# ![@GrtMarc Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1374435450526437382.png) @GrtMarc MarcGRT

MarcGRT posts on X about $val, $ne, $sdrl, $rig the most. They currently have [---] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours.

### Engagements: [---] [#](/creator/twitter::1374435450526437382/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1374435450526437382/c:line/m:interactions.svg)

- [--] Week [-----] +555%
- [--] Month [-----] +16%
- [--] Months [------] -84%
- [--] Year [-------] +84%

### Mentions: [--] [#](/creator/twitter::1374435450526437382/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1374435450526437382/c:line/m:posts_active.svg)

- [--] Month [--] -58%
- [--] Months [--] +37%
- [--] Year [--] -21%

### Followers: [---] [#](/creator/twitter::1374435450526437382/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1374435450526437382/c:line/m:followers.svg)

- [--] Week [---] +0.72%
- [--] Month [---] +1.50%
- [--] Months [---] +13%
- [--] Year [---] +80%

### CreatorRank: [---------] [#](/creator/twitter::1374435450526437382/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1374435450526437382/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[cryptocurrencies](/list/cryptocurrencies)  39% [finance](/list/finance)  38% [countries](/list/countries)  10% [stocks](/list/stocks)  9% [currencies](/list/currencies)  4% [travel destinations](/list/travel-destinations)  3% [technology brands](/list/technology-brands)  3% [us election](/list/us-election)  1% [social networks](/list/social-networks)  1% [la liga](/list/la-liga)  1%

**Social topic influence**
[$val](/topic/$val) 25%, [$ne](/topic/$ne) #574, [$sdrl](/topic/$sdrl) #8, [$rig](/topic/$rig) 10%, [$nexa](/topic/$nexa) 7%, [$borr](/topic/$borr) #7, [$srlv](/topic/$srlv) 6%, [silver](/topic/silver) 5%, [debt](/topic/debt) 5%, [chapter 11](/topic/chapter-11) 5%

**Top accounts mentioned or mentioned by**
[@tommydeepwater](/creator/undefined) [@hkuppy](/creator/undefined) [@perpetualvalue](/creator/undefined) [@silversanta](/creator/undefined) [@philhk](/creator/undefined) [@secrets4stocks](/creator/undefined) [@markikn](/creator/undefined) [@adventusceo](/creator/undefined) [@natgasturk](/creator/undefined) [@ultradeep3](/creator/undefined) [@oilgastourist](/creator/undefined) [@friendlycapmgmt](/creator/undefined) [@wallstcass](/creator/undefined) [@calvinfroedge](/creator/undefined) [@coeus12345](/creator/undefined) [@james56487175](/creator/undefined) [@bowtiedmara](/creator/undefined) [@utopiaescape](/creator/undefined) [@dogmatixxxx](/creator/undefined) [@mugsluck](/creator/undefined)

**Top assets mentioned**
[Validity (VAL)](/topic/$val) [Noble Corporation (NE)](/topic/$ne) [Seadrill Limited (SDRL)](/topic/$sdrl) [Transocean LTD. (RIG)](/topic/$rig) [Nexa (NEXA)](/topic/$nexa) [Borr Drilling Limited (BORR)](/topic/$borr) [Bitcoin (BTC)](/topic/bitcoin) [PolkaBridge (PBR)](/topic/$pbr) [Iris Energy Limited (IREN)](/topic/$iren) [Fartcoin (FARTCOIN)](/topic/fartcoin) [aura (AURA)](/topic/aura) [Prom (PROM)](/topic/prom) [FROSTY (FROSTY)](/topic/frosty) [Diamond (DMD)](/topic/diamond) [Flipcoin (FLIPCOIN)](/topic/flip) [Stader (SD)](/topic/$sd) [Tidewater, Inc. (TDW)](/topic/$tdw) [Wheaton Precious Metals Corp. Common Stock (WPM)](/topic/$wpm) [Walmart, Inc. (WMT)](/topic/$wmt)
### Top Social Posts
Top posts by engagements in the last [--] hours

"Never touched Bitcoin or any other crypto but the ripple effect of a complete crash could seriously impact wider markets and in the very short term also gold and silver (miners). Long term very bullish on commodities Heres how Bitcoin can easily spiral into a worst-case totally catastrophic domino effect of cascading failures. [--]. Exchange liquidity gets destroyed under relentless record-selling pressure (record ETF outflows) driving prices lower in a self-reinforcing capitulation loop. https://t.co/sKiAAdsIKI Heres how Bitcoin can easily spiral into a worst-case totally catastrophic domino"  
[X Link](https://x.com/GrtMarc/status/2019546463098007583)  2026-02-05T22:59Z [---] followers, [---] engagements


"@Secrets4stocks Africa Oil BW Energy"  
[X Link](https://x.com/GrtMarc/status/2020529055024484556)  2026-02-08T16:04Z [---] followers, [---] engagements


"@BowTiedMara They literally don't give you a choice. Good luck unwinding illiquid positions it's a disgrace and I predict that some of those leaving are the ones paying now the most. Real shocker it the tax revenues disappoint"  
[X Link](https://x.com/GrtMarc/status/2021219173460795462)  2026-02-10T13:46Z [---] followers, [---] engagements


"@utopia_escape @DogMatixxxx Nobody seems to be paying attention to the cash flow them make now as well as the quite substantial reserve life. I think your target is not unrealistic especially if commodity prices stay roughly where they are now"  
[X Link](https://x.com/GrtMarc/status/2021613606379413759)  2026-02-11T15:53Z [---] followers, [--] engagements


"@TommyDeepwater I can imagine that there will be some regulatory hurdles. Maybe a chance for $SDRL $NE or $BORR to pick up some mandatory divestments. Similar to what happened with Noble before"  
[X Link](https://x.com/GrtMarc/status/2020863506258559334)  2026-02-09T14:13Z [---] followers, [----] engagements


