As I was speaking the MM who had the line of significant stock under 5 available has moved it up hmmmm |
It's far from certain yet wan. The next few trades will be interesting, and likewise any 10-20% gain. The Micro Cap fund which was selling always used that to offload a few more. Of course now we're in a new year it is a theory that they might have completed in 2024. |
a new ATH at BIRD anytime soon,,, now, just imagine that,, WOWZER :-)
1300/4.74 ,,, a 274 bagger,,,,, I think :-) LOL :-) |
very interesting observation jb2,,, thanx ,,, ssb, your dreams might soon come true, fingers crossed for you :-) Cheers Wan :-)
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com |
RB' I have traded IGR a couple of times. Made money out of it but today's RNS Put the cat among the pigeons !! The shareprice has been around £8/9 a few years ago. |
Thanks Wan, looking good for the move hopefully a push this afternoon. |
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com |
Lots of shooting stars the last few days. Mostly revolving around AI. Todays (QBT) is a double whammy with bitcoin and just a whiff of the letters AI.
If BIRD could summon up a RNS mentioning AI it could shoot as there are a few tentative positive signs in the share price quotes |
Good morning all, Cheers Wan :-)
appreciate you sharing your thoughts on PRD and management pogue, thanx. |
IGR never come across them before cmb some miss though. Did notice TRLS falling back to earth just. |
Thank you Mattjos for the charts very useful.
As for guessing games I learnt a long time ago to give those a miss, as they very often get it spectacularly wrong.
There's just too many variables this year.
-The price of PMs and Copper, They could reach the sky or if there's a large stock market crash, then everything gets sold off including PMs(In the short term)
-We know grades and ore at Gedabek are reducing.
-We know Gilar is coming online, but when exactly, how much ore will be forthcoming on startup? Underground mines regularly have startup issues.
-Demirli, The big unknown? no one here knows when production will start there, how's the plant refurbishment going? Issues with the TD? Grades?
-Political, as always this hangs in the background, not just for AAZ, but pretty much all miners.
However if the year goes well and to plan, I hope to see £2.50-£3 by years end. |
PRD is climbing again. There is an Investor Meet Company presentation on the 23rd so it is expected the swabbing and drilling results will be announced before then what happens to the share price after that is purely down to heads or tails. Been so many delays there that I don't know what is going to happen. Personnaly I am taking shares out first chance I get, possibly before the presentation if I get a good price. I no longer have faith in management's ability to deliver and that is a selling point on any share I hold. |
IGR has taken a big hit today. Where in Bumpa ? It would have been an ideal short !! Geez' you never know what's around the corner !! |
SPAngel $141m jbravo2 $225m michaelfenton $199m 11_percent $187m 2cmb $219m Hoorah Henry $203m Henwii $239m gutterhead $229m digger18 $180m goldrush $155m Touche $182m bleepy $249m Foetus in your brain $230m Cybernest53 $195m IamBV $257m baddeal $179m aosullivan $164m wanobi $191m Riggerbeautz $213m bozzy_s $150m Bazboa $140m mattjos $183m
@jonah :D Quality |
Good morning all
Matt'thank you for the header graph. Excellent job done there burning the late night oil ! Yes all is in the rearview mirror now. Everything to look forward to. ATB and GLA. |
![](https://images.advfn.com/static/default-user.png) OneDayRodders11 Jan '25 - 10:38 - 72371 of 72633 Edit
Further to above .. here is a very compehensive summary and investment case posted by a very respected Oil BB member ..
Mount Teide16 Jan '25 - 12:10 - 709 of 710 0 9 0 Angolan Assets - Investment Case: Like to regularly remind myself of the incredible scale, enormous development potential and size of the investment return on offer from these world class shallow water assets bought for a net $9.7 million - in one of the best second phase asset deals I've researched over the last 15-20 years.
Angola Block 3/05(30%) and 3/05A(21.33%)
Vast underdeveloped world class shallow water assets starved from mid life(for 10-15 years) of production development funds with substantial potential to replace reserves, increase recovery and commercialise nat gas emissions.
