Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good to see:
https://www.londonstockexchange.com/news-article/PRD/ratification-of-guercif-petroleum-agreement/16448809
BW
Hi Crossthetea,...s/p@60p that would be a Market Cap of £480m approx,...with where I'm expecting the price of Gold to rise to, I would be in no hurry to accept that price, even though with our HUM Gross Average s/p buying level being mid-teens, it would give us a very good profit in our ISA's.
BW
Hi, Anth72,...We have also been here since before Darwin Discovery,....over the years, I have managed to get our Gross Average s/p levels down to nearly free BOR shareholdings ( 0.04488p),...it's about time we had some positive BOR news,...we are also still holding RKH shareholdings, which are looking good, (IMO).
BW
That's why ( https://www.londonstockexchange.com/news-article/RUA/heart-valve-leaflet-material-testing-update/16259419 ) we hold RUA shares.
BW
We first bought PRD shares in 2018, Razorman,...we were also holding CERP shares at the time,...the way I see it, that creates an opportunity, for a massive positive re-rate of the Market Cap.
Tune: https://youtu.be/PyeWRd7ZEBs?si=jWyxoVBVopnUC797
BW
Thanks for the link ( https://onepetro.org/DC/article-abstract/14/01/28/108863/Sand-Jet-Perforating-Revisited ), Kasjnaton,...I found it interesting when read in conjunction with the RNS (
https://www.londonstockexchange.com/news-article/PRD/phase-1-rigless-testing-update/16339607 ).
BW
Page 21 ( https://www.vermilionenergy.com//wp-content/uploads/2023/01/Vermilion-Energy-Corporate-Presentation-February-2024.pdf ) does make interesting reading, thanks for posting the link VernetLes.
BW
cove energy:
in 2012, following a massive gas discovery offshore mozambique, shell and pttep (a subsidiary of thailand's national energy company ptt) engaged in a prominent bidding war to acquire cove. ultimately, cove was sold for £1.2 billion (us$1.9 billion) to pttep.
£1.2 billion x 5 = £6 billion divided by 565.16m shares in issue = s/p@ £10-62p approx.
£1.2 billion x 8 = £9.6 billion divided by 565.16m shares in issue = s/p@ £16-99p approx.
prd has already come a long way, from when i first bought prd shares in 2018, after listening to this directors talk interview ( https://*************.net/interview-predator-oil-gas-holdings-positive-results-but-corrib-south-could-dwarf-everything ),... prd had a market cap of £3m approx (100m shares in issue, & i was buying around s/p@ 3p) from memory.
i'm very comfortable with the latest rns ( https://www.londonstockexchange.com/news-article/prd/extension-of-2022-star-valley-rig-101-contract/16317237 ),... looking forward to the years as we advance.
bw
Thanks for posting the interview link ( https://www.brrmedia.co.uk/broadcasts/65c2147f3fb3f51bf67d2d62/event/ ), ontarget.
BW
With GBP current Market Cap of £3.17m, that's an impressive target:
The 10-year goal, the chairman said, is to reach £200-250mn.
I will continue to hold,...thanks for posting the link ( https://www.energyvoice.com/oilandgas/africa/547094/globals-new-board-takes-aim-at-africa-and-east-med/ ), Aimtrader999.
BW
Progressing nicely, (IMO);-
· During Q4-2023, mining productivity increased and advanced towards the higher-grade regions of the Koekoe deposit. The processing plant continued to perform well and consistently operated at nameplate capacity, running on a 24-hour basis through the quarter.
· The Company has fully implemented its near-term revenue protection strategy over a portion of the Company's production for the first three quarters of FY-2024 in the order of 60,000 oz, with forward pricing and cost collars, with an average floor price of US$2,000 per oz and upside of up to US$2,150.
Source: https://www.londonstockexchange.com/news-article/HUM/q4-2023-operational-and-trading-update/16310936
BW
That's interesting, Sheephatch,...we are holding both PRD & RKH shareholdings,...at this point, our PRD shareholdings, are considerably larger than our RKH shareholdings,...I'm looking forward to the next few weeks, here at PRD.
BW
I agree with the thread heading,...Inishkea, Serenity, Wressle, etc,...EOG, with a current Market Cap of only £10.07m,...I have been increasing our EOG shareholdings, considerably, recently,...took another 250,000 EOG shares yesterday.
BW
That's interesting, jemgeee,...we have been holding our BOR shareholdings, for a very long time,...after all this time, getting a deal concluded will justify the patience,...the upside here is huge, (IMO).
BW
Agree with Malcy's blog, bobbybee,...I have just been looking at the 'Europa – Ireland Emissions Study
February 2023' ( https://www.europaoil.com/wp-content/uploads/2023/03/Ireland-Emissions-Study-Feb23.pdf ).
EOG has the well cost at $40 million on their website ( https://www.europaoil.com/operations/ireland/ ), Copper3.
Agree with what you say, donalb,...we hold both, EOG & PRD shareholdings.
BW
The two-year licence extension ( https://www.londonstockexchange.com/news-article/EOG/fel-4-19-licence-extension-approval/16307108 ), is very welcome news.
BW