Member Info for taudelta

agree all those things factors ... but a big additional factor for this stock (and IGAS) ... is politics ... the arrival of Amber Rudd on the scene is a big plus ... I am expecting the Lancashire decisions against Cuadrilla to be reversed ... and expect EDR and IGAS to be exploring (drilling!) the Gainsborough Trough within the next 12 months ... GLA

Licences announced ... Wildmerpool Basin near Rempstone, two blocks (SK52A and SK53), these are the least interesting IMO. There are five really interesting blocks SK49/87c/88b/89e & SE41e in the Gainsborough Trough, with total highly interested in this region (50% stake) ... excellent news, GLA

letter to Sunday times said she will be writing later this week to the planning authorities ... I expect that letter (which will be open) to be tough and will help the county councils to see sense ... thanks fellow posters for drawing attention to the petition which I have signed this morning ... GLA

WLFE is a good example of the SP of a mining stock as it approaches first production. Earlier this year, was sitting on a multiple of 5x prospective full production eps, then shot up to 10X. It has since corrected a little (not enough IMO as the price of tungsten has since come down a lot). So with IRON, we all need to do our own research ... but IMO it's instructive to look at the latest presentation, which indicates full year net profits with the 15MW smelter ... adjust for the black empowerment profit share, key in £/$ and the number of shares, and applying a PE multiple gives you a potential SP next year ... DYOR, GLA...

Think there will be bits and bobs of good and bad news over next 18 months and beyond, from the conventional assets, including Wressle, Biscathorpe etc, which collectively support about half the SP ... but IMO it's quite possible that net net there won't be any major movement in the SP arising from these as some will be successes and others not. The big potential movement in SP will be from unconventional. Currently, EDR's unconventional assets are valued at about $200 per acre ... if for whatever reason, shale gas in the UK is killed off politically for the foreseeable future, there will be a big correction in the SP. If however there is progress (e.g. by the Lancashire decision against Cuadrilla being reversed on appeal), there is a lot of upside potential ... politics will be key ... at any rate, EDR is much preferable IMO to the only realistic alternative, IGAS, which has a lot of debt ... DYOR and GLA.

fat finger, wrong board, but I am also an IRON s/holder so GLA

R3 R4 will not initially be included, the now greater substance of SAVP could expand the field of interested farminees .. SAVP is now becoming a really serious player with meaningful assets ... and serious institutional following ...reminds me of HUR but with a big difference ... the much lower breakeven cost ... GLA

Otakikpo to produce very soon ... GLA

... out today ... two significant statements ... first, Otakikpo will commence production "by mid-year 2015"; secondly, the 3D shot over 80% of the whole OPL310 acreage is now complete ... after analysis this will pave the way for the promised CPR, my wild guess as to its timing would be October-ish plus or minus.. GLA

like for likes excellent, IMO down to a bit of good management plus a bit of the London economy motoring faster than even areas close by in the southeast ... looks like 6% is the new 5% as the going rate for dividend growth these days... not a really exciting total return but pretty good given the steady eddy factor ... my kids are going to inherit this, how"s that for long term perspective? (But meanwhile the divvies pay for my beer). GLA

.

Well done GozoMike, I followed you in today a little higher than you ... I woke up because the big vol today with a significant uptick signalled a change in sentiment ... agree the fundamental value is there... note also the director purchase a couple of days ago ... looking at the Afren annual report shows that for OPL310 (which includes Ogo) they intend to do a new CPR soon ... important ... as although Otakikpo provides a solid base, a good Ogo picture is needed for the SP to really motor, IMO ... GL all and as ever folks DYOR ...

ditto.. I have just topped up, you are right ... nothing fundamental has changed ... happy to have the opportunity to top up at the same price as the IIs who took Kulczyk's shares ... GLA

(Kulczyk) ought to be a she, with a name pronounced "cool chick" .. will be interesting to see the "change in significant shareholding" RNSs to see who has the confidence to build their positions ... GLA >>>

.. more excellent growth in FUM ... GLA

Can anybody recommend free web sites for tracking HPI (or pig iron) and TiO2 prices? GLA

well said ... also, isn't the Shell-BG thing a big vote for LNG? GLA

will show that even in the 160s and indeed much higher, share buybacks enhance the value of our production, development and exploration assets per share ... you (DYOR) can calculate how many shares the co could theoretically buy at this price with its huge cash pile and you may be surprised... that's all hypothetical of course but it will be interesting to see whether OPHR buys its customary 100k+ shares today ... I believe they will ... we will see.. GLA and enjoy the Shell/BG boost today! ..

ought to help sales coverage in EU, good use of some of that very large cash pile, shows TFW's leadership far from asleep on the job. (hi, shan, I'm feeling a bit nervous about Saturday with so many missing players, we will see!)

not good for SEPL ... look at BOD and their business/charitable interests, you will see a lot relating to outgoing Christian President Goodluck Jonathan, no linkage at all to the new Muslim guy. All IMO, and this is not a de-ramp, as I am not looking to buy, as I think it will take a while for the negative implications of the election to be digested by markets ... DYOR & GLA