Member Info for trillsg

Don't like to be negative but yes the sp is depressing Sorb and articles like that don't cheer me up. Just keep believing a Lithium producing mine will not have an sp at this level so keep holding and hoping.

Totally agree ARahim but this is no ethical share considering where we're mining. My concern was will there be the demand for Lithium if the carbon battery option comes into play?

https://oilprice.com/Energy/Energy-General/Tech-Breakthrough-Could-Help-Slumping-Electric-Car-Sales.html

Any thoughts? Hopefully years off being viable and are reliably informed carbon burns so not ideal for running cars.

Anyone else want to take a stab at what we'll get for ED, with some logic behind their value? Not a competition to see who's closest just interested.

You're right IAMS. I was hoping by only using £250,000 that might cover it though. The lure of another 16 producing wells must be worth at least a further £10 million IMO. £25mill to own an asset which after 60 months could be returning what £100,000 p/m? £500,000 for all 24? Not a bad investment at all. We've done the risky part by funding it's find.

Regarding Kansas, if we received cash for it with an agreement that X amount is reserved for our needs, free of charge, that wouldn't be such a bad deal either IMO.

WARNING: I've written this twice now due to it not posting so highly recommend copying your posts to resubmit if necessary.

What am I on about?(tired) The percentage royalties quoted are irrelevant as the purchase price is based on present monthly revenue. To be cautious £250,000 x 60(as we are shopping) = £15 million
Without factoring in the potential revenue for additional wells.

Very quiet on here today, have these figures gob smacked everyone? lol

The rules of Maths have changed since my last post. Make that.

£6,000,000

As the article quotes potential returns of 12-30% I calculated a return on 20 months at £300,000 = £4.5mill.
Is that unreasonable?

If our 7.5% interest is classed as a royalty, this article on purchasing them is interesting. The $5.4mill we received is irrelevant I guess?

One of the first things you should inquire about carefully, is if they are shopping this royalty to anyone else. If no, you can buy it cheaper, likely 30-40 months production (30x their monthly royalty check). If they are wise and are shopping it, they will be looking towards 60-70 months production.

https://blackbearddata.com/royalty-buying-101/how-to-buy-oil-and-gas-royalties-the-6-step-process

This wouldn't factor in the potential for the additional wells.

C&C, these figures might help towards valuing our ED wells.

At East Denver, Zoetic has also received a US$58.5mln commitment from a US oil and gas-focused private equity group to support an expansion of up to 24 wells at the site.

The East Denver project has an NPV10 range for six wells of between US$23.3mln to US$30.1mln. An estimate for the full 24 wells sees this estimate increase to between US$96.6mln to US$124.5mln.

https://www.proactiveinvestors.co.uk/companies/news/219997/zoetics-international-makes-rapid-progress-with-new-cbd-operation-219997.html

one of the top CBD companies in the UK to invest in.

https://www.google.co.uk/amp/s/www.ig.com/en/news-and-trade-ideas/uk-cannabis-shares-companies-regulation-190918.amp

ED's value has risen today and more expected. At what price do True Oil open up the chokes and maybe even drill those additional well? $70, $80....? Even If Zoetic does sell it it's going to be worth a lot more.

Nick said they might keep ED if there was a spike in POO.

CHRISTYAN MALEK, JP MORGAN
“I’d expect a $3-$5 move in oil prices in the short term. The market has been sleep-walking in risk premium in the region, disproportionately focusing on risk to demand growth and shale oil supply.”

“This attack introduces a new, irreversible risk premium into the market.”

Expects oil to rise to $80-90 a barrel over the next three-six months as the market turns its focus to geopolitics.

reuters.com/article/us-saudi-aramco-attacks-oilprice-analyst/analyst-view-saudi-attacks-raise-specter-of-oil-at-100-barrel-idUSKBN1W00BQ?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

As asaiaka pointed out. 150 exhibitors and only one UK CBD listed company there. If investors what to be in the sector now and support it’s Uk growth it’s us or nobody. Show them what we’ve got Zoetic.

Yes very disappointing they didn't blow the lot within a fortnight Spear. Brewster would have.

No. Other than holding shares in Zoetic he has nothing to do with the company now. Paperwork on many forms need updating.

Second time a first time poster has asked this in a week. How bizarre.

It stands for Brent.

They've also got
Highlands Helium Development Limited (2014)
Highlands Montana Corporation
Zoetic
Highlands Water Resources

All set up when the assets were purchased. Subsidiaries set to circumnavigate taxes if one fails or likewise succeeds(move profit or losses)

Nick waived his right to a wage increase( If I remember rightly he'd have gone from £120,000 to £417,000)
Some would have took it then bought shares.
Some would have took it and not bought shares.

Very few would have not took it and invested with their own money. I like our new CEO.

600,000 shares now.

I can’t sit back and read this b0ll0cks without responding. Don’t let them grind you down Bobby. JJAL sold half his holdings and plans to buy back at 2/3p, check his posts. So far the sp has remained above his sell price. Him and the others he invested with will stop at nothing now to ensure they did right.