Member Info for Wiseinvestor23

Highlights:



· Wireline logging successfully concluded



· Fouke 2 encountered 23 feet of excellent quality pay sand in two intervals, significantly exceeding management expectations



· The upper pay interval is 17 ft thick and located within the same reservoir horizon as the offset Fouke 1 but with a thicker, better quality (higher porosity) pay section that is located structurally higher.



· The lower pay section is 6 ft thick and situated in the Dexter interval of the Woodbine which was wet in the Fouke 1.



· Completion operations are currently underway.



Following the spud announcement on the 17th of February the Company is pleased to report that the well has now safely reached its planned TD of 6,002 ft, just below the Cretaceous Woodbine Formation.



Logs have indicated 23 ft of pay sand in two reservoir sections within the Cretaceous Woodbine sequence, the upper interval being within the same reservoir section as the offset Fouke 1 well. However, the Fouke 2 is located higher on structure and contains a reservoir interval that is both thicker and better quality than the Fouke 1. The Fouke 2 also encountered an additional pay section in the Woodbine Dexter interval which was found to be water bearing in the Fouke 1.

Production starting any day now - also news on the first of the 3 well campaign next week - I expect 2 RNSs over the coming 7 trading days

Folke 1 and 2 will be producing 6mil per annum at a conservative $70 per barrel

+ the 3 well campaign that started yesterday

A 10mil+ mcap is fair value right now, then we’re see what revenues are added after the 3 well campaign - adding a conservative 250 more barrels from the 3 wells will take us to 12mil+ revenues per annum - success at the 3 wells will lead to 8-16

We should already be 1p++ and on success at the current campaign will see 2p+

Logs have indicated 23 ft of pay sand in two reservoir sections within the Cretaceous Woodbine sequence, the upper interval being within the same reservoir section as the offset Fouke 1 well. However, the Fouke 2 is located higher on structure and contains a reservoir interval that is both thicker and better quality than the Fouke 1. The Fouke 2 also encountered an additional pay section in the Woodbine Dexter interval which was found to be water bearing in the Fouke 1.

I prefer facts from RNSs than BB posters opinions

Folke 1 and 2 will be generating ruffly 6mil per annum at $70 and 30% discount to the current oil price - + these 3 wells - 4.7 mil mcap

Some of bigger gains have been made when bad sentiment has disconnected the fundamentals from the SP

Drilling Start Up - Newly Acquired Grant East Lease - Permian Basin, West Texas

 

Nostra Terra (AIM: NTOG), the international oil & gas exploration and production company with a portfolio of production and development assets in Texas, USA, is pleased to announce the commencement of drilling operations on its new, wholly owned Grant East Lease ("the Lease") located in the Permian Basin of West Texas.

 

· 160 acres of Leases secured

· Development plan completed for up to 8 new wells

· Primary target is the Permian Age Clear Fork formation

· 3 wells being permitted

· First well to be spud in the coming days

 

The Grant East Lease is newly acquired acreage located within the Eastern Shelf of the Permian Basin of West Texas. The Lease consists of multiple units which contain a total of 160 acres, with rights to all depths. A drilling and development plan has been completed that consists of 8 well locations drilled on 20 acre/well spacing. However, some offset acreage has been developed down to 10 acre/well spacing providing for the potential of up to 16 new wells on the Lease. (Optimal spacing will be determined based upon the initial well results).

Personally I'm exited 4.5mil mcap and it seems like a company's at a major turning point while the oil prices are significantly higher and increasing the margins on the current production

Conservatively, say out of 3 wells we hit a combined 450bopd, at $70 it would be 12.5mil additional revenues per year to ntog, 900 and its 25mil per annum, if successful could lead to 8-16 more wells. These 3 wells count be a gamechanger and from the current sub 5mil mcap, i feel confident were all gonna do very well

https://twitter.com/NTOGplc/status/1519926666319085578?t=nc1ev3qrlwj9-qdVjMkw5A&s=19

Drilling will start on Tuesday next week - a oil producer expanding production through multiple funded fully funded wells shouldn’t be valued a sub 5 mil

EMH

The first of these was an update to the 2019 Preliminary Feasibility Study, highlighting significant increases in the key financial parameters of the Project, an increase in overall lithium production, and further enhancements to the ESG credentials.  The 2022 PFS Update shows an NPV8 of US$1.938B (post tax); an up-front capital cost of US$644M; and an increase in the overall annual production of battery-grade lithium hydroxide to 29,386 tpa. In addition, the post-tax IRR has increased to 36.3% (refer to the Company's ASX release dated 19 January 2022) ( PFS Update delivers outstanding results ).

The quarter was marked by continued strong progress by the Company towards finalisation of the Definitive Feasibility Study (" DFS ") together with ongoing discussions with potential offtakers for the products of the Project. From a macro perspective, prices for the Project's two key products, lithium hydroxide and tin, continued to increase significantly with lithium hydroxide prices exceeding USD 70,000/tonne and tin exceeding USD45,000/tonne during the period. These prices compare very favourably to the prices that were used in the 2022 PFS Update being USD17,000 for lithium hydroxide and USD24,000 for tin.

