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101-120 of 4227
looks like investors got no brainer, cos now got 6.1mil sh selling at 0.310, and only a miserlable 9.5 lots buyin.
watageolafsgxjoke, shortie control, watodo.
CoolAngler ( Date: 13-Oct-2023 12:18) Posted:
Assuming actual profit is 50% of $1b would have been $0.36 EPS... which is much higher than current share price... really no brainer to buy at current price....wahaha
kei3006 ( Date: 13-Oct-2023 11:40) Posted:
| Yes, more than $1b profit every year in 5-6 years time. And the market capitalisation now is only $400m, share price is massively undervalued. Based on 30% dividend policy, shareholders can.expect to receive at.least minimum $300 payout per year |
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Assuming actual profit is 50% of $1b would have been $0.36 EPS... which is much higher than current share price... really no brainer to buy at current price....wahaha
kei3006 ( Date: 13-Oct-2023 11:40) Posted:
Yes, more than $1b profit every year in 5-6 years time. And the market capitalisation now is only $400m, share price is massively undervalued. Based on 30% dividend policy, shareholders can.expect to receive at.least minimum $300 payout per year.
FrancisLim ( Date: 13-Oct-2023 10:51) Posted:
4. As the coal price for the type of coal TRA mine is producing is affected by the demand and supply for this grade of coal both in Indonesia and globally, could Geo Energy provide more insights on the main mines producing this grade of coal? Will there be an expansion in mining capacity for the next 5 years or a reduction in the quantity of this grade of coal as mines do not have the financial capabilities to expand in the current high interest rate environment?
Answer: The TRA Asset has 2P (Proved and Probable) reserves of around 275 million tonnes and have further upside with potential of around 388 million tonnes of Resources. Currently, the production at Triaryani is 2-3 million tonnes per annum. The Group is developing the integrated infrastructure (hauling road and jetty) to ramp-up the production of Triaryani to around 25 million tonnes in 5-6 years&rsquo time. |
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ROCK SOLID 99% voted FOR....!
Yes, more than $1b profit every year in 5-6 years time. And the market capitalisation now is only $400m, share price is massively undervalued. Based on 30% dividend policy, shareholders can.expect to receive at.least minimum $300 payout per year.
FrancisLim ( Date: 13-Oct-2023 10:51) Posted:
4. As the coal price for the type of coal TRA mine is producing is affected by the demand and supply for this grade of coal both in Indonesia and globally, could Geo Energy provide more insights on the main mines producing this grade of coal? Will there be an expansion in mining capacity for the next 5 years or a reduction in the quantity of this grade of coal as mines do not have the financial capabilities to expand in the current high interest rate environment?
Answer: The TRA Asset has 2P (Proved and Probable) reserves of around 275 million tonnes and have further upside with potential of around 388 million tonnes of Resources. Currently, the production at Triaryani is 2-3 million tonnes per annum. The Group is developing the integrated infrastructure (hauling road and jetty) to ramp-up the production of Triaryani to around 25 million tonnes in 5-6 years&rsquo time. |
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4. As the coal price for the type of coal TRA mine is producing is affected by the demand and supply for this grade of coal both in Indonesia and globally, could Geo Energy provide more insights on the main mines producing this grade of coal? Will there be an expansion in mining capacity for the next 5 years or a reduction in the quantity of this grade of coal as mines do not have the financial capabilities to expand in the current high interest rate environment?
Answer: The TRA Asset has 2P (Proved and Probable) reserves of around 275 million tonnes and have further upside with potential of around 388 million tonnes of Resources. Currently, the production at Triaryani is 2-3 million tonnes per annum. The Group is developing the integrated infrastructure (hauling road and jetty) to ramp-up the production of Triaryani to around 25 million tonnes in 5-6 years&rsquo time.
GEO 1h 2023 presentation:
(Average selling price (&ldquo ASP&rdquo ) of US$65.76 per tonne
Careful management of the business to maximise ASP despite lower average ICI4 price. ICI4 price was down by 18%, however, the business was able to minimise the lower price impact for ASP to decrease by merely 8%)
AVerage ASP of 2h 2023 will be lower than 1st half.
never look backward
We should look at NOV and DEC future contracts.... yesterday hit $65 to $66 !!!
FrancisLim ( Date: 13-Oct-2023 09:51) Posted:
| Per the SGX thermal coal index, the coal price currently is $61. In September, it spiked from $55 to $64 and now $61. |
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Per the SGX thermal coal index, the coal price currently is $61. In September, it spiked from $55 to $64 and now $61.
