RE: AI Forecast (not mine!)14 Sep 2025 17:44
Not in the context of financial analysis like this.
Maybe if it was giving you investment thesis ideas or starting points for analysis, or even heuristics using more specialised tools not readily available without significant cost.
Its gobbledegook.
Look at comparable resources and jurisdictions to understand risk and potential upside.
We don’t yet know the final details of finance.
We don’t yet know how Saudi plays out or any dilution for that.
We also don’t know what sorts of overhang we have from underwater PIs, nor appetite for book building by specialist funds, at what levels and what timelines.
Post-finance well have the speculators, but then analysis will come and it’ll begin to find a level.
Given such a low avg., it’ll be nice and profitable, even permitting for inflation adjustments and market comparables.
HOWEVER
The really exciting thing is the potential for growth beyond the initial resources to a larger resource base - which, with a nice chunky holding, will become highly valuable and kick off some lucrative yield.
As for specifics - let’s see!