"Truly great writeup Thank you for sharing and very impressive comeback. My drawdowns were not that extreme but still quite harsh in April last year as well up significantly since then. Also sold my last bits of $VAL yesterday and rotated it partially in $BORR and likely will join you in Seadrill. (Kept my $NE position) Also up 3x on my relatively smaller stake in Globex ;) https://twitter.com/i/web/status/2021999275366875228 https://twitter.com/i/web/status/2021999275366875228"  
[X Link](https://x.com/GrtMarc/status/2021999275366875228)  2026-02-12T17:26Z [---] followers, [---] engagements


"Didn't see this coming great for the entire offshore market $RIG to acquire $VAL in all-stock transaction. Wow. I believe RIG is the most price-disciplined offshore driller; acquiring a less disciplined contract driller is positive for dayrates. VAL's 7G's a good fit for RIG. Question will be what RIG wants to do w/ the jackup rigs https://t.co/bhl14nsKyQ $RIG to acquire $VAL in all-stock transaction. Wow. I believe RIG is the most price-disciplined offshore driller; acquiring a less disciplined contract driller is positive for dayrates. VAL's 7G's a good fit for RIG. Question will be what"  
[X Link](https://x.com/GrtMarc/status/2020856995507519890)  2026-02-09T13:47Z [---] followers, [---] engagements


"As a Dutchie the amount of stupidity in Dutch politics is just shameful. Let's promote emigration of those who pay most taxes. Also tax rate is 36%. Basic calc you invest $100 in a biotech price goes up by $200 to $300 at the end of the year. Tax bill totals $72 then in January no approval biotech stock crashes to $50. You still have to pay the tax but well even if you liquidate all the shares still not enough cash to pay"  
[X Link](https://x.com/GrtMarc/status/2022221490091921802)  2026-02-13T08:09Z [---] followers, [---] engagements


"@TommyDeepwater Some good news ahead of the $RIG/ $SDRL merger announcement. Further consolidation would be a nice Christmas present for all offshore drillers"  
[X Link](https://x.com/GrtMarc/status/1869296768489591174)  2024-12-18T08:20Z [---] followers, [---] engagements


"One of my favourite mining stocks as well. Interesting is that rarely their 3.x% share in TauRx is mentioned which on its own could be worth more than Dundee or zero. But still their net cash plus stakes in Magna and GMIN are worth more than its market cap. Especially after todays drop"  
[X Link](https://x.com/GrtMarc/status/1869865707602882803)  2024-12-19T22:01Z [---] followers, [--] engagements


"@TommyDeepwater Excellent article The new builds🚢 are looking great here in Las Palmas 😉"  
[X Link](https://x.com/GrtMarc/status/1870852201813590344)  2024-12-22T15:21Z [---] followers, [----] engagements


"@Mark_IKN @AdventusCEO Or does it imply that Salazar $srl.v is fully aware that the annual cash flow of El Domo to Salazar can be twice its current market cap So why sell unless it's like 8-10x today's market cap The benefits of being fully carried till production are not to be underestimated"  
[X Link](https://x.com/GrtMarc/status/1871206856498319648)  2024-12-23T14:50Z [---] followers, [---] engagements


"A few observations while we are nearing the end of [----]. A year in which it often seemed like nobody seemed to care anymore about cash flow or crazy stuff like balance sheet strength. Instead all that mattered were AI fairytales and catchy names (you go Fartcoin). And while I am convinced that like the dotcom bubble and all other mania before this one will also fade away over time it did make investing in [----] at times all the more frustrating. Looking back on the last years I realize that most of the positions in my portfolio are driven for a large part by the stupidity and arrogance of our"  
[X Link](https://x.com/GrtMarc/status/1873708716463194394)  2024-12-30T12:32Z [---] followers, [----] engagements


"@NatgasTurk Thanks Plan to do a bit more write ups in [----]. Starting with one on $VAL"  
[X Link](https://x.com/GrtMarc/status/1873813258114916572)  2024-12-30T19:27Z [---] followers, [---] engagements


"Thanks I really like $GMX.TO have owned it for the last [--] years (and increased the position earlier this year). You summarized the investment case for Globex spot on in your write up. Btw have you ever looked at Dundee Corporation Different animal but some similarities incl a royalty on Borborema which is owned by Aura Minerals ( $ORA.to) will go in production next year and should bring in at current gold prices around CAD 4.5m a year"  
[X Link](https://x.com/GrtMarc/status/1873814746509816305)  2024-12-30T19:33Z [---] followers, [---] engagements


"@MugsLuck @ericeche @EWeitzner @sanderwiser Guess I like the extremes. Had some Saipem but also Dolphin and shortly even Prosafe😅 Last one might be interesting after a debt for equity swap"  
[X Link](https://x.com/GrtMarc/status/1874106557178536449)  2024-12-31T14:53Z [---] followers, [--] engagements


"Well fair but what makes the dilution acceptable for me is that management participates and the final prize is large enough for me to cope with even like 50% dilution until first production. What I expect to happen though is a spin-off next year of the exploration assets and on holding business for the El Domo project - likely sold to Silvercorp"  
[X Link](https://x.com/GrtMarc/status/1876567709112000620)  2025-01-07T09:53Z [---] followers, [---] engagements


"@Ultradeep3 Time for Valaris $VAL too scoop up $Borr in an all cash transaction and become the premium jack up leader"  
[X Link](https://x.com/GrtMarc/status/1876966751881081333)  2025-01-08T12:18Z [---] followers, [----] engagements


"@oilgastourist That would be pretty bad news for Maurel & Prom $MAU.PA as well as MAHA Energy. But if Trump wants to get Panama Canada and Greenland shouldn't control of the oil fields in Venezuela also be on the list"  
[X Link](https://x.com/GrtMarc/status/1877618872582349230)  2025-01-10T07:29Z [---] followers, [---] engagements


