Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I'm not rejoicing. like I said before I'm here for making money not pennies. I will wait when it's 650 and yes it's frustrating.
I see your update is selective of only ones that done better than hbr, very biased update, not surprising from an idiot like you.
One more word, what do you bring to the board that is informative rather than wingeing all day - total waste of space. Never see an update from you where I feel enlightened about my investment so I can go back to drawing board to reassess my position etc.
NF, epi is correct in this one, there is no trading update next week. Chrysoar use have a trading update every November, so for a while it was showing in their calendar to happen again this year. However in the 23 sept results they ditch their traditional trading update day for a capital markets day under the harbour branding.
Hi tessklee
Not sure what 35 means in your calcs, guess the fcf for each barrel. 200k i recognise as the number of boe (not just gas).
So taking your numbers as a starting point then the value should be 200k x 35 x 365 = 2.555.
Say the expected average life of the producing assets is 10 years and the risk discount rate to value the company (which is optimistic, so my calculations are prudent) say is 10%, then the value is 17.5. I guess your 35 is in dollars, so say 12.5 gbp is value of hbr which includes value of debt of c3b say. The market value should be around 10b or 10 quid which is 50p old money and we know in aug 2020 it was 60p in post pandemic world. So 10 quid share price isn't unreasonable. However there are alot of variables need to be allowed for - forward curves of oil prices, hedging, expected future opex, capex, actual lifespan of assets, decommissioning costs etc. But should easily be over 3.5b it's worth today. DYOR.
Pointing out that you made a wrong prediction like your chum dbno to scare people off doesn't mean I think 362 is a great share price far from it. I'm not here to make pennies, I'm here to make a few grand. You are really are thick if that is how you interpreted my comment, now stop defaming me and trying to cause problems.