Member Info for TrekMadone

Agreed I just sold at evens. Doesn’t matter what I think market thinks otherwise now!

Can always buy back even at higher so for more clarity.

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Trek

Don’t see why coho was played down. 1333 boe/d equivalent is not to be snubbed at! May not too long off now. And paperwork completed at last!

Royston has teething problems but they look to be surmountable! One for the oilies here that one!

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Trek

“Monster second half”

Nice.

Notice how this tried to pull away Friday (140) before being pegged back (125) by worldly horrendous news.

Peeps will get this soon. Lots of punters have learnt from covid testers of potential income from scalable sales. These are similar albeit on a smaller scale but it’s still a volume intensive business with a decent moat due to the proprietary databank and 80 odd % profit per test going forward!

Once that £5m lands on the finals the market will believe!

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Trek

Tommy,

They don’t have to make a bid. There can be exceptions. Then they need to get through vote.

“ Acquiring 30% or more of total voting rights

The City Code prevents bidders acquiring an interest in shares which results in the bidder holding 30% or more of the total voting rights in the target. However, there are exceptions to this rule which permit acquisitions in the following situations:……’

Have a read….

https://www.burges-salmon.com/news-and-insight/publications/guide-to-public-takeovers-in-the-uk#stakebuilding

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Trek

Here you go…

Looks like row doesn’t want anything that’s come through Russia. Caml could get caught up….

https://eurasianet.org/kazakhstan-redirecting-import-export-from-russia-to-latvia

Stress that’s my opinion. Not fact.

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Trek

Hi Genghis15,

I know people shouldn’t use BB’s as a sole use of data but your shared research around the export route was something I had overlooked.

Even though sales are at the ‘pit’ I still see the export as a risk as most contracts contain a force majure element. There is also the risk of incorrect decisions at borders and any route through Russian could see goods impounded.

These are now unknowns rightly or wrongly.

I don’t think there will be a souring of relations between uk and Kazakhstan though as the country is really moving forward.

But I exited my position here Friday, fortunately before the drop and with a small profit. There are other commodity safer small cap plays atm.

I will look back in later when things settle though as as posted before CAML is in a great shape on its balance sheet.

Thank you

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Trek

Thanks for posting that a well deserved tick for some great research…….

As per text lifted the devil will be in the detail about whether first dibs applies to an asset sale as well as a JV….

“ According to Wood Mackenzie, because this deal is a corporate acquisition, NNPC has no rights to pre-empt a deal under the Joint Operating Agreement (JOA), which governs the JV, rather than ministerial consent would be the only hurdle remaining, “although nothing can be taken for granted”.

So the answer will lie in the internal agreement about what entitlement NNPC have over Exxon’s assets that are for sale and the minsters interpretation of that which will decide if we get consent. That will be in addition to the other considerations.

So from a shareholder perspective, firstly I don’t believe the deal is in the SP. Our recent rise has been on the back of POO and how the African market is being viewed as a supply to Europe in light of the war. We are trading below recent ATH’s before the deal was announced +/- 10% ish of 100p range.

Also with this being Africa little is taken for granted, in the case of SEPL we won’t see the rerate until the ink dries.

I think it was a little different with SAVE as they were suspended and the shares have caught up following the Seven deal. But again with them imo little is in the price from the RTO as they are still below ATH’s archived before the Exxon deal and both companies are financially in a much better place.

So I would buy SEPL, well I did, based on what it is now and should the Exxon deal manifest that is a huge bonus.

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Trek

Tactical buy _ armchair trader

Most of article for subscribers but still an independent buy rec

https://www.thearmchairtrader.com/seplat-energy-share-price-forecast-march/

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Trek

Absolutely not a cynical question.

For sure they will at some point need cash but imo not a sp below the last raise.

See my earlier email. I read that they are financed for the trial.

But let’s be realistic the longer it takes to get going the more pressure on funds.

I think we are fine for now, we have grants etc but imo we are as likely to get someone step in to pay as having to raise.

Growth companies list to access capital. Investors need to time their entry as best they can.

I added 50k today and have been consistently wrong on the SP here! But I only need to be right once!

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Trek

Hi Guys,

Thought I’d share. I asked about the delay to P1. Nothing confidential in here. I suggest you take it as it is…..

“ Thank you for reaching out to us via our website and asking about the status of trial and the corresponding silence on that topic.