"Frosty morning in Amsterdam TTF gas prices up 🚀 (go $tnz.to). Any better way to start the week than with a nice brisket on the BBQ😃🥩"  
[X Link](https://x.com/GrtMarc/status/1878737335594176922)  2025-01-13T09:34Z [---] followers, [---] engagements


"Helix is also a great player with a good (unique) asset base that will have work for at least the next [--] years. I owned them for a while but sold after a quick double might get back in again. $VAL $NE and $RIG might seem popular on Twitter But don't underestimate the general (institutional) hatred agains the drillers and OSV owners. I worked on the restructuring of some of these offshore energy restructurings at a time many didnt believe the entire Valaris fleet would be worth much more than $1bn. A lot of banks and instiutional investor got so traumatised by the losses they pretty much"  
[X Link](https://x.com/GrtMarc/status/1882395511186989164)  2025-01-23T11:50Z [---] followers, [----] engagements


"I like the jack ups too I guess plenty of them with the right maintenance and in the right location can make it to [--] years though. But yeah it is a market that will get tighter. For an equity play $BORR ain't that bad but $NE and $VAL that both have a great jack-up fleet are just too cheap for me right now to be bothered with any leveraged player. (Although maybe some call options on $BORR could be ok)"  
[X Link](https://x.com/GrtMarc/status/1882396439734616441)  2025-01-23T11:54Z [---] followers, [----] engagements


"$NE laid up drillships already looked a bit rusty last year in Las Palmas still a surprise to me that the 7th gen one will also be scrapped. When will $RIG follow the lead. Seriously the Deepwater Champion is now [--] years in lay up. There are plenty of recently warm stacked and recent newbuilds (incl 2x $VAL) available. These older stacked rigs will never come back. I support this message $RIG $NE $SDRL $VAL https://t.co/2NQornMqJ6 I support this message $RIG $NE $SDRL $VAL https://t.co/2NQornMqJ6"  
[X Link](https://x.com/GrtMarc/status/1886768856271552867)  2025-02-04T13:28Z [---] followers, [---] engagements


"Pretty good news. $NE now has the largest fleet of non harsh environment semi subs after the acquisition of Diamond. Not much value seems to be given to these semis. Understandable as they dont earn as much as a drillship or 6th gen HE semi but think about all the P&A campaigns that need to be done all around the world for the next [--] years or so. They are perfect for that and they have a very long operating life look at $DDRIL semis of like [--] years old. The potential for very long income streams on these semi subs is quite nice (and no one will ever build a new one)"  
[X Link](https://x.com/GrtMarc/status/1887478546232217783)  2025-02-06T12:28Z [---] followers, [---] engagements


"At current TTF prices not an unrealistic price target for $TNZ.to Flip side of the high TTF prices however is that it makes any acquisition in the Netherlands probably quite a bit more expensive (Neptune or Wintershall) National Bank initiates coverage on Tenaz: https://t.co/5nLomej7IX https://t.co/dWuFKbvE9R National Bank initiates coverage on Tenaz: https://t.co/5nLomej7IX https://t.co/dWuFKbvE9R"  
[X Link](https://x.com/GrtMarc/status/1887846900830757373)  2025-02-07T12:52Z [---] followers, [---] engagements


"@TommyDeepwater As always you are spot on. In particular "The valuation difference between a warm and cold drillship is substantial given cold reactivation costs of $125-$200mm" Back of the envelop for Noble $200m equals the value of one of their working 7th gen rigs. Better buyback more stock"  
[X Link](https://x.com/GrtMarc/status/1888245695368269829)  2025-02-08T15:17Z [---] followers, [---] engagements


"Got a lot of those names in common. Thanks for sharing. $SD was my favourite first picking it up at $6 and when it got around $1 going in quite big lovely returns. Sometimes valuations make zero sense. $CERT.v and $SRL.v are the ones I see with the most upside at the moment. (and $DC-a.v as the one with the best R/R)"  
[X Link](https://x.com/GrtMarc/status/1895548303963496662)  2025-02-28T18:55Z [---] followers, [---] engagements


"@alamo23445 @LingmerthStefan @hkuppy @Liftthatbid Lol going back to $50 is almost a 50% raise from todays levels. Insane that $VAL now has a $2.5bn market cap"  
[X Link](https://x.com/GrtMarc/status/1896584152516047010)  2025-03-03T15:31Z [---] followers, [----] engagements


"$NE $VAL and $SDRL are now below or close to their market caps at the time of their emergence from Chapter [--]. None of them have any bankruptcy risk today if they all decide to scrap 1/5 of their fleet floater rates would go up straight to 5-600k and FCF to current EV would hit an easy 50%. Thanks to Noble's consolidation this market is now an oligopoly. Its up to the main players (incl $RIG) to keep the discipline and this will in hindsight look like a generational opportunity to make a lot. Admittedly I thought it already a generational buying opportunity when $VAL was at $45 $NE at $30 and"  
[X Link](https://x.com/GrtMarc/status/1896633249641677206)  2025-03-03T18:46Z [---] followers, 55.4K engagements


"Not predicting the oil price but lets compare the situation to when $VAL emerged from bankruptcy. Oil around $40 a barrel. Large part of their fleet in lay up and they didnt own the newbuilds DS-13 and DS-14 yet (they do now after paying $337m) Lets really hope the drillers keep their discipline and stack vessels getting off contract or if old straight away scrap them instead of doing a Seadrill and accept contracts at too low rates ruining the whole market. IMO the last part is the real risk"  
[X Link](https://x.com/GrtMarc/status/1896636082621452749)  2025-03-03T18:57Z [---] followers, [----] engagements


