focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Read the new development plan being implemented for housing roads etc all for the big push for oil in North East Scotland imo. https://www.highland.gov.uk/info/178/local_and_statutory_development_plans/202/inner_moray_firth_local_development_plan
The next big push is north east of Scotland oil, these 9000 jobs the most will be in that area Moray Firth area.
https://www.oilandgasvisionjobs.com/news-item/9-000-new-oil-and-gas-jobs-due-as-decline-arrested
Anyone good at figures work out how much this will be:
To exercise the back-in right, Lundin must (1) spend an amount equal to 2.5 times the aggregate expenditures made by GoldQuest on the Toral Project and (2) pay an amount in cash equal to 51% of the value of the shares issued by GoldQuest under the agreement
I looked over some old posts today as I remembered someone posting about this before.
djwall1s posted the following: #EUZ Europa Metals, city contacts JV deal with Lundin and GoldQuest drilling complete at over 1 Million tonnes of lead and zinc Lundin increase to 65% complete the feasibility study on the Toral Project?"
Bricks put this link up after his post saying this is where it came from: https://www.goldquestcorp.com/index.php/news/archive/170-goldquest-acquires-spanish-lead-zinc-silver-project
I think this latest drilling and wedge is for the Copper. And I would guess we will be progressing towards a Feasibility Study. If you read this drilling report from 2018 I think it gives some clues to this latest drilling round in my opinion. https://bit.ly/2uV5EfP
That is the question which one to buy more in, I think it is crazy cheap here now but also Baron Oil as it has only a 1 million market cap, I am invested in a number of shares but these two are my oil ones. This must be the bottom here now surely.
I am invested here and in Baron Oil but I can't understand how one has a market cap of 4 million and the other with more assets only 1 million, AIM does not make sense, companies are valued via sentiment and not the assets they have for some reason.
Of course not everything is in place but that is why we are at a shell company market cap, none of this companies assets are priced in, the SundaGas assets alone should have this at a 4m mc and think about the others as a punt, we dont know what other discussions and other assets are being considered. I am happy to buy more as this level and hold, should that be a few years so be it, to many with no patience and expecting news every other day and selling stock way to cheap, I am hoping this will come good and that is why I am holding, I am not asking others to do that, if I did not think the company had a future I would sell and move on.
This IPO may add a bit of interest should be in place this year.
https://www.offshoreenergytoday.com/corallian-preparing-for-ipo-and-farm-out-of-two-north-sea-prospects/
A number of licensing round road shows are being run, London was Dec 2019, Houston Texas Feb 2020 and Timor Leste later in the year all part sponsored by SundGas. This is Timor-Leste's first ever onshore and its second offshore licensing round. 18 blocks are available. https://bit.ly/2uPQMzi
We have a market cap of 1 million the same as some shell companies, we have no dept and some money in the bank and a lot of assets, if a 1 million shell company released an RNS saying it had bough into the assets we have it would fly.
I thought we did not need to fund until the project ramps up later?
http://www.tatoli.tl/en/2019/11/09/singapore-firm-takes-lead-in-new-timor-sea-gas-field/
2 years ago someone put together information which valued the TORAL in the ground metal resource combined at $3.285 billion.
Zinc $2.01 billion
Lead $1.08 billion
Silver $195 million
Only provided for historic information only and not investment advice, dyor