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Indeed we are! Nickel-investor 😊
No one else has picked up from tu thats catcher is producing in excess of 60k aswell as not all wells producing yet so more to come? Increase in reserves too?
2.72b to 2.65 was based on jan to end of march! (1sr qtr) proceeds of asset sales still not hit accounts, but will in june! Your off ya rocker m8!
Hyds. I personally wasnt expecting debt reduction by too much. Capex was front loaded into h1. Plus all this extra ramping up will have swallowed some cash too. Catcher is at 60k. End of. H2 will be some serious dent in debt! Now is the best time to be in for long and leave be. Im well happy. Atb smut
Tomorrow, I believe.
Hyds, i know you mean well and very exciteable, 1.5b maybe budgeted, but in this industry at this point in the project i would take with a pinch of salt. Alot could go wrong and lets face it..... its a big ass project! In dubious waters!
And could drop just as quick depending on whether omo kicks can down the road a bit further? Form a monetary sense would think pmo would just buy rkh then farm out on new terms etc.
Hyds, are you on crack? If only things were as simple as you highlight my boy. I wouldnt even be able to summise at some of those figures even if i did research it thoroughly!. Pmo will front some cash to the project to get ball rolling, but where will rkh get their share? And im sure they will need more than 800m for it! Anyways gl. But please keep your indepth analysis for the rkh bb. Atb smut
Agree garyn. I expect carnage again once the penny drops. All hopes dashed for the longterm?
I read that part as meaning orion not prepared to throw anymore good money after bad. Orion comfortably accepeted there are ways to recover monies owed but leaving it open for other investment to kick can down road as an off chance!
Have been watching this closely and was waiting for berg deal for me to make a case to invest! That has now gone. (For the time being!). And given todays news......... i dont see it even getting my punt money until it hits .08p. Very dissappointed as hoped this would turn into a nice recovery stock for the long term!
Tr, you and me both! But i will still be here even when they're paying dividends! Not sold once but have avgd up! 😂 atb
Hyds. Understand frustration, but dont kick yourself over it. Pmo moved from a trading stance to invest about 2 weeks ago. The case for investment is growing strongly........ a little consolidation is all it is given the recent strong performance in sp. Relax man!
If thats the sort of response you give as a result of 'day trading' then clearly its not for you! 😉 atb
I agree ggits, not out of the woods yet, but today had a little top up of 63k as i dont see this dropping much more and feel on the back of recent news i need to further strengthen my longterm future position and will continue to 'strengthen' as the company does. Just didnt like seeing my avg creep up! Lol. Atb fellow iog'ers
Personally, for mobile i use webull from the app store. About 8quid a month for level2 though. Its a pity equiduct dont do a mobile version thats free! ;) atb.
Copied from another bb and should help renewed interest here for the long term! https://oilprice.com/Energy/Energy-General/UK-Looks-To-Ditch-Russian-Gas-After-Spy-Scandal.html So North sea oil & gas companies shares should start rising. Hopefully government will look to fund and invest in companies like iog to ensure future supplies. Atb smut
Looking good!
Time to listen to boomtown rats me thinks lol. Atb
Just ignore pmo board. Its not worth bothering with. There are other ways communicating with decent posters. Apologies to all lek holders for the intrusion. Atb smut.