Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
On page 20/21 of Chrysaor report it does say the reserves will be reassessed again in January and probably downgraded
Fair enough
Jenifer -
When you say our Shares could be worth 50p with the rise of oil. This would imply the market cap of around $10 billion for the new company. Just checked Aker BP share price and it’s 50% of year high
Apologies dell. Maybe that’s not correct. As Devon put it the no of Shares to be issued etc have not yet been decided.
The no of shares you have will not change.
Apologies he’s posted on here also
Downbutnotout posted this on Tlw group. Anyone think it’s correct. No idea why he didn’t post it on pmo group lol
Posts: 15,730
Price: 17.64
No Opinion
PMOToday 22:54
Chrysaor´s EBITDAX for 1H 2020: US$ 920m (page 17 of today´s press release)
PMO´s EBITDAX for 1H 2020: US$ 352m
Combined EBITDAX for 1H 2020: US$ 1.272m
Annualized combined EBITDAX: US$ 2.544m
Enterprise value: 5 X EBITDAX
Combined Enterprise value: US$ 12.720m
Combined net debt: US$ 3.200m (see today´s press release)
Combined market cap: US$ 9.520m
PMO´s shareholders participation in combined equity: 5.45%
Value of Combined equity atributed to PMO´s shareholders: US$ 519m
so 519 * 0.78 (exchange rate USD to GBP 0.78) = 404.82
404.82m / 143.2m (current mcap at 15.47p) * 15.47 = 43.73p
so at 16p SP is a steal?!
From The Times 3 Oct 20.
A mass roll-out of a coronavirus vaccine could be completed in as little as three months, raising the prospect of every adult in the country receiving a jab as early as Easter, The Times has learnt.
Scientists working on the Oxford vaccine hope it could be approved by regulators before the start of next year, with some health officials estimating that every adult could receive a dose within six months.
Government sources involved in making and distributing the vaccines told The Times that they expected a full programme, which would exclude children, could take six months or less after approval, and would probably be significantly quicker.
The authors of a Royal Society report claimed that it could take as long as a year before everyone who was eligible received the vaccine. But health officials believe it can be done far faster irrespective of which vaccine is successful.
Within weeks training will begin for an army of physiotherapists, midwives and other health professionals drafted in to administer the vaccine. Rules are being drawn up to allow a much wider group of healthcare staff to give the jabs. Drive-through vaccination centres are being planned to cope with the huge logistical challenge of administering vaccines to tens of millions of people. The armed forces are also likely to be called in to help.
Hi TR1
Sorry to hear that. It just shows that money is not everything. Wishing you well and also hope you can recover from it. I was also was diagnosed with non fatty alcoholic liver disease 2 years ago but didn’t take it too seriously as was told it’s early stages so can be reversed. Although you were diagnosed recently with it how long have you had the illness for.
Never realised someone had posted yesterday
Check out @Ophir_Energy’s Tweet: https://twitter.com/Ophir_Energy/status/1081639220668706816?s=08
Finally totally out of pmo to invest in Ophr. Initially bought in 50s and 60s and started selling over £120. Sold the last lot at £1.42. Was a rollercoaster but was well worth it. Good luck to all
I have sold all my premier oil shares which I had bought at 61p to get into ophr. Hope this will be as good to me as was premier oil
120 hopefully by Friday. Good job I didn't listen to Andy and sell at 65p
Congrats all holders. Pmo is now officially in ftse 250 http://www.ftse.com/products/index-notices/home/getnotice?id=2588809
Well done guys. I'm still holding all mine at least till the end of the year. Think it's been 2 years now. Long term investing. The best bit over the 2 years has been getting rid of shorters and the likes of Andy P. Long may it continue
How come he left