The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes, agree , excellent result ( https://www.londonstockexchange.com/news-article/PRD/completion-of-mou-3-drilling-and-logging/16015188 ).
BW
That's what I have been building our HUM shareholdings for, Miner1234,....our HUM journey has only just started (we have only been HUM shareholders for 2 years approx),....all strapped in now, ready for the ride.
BW
Hi Silverfoil13,.....Yes, we have shareholdings in three that you mention (PRD, RKH, & BOR),.....at present, my main focus is on PRD,.......out of those three that you mention, I have been substantially increasing our PRD shareholdings, since 31/05/2023,.....our PRD shareholdings, are now much larger than our RKH & BOR shareholdings combined, whereas before the 31/05/2023 our PRD shareholdings were smaller than our RKH shareholdings, & also smaller than our BOR shareholdings.
I wish you good fortune, with your strategy.
BW
Thanks for posting link ( https://vimeo.com/836534810/8612e96da0 ), Serif.
BW
Interesting posts, these two comments caught my eye;-
“In MOU-1 there’s a major fault up against the reservoirs of the shallow section that has charged everything with dry gas. In MOU-2 all the faults terminate below this fantastic seal so everything should be trapped underneath the seal at our target level….clearly the gas is trapped right below this thick seal in these bright amplitude events covering over 30-40km2. That’s a fantastic opportunity”
"These graben -boundary facts are the Holy grail of petroleum prospecting."
Excellent news today ( https://www.londonstockexchange.com/news-article/PRD/interim-drilling-update-mou-3/15995848 ),....I'm encouraged by this guidance;-
"Of even greater significance is that the overpressured gas has validated shallow trap integrity and identified a clear path for the migration of deep gas into the next six targets to be evaluated by MOU-3."
BW
Excellent progress ( https://www.londonstockexchange.com/news-article/HUM/first-gold-pour-at-kouroussa-gold-mine/15992064 ),.... looking forward to the coming months.
BW
Thanks for posting link ( https://www.innovationnewsnetwork.com/ion-targeting-direct-extraction-technology-commercial-lithium-extraction/32979/ ), hornygoatweed,....found it an interesting read.
BW
Kouroussa Gold Mine Commissioning Update:
https://www.londonstockexchange.com/news-article/HUM/kouroussa-gold-mine-commissioning-update/15965476
That's the sort of update I like to read.
Extract:
Dan Betts, CEO of Hummingbird, commented:
"The commissioning phase of the Kouroussa mine is performing well and reached another important milestone with the commencement of the hot commissioning phase, ahead of the first gold pour. While commissioning of the plant continues and nears its final stages, our operations team is preparing Kouroussa to become fully operational with the intention to reach commercial and name plate production in the second half of 2023."
BW
Agree Jimmy23,....from 19:24 into presentation ( https://youtu.be/QdHMex84Utw ), the 21% COS clearly refers to mou4.
BW
Thanks colon, I saw the presentation earlier,....I found the presentation very informative, as to where we are with Morocco,.....also, I was not aware, that Shell had reserved Corrib South (from 14:02 into presentation) for drilling.
Presentation link: https://youtu.be/QdHMex84Utw
BW
Your welcome, donalb & glasgowpunter,.....yes agree, good presentation,....snap, I took a few more Thursday (s/p@1.165p), showed above as a red sell,....I've got our EOG shareholdings, Gross Average s/p levels, down into the s/p@2p range now.
BW
From 17:46 into presentation ( https://youtu.be/9P5QE00-fjw ), is what I wanted to hear,.....happy to carry on holding our EOG shareholdings, on that presentation guidance.
BW
Just been catching up, on news & new presentation:
"Namibia: a new world-class oil province", (page 3 headline).
Source: https://globalpetroleum.com.au/wp-content/uploads/2023/04/Global-Petroleum-Namibia-presentation-BEOS-conference-2023_04_25.pdf#new_tab
I found the new presentation, very encouraging.
BW
Started building our HUM shareholdings (s/p@ high 30p level), about three years ago,......made a pleasant change, to be averaging up our Gross Average s/p level, when I increased (in the s/p@16p to 17p range )our HUM shareholdings last week.
BW
That's excellent news: https://www.londonstockexchange.com/news-article/HUM/kouroussa-gold-mine-commissioning-begins/15938222
BW
Step by Step is how I see it;-
"Tribunal orders Rockhopper & Italy to mitigate the risk of non-recoupment by Italy with the anticipation of the Stay being lifted".
With interest building nicely;-
"As announced on 24 August 2022, the arbitration panel unanimously held that Italy had breached its obligations under the Energy Charter Treaty (the "Award") entitling Rockhopper to compensation of €190 million plus interest at EURIBOR + 4%, compounded annually from 29 January 2016 until time of payment (except the four-month period immediately following the date of the Award)."
Source: https://www.londonstockexchange.com/news-article/RKH/update-on-arbitration/15930295
The arbitration result, is what I originally bought back into RKH for, which is progressing nicely,.....since buying back RKH shareholdings, Sea Lion has now also progressed nicely,....back in Sea Lion discovery days, RKH got to £5+ a share before dilution, when RKH didn't have the old DES or FOGL acreages,.....I'm looking for pounds a RKH share, once Sea Lion developed.
BW
I saw the interview link earlier ( https://youtu.be/KQDVxG-H0O4 ), on PRD board,.....with "· Unrestricted cash balance at 31 January 2023: £5.1 million (31 July 2022: £1.4 million)", & Market Cap of just £11m,.....the Inishkea prospect in FEL 4/19 in the Slyne basin and near the Corrib gas field, starting to look very promising,....Wressle etc,.....the only thing, that has been stopping myself from increasing our EOG shareholdings, at these low s/p levels, is uncertainty, over what future funding might be needed, for any future Appraisal raises, such as we experienced with Serenity,......we are still deep underwater with our EOG shareholdings, hopefully Inishkea will turn that around.
BW