focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
stokey12- Not really, just that we are debating so many possibilities but we continue to drift-I honestly believe the welding line is a significant purchase and for a contractual reason, but with the failure of JW to rns the alleged £60m contract that got stopped, it leaves me wandering what is a reportable contract to JW? Hopefully it can be a question at the roadshow.
Full of eastern promise.
We could be looking at 3 possibilities.
1, AST demonstrating the value of the field, for a potential buyout by the JV.
2,They have been allowed to stimulated the well on the quiet, to demonstrate the losses incurred by not doing before.
3, A freak of nature that the well has pressurised- (VERY CONVENIENTLY).
AIMHO
BTB- That day will come soon enough :-)
But to be fair, in order to pass on "ship building skills" you need to be "building ships", so you may have something....
I'm still waiting for the announcement from the last time they said similar and that was 6 months ago.
Looks like we are continuing to climb this week, I see allign have improved there target to 35p.
That 35p is still extremely low for me, if we get 50m that's 50p (roughly) if we also get permission to stimulate the wells then the previous valuation (2019) was £125m so thats £175m or £1.75 (roughly) then there is Cuba so far unknown but potentially bigger than the Slovenia asset. That's my reasoning for holding to £1.50.