Recent content by Silhouetteau

Craft or anyone that can help, Could suggest any other books/things that are worth reading? I've read most of the prominent value investing books (Intelligent Investor, Common Stocks & Uncommon Profits, Margin of Safety, Roger's book, Berkshire Letters and Competitive advantages books)...

Hey All, Just came across this news release from Lucas Energy who are drilling into the Austin Chalk. Just something to keep an eye on during the year. They're drilling in Gonzales. "Lucas Energy announced today that it has entered into a joint venture agreement with Seidler Oil & Gas, LP...

Hey Zac, There isn't a course, I'm pretty sure it relates to generally when people have read the book/contributed to the blog.

Re: Bega float Hey mate, Found this, looks like more will come out after Easter: "Bega is being advised by boutique adviser Kidder Williams and is expected to appoint an investment bank after Easter to help with the initial public offering, the report said." Source...

It is possible with hard work and making sacrifices though too. I had $4k around this time last year starting my first graduate job on an average graduate engineer wage and now have more than $50k.

Hey Matt, I'm 22 this year turning 23 and the thing that I think about the most is what do you want to do with the money? I personally invest a lot of my income now because I hope by the time I'm 30 I will have enough passive income to be able to work 9 months a year and be able to travel...

On a side note, Does anyone (agentm) know why all the acreages are are named after Brazilian landmarks? (Sugarloaf mountain, Ipanema Beach)

Adobee, You need to look at the 35 Page report AWE released when they announced the takeover, it details AWE's rights. From memory, I believe they have to right to extend or cancel the deal when they choose. Edit: Taken from page 12: "Unless withdrawn, the Offers will be open during the...

Has anyone taken account for the $AUD in their valuations? I'm still learning about the topic, however, all of AUT's NPV/well etc are in $USD, as US interest rates pick up (considering we're talking 10+ years here) surely that would mean greater revenue for AUT in $AUD? Or does it not...

Can someone explain why they haven't put production tubing on the first two wells? Can this be done simultaneously with the other drilling that's going on? I think agentm posted a while ago that production tubing increased flow by 30% and I just did a few quick calculations, they're missing...

Can someone help me better understand the Hartley's report. In it, they state one well is producing 11.4mmcfe/d and this is generating around $50/60k a day. I was just wondering how they determined the 50/60k? My rough go at this: 11.4mmcf = 11400 mcf 11400mcf x $4mcf = $45600/d...

Im surprised no one has posted anything yet. The MAH share price has jumped from a low of 71c on wednesday to a high of 88.5c today (~25% increase) in 2 days. No announcements from the company. They were issued with a please explain yesterday after an 8% increase in SP. Holding MAH

New report out from Hartleys on the Carnarvon site. They lowered the 6 month target to 69c and are also slightly less bullish in the commentary. (Can't post link due to low post count but it's the second announcement down on their site) Hold CVN