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Hi GRH..., as long term PRD shareholders, we (my wife & myself) are also holding PRD, for the full journey,....I don't post that often, but do read the board on a regular basis,....I have no one on filter, as I like to read all posters views,....I have read your posts, with interest,.....obviously, as a PRD shareholder, I hope your views, on Morocco, are correct,....if you decide to post again, I will be reading your views, on Morocco, with interest.
BW
Exactly MarketGunslinger,.....he has been developing the cash flow, which will put ZEN in a good position, to progress Tilapia or Benin ( https://www.londonstockexchange.com/news-article/ZEN/offer-for-seme-field-in-benin/15640017 ) forward,....both have Oil in place, as you highlight.
BW
The 17th, would make a nice birthday present ("Assuming Italy pay up in December"), Lenbeary,.....if they do pay up, in December, with RKH having 582m shares in issue,.....a net amount of £165m payable to RKH, would be approx 28p per share cash, adding a further 7p placing price to that, would give an s/p@35p approx,.....then we have the potential upside, of Sea Lion development to look forward to, along with the rest of their acreage,.....I'm looking forward to the journey.
BW
We don't hold any gold or silver, bonker99,.....if we did, it wouldn't be -"Unallocated Gold"- ( https://www.bullionvault.co.uk/gold-guide/unallocated-gold ),....it would have to be -"Allocated Gold"- ,......instead, we hold a portfolio of Detached Houses & Terrace Houses (double figures), along with an investment, in a land position.
BW
Oil (Brent Crude US$84.06) being lower, should help,....the short term Gold Price ( https://youtu.be/U8GewOQzGug ), does not bother me,....having a very supportive bank, whilst HUM build the Kouroussa Gold Mine to first pour, is the good news I'm looking for, at this stage,....with the Fed shrinking its balance sheet ( https://www.bankrate.com/banking/federal-reserve/how-shrinking-fed-balance-sheet-impacts-your-finances/ ).
BW
tonynorstrom1,....from 25:30 into clip ( https://youtu.be/dXDiKBhQSAo ), the guidance given is, debt free, with Serenity appraisal well fully financed,.....if Serenity appraisal well successful, EOG s/p should be very much higher than at present,(IMO),....should further Funds need be raised, at that point in time, it would be at a much higher EOG s/p level, (IMO).
BW
Afternoon bonker99,....now Pasofino, have completed their Feasibility Study ("FS"), on Dugbe Gold Project, earning their 49% after eighteen months work & US$32m invested (from memory),....it will be interesting to see, how the Dugbe Gold Project, is progressed,....HUM with a Market Cap of £28m,....HUM retaining 51% of the Dugbe Gold Project ( https://www.hummingbirdresources.co.uk/operations-projects/liberia/#dugbe-gold-project ).
Not many months, to first pour on our second Gold Mine ( Kouroussa Gold Mine),.....it will be interesting to see, what the blended all In sustaining cost (“AISC”), is across the Yanfolila Gold Mine & Kouroussa Gold Mine.
BW
In the Proactive One2One Investor Forum - July 6th 2022 , from 26:43 into clip ( https://youtu.be/dXDiKBhQSAo ), a question on finance was discussed, the comment, -"so your safe"-, left me with the thought, that no further placing would be required, in the near future.
BW
The low grades, manipulated gold price ( https://youtu.be/fdT0BvPafws ), all reflected, in the current HUM s/p@7p levels, (IMO),....I'm watching for the ASIC to gradually improve, as we run up to first pour, early next year,....been loading back up, in this s/p@7p range myself.
BW
More coal being burnt, ( https://twitter.com/consumersfirst/status/1572617248661020672?s=21&t=-ve9cIbo_d_9P-UPhf13ZQ ),....the greens demonizing, of oil & gas, not having the desired results.
BW
That explains, why they are plugging & abandoning the well, ( https://youtu.be/86i_-EGWHBI ),.....an appraisal well, with a 50% chance of successfully increasing the existing oil discovery (of which, EOG have 25%),.....that can still be developed, if Serenity fails,....that's my understanding, of the guidance given.
BW
Yes, it's getting a lot more interesting, here at EOG, of late,....as you indicate, a good drill result, should put the spotlight, on those broker note s/p targets.
BW
Thanks for that information ( http://clients2.weblink.com.au/news/pdf_1%5C02566086.pdf ), Spike66.
Been holding a GBP shareholding, for quite some time, myself.
BW
Another very good interview, ( https://youtu.be/WYx9MV6wRv4 ),...not one, but two, potential company makers,.....good to see him, taking the Irish gas situation to task.
BW
Directors Buys ("HUM Directors Deals",show above);-
31-Jan-22, Thomas Hill bought 50,000 HUM shares s/p@10.80p,.....by my calculations, that's an increase of 24% approx, to 258,235 HUM shares held.
03-Feb-22, Daniel E. Betts bought 185,000 HUM shares s/p@13.23p,.....by my calculations, that's an increase of 3.54% approx, to 5,419,149 HUM shares held.
I have just found, the "Hummingbird Resources Reserves & Resources Statements Webinar" dated Jul 5, 2022,....it would appear, that not many have found it, with only 59 views recorded: https://youtu.be/R92iRgy7KmY
BW
Hawaii, that sounds nice, Bigred7,.....I try to go to free shareholding positions ( Core, held in our two ISA's), when possible,....then trade the position in our trading account, without messing up the overall free position,.....at present, we have a six figure Core RKH shareholding,......we are also holding RKH in our trading account, along with the warrants, (I have no intention of exercising the warrants, at this stage).
BW
Correction,....Just checked back, on my previous calculations, s/p@£1-52p, would give a Market Cap of £884m approx,....which allowing for dilution, is about RKH previous high, of s/p@£5+,......my memory, let me down a little bit there.
BW
By my calculations, an s/p@£1-65p, would give a Market Cap of £960m approx,....which, allowing for dilution, is about RKH previous high, of s/p@£5+, from memory,....that, was on sea lion oil discovery alone,....now, RKH have in addition, all of the old DES & FOGL acreage,....once sea lion development underway, & monies received from the arbitration,...I am also expecting, a substantial rise, in the Market Cap.
BW