quarter increase is not that much £0.11 b

I’m talking of patience for this to move back up the forties not for any fantastic growth

It was only a few weeks ago that Barclays analysts said that Lloyds was ‘too cheap’ and the SP went to 46p. Now everyone is talking gloom and doom - have patience and this should recover

Really disappointing situation (and poor judgment on my part) - the Balance Sheet is horrible. Apart from all the loans there are 88m of current liabilities and the current assets will include VAT which they are struggling to get back from the respective African governments

$77m repayment next year seems ambitious - are they planning on selling Dugbe???

I realise its the classic PI statement (from many a bulletin board) and i know the info. isn't spot on, but - there seems to be a lot more buying than selling over the last few days (as the SP retreats)

Why would it not be good news - we have plenty of tax losses to absorb extra profits without paying any (standard) Corporation tax. I’ve looked at several NS oil Companies and the latest accounts seem to be an exercise in proving how distructive the EPL has been (rightly so) with lots of impairments and commentary on the negative affect of the EPL

I’ve just bought into Enq and caught up on some of the story so far. A low cost acquisition does seem likely that will add a nice amount of extra post tax earnings (due to our huge tax losses) without costing a fortune.

Are these grey ‘unknown’ trades real trades? If they are real then they must be buys as the large quantities would trash the share price - any thoughts??

I contacted IR and they said interims by end of Sept.

Pasofona could borrow $200m and do a $70m a year share issuance (for 3 years) meaning we would have to find $35m a year to fund our 50% - not impossible

Another day closer to nameplate - hopefully 10k a month is low end so expectations can be exceeded. Next years PE is around 1 which is absurd if all goes to plan

African Companies might trade on low PE's but with 10p earnings forecast next years i'd be more than happy with a PE ratio of 4 or 5

Frustrating - any hint of a few sells and the price gets marked down and it seems to take many buys to push the price up

I wonder if they will coordinate the Kor nameplate announcement to coincide with the half year results - to distract from any nasties that take us from $33m EBITDA profit to a pre tax loss - just my paranoia

Https://wp-hummingbirdresources-2020.s3.eu-west-2.amazonaws.com/media/2023/06/June-2023-121-Investor-Conference-Corporate-Update-HUM-Final-2.pdf

Page 30 ratio of net debt to EBITDA is zero