Member Info for welloilbeefooked

And you're now filtered

Your drivel isn't working Colonel - the sp is recovering

So why waste your time deramping it now ? Posting on a share you don't hold .... perhaps you need to get out a bit more.

Not very subtle - what's your entry point Colonel ?

Hi Bopd,
I tend to take the more optimistic view that when BM invested at 18.5p to the tune of nearly £800k he probably wasn't looking to break even.
Regardless of how we got to this point, it's hard to argue that we're not now moving in the right direction here - Brazil may be a dodgy jurisdiction to do business in but that's nothing we haven't known for decades - the government (corrupt or otherwise) has set a target to be self sufficient in fertilisers by 2020 and regardless of whether our "rock dust" is classed as a fertiliser or not, we're increasing production, storage capacity, customer base and sales staff - looks good to me and the market seems to like the news this morning.
Of course, I'm talking my own book here, in at nearly 16p and I understand that others have differing views/agendas but I think this is a great long term buy at the moment.
All the best

Things seem to be moving in the right direction to me .... :) - fully funded, expanding sales team, growing storage capacity and I quite like this bit :

"Harvest has now learned that Geociclo has sought judicial administration due to its existing liabilities base and the inability of its shareholders to provide further funding to cover these. The administration has created an opportunity for Harvest, and consequently Harvest has acquired the majority of the Geociclo sales team, some support staff and its existing client database. This allows the Company to build upon the progress the sales team made in developing new markets for KPfértil, but without having to pay commissions to Geolciclo and better develop our own brand without impacting any of our existing relationships or customers. Geociclo's research facilities are currently being relocated and once this is completed, Harvest will continue to have access to these facilities as well. The administration process has not interrupted Harvest's plans and Harvest has no ongoing strategic relationship with, or financial commitment to, Geociclo."

Hi Jonah,
What I do know is CB holds a big percentage of GLR shares so imo the potential for a conflict of interest is there for all to see.

Kalan - always found your posts on iii knowledgeable and well informed so I, for one, am very pleased to see you posting here.

GLA

I too am a iii refugee - seesawpat over there - I dread to think the amount of business iii will have lost since the website update.
Been in here for a very long time now with an average of 4.8p so not so much underwater as swimming with the fishes!
I think the upturn will come here when there's sustained cash generation and hopefully a statement to the effect of no further dilution. We need to become self financing - we've got plenty of decent projects on the go at the moment so let's concentrate on turning waste into cash and forget about seeking new deals unless they're JVs and funded by partners- aimho

Hernic Project exceeds 2 500 PGM* ounces produced in a single month during October 2018

The Hernic Project perfectly positioned to benefit from increased metal prices for Palladium and Rhodium forming part of the PGM basket

* 6 Element Platinum Group Metals

Leon Coetzer, Chief Executive Officer, says:

"It is very gratifying to see our Hernic project deliver and exceed even on its stretched design targets so early in the project's life cycle. The project has breached, for the first time, 2 500 PGM ounces produced in a single month. This strong performance continues to favour Jubilee to benefit from the strong palladium and rhodium prices which forms part of the PGM basket produced at Hernic.

The current Q4 is yet another exciting period for Jubilee with the expected commissioning of the state of the art Dilokong Fine Chrome project as well as the PlatCro PGM project.

I look forward to providing further updates to our shareholders on these exciting projects as well as the progress made at our Kabwe project. "

That's near enough for me Matte - so 202tcf = 202 x 170m = over 34 billion barrels of oil equivalent - le'ts not quibble over a measly couple of billion barrels...

Kickmuck's post mentions 18 billion boe and 202tcf of gas - i just did a little research into how to convert cubic feet of gas into barrels of oil equivalent :

6000 cubic feet of gas = 1 barrel of oil equivalent (boe)

Here goes with the 202 trillion cubic feet bit :)

202,000,000,000,000 divided by 6000 = 33,666,666,667 barrels - that's around 37 billion boe in the gas

Happy days !

ps - Shoot me down if I'm wrong

in the news this morning - knock on effect for price of platinum ?

https://www.bbc.co.uk/news/av/science-environment-45985510/are-hydrogen-trains-the-future-of-uk-travel

I'm buying in the morning.

Typical mental over-reaction to what is an unfortunate incident - Q3 production is pretty much in line with expectations so we've taken a near 30% drop on the need for some remedial work and a forthcoming production blip.

It's time to fill your boots imo

No news of any importance in that RNS - Mpotoko was and is a non starter so they've done well to get rid of it. It means we're not responsible for keeping it safe, tidy and compliant with environmental laws.

You've basically got a binary bet with ACP - it's Mahenge or bust

Hi Botak,
Agree with all of that and I'm as frustrated as anyone here - averaging 2.5p . The thing that's keeping me sane is days like today where we get confirmation that the business is growing. It may take a year or two but I think value will out eventually.
At least we can't accuse the BOD of ramping :)

GLA

Morning all,

I like the fact that they seem to be putting the emphasis that these new sales were peer generated - recommendations from professionals using TexRad to far flung colleagues who are buying in. Who says TexRad doesn't improve diagnosis now ?

* what are Enquest's all in barrel costs

What would be interesting on the 60k bopd is what Enquest's all in barrel costs ?

I've had a Good Look but can't see anything from Quisad today - maybe he's away learning to read a calendar !