Member Info for turnkey17

Too early for divi IMO and would be the wrong thing to do

Gold flying!

Baby steps ;)

But yes, i assume Yanfolila can do 0 production after 2025. That they dilute down to 20% of Dugbe and then discount at 50%. I can see 70p first half next year in more reasonable highlights

this is basic but rough for today for me. very cautiously assuming capex over next 5 years does nothing to convert resources to reserves

Yanfolila, 45m quid cash flow free to shareholders 2020, 40m 2021, 35m 2022, 30m 2021, 25m 2024
net debt last year end 31m
Dugbe 20% retained interest @ £275m NPV discounted by 50%
12% of cora is 1m

Gives value of £173m or 49 pence per share

I also own POG and SRB for disclosure

I agree. And even if HUM retain a 25% stake thats of a $340m NPV project at a $1500/oz price, so can see where the value can come from when nothing for it is priced in

I mean free cash generation from operating activities - capex

Im in as of today. TSG, AAZ, POG all rising higher but this has been a bit left behind. 45m sterling of free cash expected this year and on lower than spot gold. Barely on 2.2x fcf. This could do an AAZ

You can say that again. I own a small amount of stock here for 2 years. Like watching paint dry

And repeat. Still (!!) only on a pe of 8.2x ex cash. This must get to 10x in a scoot. Results in out in 4 weeks should be superb.

What a great day for shareholders. And an oiler that is delivering the goods on AIM. Rare!

Another rise. Still only on 7.6x pe ex cash.

Small Cap Share Watch. It's a paid monthly publication.

Even after the rise today, this is on 6.5x pe ex cash.... If you want an alternative, read the free equity development piece on mpac... very thought provoking

by a very reputable shares newsletter this weekend....5.8x pe ex cash

Yes when you look on a next year pe of 7 and 88p cash

Last night
https://hydrocarbonscentral.finance.blog/2020/01/07/2020-picks-backing-british-rockrose-cluff-hurricane

Market loves the deal and it was a great day for shareholders. Talk about sour grapes from ARCM.

This was on twitter as an encouraging rock rose summary from today https://hydrocarbonscentral.finance.blog/2020/01/07/2020-picks-backing-british-rockrose-cluff-hurricane/

You too. Taken a few more this morning. Pullback normal but chart looks good for a run to 2p on the weekly

Not at all. Just a first step. I will do a lot more afterwards but Im always interested in what owners of the stock see as the case

Just looking around at UJO. Can someone please (if theyre kind) post a 3 line investment case for this stock please? Not one I have come across before but want to look into

P.S. Don't get scared of every price movement. In a flash we're now at max ask 1.45 to buy any stock....