Member Info for zebbo

Free float is going to dry up quickly at this rate. Smart money adding with intent

Q3 looming with a couple of company makers in the pipeline

What often gets missed in calculating total value

Kveikje (Longboat 10%):

Recoverable resources between 35 and 60 mmboe gross 1). Operated by Equinor in prolific area to the north of the giant Troll field with significant infrastructure.

· Oswig (Longboat 20%):

Recoverable resources between 10 and 42 mmboe gross, based on in-place volumes of 100 to 215 mmboe and condensate/gas ratio of 110-130 bbl/mmscf.

Well flowed approximately 2.1 mmscfd of gas and 280 bpd of condensate (approximately 650 boepd in aggregate) through a 10/64-inch choke.

Lotus (Longboat 30%) is located next to Kveikje a low risk prospect, which has the potential to add significant value. Well is planned for 2024.

Whats in it for GLEN

I'm afraid to say, I will have to add if we drop today. These are rare opportunities indeed, you cannot beat contrarian trades :-)

Lets not forget we produce copper @ $1300 per ton. Copper currently at ~$8000. Food for thought

Aberdeen, are you sure ? I thought it was Canada

Try looking at company debt, you then have your answer

Most people who post on these BBs dont seem to be able to invest longer term, or have no idea what they are investing in

Examples "this looks expensive", or "Ive lost 20%" wtf are you guys smoking

Looking forward longer term, we have a very bright future. Problem is most traders struggle to see beyond the next month or so. When i say ~£2.30 that is against todays prices. I too expect the SP to be a lot highter.

Short term headwind is the US dollar and China performance. Dollar should start to unwind a little once the US debt ceiling is resolved. China growth will only slow so much before authorities look to stimulus

Look at CU / Zinc prices 5yrs out Vs CAML SP. That will give you a broad indication of where the SP should be, ie ~£2.30 (and now we are dept free). Not rocket science

Thats why high net worth individuals (TR1s) have been filling their boots

TerryMC, have you been listening to the CEO. Accretive & divi,.......Thats all I can be bothered to say. Try reading/listening to recent updates

Who really knows what the macro picture is or what it will end up being. Most companies are in the same boat. Personally think the price is being manipulated. Perhaps we are just about to acquire an asset

Not forgetting any deal will be accretive....

Hahaha, best of luck with that, could be a loooooooooooooooong wait

Well we hit Q3 in 6 short weeks. Expect the deal to be finalized early Q3, very closely followed production asset.

Then the BIG drill..........

Only need to raise £1M, thats wages sorted for the next 4 Yrs

Delivered nowt for the last 10yr, why break a habit of a lifetime (IIs & PIs owe me a living...)

Bears in control, looks like short positions are now being added....

Could we test recent lows....39 incoming

Im going to wait for IIs to start shorting first, then hope on for a ride 50 feels good but may even visit recent lows

Tin hats on if back to the lows 30s.....Ouch

50p may be worth a look ST trade only. Long term its going South with a deal

Lives in his own bubble and needs a stiff dose of reality

THG is more likely to go bust without a significant deal. TO means Jack S, clear margin/profit is required and not paper thin %

Shorts will smell blood and may look to start short selling if nothing happens soon

Steven49 - Get real.....WFT has nothing to do with CAML.

Wrong commodity wrong jurisdiction. M&S just as likely to be impacted by WFT.........