""Fun fact" about Seadrill $SDRL and buy backs Their total share repurchases since [----] amounts to $792 million which equals 22% of issued share count. For the same amount of cash they can now purchase 50% of the current outstanding shares"  
[X Link](https://x.com/GrtMarc/status/1896642058527621541)  2025-03-03T19:21Z [---] followers, [----] engagements


"Lol this didnt age well. #driller $odl.ol $ne $borr $nol.ol $dvd.ol $shlf.ol $sdrl $val $rig Sparebank1 markets bullish. https://t.co/3qALc0EvDL #driller $odl.ol $ne $borr $nol.ol $dvd.ol $shlf.ol $sdrl $val $rig Sparebank1 markets bullish. https://t.co/3qALc0EvDL"  
[X Link](https://x.com/GrtMarc/status/1896658466397430198)  2025-03-03T20:26Z [---] followers, [---] engagements


"@lasse108 @lePappa71 And $NE jackups thereafter"  
[X Link](https://x.com/GrtMarc/status/1896875149514989771)  2025-03-04T10:47Z [---] followers, [--] engagements


"@TNdMXX Dont know enough about $URA and $FLNG to comment but $VAL and $NE are dirt dirt cheap"  
[X Link](https://x.com/GrtMarc/status/1896951681952464960)  2025-03-04T15:51Z [---] followers, [---] engagements


"@biffgp Great option play but why bother if you can get $VAL and $NE at current prices - Just compare $VAL EV to $BORR's EV"  
[X Link](https://x.com/GrtMarc/status/1896952104289468917)  2025-03-04T15:53Z [---] followers, [---] engagements


"A big point of frustration for me as well During the chapter [--] insane equity awards were provided to the mngt of the drillers that therefore had all the incentive to play ball with the funds that owned the controlling debt. Look at $TDW as well sure that mngt did a good job but the pay is insane particular if so many past shareholders/bondholders lost gigantic amounts"  
[X Link](https://x.com/GrtMarc/status/1897309927405764653)  2025-03-05T15:35Z [---] followers, [---] engagements


"@offshoremayor @Christopher_01 @NatgasTurk Couldn't agree more Go $NE and $VAL ;)"  
[X Link](https://x.com/GrtMarc/status/1897679803492229474)  2025-03-06T16:04Z [---] followers, [---] engagements


"@TommyDeepwater @simpelspekulant So USD 300m per 7th gen drillship - Using that figure for Valaris and Noble you get to values that are roughly double the current share price. $NE $VAL"  
[X Link](https://x.com/GrtMarc/status/1898022856597950708)  2025-03-07T14:48Z [---] followers, [----] engagements


"@FriendlyCapMgmt Well they have been in there for a long time. And this includes 2m shares in a fund from [----]. Now almost [--] years later maybe LPs want their money back (Did not do any research in that specific fund structure but could be). Shitty timing as well"  
[X Link](https://x.com/GrtMarc/status/1898676126500667693)  2025-03-09T10:03Z [---] followers, [----] engagements


"@FriendlyCapMgmt Maybe nice if $VAL buys all these Oakhill shares back at a fair price"  
[X Link](https://x.com/GrtMarc/status/1898676361905999942)  2025-03-09T10:04Z [---] followers, [---] engagements


"Dundee Corp is now my largest position and my favourite way to have exposure to precious metals as well as some excellent base metal projects ( $NICU.v ) While my cost base is much lower than todays share price there is still much more room for growth. Not just to closing the valuation gap to Dundees NAV. But huge upside if only some of the portfolio companies of Dundee start to trade near like 0.5x of their respective NAV's. Note short term downside would be Taurx not getting approval (80% likelihood). But arguable that is already factored in the price. $DC.a THE "WORKS" In a recent"  
[X Link](https://x.com/GrtMarc/status/1902039553663246395)  2025-03-18T16:49Z [---] followers, [---] engagements


"@MCross08 @PerpetualValue And CH-11 time for $RIG. Now they are not in Switzerland anymore (the HQ) they can. Great opportunity for the new CEO to start with a clean sheet"  
[X Link](https://x.com/GrtMarc/status/1908234288107315645)  2025-04-04T19:04Z [---] followers, [---] engagements


"@MillionaireBet8 They have more contracted backlog vs each of the individual other drillers. Combined $SDRL + $NE + $VAL have more backlog than $RIG. Also $RIG's backlog while impressive is pretty high due to contracts on the Deepwater Atlas which run well into 2029"  
[X Link](https://x.com/GrtMarc/status/1908429344797610425)  2025-04-05T07:59Z [---] followers, [----] engagements


"Why bother with the $RIG unsecured In the downside scenario it's barely better than the equity without the equity upside - Just read through the chapter [--] filings from $VAL $NE and $SDRL. The fleet valuations will be a fraction of what its worth and the value breaks for sure in the secured and dont forget about the $500m or so in advisory costs. Better option - caveat I havent read through the prospectus $BORR secured bonds nice relatively new jack ups you get in a worst case scenario"  
[X Link](https://x.com/GrtMarc/status/1909872488143614433)  2025-04-09T07:34Z [---] followers, [----] engagements


"@wallstcass @AdventusCEO @Geiger_Capital And afterwards take out $SRL.v around like [--] cents - Which is literally only like a 4x multiple on CF from SRL 25% share in El Domo"  
[X Link](https://x.com/GrtMarc/status/1912155965446672632)  2025-04-15T14:48Z [---] followers, [--] engagements


"Not the worst day for the portfolio. Salazar $SRL.v up 30% . One of my top [--] positions (together with $TNZ.to up 13%). Upside on Salazar is quite a bit. Back of the envelop calc would suggest quite a lot more upside. $SVM (operator w 75% share in El Domo) will likely acquire them before the full potential will be reflected in the share price"  
[X Link](https://x.com/GrtMarc/status/1914738864763068463)  2025-04-22T17:51Z [---] followers, [----] engagements


