Member Info for rossannan

“CR-3 has demonstrated intermittent peak rates of up to 5.7 MMcf/d during liquid offloading”

“my gut instinct is that the most likely CR-3 result is one the significance of which is not immediately clear - neither a ‘make’ nor a ‘break’”

Nailed it. The Discord Crew will just be wasting their time trying to argue otherwise. And I note that gains from CB optimisation appear to have failed to match declines elsewhere.

“This low-rated income stock will soon upgrade its earnings - Investors' Chronicle”

Fair comment, but this is now old coverage - would be nice to see GDP delivering something in (or even ahead of) the next quarterly update (expected towards the end of May) that will ensure ST updates his coverage.

The investor presentation was solid rather than scintillating. The emphasis seems to be on stability, with an implied promise of a smoother shareholder experience in future. Time will tell. If gold had stayed around $5K I think this would have re-rated above 15p without any difficulty (and if gold regains $5K this should still happen). For a more significant re-rate, one or more further instalments of solid results and/or something more tangible progress on the TSF are probably required.

I am generally not a fan of AIM tiddlers for gold exposure, but I am happy enough to hold this one.

Ab76

“I’ll reconsider it on Monday (when we receive the flow rates for CR3)….”

Who is saying that the CR-3 info received on Monday will be flow rates? Not John2727, interestingly.

Diggit1gold

“This would be the worst time ever for us lth's and KEFI in general imo for a seizmic shock to hit when we've travelled so far under his leadership and guidance. So what, we get diluted and diluted again.”

Get diluted again and you lose the benefits of finally being at what is usually a rewarding stage in a gold miner’s life cycle. Are you really an LTH? True KEFI LTHs have seen massive and irrecoverable shareholder value destruction under HAA. They would be more than happy to see him replaced by a non-dilutive operations guy.

John2727

And by info you presumably mean flow rates?

John2727

Do you mean CR-3 update on Monday and usual Q4/FY Operating Results on Tuesday?

Hunbah

ENQ has significantly underperformed SQZ (in share price terms) in recent years. Do you see more value in ENQ (for the patient LTH)?

Hunbah

Good analysis. Drifting up nicely with the oil price all the same.

PortfolioPower

I hope everyone on here has the sense to recommend your post. If what you describe doesn’t happen organically, shareholders need to make it happen.

Not around for this one tomorrow but I will certainly be listening to the recording when it becomes available.

Is it not a lot simpler than that - a change in perceptions of where interest rates are headed (the more serious this oil shock becomes, the higher they are likely to go or, at least, the less likely a cut becomes)?

AIM is a parody of itself. Can we find someone with a track record of mine delivery and fiscal discipline to replace HA, now that we’re finally in the delivery phase? I really thought I had knocked it off buying in at 1.29p a couple of months ago and that it was going to be smooth sailing up the Lassonde Curve. I did not see this final dose of confetti coming, but trust HA to squeeze one more out.

And holding up pretty well on another down day for gold. I do wonder though what is going to keep folk interested for the next couple of months, while we wait for the Q3 (3 months to end March) update. Time to spruce up their communications strategy, I think.

Ayecuramba

They are welcome to an additional 10 days to get their story straight: we can all check back in on Monday the 30th and take it from there.

Nomadme

“The fundamentals are stronger than ever, and this short delay suggests the company is ensuring every detail of this transformative update is perfect. Stay patient; the potential for a major breakout remains firmly in play.”

That is obviously you talking, not AI. Other interpretations are available (except on Discord). Still, all this gives John2727 the opportunity to sell out completely in an orderly fashion.

Where did yesterday’s expectation of an RNS today come from? Someone is either making stuff up or being lied to.

The good news is that John2727 can now sell even more ahead of the coming update.

John2727

Good of you to acknowledge CR-3 uncertainty, both in word and deed.

Talking of transparency, is the level of risk that TXP is currently running something that would be apparent to innocent bystanders wandering onto Discord?

I for one doubt it. Admittedly, I only had an hour to look around before the Thought Police descended, but critical analysis did not seem to be the vibe.

“Echo chamber” is more what I was getting, with the line in to Paul Baay adding a somewhat toxic note.

Do you ever look back at the rosy scenarios outlined in PB’s Discord Q&As and regret putting all that before the punters, whatever their risk profiles and time horizons?

Stag1974

I wouldn’t read too much into it. If it has now been confirmed that the Q4/FY update is dropping tomorrow, maybe it’s just going to be the Q4/FY update without any CR-3 data. Or maybe it’s folk who were only in for an anticipation trade closing out their positions.

To be fair it is certainly bucking the trend today.