Hi,
Can those who are attending the egm updates us after it ends? Thanks.
your est of cash profit 1.345bil is mind bogalin.
at 30% div policy, wonder how much div evely qtr can be exp.
but watever said, current geo is jus 30cents. 30.5c like shorties hard to break solid wall.
anyway, egm in 2 hrs, see shorties got remove wall bo.
nokomis ( Date: 12-Oct-2023 19:51) Posted:
Shareholder Q& A:
" Following the completion of the new infrastructure, the expected mining cash costs is around USD25-30 per tonne depending on coal prices, strip ratio and negotiation with the service providers. Assuming ICI4 coal prices of around USD55 per tonne and an average selling price of around USD50 per tonne (after taking into account 25% sales to domestic markets at lower prices), this would imply a cash profit of around USD20 per tonne."
ICI 4 is now trading at 89.80 per tonne. The price looks stable at these levels. Using the 30 per tonne cost and subtracting 10% to accomodate local coal sales, it implies a cash profit per tonne of 53.80. At 25m tonnes, that' s cash profit of 1.345bn. It is 3.2x their current market cap. Even if we use more conservative assumptions, these are substantial numbers.
kei3006 ( Date: 12-Oct-2023 10:12) Posted:
| Of cux, cannot be i ownself imagine, correct? Pls refer to AGM Q&A dated 6 Oct😄 |
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https://www.livemint.com/economy/coal-stock-shrinks-with-rising-demand-11697129657163.html
Thermal power plants across India only have coal enough to last just 7.5 days, showed data from the Central Electricity Authority (CEA). Supply issues in India! Boom!
M42 coal up USD1.00 to USD65.50
desmodeus ( Date: 12-Oct-2023 19:57) Posted:
with rising demand from China and India amid robust domestic requirements, the Indonesian government has suspended for the rest of the year the revised production plans for some minors. The persistently high demand has also bolstered prices for Asian thermal coal that had been rangebound in the last few months. Platts, part of S& P Global Commodity Insights, assessed the FOB Kalimantan 4,200 kcal/kg GAR price at $57.50/mt on Sept. 29, up from $50/mt at the start of September |
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with rising demand from China and India amid robust domestic requirements, the Indonesian government has suspended for the rest of the year the revised production plans for some minors. The persistently high demand has also bolstered prices for Asian thermal coal that had been rangebound in the last few months. Platts, part of S& P Global Commodity Insights, assessed the FOB Kalimantan 4,200 kcal/kg GAR price at $57.50/mt on Sept. 29, up from $50/mt at the start of September
Shareholder Q& A:
" Following the completion of the new infrastructure, the expected mining cash costs is around USD25-30 per tonne depending on coal prices, strip ratio and negotiation with the service providers. Assuming ICI4 coal prices of around USD55 per tonne and an average selling price of around USD50 per tonne (after taking into account 25% sales to domestic markets at lower prices), this would imply a cash profit of around USD20 per tonne."
ICI 4 is now trading at 89.80 per tonne. The price looks stable at these levels. Using the 30 per tonne cost and subtracting 10% to accomodate local coal sales, it implies a cash profit per tonne of 53.80. At 25m tonnes, that' s cash profit of 1.345bn. It is 3.2x their current market cap. Even if we use more conservative assumptions, these are substantial numbers.
kei3006 ( Date: 12-Oct-2023 10:12) Posted:
Of cux, cannot be i ownself imagine, correct? Pls refer to AGM Q&A dated 6 Oct😄
pumpupthevolume ( Date: 12-Oct-2023 10:03) Posted:
| Really exciting times!! Thanks for sharing. Am wondering where was this shared at |
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Finally more supporters to taking up 305....
after tomorrow a bigger geo
Spotted a hungry BB who just bought a huge chunk at 0.305 👍
desmondxyz ( Date: 12-Oct-2023 09:15) Posted:
| 15 mins into trading already 5 mils vol, lai liao lai liao |
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Of cux, cannot be i ownself imagine, correct? Pls refer to AGM Q&A dated 6 Oct😄
pumpupthevolume ( Date: 12-Oct-2023 10:03) Posted:
Really exciting times!! Thanks for sharing. Am wondering where was this shared at?
kei3006 ( Date: 12-Oct-2023 09:10) Posted:
| At $65, Mr Chairman expect to profit $30 per tonne. 25MT X 30 = USD750M profit. That is S$1bILLION profit a year. Geo is also open to further acquisition of neighbouring mines. Big HUAT to Geo and shareholders! |
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Really exciting times!! Thanks for sharing. Am wondering where was this shared at?
kei3006 ( Date: 12-Oct-2023 09:10) Posted:
| At $65, Mr Chairman expect to profit $30 per tonne. 25MT X 30 = USD750M profit. That is S$1bILLION profit a year. Geo is also open to further acquisition of neighbouring mines. Big HUAT to Geo and shareholders! |
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15 mins into trading already 5 mils vol, lai liao lai liao
