Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Just remember
Trade volume increased wed, thurs and again on Fri, could be some pressure arriving tomorrow. With what's to come its no wonder sentiment is high.
I agree Andys in the right frame of mind to take this forward quickly and with the right backers. He seems very astute and comes with contacts and experience. Lets see how it all unfolds this week.
There are plenty non equity options out their, it just depends on Andy’s ability to strike such a deal. Given the potential longevity of the project I’d personally like to see some private debt being issued in the form of a long term bond. These deals are more lucrative for investors offering solid returns on interest. My only concern would be investors may want some form of guarantee of commercial o gas before striking a deal.
I reckon a farm up may be an option they will look at too, as a small struggling nation the economics of the additional investment would reap some serious rewards for them. it is also worth noting the lack of alternatives for them too enter at this time.
all eyes are on this now, its been years in the making and Andy is allover it and the right markets like a bad rash.
Here is a link you can use to track the drill rig.
https://www.marinetraffic.com/en/ais/home/centerx:-12.0/centery:25.0/zoom:4
Not entirely sure which Valaris rig it is but perhaps someone knows?
There are quite a few.
Nothing new in the presentations doesn’t mean an RNS on a jv can’t land at any point. That in my opinion isn’t going to change what’s presented only that the financing is good to go. Timor gap may decide to farm up further?
Lots to come! I suggest people read the recent RNS along side the pdf Kylie sent round Thursday evening! It’s all systems go and although there may be nothing new sentiment and anticipation are only rising!!
Funny how quickly people change their narrative after selling!
What’s the likelihood of Andy striking some form of private debt in the form of bonds? Long term to maturity would be favourable, perhaps staged drawdowns to keep repayments lower pre production?
I don't care what anyone says that was another good day in the lead up to expected news flow, which will be rich in coming days/weeks. Have a great weekend all and watch out for news flow on TL.
HE1 traders will move in here in anticipation of big news over the weekend. Suspect we will see some news on events
Holding well any dip is scooped up straight away. Wouldn’t want to be our this over the weekend with a live conference going on!
Funny how the knobs only comment when the price suits them. No where to be seen when it’s perky
And likely next week too! Red dot Monday imo! Let’s see some fomo
Last time we weren’t anywhere near sticking a drill in the ground, we are on the cusp now! .2 will be blown to piecesa in my opinion
Not until its under placing price if im honest.Iv just purchased another 3 mil here as the mm milks the weak.
News could land as early as Monday on JV deal. ITS THAT CLOSE!
Yup its all happening not only next week but now! TL Gas conference kicked off today and BOIL are centre stage offering one of the biggest producing wells for years to come. TL Need this just as much if not more than BOIL.
Giovs you are not wrong, bid ticking up nicely again!
Nice idfk sunrise value is intrinsic to boils for sure