"Impressive budget slightly below FS capex with the inclusion of a $10m higher contingency budget. Great news not just for $SVM but also for $SRL.v who owns 25% of the mine free carried until production Don't forget Wheaton $WPM funds 175m (72%) of the capex for a 75% stream on the silver and 50% on the gold. Silvercorp Budgets $240.5 Million For The Construction Of El Domo Copper-Gold Project $SVM $SVM.to #copper #gold #mining https://t.co/3aXWZ1jKKR Silvercorp Budgets $240.5 Million For The Construction Of El Domo Copper-Gold Project $SVM $SVM.to #copper #gold #mining https://t.co/3aXWZ1jKKR"  
[X Link](https://x.com/GrtMarc/status/1915031655959367906)  2025-04-23T13:15Z [---] followers, [---] engagements


"Way too much optimism in the market. The debt and tariff issues are not gone at all. Trimming most positions except for the gold holdings. Top [--] now $DC.a $TNZ.to $CERT.v $SRL.v and $VAL Cash well over 15% small short position through puts on Nasdaq and $WMT"  
[X Link](https://x.com/GrtMarc/status/1915466029439787021)  2025-04-24T18:01Z [---] followers, [---] engagements


"Lots of optimism about this deal but the tariffs are still 50% higher than before liberation day and trust - especially for long term projects- is pretty much gone. I continue to be fearful. The huge indebtedness of the US is not gone at all also rates may not go substantially lower anytime soon. This "tariff crisis" might in hindsight look like a nothingburger compared to the issues in the bond market. I continue to derisk and build up the cash position + precious metals. Top [--] remains $DC.a $TNZ.to $VAL / $NE $SRL.v and $CERT.v BREAKING: US and China agreed to LOWER tariffs on each other"  
[X Link](https://x.com/GrtMarc/status/1921879397784510509)  2025-05-12T10:45Z [---] followers, [---] engagements


"What's the worst case for the $Borr bonds Chapter [--] Expensive but you get the equity with plenty of upside if you can sit it out. Perhaps more likely $VAL would just offer a nominal amount for the equity and take over the debt would make them instantly the leader in premium jack ups"  
[X Link](https://x.com/GrtMarc/status/1925578721412444362)  2025-05-22T15:45Z [---] followers, [---] engagements


"Still building up cash and in selling mode (but did buy some silver stocks $EXN.v) Petrobras $PBR.a is very high on my shopping list - but can see it go lower especially in light of a broader market correction Not buying $PBR here is low key financial negligence. You're ignoring: Solid fundamentals Juicy dividends Oil exposure Global trade positioning Massive revenues Brazilian politics priced in. Value isn't. Big boy stock. Long-term banger. Bookmark this tweet and thank me Not buying $PBR here is low key financial negligence. You're ignoring: Solid fundamentals Juicy dividends Oil exposure"  
[X Link](https://x.com/GrtMarc/status/1932336090528030974)  2025-06-10T07:16Z [---] followers, [---] engagements


"Thanks but the share price started moving only like a week after this news. If a positive decision leaked I would expect Genting to be up as well (owns 20% or so of TauRx) but they are down over the last [--] days. On the other hand Dundee has by far the most leverage to an approval of TauRx (should at least double from todays prices)"  
[X Link](https://x.com/GrtMarc/status/1933582584681779420)  2025-06-13T17:49Z [---] followers, [--] engagements


"@calvinfroedge If it wasn't for the capital gains tax perfect place to live"  
[X Link](https://x.com/GrtMarc/status/1938644956547018836)  2025-06-27T17:05Z [---] followers, [---] engagements


"The gold and silver space is sadly full of scams/lifestlye companies. This is likely not one of them. Revival Gold $RVG.v got the reserves (3.2m oz Au M&I) a clear path to production at their Mercur project (old Barrick gold mine + good infrastructure) and is backed by some of the industries best such as Dundee $dc.a & EMR Capital. The financing comes without warrants another sign of quality. Current market cap before financing 113m CAD. Likely the NAV of their projects will be substantially higher than the 1236m USD shown at $3000 oz/gold through exploration success and turning inferred"  
[X Link](https://x.com/GrtMarc/status/1945193630857109948)  2025-07-15T18:47Z [---] followers, [---] engagements


"Unfortunatly in any market correction which I see as more likely than not all drillers will go down fundamentals just dont matter. Even at current prices they are only slightly above chapter [--] levels. Best perhaps to keep a decent position on which you will be happy to add if the price drops but don't feel horrible if they only go up from here"  
[X Link](https://x.com/GrtMarc/status/1946295613093818844)  2025-07-18T19:46Z [---] followers, [---] engagements


"Dundee's qualities are finding undervalued gems in the mining sector. Seems much easier to participate in an equity raise than to obtain a royalty. Also royalties see a lot more competition nowdays. I do see and would support Dundee taking direct ownership in mines as a JV partner which would also bring in direct cash flow Best strategy with Dundee is to own a lot and buy some more of their smaller positions that you like (I got lots of extra $RVG.v $STN.ax and $SPC.v)"  
[X Link](https://x.com/GrtMarc/status/1946854122235338994)  2025-07-20T08:46Z [---] followers, [---] engagements


"I meant as a key catalyst in the short term as perhaps a decision will come somewhere in the autumn Recent price action is indeed mainly a consequence of substantial value increase in their portfolio companies like Martime Saturn and Magna. (The reason for me to own Dundee) Also a bit more leverage compared to the market cap in Dundee on TauRX vs Genting"  
[X Link](https://x.com/GrtMarc/status/1946913527639503202)  2025-07-20T12:42Z [---] followers, [--] engagements


"@FredKosters Love these mining "restructuring" cases. Also for El Roble the last drillholes were not included in the reserves to my understanding because well why would they the mine licenses was about to end. The extension now with [--] years is a game changer"  
[X Link](https://x.com/GrtMarc/status/1962801269585612842)  2025-09-02T08:54Z [---] followers, [--] engagements


