Member Info for schlemiel

NM

12.5[

https://uk.advfn.com/stock-market/london/capita-CPI/share-news/Capita-PLC-Capita-agrees-to-sell-Security-Watchdog/90448262

'back from the dead'

will drive Capita even higher. We all know Labour adore massive public sector spending. Capita will benefit from this massively. Dividend payments resumed. Debt massively down. And a chart that looks primed.

150p in early 2020 then collapsed as the market concerned itself with the possibility of bankruptcy. Now, we see the market pricing in the possibility of a thriving busineess with a healthy balance sheet

We saw this back from the dead effect in 2003 with Ashtead, riddled with debt, and priced at around 2p. Today, they're priced at £55

It is the debt that is the real killer. The fear of equity destruction to zero. Remove that existential concern and boom, buyers return with confidence and hope to hold the stock as an investment and that should attract institutions

the removal of debt from the equity mix is huge news for CPI.

Of course there's 'gonna' be dilution. That's a fait accompli if a deal is in the pipeline. Let's hope the dilution is debt based and not equity based

Wyloo will want the whole shebang to get full exposure to Havieron and Telfer..lock, stock etc

'Newcrest could offload Telfer operation to Greatland

Greatland Gold is looking at its options to bid for Telfer and take back control of Haveiron if Newmont acquires the Australian-listed Newcrest Mining.'

I knew this was on the cards

good find

TT

Oh I see. That makes sense. Cheers

has been removed by Newcrest from its pulldown selection on the careers section

Newcrest (15%) along with BHP (15%) would love to get their hands on SOLG epsecially the huge copper deposit at Cascabel. It wouldn't surprise me if they hived off Havieron which is more gold than copper. Sell it to a Wyloo-GGP parternship

these are the ones that really matter

Flow Test Results Planned for early Q2/23 – The programme will include up to 24
stimulation stages over a 1,200m horizontal section– more than double the amount
of stages that were placed in the Amungee-1H well. The well has also been cased
with 5 ½ inch casing, the optimal casing size to place a high intensity stimulation and
on par with modern US unconventional designs. The larger casing diameter is
expected to deliver sand and fluid at an increased rate to the perforations during
stimulation, which should deliver higher production rates and estimated ultimate
recovery (EUR) when compared to smaller casing diameters. Fracture stimulation is
expected to take 2-3 weeks. Following stimulation, up to four-weeks of fluid flow
back is expected to take place prior to the installation of production tubing, with a
30-day initial production rate expected in Q2/23.
? Catalysts for Growth – The Amungee-2H well is the first of two horizontal wells to
be drilled during the current, Stage 3 drilling campaign, with the location of the
second horizontal well, also targeting the Amungee Member B Shale currently being
evaluated.
? Building on a Key 2021 Result – In September 2021, Falcon announced a fivefold
increase in the normalised gas flow rate from the Amungee Member B Shale at the
Amungee NW1H well, providing a firm line of sight to achieving initial production
rates in the range of 3.0MMscf/d per 1,000m lateral. Production log data from the
Amungee NW-1H well confirmed that 85-95% of production had come from just a
200m horizontal section, equating to a normalised flow rate of 5.2-5.8MMScf/d over
a 1,000m horizontal section. These test results significantly exceed the expected
commercial threshold of 3.0MMscf/d over a 1,000m section and puts the Beetaloo
on a par with other shale gas basins in North America

Falcon Oil & Gas Ltd
Fracking Commences on “the pivotal” well
for the Beetaloo
Fracture stimulation has commenced on what could be “the
pivotal” well for the Beetaloo. Up to 24 stimulation stages are
planned (double the concentration of any previous Falcon well)
within the Amungee Member B Shale at the Amungee NW-2H well.
Stimulation operations are expected to take c2-3 weeks with a 30-
day initial production rate anticipated early in Q2/23. We estimate
that a normalised IP30 flow rate of 3.0MMscf/d per 1,000m would
support the potential for a multi-well pilot development
programme in 2023/2024.

Still hefty selling. News of some form must be close

'assess several opportunities to maximize value'. Corporate code for asset sales. To maximise is to achieve maximum value in one singular transaction. I bet Havieron is sold to GGP-Wyloo along with some sort of arrangement at Telfer

https://seekingalpha.com/article/4578831-newcrest-mining-ltd-ncmgf-q2-2023-earnings-call-transcript

'Havieron has been a great exploration story, and we continue to assess several opportunities to maximize value and derisk the project through the feasibility '

Havieron has been a great exploration story, and we continue to assess several opportunities to maximize value and derisk the project through the feasibility .

It's tough buying higher and holding on while losses mount. It's a kick in the teeth and I have sympathy for those who can't afford to support such losses but what's the alternative? Take the loss and move on or wait to see what transpires. It's a binary. You either hold or you don't