Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
If RDS wanted to buy NOG they’d have gobbled it up ages ago. They’ll struggled to find a buyer at the moment but I’m hoping that with a small increase in production and payments for third party gas processing later this year, this company can turn it around over the next 12 months. If not, it’s curtains and my slush fund with it.
This share goes below £1, it’ll bounce massively. I for one will be buying more. It’s obviously being manipulated as it’s just too good an earner to be at these prices. The lead up to 31 Oct will be an interesting period for this company as those interested in acquiring the company will need to Shiite or get off the pot before we leave the EU.
Debt isn’t that big compared with some and it’s not going to be an issue until 2022. The reserves aren’t currently producing what they should but, the company isn’t sitting on its hands, it’s addressing the issue. For me, at the moment, the value is in the infrastructure. When third party gas, oil and condensate start flowing into the facility, the investor will start to see a return. Couple that with an increase in organic production in late 19 early 20, the share price will be back to 16/17 levels. There is risk here but, the rewards are too big to ignore. I am long here and at the current price, imo, it’s a bargain.
Difficult at the moment with oil and LNG price drop. I don’t personally see much more downside as all the recent bad news seems to have been absorbed and reflected in the SP. I’ll be topping up next week and waiting for good news regarding northern wells appraisal and then the start of third party gas treatment through the facility that will produce a tidy revenue stream.
How far this has fallen. 2 years ago I sold at 520 and made a huge profit. I’m now back in but my average is s bit higher than I’d like but, the news out of NOG doesn’t justify this catastrophic drop. Debt has gone up yes but it’s manageable based on cash flow, production has dropped by a small amount and will recover before winter and now oil is circa $70/bbl so, revenue is greater than when were producing similar amounts at a hedged price of $49/bbl. there’s too few shares in circulation to justify short selling so, I’m left scratching my head as to what’s happening here. I’ll be topping up next week following the Q1 results, just hope it’s good news. We’ve got results of drilling program in the north to come in the next month or so, if they’re favourable this should start to recover quickly. GLA.
I was expecting anything, especially with Trump in the chair but, Jeremy Kyle parachuting in to take a massive dump on my early retirement fund was extreme left field thinking. My thoughts of Tony Blair strangling Jeremy Corbyn in a celebrity death match don’t seem so surreal now. Fk it Dude, lets go bowling.
I don’t think Liberty will be in a position to show their hand until the EU anti trust investigators have given the green light for the asset sale to Vodafone. If they wish to buy ITV outright they’ll need every penny from the sale to Vodafone and the Swiss assets and probably a bit in reserve to cover potential bidding war or, they could try to join the BritBox venture by offering the service on Virgin media bundle on a 3 way investment venture? Worth discussing this option as it would allow autonomy for ITV and BBC but give them unlimited access to a vast catalogue without having to spend 10 billion +. ITV did say there was scope for others to join the service.
If this pile Shiite ever reaches 2000p I’ll eat a hat, not my hat as I don’t own one, unless you class a crash helmet as a hat but, that would be impossible to eat hence this share won’t amount to anything more than a massive loss to those who’ve been here for what seems like forever. Good luck to all those who bought in after the wipe out.
NigeCo, I can’t see why there would be any need for regulatory approval, they’re already streaming BritBox in the states with 500,000 subscribers on Amazon Prime @ $6.99. If they’re collaborating over there what difference would it be over here? I know BritBox is a late arrival to the party but, being late means they can learn from others successes and failures. Imo with the right backing this venture could be a serious disrupter particularly in the English speaking world. I just hope it happens sooner rather than years down the line.
NigeCo
I would have thought that any potential acquirer of ITV would want to make a move before ITV gets into bed with the BBC with Britbox.
Imo, the BritBox deal is signed and just needs to be sealed. Any buyer would be wise to accept and encourage collaboration with the BBC as it will give them access to their content library which is colossal and stacked with some outstanding material from Attenborough to Dads Army.
And expected to drop with the market. Divi covered into the future so a good earner. My interest was pricked by the mention of both Netflix and Amazon buying content. These 2 won’t want to keep buying from a company that is on the radar of potential rivals in the media and entertainment space. Any approach from a potential buyer could set off a chain reaction of rival bids. I too have reservations about the BritBox tie up muddying the water but, ITV is a listed company so being owned by another listed company shouldn’t cause concern amongst BBC trustees or competition commission. Well worth a punt at these prices, just need it to stay this low until ISA resets. GLA
Will come of this share. It’s blanketed in subterfuge, managed by pigs and riddled with parasites. And to the bloke who told me that this share was a multi bagger all those years ago, I hope your next Shiite’s a hedge hog.
Looks like Liberty will be concentrating on assets closer to home.
NEW YORK/FRANKFURT (Reuters) - Liberty Latin America Ltd (LILA.O), a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA TIGOsdb.ST with an acquisition offer, Millicom said on Monday.
I very much doubt this share will achieve anything like £15. I’d be happy with my money back but, I’m resigned to a massive loss and will be surprised if it sells for anything more than £5/share, if it sells at all. I’m still expecting to have the carpet pulled from under my feet through some breakdown in relations between the KRG/MNR and GKP. I truly hope I’m proved wrong but, after the years of false starts and utter disasters, I can’t think anything but the worst.
All the best.
The leave campaign are touting this huge trade deal with the USA but, if that has to be under WTO rules until we get a firm trade deal there will be issues....Trump wants to leave the WTO as they don’t play by his rules. We’ll end up with a huge deficit with US, just like the old days.
Has gone surprisingly quiet in the commons. Could it be that his investment fund has seen the bottom of the market and is ready to pile into those stocks so distressed by this shambolic Brexit negotiation? He’ll clean up on the rally and will be the toast of the investors, who are probably old chums from Eton. Imo, this crash has been engineered from the start, by those who stand to make massive financial gain at the expense of those with little or no leverage in the system. Follow the money and find the truth.