Lyxr $ Frn Discussion Threads

[mattybuoy] 21/10/2010 23:57

Talking about future hydrocarbon production technologies, look what made the front page of Seeking Alpha today ...



So what is THAI? To be honest I can't do it justice, so I've provided a link below to a company video discussing it. Long story short it is a technology that could make production of billions and billions of additional barrels of oil possible, oil that is currently worthless. Your guess is as good as mine when it comes to valuing this, but if it works the number certainly starts with a capital B.

The video is great -

[mattybuoy] 21/10/2010 21:31

Yes I wouldn't be surprised to see an attempted cheap takeover of AFC by Mr Bond. He wants it all, and is really pushing the green angle. In fact I sometimes think he might even actually believe in it.

Linc is still very cheap indeed for what it might become. It has a negative EV if you include the NPV of the Adani royalty as "cash", and there will be more cash soon from further coal sales, along with a near-term possibility of highly profitable conventional gas production in Alaska.

For this price of less than zero you get enough coal to make at least 100bn barrels of liquid fuel, plus who knows what optionality on the trillions of tonnes ("barrels") of unclaimed deep stranded coal around the world. If or when the day should ever come when the market values UCG->GTL in oil equivalence terms what will that be worth? It breaks the calculator ...

Sorry for the Aussie intrusion again folks :-)

[holism] 21/10/2010 21:18

Matty I missed out a bit on Link but I reckon Bond will be topping up which could be dangerous for AFC shareholders.

[mattybuoy] 21/10/2010 15:53

H,

I never was in AFC, but do have Linc. Where else can you buy 100bn barrels of oil for nothing? The fuel cell thing is just icing on the cake compared to that.

AFC does seem to be doing OK without me though ;-)

[holism] 21/10/2010 15:24

matty are you still invested in AFC? IF.... could be a very big story.There really is very little else on the horizon in its space.

[holism] 21/10/2010 15:20

Here is a seldom used one!!

[jonno1] 21/10/2010 14:07

ACG being taken to the woodshed yet again, what a pig

[mattybuoy] 21/10/2010 14:06

Where's your Aussie thread?

[andy] 21/10/2010 12:49

matty,

Excellent post, I will add them to my Aussie thread when I have time.

I had heard

[mattybuoy] 20/10/2010 23:07

Warning! Aussie intrusion ...

Would you like to own part of what might become Britain's biggest metals mine? If so then take a look at the below:



Wolf Minerals is looking to develop one the world's largest tungsten deposits - Hemerdon Ball in Cornwall - and is making good progress. A DFS is due before the end of the year to be followed (hopefully) by the raising of around $100m in order to actually build the mine.

That is not a lot of capex by today's standards, and personally I believe that they may be to able pull it off at a decent debt/equity ratio by dint of securing off-takes prior to the financing.

The tungsten resource is low-grade, but at over 200m tonnes is very large. The pre-feasilibity numbers stack well up very well at current tungsten prices.

Note: Tungsten is yet another metal undergoing a "China produces it all and is reducing exports" type scenario.

What is attractive is the low market cap, around $25m. Contrast this with the projected NPVs from the PFS which started at about $175m IIRC.

Even better, there are some options available (ticker WLFO), which have only just arrived on the market and IMO represent good value. The strike price is 23.5c with expiry at end September 2012 (when the mine should in theory be in production). With the ordinary shares trading at 25-30c and the yet to trade options indicating somewhere between 5-10c you can get a lot of leverage for your money. There is very little time value premium.

Disclaimer: I have some of these. DYOR

[cagey76] 20/10/2010 19:41

Yep, good day for CAY, and GWG looking good with another day of big volume.

[mattybuoy] 20/10/2010 18:51

CAY finally catching some wind today, while DBL is unsurprisingly in the tank.

[liquid millionaire] 20/10/2010 14:00

For those following strongly performing Canadian TSX listed [ISAble] Gold play Lydian International ticker LYD might be interested in listening to the clip on BNN [less than a minute in]



Magnus9 - 20 Oct'10 - 13:38 - 197 of 197


Hi, seems pretty quiet here!

While trawling for prospective gold companies I saw the following clip on BNN the other day (18.10.10). Thought it worth a mention.

Rick Rule of Global Resource Investments "tips" Lydian and sees it as a takeover target.

[cagey76] 20/10/2010 13:58

I was hoping that MER might have gone up on the back of yesterdays report.

[mattybuoy] 19/10/2010 22:18

Oh yes, I forgot. Also from today.

Continental Nickel boringly finds yet more huge swathes of nickel mineralisation.



This is so obviously the best greenfields nickel sulphides discovery on the planet, yet continues to mostly be ignored.

[mattybuoy] 19/10/2010 21:00

After the bell, Meritus drilling report:



It's more of the same basically, which is good.

[mattybuoy] 19/10/2010 00:00

Prophecy Resource Corp has started running.



If you remember this is the outfit who own the huge pornographic pile of coal in Mongolia I featured in a picture earlier. Well, they have now basically received the mining permit for one of their two deposits and have started to ramp up for production.

With 160m shares out, at today's close of 80c that gives you a market cap of $128m. There is essentially no reason now why this valuation shouldn't start to move up to match that of fellow Mongolian coal miner South Gobi Resources, which has a capitalisation of $1.8bn.

I hesitate to say it, but this looks like an easy 10 bagger from here over the next couple of years. No advice intended.

[andy] 18/10/2010 21:53

cagey,

Another strong day for SLI on no news.

I suspect the market is pricing in a very positive Titan 3D, we will have to wait and see...

[mattybuoy] 18/10/2010 20:53

Tell that to CAY ... :-(

P.S. TAO did exactly what I thought today. Nearly bashed through $5 ...

[goldrush] 18/10/2010 19:47

Mattyt

REE's going great guns today GWG RUU etc....Glad I topped up GWG on friday at 35.5c....looks like we are in the right place at the right time with the REE and rare metals.

[mattybuoy] 17/10/2010 22:00

A nice general read from the Sydney Morning Herald:



I've been saying this (to myself if no-one else) for ages. The emerging market industrial bootstrap and associated resources boom is only just beginning.

Hopefully it won't be too long before the market finally realises this and stops fixating on the irrelevant US economy.

[andy] 17/10/2010 11:31

Cagey,

I have reduced RGO because I wanted to utilise the funds elsewhere, it seems pointless holding funds in a moribund oiler and missing the action with gold and silver.

I'm watching the trades and volume for signals to add though, I don't want to miss it.

They are certainly trying everyone's patience with the lack of news, IMO.