hooded claw - guilty as charged!
Hex's latest tweet - showing the noise gas makes when gradually released under pressure - was a bit too reminiscent of their previous bubbling cauldron video for my liking.
As was "Adam's" gratuitous guesswork on the daily mcf generated from a part open valve. I mean what exactly's his point? We already have the figures from an independent consultant. And presumably they weren't based on a valve being half shut.
Best to stick to science IMHO. Sadly, JohnHenry didn't seem to like my attempt at humour and has now allegedly stuck me in his green filter box. I'll no doubt have to cry myself to sleep tonight. |
Lord,
Are you fighting on LSE ? You bad lad !! |
Georginaenergy [GEX]
All over social media that GEX was shorted but now that has finished and they are buying back
A big lot of buys landing guys and 11% up
This was 9.45p before the shorts attacked
🙏 |
Yep. 76p was limited to just Rudyard. I’m targeting a quid. |
Half Penny
I’m pretty sure that 76p was just looking at Rudyard. You can probably double that. |
up dated version with lyrics |
CEO stated target 76p.
Wot a great opportunity with Cash Flow Q2.
5 Million Raised above expectation of 4 Million.
Future and Opportunity is massive... |
A good grounded and calm interview, no over excitement this time, just facts. Very reassuring, thanks dreamtwister. I really do think we will see some great developments (literally 😀), this year. |
update...published 24/i/25 |
cash, yup I agree ... get to production and then with no more funding needed the company can be moved off AIM. I just think that Ingomar won't do anything to stop/stall that and can be done in conjunction :) |
Hooded Claw,Fair comments. I'm a big believer in getting to cashflow as fast as possible for pre revenue smallcaps so the spectre of continuous placings dissipates.I've just seen too many of these minnows stretch themselves thin over the years and then struggle to deliver any projects or shareholder value.If it is no financial or operational drag, then I guess worthwhile to proceed at Ingomar.Cash |
"Until Rudyard plant is commissioned and the wells drilled out and flowing to sales - I think Ingomar should be put on the back burner."
=================
Cash,
If there was a huge outlay of money/time I would agree with you but they get an outside company in to carry out the stimulation which will take a week or less and then take samples and send to lab and wait results 2 - 3 weeks. They took at extra million in the placing and are already funded for the ingomar work.
The outcome of this small outlay of funds and time could be massively rewarded. They (Bo) can't do much at Rudyard as they are awaiting PSA so it wouldn't slow down Rudyard at all IMHO
HC |
Most small resource companies never make it to production cashflow/revenue. Hex is about to achieve this in the next few months. Whilst Ingomar offers huge upside - the immediate here and now opportunity of going after cashflow via Rudyard development is the right one. This will be at a different price level come Summer and year end.Cash |
Buys coming in now after broker note increases risked valuation to 50p. |
Tipped at 26p by Jungu. |
Ah down to 15p and placing still to come. |
BigBudda,Agree, they need to get those funds in and development drilling asap. Until Rudyard plant is commissioned and the wells drilled out and flowing to sales - I think Ingomar should be put on the back burner.They need to focus on the low hanging fruit.Cash |
IF producing from three wells @ Rudyard by the end of 2025 that will be equivalent to 71p per share |
Someone posted the above on LSE chat see 76p on Rudyard alone has to be the best safest bet on aim market in 2025 |
Direct quote from the presentation,
"The results on the north actually increased the size of our, global reserves and resources from about 480,000,000 cubic feet, up to 635,000,000 cubic feet. The net revenue is $115 million to $220 million, over a 12.5 year life of field, that equates to sustained peak sustained cash flows of 15 to $25 million paid per year as profit after tax, after royalties, after Opex, CapEx and company G&A.
That would equate to post dilution, NPV per share of 76p per share, based on the value of Rudyard alone.
That doesn't include the obvious upside that we have in Ingomar. It doesn't include any M&A activity or new leases which we might acquire over the next 12 months. So this project really underlines the value of the company."
This tells us why we went UP on a placing day, cashed up, no debt, will be revenue producing within this half year, all brilliant. |
JH ... saw you mention it a while back. It was mentioned in Telegram chat and someone said they can categorically say that that is not happening. |
Blimey. Thanks for letting us know John! |
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