SDT, EGY, ASCLF, AVLIF, ICLD, SNES
too bad half of my funds are locked up in longs, did some research and found these to best suit a positive green day for longs.
SDT- lond due to oil prices rising = profit for the next quarter and trading 50% below target price
ICLD- yesterdays news runner/ im sure the shorts have this on radar, another green day
SNES- Yesterdays news runner also and same as i stated for ICLD
EGY- reported,
- Eliminated $7.0 million of outstanding debt with IFC, with cash on hand;
- Results in savings of over $0.3 million in interest over the next year;
- Began workover operations on the Avouma platform on May 17, 2018 to replace electric submersible pumps (“ESPs”) in the Avouma 2-H and South Tchibala 1-HB wells;
- Estimates net production of approximately 750 net barrels of oil per day (“BOPD”) may be restored if both workovers are successful.
AVLIF- updated report,
- +6-fold increase of the inferred resource to 3.0 Mt LCE at Cauchari at 450 mg/l Lithium
- The updated resources cover a significantly larger area and extend to greater depths in the NW and SE Sectors
- Significant potential for additional resource expansion at depth
- The brine has excellent chemistry for processing and the Mg/Li ratio averages 2.5, very similar to Orocobre's Olaroz project
- Phase III drilling is underway to upgrade this inferred resource and underlying brine to measured and indicated resources for the DFS scheduled for completion in Q2 2019
ASCJF- reported,
- Stable Q1 bareboat revenue of USD 21.6 million and backlog of secured bareboat revenue of USD 204 million with average weighted tenor of 2.3 years
- Normalized EBITDA for Q1 of USD 21.8 million
- Adjusted net profit for Q1 of USD 2.4 million
- Crude transportation volumes to the U.S. Northeast remains strong as a result of widening oil price spreads
- Accelerated scrapping of older units in parallel with charter rate recovery
- Declared Q1 dividend of USD 0.08 per share, in line with previous guidance and backed by the Company's contracted cash flow
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