At the current lithium price has a 7bn+ NPV - 123mil mcap and at a $40,000 lithium price will be generating 500mil+ Profit per annum from mid 2024

123 mil mcap - will have a 1.23bn mcap in 2024 - European battery alliance has agreed that Europe will Not be able to meet net 0 by 2030 without EMHs mine coming online, they have a 500bn green budget and EMH will likely benfit for the grants in negotionations but also have multiple paths to recieving funding, including it 51% 12bn major partner - its the largest lithium mine in all of the EU - the current price is a bargin while the Ukraine situation effects European miners

Agreed - and I like that they have the scope and vision for large acquisitions with private companies described in the interview below

Withana describes Aura as a blank slate, one that makes one or several targets to become a substantial company. He says we’re talking “about 300, half a billion or higher in terms of size and market cap” and “our ambitions are to have a well traded, well covered and liquid stock.”

https://total-market-solutions.com/2022/04/aura-renewable-april-2022/

Worth listening to

https://twitter.com/EastStar_PLC/status/1509074411953008649?t=M4DNvt_40mVrhtrOE-gMBw&s=09

5000meter drilling campaign to expand on the above to start shortly

https://twitter.com/EastStar_PLC/status/1518505198813130752?t=IUMIsQpLbnYa3a_XHMEm-g&s=09

Smashes MILA for grades hit, target sizes, amount of targets and percentage held ( 80% EST 20% country’s state mining company - MILA 30% ownership )

Less than a 2 hour drive from Tesla Germany and multiple out giga factory’s and EV makers - just a matter of time for ZNWD - a fall from 29p and fully funded for the year - make the most of these already cheap prices - a giant German lithium mine in a continent that Needs lithium is a no brainier fantastic investment

Haven’t been on this board for a long time and now see it’s got 3 persons all talking nonsense to likely try get cheaper entries

The EU needs EMH producing to anywhere close to meeting net 0 by 2030 - the EU will need 800,000 tones produced per annum by 2030 - green tech isn’t clearer if it travels long distance - EMH is perfectly position to meet the demands of multiple large customers, car manufacturers and gigafactory that currently are being scrutinised for there lithium coming from Australia and China, cinovec is the closest to production than any other lithium mine in the EU and CEZ is building a FIFA factory 50 Kim’s away - all the figures quoted below and Facts - do more research before commenting, any of the most recent interviews Keith will will start FID in middle of 2022 and that customers would like to secure supply - current lithium price is $75,000+

In from 12p - sliced half at 100+ as I could see it was a little too early, reloaded when the Ukraine situation happened and now it’s a waiting game for DFS which on there 10 of November 2021 video on the website Keith states is 3/4 of the way complete, in advanced offtake discussions - $644 mil funding this year summer - DYOR iv done loads

Facts and simple maths - if you think any of the below isn’t true, then you can’t use a calculator

Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%.

· NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithiumhydroxide price of USD17,000 per tonne which is significantly less than the current price.

· Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.

· Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa lithium hydroxide increased to US$644m.

https://www.dailymetalprice.com/metalpricecharts.php?c=li&u=kg&d=240

At the current lithium price - EMH have a 8.3billion NPV and at 40,000 per tone will produce 1.17bn per annum 50,000 1.46billion per annum

$7000 AISC

DFS and Off take due to land any time - $644 million funding in june/july

https://twitter.com/EastStar_PLC/status/1509074411953008649?t=CHA7NM4YfbGL_hOLs77ziA&s=09

5000 meter drilling campaign in Q2 expanding on the above high grades and intersections

22 highly perspective large targets with many also already hitting high grade gold

20% JV with the state mining company

3.5mil+ cash - 9mil mcap

EMH is the obvious choice

Expected news flow over the coming months

DFS with revised figures based on a much higher price than the previous $17,000

Possible EU grant funding - EMH would also be the obvious choice

Off take agreements

644mil full funding

As news flow starts to arrive are previous ATHs will be broken

It’s a bot that removes posters if reported 5 times - hamm and his gang are clearly spreading lies and misinformation for there own gain and to try trade the support and resistance

Low fours is a bargain entry and production starting and further drilling has never been closer

https://twitter.com/blencoweres/status/1491346974297182208?s=21

Prices to be renegotiated in may

1491 boepd at say $70 is 38million per annum

Sub 10mil mcap

This is the bottom at ECHO are set for a great year ahead

84p finish on the ASX

$644 mil funding - 4x the Mcap

Derisking revenues at $40,000 lithium price of 1.16bn per annum

No emotions, just maths - holding for a long time, very happy and still much more to come from EMH

https://audioboom.com/posts/8028290-midweek-takeaway-with-colin-bird-executive-chairman-of-african-pioneer-lse-afp

Worth re listening to

High grade/ comericial copper already previously hit - hence the major partners

13mins in - production to start late 22/early 23

3bn mcap 15% holder

23bn mcap partner

Revenues generated will be many multiples of the current 5mil mcap

Under the IPO price and since have our 2 major partners

85p finished for EMH on the ASX

$644 mil funding in June/July

Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%.

· NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithiumhydroxide price of USD17,000 per tonne which is significantly less than the current price.

29,000 x $40,000 = 1.16bn per annum for decades

The largest lithium mine in Europe, first to produce and 4th largest in the world

85p finished for EMH on the ASX

$644 mil funding in June/July

Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%.

· NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithiumhydroxide price of USD17,000 per tonne which is significantly less than the current price.

29,000 x $40,000 = 1.16bn per annum for decades

The largest lithium mine in Europe, the first in Europe to produce and the 4th largest in the world