The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Video now out on You Tube nothing we dont already know,, the longer we stay suspended, the more likely a deal will be done, imo Paul thinks it could be transformational. for JSE, i think once Akatara, is flowing gas it changes the whole finance structure, im happy for JSE to stay suspended until AKATARA gas is flowing, and brining in another4- 6,000BPDOE
or longer if its needed. One thing for sure we wont be in the 20p range when it does re-open, i can see a 100% uplift very quickly.
https://youtu.be/PjlT_MbCTrg
As i said the other day, India has to go Cap in Hand to USA, now, paying Top Dollar!!!!! Brent now over $87.00
Bloomberg reported on Tuesday that the country is buying the most US crude in a year. India's state-owned oil refiners Bharat Petroleum, Indian Oil, and the country's leading private refiner Reliance Industries, have snapped up nearly 7 million barrels of April-loading crude oil so far in March, the largest monthly inflow since last May.
Our oil will be in high demand!!!! and Top Dollar prices being paid, I think the best prices will be in Mid April??
Great to see all the buildings now under cover, all tha main components in place and connected into the processing system.
Export Pipelines now in the ground and tested ready for the switch on,
The Sp is a complete joke at the minute, there in Indonesia we can see the Installation virtually completed, loose ends to tie in, well pads all ready and standing by to start the process of being a major gas producer into the Country,
An Amazing effort by our Contractors to complete this on time and within budget!!!!
Cost JSE around $100 Million and our Sp sat at just over £100 Mcap, THEREFORE PRICING ALL THE OTHER ASSETS
AT A BIG FAT ZERO.!!!!!!!!!
Sp should be over £1, its completely bonkers and out of touch. cant wait till we open up trading, ill be sinking a HUGE WEDGE in here, will have to be quick on the opening day, Imo, let's hope its in mid-APRIL and i can take advantage of the full ISA amount!!!!!!.
Next video will be exciting, looks like May for switching on the GAS!!!!!, imo
"recent work has also identified the potential for a parent mineralized porphyry body beneath the outcropping gold system."
how good could that be???? needs further drilling to find out?, im sure the new owners will take this into consideration.?
Great news for investors, returns will be great this year, palm oil having a great run
As quoted from the late Charlie Munger
"The Big money is not in the buying or selling, but the waiting"
and one for Charlie
I'm right, and you're smart, and sooner or later you'll see I'm right.
Have a good day everyone ...... Brent still over $86 !!!!!!
I wondered what was causing it to rise, besides the red sea problems , USA are churning out record amounts of production, Biden doesnt want oil prices to rise too high, will impact his inflation figures,
If its Russia thats suffering from oil production, India will be looking to get its oil from Mid east again, but will have to pay top dollar this time!!
If this continues into mid year, Dividends will be back on the agenda, sooner than expected,
Cash rolling in, ready for the next liftings ???
Yes we will be paying a Dividend in 205-6-7-8-10 unfortunately you won't be receiving any!!!!
Ha Ha Charlie, clutching at straws again, Oil been trading above $80 for weeks now, which we get good premiums on our oil, and Charlie worried about no numbers from JSE , ??, Sp will bounce once opens!!!!!!,
You do realize that Stag/Montara are about 20% of our production now, the operating costs will reduce significantly as the repairs and chains etc are sorted, leaving a long-term asset producer for years to come at lower Op costs, nearer $30-$40 prices.
Paul did say we are looking at another infill drill at Montara early next year,
Charlie, Lying again!!!!, you really are sad
$86 ATM, my dyslexia is getting worse
Has been on a decent run since we got suspended on the 13th of Feb, it has risen $5 in price and shows no sign of slowing over the near term, i no we have a could amount hedged , but since then we have increased the production stream from our other assets, so we must be generating significant cash at the moment, if it stays around the current price, we could see a nice uplift in the Sp once suspension is lifted
Hoping we get the February update released on AKATARA this week