"@Silver__Santa @9KGOLD Ah that sucks I once considered emigrating to Belgium lol (Dutchie here). Now probably the Dutch system is better if you invest big in gold/silver miners nowdays. Effective fixed wealth tax around 2% ish instead of real capital gains tax"  
[X Link](https://x.com/GrtMarc/status/1966444650140405913)  2025-09-12T10:11Z [---] followers, [--] engagements


"@DarpResearch Very weird price difference. Congrats on the smart buy. Regardless the price today - even if it would be 50% higher the upside potential in West Witts is absolutely insane. Don't think people realise how soon this can get in production"  
[X Link](https://x.com/GrtMarc/status/1972742491976970437)  2025-09-29T19:17Z [---] followers, [--] engagements


"Flew in today to Buenos Aires. Best way to celebrate a #Milei win 🥩. Tomorrow let's buy some more $cresy & $ypf"  
[X Link](https://x.com/GrtMarc/status/1726394054856921303)  2023-11-20T00:16Z [---] followers, [----] engagements


"4) The Borgland on contract with Enquest who seems to contribute upfront to the mobilization costs (footnotes presentation suggest $32m but this should include SPS contributions on the PBL & mob fees for Blackford to India). FCF contribution of about $40m is great for this rig"  
[X Link](https://x.com/GrtMarc/status/1730367943806984565)  2023-11-30T23:27Z [---] followers, [---] engagements


"Some highlights from the Dolphin Drilling $DDRIL.OL Q4 results. Main figure to keep in mind is the below EBITDA forecast combined with $DDRIL market cap of c.$150m. Further upside can come from options/new contracts on the Blackford and reactivation of the Leader"  
[X Link](https://x.com/GrtMarc/status/1762136146769793384)  2024-02-26T15:22Z [---] followers, [----] engagements


"Something is going on at $DDRIL.ol / $DDRIL. The Blackford Dolphin started moving right after midnight. On its way to India Getting the damn rig out of Nigeria and on time to India would very much derisk Dolphin Drilling. Share price is up by over 12%. https://www.marinetraffic.com/en/ais/home/centerx:5.6/centery:4.7/zoom:6 https://www.marinetraffic.com/en/ais/home/centerx:5.6/centery:4.7/zoom:6"  
[X Link](https://x.com/GrtMarc/status/1807710999480303756)  2024-07-01T09:41Z [---] followers, [----] engagements


"True in such a scenario markets could very well push the TTF below [--]. (Nice to have some hedges in place) But I would be very surprised if it doesn't take years before sanctions are lifted and meaningful russian gas production reaches western europe. In the meantime however Tenaz should be able to generate substantial FCF especially in relation to its market cap. Regarding the supply side. I am also quite worried about the impact of the EPL on the long term gas supply for the UK North Sea. Years of minimal capex already now will have serious impact on total supply"  
[X Link](https://x.com/GrtMarc/status/1818965822162755905)  2024-08-01T11:03Z [---] followers, [---] engagements


"@coeus12345 Thanks Bought a lot of $YAL.ax this morning a bit below $6. Feels like heads I win (great acquisition) tails I win (special dividend as mentioned in the call). Btw do you have any views on whether $WHC.ax would be able to take on another large transaction at this moment"  
[X Link](https://x.com/GrtMarc/status/1825898709193744767)  2024-08-20T14:12Z [---] followers, [---] engagements


"Makes sense. Might be possible for $WHC.ax to team up directly with one of their potential 20% buyers and go after these assets. For a Japanese steel mill after all it is a really different business and I guess they would want to team up with an experienced operator. Anyhow got both $WHC.ax and $YAL.ax if the price is right happy if either gets it. Would be a shame if they start overbidding but surely everyone can see a threatening recession. https://twitter.com/i/web/status/1826153685975437358 https://twitter.com/i/web/status/1826153685975437358"  
[X Link](https://x.com/GrtMarc/status/1826153685975437358)  2024-08-21T07:05Z [---] followers, [---] engagements


"@notanobject @OriginalBraila And its all offshore. If I remember correctly $VET had onshore TTF gas. Which after the Groningen earthquakes is just too tricky for me to tuch. (Also $TNZ still at a great discount to PDP value)"  
[X Link](https://x.com/GrtMarc/status/1849266830722080869)  2024-10-24T01:49Z [---] followers, [---] engagements


"FCF was indeed disappointing. But from a capital structure perspective I would have been very supportive as a Noble shareholder for more buybacks even if debt funded. Plenty of room for some secured lending especially on rigs with longer contracts and 'benefit' from Noble's very low implied asset values"  
[X Link](https://x.com/GrtMarc/status/1891619564733010370)  2025-02-17T22:43Z [---] followers, [---] engagements


"@Ultradeep3 I have never been a fan of $SDRL always preferred $VAL & $NE but on an EV/RIG basis getting really cheap here. Also plenty of day rate upside when recontracting (still 3x 250k contracts in [----] limiting FCF)"  
[X Link](https://x.com/GrtMarc/status/1894343016296460469)  2025-02-25T11:05Z [---] followers, [---] engagements


"@BuyCheapNPray Too many a bit hard to chose next to Tenaz $AOI.to $GPRK $HBR.L $JSE.L $MAHA-a.st $FEC.TO Also the drillers $NE $VAL and $BORR are insanely cheap if one can hold them for the next [--] years (or buy some bit out of the money Jan [----] calls on $NE and $VAL)"  
[X Link](https://x.com/GrtMarc/status/1894663148906434714)  2025-02-26T08:17Z [---] followers, [----] engagements


"@phil_hk Wow seriously amazing news. Wonder how $0001.hk will open. At least 50%+"  
[X Link](https://x.com/GrtMarc/status/1896973811867931054)  2025-03-04T17:19Z [---] followers, [---] engagements


