focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Thanks Potnak .. good thing is that it’s back in play.
How does this licencing agreement compare with the original Sierra agreement which I believe was amended in 2020? Be interesting to compare the 2. Good news though because at least 737 is no longer washed up in some backwater
£1 would be just amazing. To be honest just getting back to the most recent high of 40p 5 years ago would be great; my average in is 60p most of it over 14 years ago so a very long way to go but £1 would at least make the wait a bit more worthwhile!!
Wonderful and nostalgic story .. your Mr Buisseret would certainly not have been out of place alongside some of our characters or vice verse! I was lucky to get into Kings Macclesfield when it was still a grammar school and how the country needs a return to schools like that to give both opportunities and inspiration to future generations from all walks of life.
Latin can be a useful language for clarity .. in addition to GRH specifically referencing the licences here as “sine qua non” one could add as a general rider that all investments should be viewed in the context of the caveat “Volenti non fit injuria” ; I have my Latin teacher Mr Vigor (who never removed his anorak in class in the 3 years he taught us) and my law and economics teacher Krink Bill (who never smiled once in the 2 years he taught us!) oh how I miss those happy school days of truly eccentric madcap teachers!!
I hope GST does prove successful which is why I am invested but they all carry risk. Reward has always had a direct relationship with risk. I agree GGP may struggle to get to 60p now but 30p is still possible; I have ARV which is in the same geological area as GGP but has potential to rise more dramatically.
Okey dokey
PRD have had a great year drilling in Morocco and could potentially have discovered massive amounts of gas subject to final testing on top of other assets.
RKH discovered large quantities of oil in Falklands 12 years ago; FID is expected in 2024 and hopefully first oil in 2026. Have just monetised an international court decision to secure their medium term financial position. BOR will follow in RKHs wake as it is seriously undervalued.
SAR a pharma research company currently well into testing products for treatment of psoriasis and cancer. Currently 60p but in my views further forward than they were in 2021 when share price went above £4 briefly.
POW have an interesting portfolio of interests in a variety of raw material projects and I think is significantly undervalued.
Also invested in GGP, ARV, BOIL recently invested in TRP and of course GST.
85 to 90% of my investments are in high yielding investment trusts, cash and very recently Bonds again and 10 to 15% is in the high risk stuff above .. fun high risk shares each of which could generate a life enhancing return
I’m sure GST may have the potential to rise 7x over next 2 years which is why I am invested but there are several other shares out there with similar potential; I am in at least 5 other shares that could do that and I only need one of them to come good!!
I think I was right thinking there was an RNS promised by end of 2023 on Cory Moruga; happy to be corrected by more learned posters on here.
My wonderful late father had one of the first E Types in 1962 British racing green, soft top, spoke wheels and no speed limits in those days so he could really open it up on the M1; my wife tried to track it down from a photograph for for my 50th birthday but sadly no longer in the distance!! Still fancy an Aston though; a good AM Vantage convertible with about 40,000 miles on the clock would cost around £30,000; you could probably run it for 3 years and get your money back!!
When I initially bought into TRP Graeme Thomson was all the rage and a key player; whatever happened to him ; I see he resigned in 2019?!
Due an RNS on Cory Moruga tomorrow aren’t we according to recent RNS .. ie by end of 2023?
I popped a few thousand quid in here about 7 years ago and kind of lost interest when they plummeted over 95% and just assumed that was probably it! However the write up this morning and other progress suggests maybe there is some upside now. Anyone care to have a go predicting potential share price and market cap medium term (up to say 3 years?)
1 billion would be nice .. a 50 fold up lift from here. I have the same target for all my small cap shares .. PRD, SAR, RKH, BOIL and POW .. just want one of these to achieve that target and that’s my holiday retirement fund sorted. I call these “fun” shares! 90% of what I have is in high yielding investment trusts, recently Gilts and of course some cash. It’s a reasonable balance given my age and offers up the hope of some excitement and possibly a sprint down the home straight to the finishing line of life!!
Latics can I ask why you spend so much time peddling negativity here? We are all frustrated by the lack of progress since the original discovery but it’s not all RKH fault; they have tried to move things forward with various joint ventures but partners like Premier have let us down. Hopefully with Navitas it will be different. My average buy in price is 60p and it is a significant investment for me so I have a long way to go to get above water but I have always felt one day these sensational oil discoveries will be developed.
In my view the arbitration issue has always been a side dish to the main meal which is the development of Sea Lion. Successful arbitration would only get the share price up to about 30p and that’s only if you could get the Italians to pay! Successful development of Sea Lion will take the share price well over £1 . This monetisation of the arbitration will get us through the next 2 years by which time with Navitas beavering away we will on the verge of first oil.
Tritoretire .. also have a look at Reddit Predator A Sleeping Giant to see all you need to know including comments on key posters here near the end of the article.
The national papers like to guess what the FTSE will be at the end of next year in the run up to year end.
Any one fancy a go at estimating PRD price at end of 2024?
I would anticipate over £1 if testing goes well in Q1
Will never understand the markets 😵💫😵💫
I believe the price should be nearer to £2 a share based on the current stage of development therefore a re rate at some point to a more sensible level is quite likely.