Member Info for RNSTranslator

Nope, you can’t do that.
Bottom line as someone has pointed out is that it’s what someone is prepared to pay, and that’s a function of risk tolerance and how many bidders.
NPV is as you say the unrisked discounted cashflows and includes all costs and revenues that are input into the model, sellers tend choose more aggressive pricing and lower Capex. Of course there is risk in this project, for example. Is there a chance the Capex will overrun, is there a chance the well might not deliver the volumes or rates anticipated, what is the price of gas for the first few years, what is the cost of entry to the pipeline system and is that fixed or based on opex sharing. Will the project get OGA approval on time and start producing at the time expected or will it be late…and so on.
Your comment about Capex was slightly misleading. Yes Capex is included in the calculation, but of course the Capex is not something the seller delivers to the buyer, the buyer has to provide that. The buyer will asses the risks based on their own evaluation in a data room, a calculation of potential NPVs discounted by the risks and including their own cost of capital as the discount rate.
Then they’ll offer as little as they can get away with…
So in my own view that will be in the £10’s mm at best, probably with a large proportion being contingent on the project meeting milestones. Anyone thinking £100mm is going to plop onto Eric and Ernie’s desk this year will be sadly disappointed..

Keep up Gwynny, this was dealt with yesterday.
to Heidi Hi' responding to posts without actually reading them first.
Appreciate you may have been out collecting your Pension.
"and exactly how do you square that statement with my contention that the recent pressure information should INCREASE the recovery rate in the CPR... add that to my comment that the share price will not move UNTIL we have a CPR, that's actually positive and supports the view that this will rise on the CPR... didn't you understand that? or do you just attack anyone who calls you out for all your other irrelevant and rather naive postings.
Notice how I've adopted your capitalisation... so you can believe it...

"Why do you think £200M is too much?"
1: It requires someone with £200mm and then another £125mm of development capex for first gas in 2025?
2: Its a one well development which is not financeable as a standalone asset either through equity/IPO and/or debt unless the company has other producing assets.
3: The well deliverability is still not without risk, the well test only lasted 4 hours before sanding up, any Res Eng will tell you that's not long enough to analyse long term pressure and delivery performance.
4: They can't develop it or finance it, and it requires someone who fits the requirements on 1 above, someone with that asset base/financial power will know the risks and that the sellers are price takers not setters.
Whilst I'm sure it'll be sold in some shape or form I'd expect a few £10's of mm not a few £100's.
Of course folks can believe what they want...

He knows a thing or two about oil and gas financing.
Just wondered if he agreed with some of the more excitable posters claiming Corallian will sell for £200mm?
As he knows folks don't buy undeveloped stuff for NPV.

Perhaps Truth can tell us what Corallians managements sale expectation is?
If he's been there since day one, he probably has good idea...

9:06 to 13:09
Heid 4 posts (14 recommends) average recommendation 3.5
RNS 3 posts (18 recommends) average Recommendation 6.
'Nuff said eh! Heid, you need to up your game, and your grammar..."as you were, not as you was.."

"GET STUFFED !!"
Classy response, getting a bit narked are we?
Your narrative being exposed as ill informed and rather poorly thought through seems to bother you.
You're just a promoter nothing more nothing less... maybe a Board seat awaits...

"Basically RNSTranslator you want this to fail. Along with a few other individuals persimmon, Mirasol, Winnifrith...JustBe."
and exactly how do you square that statement with my contention that the recent pressure information should INCREASE the recovery rate in the CPR... add that to my comment that the share price will not move UNTIL we have a CPR, that's actually positive and supports the view that this will rise on the CPR... didn't you understand that? or do you just attack anyone who calls you out for all your other irrelevant and rather naive postings.
Notice how I've adopted your capitalisation... so you can believe it...

"Of course I understand the relevance of the CPR"
You didn't even understand what I was trying pointing out.. Your amateurish, technically illiterate rantings don't seem to be helping do they?
The share price will only move when an independent CPR by a reputable provider is published. Because quite simply they've all stopped believing the promotional hype from management, and especially the irrelevant guff you spout.
The oil price is not the issue, its credibility, that's why it's stuck in the mud.

What happened to the Ostrich?
By the way TYPING IN CAPS doesn't make it any more believable...lmfao.

I go away for a couple of weeks and Heed starts fretting..bless!
We have good news regarding the pressures and clarity over the bubble point, which should all thing being equal increase the recovery rate in the CPR, and the share price is exactly where it was before, whilst EDR and EOG move ahead. You can only take the p!ss out of the shareholders for so long, eventually they just stop believing you, good news or bad. I’m afraid that’s where this share is.
Heid of course is still fixated with production rates, and doesn’t understand (using a fossil fuel car analogy) it’s not the top speed that’s important it’s the amount of fuel in the tank that determines the range (revenues).
Simply multiplying the suggested rates by 365 shows just how technically illiterate she/he is…

pointing out inconvenient facts is not wanting it to fail.
Interesting that you should think that, it suggests that for you success is telling a tall story to raise the price by bringing fresh meat on to the register.
Success is producing oil or gas and sharing the proceeds of success with shareholders, and being open and transparent about the cashflow profile, risks and rewards... not giving out only enough info to bamboozle and obfuscate...

I just point out inconvenient facts rather than “opinion”
Rampers find it annoying because they just want to promote half truths and unrealistic expectations,
Why in the face of a rising oil price is the share price where it is? And why do you feel the need to support Dave quite so unconditionally in the face of 90% or more of shareholders sitting on a loss? Methinks you are closer to the company than you care to admit…hot tub or pool?

“ traded this very cleverly”
I think you know who were the “clever traders” in this over the years…don’t you Heid!
Buy in low and get out before (perhaps just before!) the next leaked raise…rinse and repeat….

In your response to “another loser” you said “far from it.”
Only then to state “how do we know”
At least be consistent in your falsehoods and BS.
Nobody pre Wressle (or the recent historic low) can be in profit unless they are traders rather than holders.
Even DB is underwater on all his investment as all pre ipo shares were issued at 50p (0.25p).
Not a hissy fit Heid, just enjoy catching you out on your increasingly desperate attempts to rewrite history or spout plain untruths or unachievable targets . Still £6 target, £2, £1 or are we back to the company stated NAV of 18p per share?

“No, far from it.Been here pre Wressle .. years.
Local and well, Ive said enough.”
So by default he is a loser, if he’s been holding that long he’s blowing smoke up your @rse about his shareholding or the fact he’s not holding at a loss..or both.
At 0.0725 equivalent how did he buy in below this… pre Wressle??
Answer - more bs from our Amateur ramper #factsareoptional

"Dog, Dinner. Rick Stein ."
What happened to the Ostrich?
Rick Stein he's from the West Country...so that's a least two of them Dave and Rick..

"They are much better than me" did they tell you that or was it obvious even to you?,
" though they have welcomed me and are in a different class to you men."
You don't know what "class" any of us are in do you to make that comparison , so how do you know even they exist? Do they also travel imaginary Class like you?

notrac
As far as I'm aware telling someone you were approached but not made inside and you "suspect" it's Co X is not insider trading. Whether you trade on that suspicion or not is up to the moral compass of the individual..
.

"1,688 Followers.... all listening to me !!!"
or laughing... how do you know which?

you've still lost 33% of your investment...