"Pretty ugly day for those (incl me) that hold a lot of Offshore drillers. $Borr bonds make sense good assets that you get in the worst case. Much better risk vs the $RIG bonds Btw these prices for $NE/ $VAL / $SDRL should allow for harsher scrapping of excess rigs - scrap proceeds can be used for buy backs. https://twitter.com/i/web/status/1908227551157195163 https://twitter.com/i/web/status/1908227551157195163"  
[X Link](https://x.com/GrtMarc/status/1908227551157195163)  2025-04-04T18:37Z [---] followers, [----] engagements


"Horrible week on the markets here with heavy losses ao due to large exposures in $VAL and $NE. I think these days above all balance sheets matter a comparison below Enterprise value of $VAL + $NE + $SDRL = $8.9bn Enterprise value of $RIG = $8.6bn Draw your own conclusions"  
[X Link](https://x.com/GrtMarc/status/1908420086928494781)  2025-04-05T07:23Z [---] followers, 11.8K engagements


"@PerpetualValue @TommyDeepwater I own $VAL & $NE shares + too many calls on them - maturity end [----] (so quite a big loss now). For bonds $BORR secureds look interesting. $SDRL is super cheap on an EV level just dont like the claim of $PBR. (and I in general prefer a mix of drillships + jack ups)"  
[X Link](https://x.com/GrtMarc/status/1909922154440765612)  2025-04-09T10:51Z [---] followers, [---] engagements


"After a rough April now at my best YTD ever due to a very large precious metals exposure. Largest mining positions are now. $DC-a.to $SRL.v $CERT.v $WWI.ax $ATY.v $ORV.to $NEXA $GMX.to Trimmed most as a correction feels imminent and the exposure simply got too large. Most of the above still have a lot of upside potential in them especially if gold prices stay where they are now. But also here the higher the upside the more risk"  
[X Link](https://x.com/GrtMarc/status/1971277102709125284)  2025-09-25T18:14Z [---] followers, [---] engagements


"I think I found the cheapest silver stock it is a zinc miner. Nexa Resources produces 41m oz AgEq of which 12m oz is pure silver production Its market cap is only USD 750M which makes $NEXA on every metric substantially cheaper than $PAAS $HL $EXK or $CDE. Details: - 12M oz silver from [--] large long-life mines in Peru and Brazil - 129M oz silver reserves 10+ year mine life - AgEq of 41M oz annually including zinc lead copper and gold by-products. - [--] smelters with USD 160-180M annual cash flow - USD 1.5B net debt 7.7-year average maturity at 6.3% cost - Forecasted mining cash flow of USD"  
[X Link](https://x.com/GrtMarc/status/1980344949406331168)  2025-10-20T18:46Z [---] followers, [----] engagements


"@James56487175 @Regadenoson Well both HUM.L and DDRIL.OL made perfect sense at the time. Just West African scams messing it up"  
[X Link](https://x.com/GrtMarc/status/1980901643928666486)  2025-10-22T07:38Z [---] followers, [--] engagements


"This feels like the telecom boom in [----]. Until now I kept my short exposure through puts to about 1-2% of my portfolio but am slowly increasing this to 3-5%. The accounting of some of these Data Center Operators/ Bitcoin factories is also quite "interesting". A List of Data Center Operators: $ORCL Oracle $CRWV CoreWeave $NBIS Nebius $IREN Iren $GLXY Galaxy Digital $APLD Applied Digital $RIOT Riot Platforms $CIFR Cipher Mining $MARA Mara $GDS GDS $CORZ Core Scientific $CLSK CleanSpark $WULF TeraWulf $BTBT Bit Digital $HUT Hut [--] $BTDR https://t.co/rLBp2cDeQk A List of Data Center Operators:"  
[X Link](https://x.com/GrtMarc/status/1987194802094362740)  2025-11-08T16:25Z [---] followers, [---] engagements


"@wallstcass Very nice day for Nexa today. Guess people are waking up. $20 even within a year doesn't sound to crazy at all. That would "only" be a $2.6bn market cap. Not even a double on an EV basis. Compare that to some "pure" silver players. Still very reasonable"  
[X Link](https://x.com/GrtMarc/status/1991233051091665287)  2025-11-19T19:52Z [---] followers, [--] engagements


"Think you are spot on with the domino effect. It's maybe more direct than just the same investor base. Many bitcoin miners are now hyperscalers/ datacenter builders and are unprofitable at bitcoin around $50-75k. Take an $IREN effectively a glorified bitcoin miner with a large Microsoft contract to build a datacenter not cash profitable at all (despite a 12bn mcap) and no way they can fund their portion of the capex nor reliably repay any vendor finance debt. Contract falls away no funding to buy the Nvidia GPU's from Dell -No revenue/write-offs at Nvidia and Dell etc. Domino's fall (and this"  
[X Link](https://x.com/GrtMarc/status/1991844302616510549)  2025-11-21T12:21Z [---] followers, [---] engagements


"@phil_hk Maybe another interesting one $NICU.v copper/nickel story but also has quite some PGM's"  
[X Link](https://x.com/GrtMarc/status/1994024616914768213)  2025-11-27T12:44Z [---] followers, [---] engagements


"@daando37 @respeculator Exactly do have a look at Nexa Resources ( $NEXA) . Might be the craziest of all 12m oz silver production for less than USD 1bn"  
[X Link](https://x.com/GrtMarc/status/1995463996552483119)  2025-12-01T12:04Z [---] followers, [---] engagements


"Great background on the silver price dynamics. While I do own some silver directly my main silver play remains Nexa Resources $NEXA which at current silver prices becomes a real cash flow machine. (And even after the run up last month still very cheap) https://t.co/rKwF6Gn56n https://t.co/rKwF6Gn56n"  
[X Link](https://x.com/GrtMarc/status/2005195119348302109)  2025-12-28T08:32Z [---] followers, [---] engagements


