The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Agree scoredagainsteps,...BOR is a keeper for myself,....our BOR shareholdings sit in our two ISA's, & that is where they are staying (I top sliced to virtually free BOR shareholdings, quite some time ago),.....we are perfectly positioned here at BOR, to hold our BOR shareholdings indefinitely,.....same with our RKH shareholdings (now positioned to hold RKH indefinitely) , after recently top slicing our RKH shareholdings to free RKH shareholdings.
BW
Thanks seabright,....I also was not aware of that statement, (& I first bought PRD shares in 2018);-
“This is the best prospect I’ve ever seen in 44 years in the business and that’s because of it’s commercial attractiveness, it’s cheap drilling, it’s geology first and foremost and I think I’m in a position to say that because I’ve been involved in Libya, I’ve been involved in Argentina, I’ve been involved in Colombia, I’ve been involved in Abu Dhabi over 44 years and I have never ever seen anything where I can spend two and a half million dollars and get a TCF of gas two kilometres from a pipeline with good geology that I’m very, very comfortable with and that’s why I’m a 20 percent shareholder…this is a fantastic opportunity, it’s risk reward is unbeatable.”
BW
Barryroe Lease Undertaking Application
Initiation of Arbitration Process under the Energy Charter Treaty ("ECT")
Source: https://www.londonstockexchange.com/news-article/LOGP/initiation-of-arbitration/16017104
Having just been through a successful arbitration process (we also have RKH shareholdings),....this leaves me feeling optimist, regarding our LOGP shareholding.
BW
Agree, looking good ( https://www.londonstockexchange.com/news-article/HUM/2023-agm-statement/16019039 ).
BW
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