We continue to stay in close touch with the Cancer Center at the Medical College of Wisconsin (MCW) regarding the FDA’s approval for the amended IND. In parallel, the trial team are seeking approval from the MCW IRB (they may already have it) and the clinicians are ready to go.

To make a long story short, we are anxiously waiting the start of the trial. The entire Cancer Center is very enthusiastic about this and there is much anticipation. It is especially difficult to be patient when there is such a potential to benefit brain tumor patients and their families. Unfortunately, it is always challenging to accurately predict when the USFDA will respond.

I hope this is helpful.
Sincerely,

Xxxxxxxx’

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Trek

I noticed the rise today as they are on my watchlist then saw this posted by reapz on the TRIN bb.

https://www.investorschronicle.co.uk/ideas/2022/03/03/two-slick-oil-and-gas-plays/

Trek

I like how the SeroTag discovery platform leads to ongoing partnership work!

Boom! I wish!

One day though!

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Trek

Sorry It actually says for stock lending in box 2. Difficult to read on phone.

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Trek

Liontrust selling a few. That explains the drop and probably the short GSA opened on 24 Feb!

Friends in the know hey!

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Trek

Russian investment are limited but imo they have too much exposure to China. Yes I am a holder…..

“Alain Zeitouni, head of multi-asset, EMEA at Russell Investments, said the fund manager's exposure to Russia and Ukraine was "very modest" and the firm had not made any changes so far.

British asset manager M&G (MNG.L), France's AXA Investment Managers and Swiss insurer Zurich (ZURN.S) also said their Russian holdings were limited.

However, some fund managers cautioned against making hasty decisions…….”

https://www.reuters.com/markets/funds/global-fund-managers-take-fright-russian-invasion-2022-02-24/

China….

https://www.mandg.com/dam/investments/professional-investor/shared/en/documents/insights/the-search-for-value.pdf

I do think this one is undervalued purely as it’s a new listing. As we some some numbers and more PRU growth it will revalue.

Agree averaging in sub £2 is likely a good bet but don’t be surprised if we see 180’s. I intend to hold for the divi and add on the ex divi.

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Trek

Just to add. If this is accurate which it would have been when posted, no Russian billionaires listed over 2%. So if there are any they would have bought recently, TR1, or be below the 2%.

https://www.marketscreener.com/quote/stock/CENTRAL-ASIA-METALS-PLC-6677266/company/

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Trek

I agree they will stay out. IF that’s the case this is very cheap on financial metrics not just commodity pricing.

Heading for nil debt in August 22, full of cash, low pe and good divi well covered.

The sanctions on Belarus may in itself serve as a deterrent. Also don’t rule out leaning to the East. China is a big market and these have good economic ties with China investing in the Kazakhstan economy.

I have started to build a position here and will look to add again later.

Saw this after I bought lol!

“ One of the quality metrics for Central Asia Metals is that it passes 8 of the 9 financial tests in the Piotroski F-Score. The F-Score is a world-class accounting-based checklist for finding stocks with an improving financial health trend. A good F-Score suggests that the company has strong signs of quality.

While quality is important, no-one wants to overpay for a stock, so an appealing valuation is vital too. With a weaker economy, earnings forecasts are unclear right across the market. But there are some valuation measures that can help, and one of them is the Earnings Yield.

Earnings Yield compares a company's profit with its market valuation (worked out by dividing its operating profit by its enterprise value). It gives you a total value of the stock (including its cash and debt), which makes it easier to compare different stocks. As a percentage, the higher the Earnings Yield, the better value the share.
A rule of thumb for a reasonable Earnings Yield might be 5%, and the Earnings Yield for Central Asia Metals is currently 16.5%.”

https://www.stockopedia.com/articles/why-central-asia-metals-might-be-a-mid-cap-stock-for-contrarian-investors-265991/

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Trek

Sorry link….

https://total-market-solutions.com/2022/02/lexington-gold-feb-2022/

Trek

On the recent LEX podcast the CEO quotes that he has been in touch with Oz CEO’s who have been quoted 8 week delays for assays in Oz.

I think we could have the first ones back in a week or two.

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Trek

I love the charts.

Look at our 5 year.

Connect the high 175 to 144 and it shows we were heading down to 80p support. That held.

It makes a wedge from the lows. A SP inflexion point at the toe.

Now we are knocking at 100p resistance. If we break that and close above 120ish it’s back to ATH’s of 175. Well it actually gets silly. The next wave up should go well above 200p!

It’s all voodoo I know but I am much happier that the technical downtrend is nearly broken rather than continuing!

Usual caveats

Trek