Up she goes... not ramping it 's telling you what's happening on the book that's all ... only 2 MM's left Bid has ticked up but you can still buy at 0.008 mental .... wont last though.
@ 0.0085 this is mental bargain and it's what keeps bringing me back here to be honest... every time it drops its a buy... sell at 0.0095 / 0.0010 (if its a trade alternatively if you're topping up then it doesn't get much better than this ... trying to get more myself ill buy up to 0.0085
RE: RNS OUT - EXCEEDS PRE DRILL ESTIMATES19 Aug 2025 09:07
Not at all they was closing prior to that... also they knew we was drilling the most impactful well for us...so always was going to do some risk management.
i've pencilled $1mln per month profit for cb prior to (also as every figure he use is in $ i would say the saving estimated $800/ month (once the one offs have been dealt with) so for 2025/26 ye i wouldn't expect much of the $800/month to have hit the bottom line however 2026/27 should be pretty impressive for just cb alone imo. so lets say he gets close to the $650k month savings (adding the pb effect) plus the 1mln/month profit , so total for ye26 for cb alone should be circa $19.80mln profit although finance costs will have the the capital and interest included in the repayments as apposed to the interest only for 2025/26 ... anyway these are just back of a *** packet projections for cb imo but a lot of the profits will be spent on future drilling so a few extra wells and getting over the magic number to hit the lng could be even more impactful.
my 2 pence worth anyway....but certainly looking like the bottom's in and should improve from here on !