Member Info for wraith

Holding HUM (increased HUM shareholding, today), Troajan,....took advantage, of the pullback in gold price (using some of the Cash Funds, we have sat, in two ISA's).

BW

Additional target, in the first exploration well;-

"The NuTech analysis has identified the upper part of the interval between 1,386 and 1,413 metres TVD KB in GRF-1 as a new additional target for the first exploration well. As a result, the well will present an opportunity to evaluate the western edge of a newly interpreted Tertiary fan complex, covering an area of between 20 and 25 km². A successful drilling result would prove the geological concept and de-risk a large area hitherto regarded as being less prospective and not included in estimates of potential gas resources."

Paul Griffiths, Chief Executive of Predator, commented:

"Guercif is pivotal to the Company in terms of developing a gas business utilising the excellent infrastructure that exists in Morocco. We are ready to progress the drilling programme as soon as COVID-19 public health restrictions are eased to facilitate the recommencement of safe operations. We have used lockdown to define additional Guercif prospectivity and to review potential LNG markets suitable for FSRU penetration in those countries where management have a long history of experience and understanding. The business environment is changing, and we need to adapt to change and use this experience and understanding to maximise our business development opportunities. Post COVID-19 will require significant coordinated effort to re-build economies and natural gas will be an inevitable and pragmatic contributor to this evolutionary process, whilst providing jobs, government taxes and security of flexible energy supply necessary for inward investment."
Source: https://polaris.brighterir.com/public/predator_oil_and_gas/news/rns/story/xe753yw

Only just noticed, was unaware we had two targets,......this wretched COVID-19,.....guess we will get there eventually.

BW

That's the sort of TR1s, I like to see,....looking forward, to the coming month's news flow.

Welcome aboard Seingred.

BW

Agree aprogerson,....its the time frame, I'm looking at,...pull back in gold price was expected, I was thinking somewhere around $1,600 to 1,700 level,....how long will this pull back last for (deflation, followed by inflation),...my view is, inflation will really start to take hold, second half of 2022.

BW

Yep, just a waiting game now, RichyRich1,.....the 4 IOCG potential targets, have certainly got my interest.

BW

This is what I have spent the last two months, building a COBR shareholding for,.....just a matter of sitting back now, waiting for results,....not forgetting this, from 04 September 2020 RNS;-

"Significantly, the Company also expects to achieve its Stage 1 earn-in commitment with its JV partner Andromeda Metals Ltd (ASX:ADN) of A$2.1m shortly after the completion of the first program. This will see the Company secure it's initial 50% stake in the Wudinna Gold project."

We also have, the "Ongoing e-PEPR" & "4 IOCG targets", to look forward to,......agree, whats not to like.

BW

Read them as Buys myself,.....was surprised how little it took, to move s/p.

BW

Last month’s coup, was touched on in interview, TigerByTheTail,.....response came across as positive,......but then, I could want to see it that way, having just bought (yesterday), a HUM shareholding.

BW

Just been listening to interview ( https://www.vo%78markets.co.uk/articles/hummingbird-resources-update-john-meyer-and-glen-goodman-1d18cf0 ),.....excellent,......thanks for posting link, SGD27,.....not worried about outlook for gold myself, see short term correction (as I expected), to be within a long term upward trend, (IMO).

BW

Agree rustybucket,...shares are more liquid.

BW

Thanks for link ( https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2079-tsx-venture/vein/84311-pasofino-gold-announces-closing-of-the-previously-announced-acquisition-of-arx-resources-limited-and-closing-date-for-10-02m-bought-deal-financing.html ), kadavul.

BW

With the delay, covid-19 has caused, it's good to have this guidance, Risendshine,.....the run up to Christmas, should be interesting.

BW

Correction:
Extract:
"Placing raising £1.5 million, before expenses, through the issue of up to 1,500,000 zero coupon convertible loan notes ("CLNs") with a conversion price of 2.3p per Ordinary Share, with new and existing investors. The CLNs have a one year maturity"
Source: https://polaris.brighterir.com/public/cobra_resources/news/rns/story/w0lljlw

BW

Yes, the s/p@2.3p was the placing price, zumore;-

Extract:
"The Ordinary Shares issued on the conversion of the CLNs each have a warrant attached entitling the holder to subscribe for an additional Ordinary Share at a price of 3p (the "Warrants"). The Warrants have a life of 2 years from the date of the publication of the Prospectus are subject to accelerated mandatory exercise if the Company's 5-day volume weighted share price exceeds 4.5 pence"
Source: https://polaris.brighterir.com/public/cobra_resources/news/rns/story/w0lljlw

BW

The risk (the political situation in Mali ) was my main concern,....added HUM, to share portfolio today.

BW

Cancelled meetings, expected to occur, by the end of this year, with reference to Tano 2A Offshore Block - Ghana,......as indicated, in PET RNS, yesterday;-
Extract:
" In recent weeks the country is re-opening from lockdown so the cancelled meetings are expected to occur by year end."
Source: https://www.londonstockexchange.com/news-article/PET/interim-statement/14691818

BW

You are welcome.

BW

You have bought in, at an interesting time, Michaelfleming.....relatively new to COBR myself (been here a couple of months),....the fact that Hagstrom, has also agreed to take 33.34% of this fixed cost as equity, is encouraging.
Source: https://polaris.brighterir.com/public/cobra_resources/news/rns/story/rmoo8nx
BW

That's good to read,..
"In recent weeks the country is re-opening from lockdown so the cancelled meetings are expected to occur by year end.", with reference to Tano 2A Offshore Block - Ghana,...(I'm also holding CLON).

Also good to read (I bought PET, for their Iraq interest, before the Tamraz group, bought in July 2019),..
Future;-
"Petrel is well funded for ongoing activities. The focus is once again Iraq.".
Iraq;-
"Petrel is active once more in Iraq after a hiatus since 2010 due to political and financial instability."
Source: https://www.londonstockexchange.com/news-article/PET/interim-statement/14691818

BW

Yes, I read the 13:28:38,..3.106,...513,158 share sale, as the buyback of the 13:28:12 sale (rollover or bed & ISA).

BW