Scale of the Prize - 3.5 billion bbls oil in place ▪ 9 fields ▪ 3 undeveloped discoveries ▪ 17 installations ▪ 157 wells
Block 3/05 (30.00%) ▪ >3 billion bbls ▪ 42% Recovery to date - Target: 50% ▪ 108 mmbo 2P
Block 3/05A (21.33%) ▪ 300 million bbls ▪ 1% Recovery to date - Target: greater than 30% ▪ 33 mmbo 2C
Production Development Plan - Gross Figure ▪ 18,600 bopd - 2022 Effective Economic Date of Asset Purchase ▪ 20,180 bopd - 2023 Actual ▪ 22,701 bopd - 2024/H1 ▪ 23,500 bopd - 2025 ▪ 26,500 bopd - 2026 ▪ 31,500 bopd - 2027 ▪ 41,000 bopd - 2029
2023 $23/bbl - Opex (Target $20/bbl by 2025) $3/bbl - Capex $8/bbl - Three years investment programme to upgrade infrastructure facilities.
2023 Four Phase Production Development Programme: 2023 Onwards - Stabilise and Sustain Production @ circe 23,000 bopd Gross 2026 Onwards - Optimise Operational Wells and Infrastructure 2027 Onwards - Increase Recovery through Infill Drilling 2028 Onwards - Develop Satellite Discoveries
2024 - Work Programme Ongoing into 2025
Water Injection ▪ 33,000 bwpd in 2023 ▪ Targeting 60,000 bwpd in 2024 ▪ >150,000 bwpd long term - half current design capacity of the machinery
Field Management ▪ Uptime 87% in 2023 ▪ Targeting >90% in 2025 ▪ Comprehensive upgrades of installations
Light Well Interventions - Adding 150 bopd per intervention ▪ 40 interventions ▪ $500k per LWI ▪ Payback <8 weeks @ $75/bbl
Gas lifts - Adding 75-150 bopd per well ▪ Assessing 10 interventions ▪ $300k per activity ▪ Payback <10 weeks @ $75/bbl
Ongoing optimisation of well portfolio can deliver 5,000+ bopd Sustaining production will generate $50m p.a. @ $75/bbl cash flow at asset level
Heavy Workovers - Adding 500-700 bopd per well ▪ Assessing 10 workovers ▪ $14m per activity ▪ Payback < 2 years @ $75/bbl
ESP’s - Adding 400-500 bopd per well ▪ Assessing 20 candidates ▪ $15m per activity ▪ Payback 2-3 years @ $75/bbl
2026 - Opportunity - 2026 onwards ▪ No infill wells drilled for > 10 years ▪ Over 20 opportunities identified ▪ Initial drilling planned for 2026/2027
Multiple phases of Infill Drilling can potentially add 500-2,000 bopd per well
2027 - Satellite Discoveries ▪ Can deliver up to 10,000 bopd through phased development
Data Source: Latest Presentation + Company & Field Partner Results |
US$183m is my calc |
Jb, please put me down for -100m.Yours,Cinoib |
Thread header updated with latest Q'ly & Annual Production charts ... the Q'ly lows are clearly in and now in the rear view mirror. Time to look forward |
IQAI potentially breaking out ?
free stock charts from uk.advfn.com
November 5th 2024
As we have previously advised, the phase 1 clinical trial is nearing its conclusion. We have now commenced discussions with potential partners to provide funding for a phase 2 trial.
"We are extremely pleased with the revenue performance this year," said Trevor Brown, CEO of IQ-AI. "and we remain hopeful that revenue will continue to build as software innovations come on stream. Regarding IB003, the planning for a phase 2 trial will move to the centre of our attention which includes discussions with potential funding partners." |
$140m for me please |
thanx jb2, cheers Wan :-) |
SPAngel $141m jbravo2 $225m michaelfenton $199m 11_percent $187m 2cmb $219m Hoorah Henry $203m Henwii $239m gutterhead $229m digger18 $180m goldrush $155m Touche $182m bleepy $249m Foetus in your brain $230m Cybernest53 $195m IamBV $257m baddeal $179m aosullivan $164m wanobi $191m Riggerbeautz $213m bozzy_s $150m
A pint of champagne eh? Sounds great :D |