Thanks for posting interview link ( https://youtu.be/GcTqdqTaVrE ), bobbybee,....some very good points made in favor of Inishkea potential benefits, can't see any points against exploring Inishkea potential benefits, when looking at the other options mentioned in interview.
Agree, nothing in share price for Inishkea potential (IMO),....I would retain our current EOG shareholdings at this Market Cap level, without the Inishkea prospect.
BW
Yes, good news at EOG,....Corrib being one of the reasons, we hold shareholdings in both PRD & EOG.
With Morocco, what I'm keenly waiting to hear, is an update on the mud:
"The high potassium content of this unexpected geological formation potentially is an issue for the
silicate-based drilling mud used"
Source: https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2023/01/Drilling-Update-MOU-2-01-February-2023-final-29012023.2317pm.pdf (page 7).
BW
That's good to see ( https://www.europaoil.com/wp-content/uploads/2023/03/EOG-Irish-Licence-Emissions-Report-070323.pdf ),.....will also continue holding.
BW
Been holding Strong & Long, for quite awhile myself......when looking at the latest January 2023 Darwin Discovery Investor Presentation ( https://www.bordersandsouthern.com/media/pdf/Darwin%20Update%20January%202023.pdf ),.....I agree, there is the potential for BOR Market Cap to rise many multiples, (IMO),......as it says on page 11;-
"Significant Upside
Potential"
BW
With BOR current Market Cap of £19m approx, there is a lot on offer,.....with the potential upside here at BOR, we will be holding our BOR shareholdings indefinitely (having top sliced, to virtually free BOR shareholdings),.....BOR just need to get that farm out.
BW
I remember the waxy oil (RKH 2010, from memory),.....I bought our RKH shareholdings back for the arbitration result, which has turned out rather well so far (second bite of the cherry),....having recently shortlisted two of our shareholdings, PRD & RKH for increasing, your mention of RKH caught my eye,....having listened to the interview ( https://youtu.be/7xbTMWdGHtQ ) a couple of more times, noting the comment on 240 meters of seal (from 35:30 into interview link above), along with the fact, that our RKH shareholdings are considerably larger than our PRD shareholdings,.....yesterday, reflecting further on the seal comments, led to me increasing our PRD shareholdings, out of the two (PRD & RKH) I have shortlisted.
BW
Thanks PortStanley & fecm,....with our Market Cap of £57m, I'm patiently awaiting the enforcement of the arbitration award, the interest will start to build nicely, the longer it takes,....your Navitas comments, are encouraging.
BW
Hi brezhnef,...Inishkea prospect is well & truly in the spot light now,.....if we get a (Inishkea prospect) farm out by the end of this year, with a full carry on a well,.....looking at wressle oil field etc,.....with our Market Cap of just £12m, there is a lot of potential upside on offer here at EOG,(IMO),....as you say, "Hopefully a drill in 2024",.....the only reasons, I have not increased our EOG shareholdings, on the Inishkea prospect guidance given, is:
(1) We already hold good size (% of our portfolio's) EOG shareholdings.
(2) I'm unclear on the time line, when further Funds (Placing) may be required, for future investments.
BW
Thanks for posting interview link ( https://www.youtube.com/live/f7pCYkQwWlo?feature=share ), chasrutledge,.....that's very encouraging (the Inishkea prospect in FEL 4/19 in the Slyne basin and near the Corrib gasfield) guidance given on Ireland,.....the, Inishkea prospect, is the main reason I have been quietly holding our EOG shareholdings,.....hope we get the Inishkea prospect farmed out, before any further dilution.
BW
The last quarter & guidance given on the start of this quarter at YAN, is what I wanted to see,.....YAN turnaround, combined, with the recent fund raise, gave me the confidence to increase our HUM shareholdings, ChirpyCheep,....looking forward to the second half of 2023 & the coming years,.....I'm certainly not looking in the rear view mirror, at this stage.
BW
Interview links:
https://www.hummingbirdresources.co.uk/
https://www.**********.co.uk/articles/hummingbird-resources-discuss-their-latest-strategic-investment-and-what-to-expect-in-2023-177c239/
After the Strategic Investment, Issue of Equity & TVR dated 07 February 2023, I decided to increase our HUM shareholdings,....started increasing on 10/02/2023 (s/p@7.37p), then further increasing on 24/02/2023 after listening to above interview, these two tranches have been bought at a Gross Average s/p@7.76161p,.....this has increased our HUM shareholdings by 34%, once I have taken up our Full Open Offer (s/p@7.79p) entitlement, I will have increased our HUM shareholdings by just over 40%,.....as I have said in a previous post, I don't like dilution, but in this case, I can live with it.
BW
There are a couple of points in the RNS, that caught my eye;-
"A 50:50 joint venture company to be formed on completion of due diligence covering the exclusive rights to the marketing, testing and deployment of the NCX DLE technology in Bolivia."
&
"we have worked to reduce water use by 95%"
Source: https://polaris.brighterir.com/public/clontarf_energy/news/rns/story/xely6zr
BW
That's mainly (Ghana Ratification), what we have been holding our CLON & PET shareholdings for,....this Bolivia lithium news, is most encouraging,....looking at those late trades, that looks like a very strong finish, (IMO).
BW
In the 16 November 2022 RNS it shows;-
11. Additional Information
Ruffer LLP now controls the voting rights over 42,099,803 shares (10.692718% of the voting rights) of Hummingbird Resources Plc which are held by the discretionary clients of Ruffer LLP and its subsidiaries (the voting of which is all controlled by Ruffer LLP).This change from 11% to 10% is due to the sale of 1,512,500 shares on 15th November 2022.
In the 15 February 2023 RNS it shows;-
11. Additional Information
Ruffer LLP now controls the voting rights over 20,707,863 shares (4.543453% of the voting rights) of Hummingbird Resources Plc which are held by the discretionary clients of Ruffer LLP and its subsidiaries (the voting of which is all controlled by Ruffer LLP).This change from above 5% to less than 5% is due to the change in number of shares in issue and sale of 138,995 shares on 13th February 2023
Looking at the size (sale of 138,995 shares on 13th February 2023) of the latest sale, iWantThatOne,....looks like they have been selling down steadily, since the RNS dated 16 November 2022, (IMO).
BW
Thanks for posting interview link( https://www.proactiveinvestors.co.uk/companies/news/1006264/clontarf-energy-pursuing-lithium-joint-venture-in-bolivia-1006264.html ),Troajan,.....with the new NCX processing technology, it sounds like the water requirement, will be reduced by up to 95%, when reading the RNS,.....looking good, (IMO).
BW
Thanks for posting link ( https://wp-hummingbirdresources-2020.s3.eu-west-2.amazonaws.com/media/2023/02/2023-Indaba-and-121-Investor-Conference-Corporate-Update-Final-1.pdf ), Agricore,....the AISC target ("Targeting Group Wide AISC Profile of c.US$1,200 by 2024"), also caught my eye, when reading through.
BW