"The share price of Nexa resources is now up 80% (c. $550m higher mcap) since I started buying. It is still a steal and I continue to add: - Increased metal prices result in $700m+ extra margin in [----] compared to the guidance price deck - Just that extra pre-tax margin is more than half the market cap of $NEXA - The value of the reserves increased by $8bn add the resources you get to $10bn extra value for a total of $38bn in-situ value (ex inferred) - Amazing track record in replacing reserves have a look at the inferred there may be quite some material to add in due course - The AgEq"  
[X Link](https://x.com/GrtMarc/status/2006076061050900941)  2025-12-30T18:52Z [---] followers, [---] engagements


"@phil_hk I was literally thinking the same earlier today. Seems to really lag all the other HK RE plays"  
[X Link](https://x.com/GrtMarc/status/2007131878831317425)  2026-01-02T16:48Z [---] followers, [---] engagements


"@cap_allocate @tate_trades @hkuppy @energyburrito @marketplunger1 I think the key idea in owning Dundee is just to buy it let them do their magic and hold for the next 3-5 years. Pretty sure the return will be very rewarding. Also love the downside protection with the huge amount of cash"  
[X Link](https://x.com/GrtMarc/status/2007466754096734226)  2026-01-03T14:59Z [---] followers, [--] engagements


"@James56487175 Not $IMPP"  
[X Link](https://x.com/GrtMarc/status/2008958166763971061)  2026-01-07T17:45Z [---] followers, [---] engagements


"@PerpetualValue @oilgastourist If you are very bullish on the oil price $HBR.L might still be a good bet. Lots of financial leverage now. But yeah they are willing to pay up quite a bit"  
[X Link](https://x.com/GrtMarc/status/2009658993636233291)  2026-01-09T16:10Z [---] followers, [--] engagements


"@ManishSahu1008 Much more to come think investors first need to see the Q4 results and guidance. A $30 target price by end of the year might sound like a lot but its only a $4bn market cap. Compare that to some of the larger silver names"  
[X Link](https://x.com/GrtMarc/status/2009724584212242909)  2026-01-09T20:30Z [---] followers, [---] engagements


"@Silver__Santa Let's do $NEXA - Nexa Resources too Margin: [--] MOZ AGEQ x ($92-$40)= $1.6B USD MCAP: $1.5B USD EV: $3.0B USD Note they only give zinc cost so lets just plug in a high cost per ounce figure Oh btw all mines are operating already and have long mine lives"  
[X Link](https://x.com/GrtMarc/status/2011509606963687886)  2026-01-14T18:43Z [---] followers, [---] engagements


"And if prices stay where they are you also want to have Dundee as some of the portfolio companies have quite the upside. From production at $NICU.v development plays with $AUC.ax and $STN.ax to an exciting exploration play with $SPC.v. Also let's see how the plans develop for a Dundee Precious Metals [---] operating company as well with Westhaven. Very happy shareholder here"  
[X Link](https://x.com/GrtMarc/status/2014407468068360679)  2026-01-22T18:39Z [---] followers, [---] engagements


"@calvinfroedge Does it start with a D ;) My largest position just ahead of Nexa - Also half the mcap in cash"  
[X Link](https://x.com/GrtMarc/status/2014456498085155146)  2026-01-22T21:53Z [---] followers, [---] engagements


"@Comm_Invest $NEXA is probably still the best way to play this"  
[X Link](https://x.com/GrtMarc/status/2013718438028403012)  2026-01-20T21:01Z [---] followers, [---] engagements


"@Mark_IKN Keep on dancing.😉"  
[X Link](https://x.com/GrtMarc/status/2017189147245424740)  2026-01-30T10:52Z [---] followers, [---] engagements


"@BULLReturns Any views how best to play the Lithium story $IGO.ax Btw for the real contrarian play. How about Vanadium $LGO"  
[X Link](https://x.com/GrtMarc/status/1840657653288042610)  2024-09-30T07:39Z [---] followers, [---] engagements


"@Henrik115 @FMayford97841 @Silver__Santa I prefer the same but it would add quite some residual value after the tailings and stockpiles are fully processed (after [--] years). In $ORV at around 60c took some profits recently but might add again. New president in Bolivia seems to be reasonable"  
[X Link](https://x.com/GrtMarc/status/1981036956638158903)  2025-10-22T16:36Z [---] followers, [---] engagements


"@sincetrader @MikeFritzell @Wghhn123 Thanks very interesting. My favourites are Sino land & Great Eagle. But really like the stable asset management fee income here"  
[X Link](https://x.com/GrtMarc/status/1748298715784241580)  2024-01-19T10:57Z [---] followers, [--] engagements


"One of my smaller positions but still $SPC.v - up a lot in the first minutes of trading. Yes only sampling not drilling but this is truly spectacular. SPC Nickel Reports Grades up to 18.15% Cu [-----] g/t Pd [-----] g/t Pt [----] g/t Au from [----] Surface Sampling at the Muskox Project Nunavut $SPC.V https://t.co/jVDapro15Z SPC Nickel Reports Grades up to 18.15% Cu [-----] g/t Pd [-----] g/t Pt [----] g/t Au from [----] Surface Sampling at the Muskox Project Nunavut $SPC.V https://t.co/jVDapro15Z"  
[X Link](https://x.com/GrtMarc/status/1992967891587653959)  2025-11-24T14:45Z [---] followers, [---] engagements


"@coeus12345 Much appreciate the color Also very interesting angle with Repsol if I am correct Eni also owns quite a bit in Venezuela (and check out Eni's long term -e.g. [--] years call options in Milan quite cheap)"  
[X Link](https://x.com/GrtMarc/status/2007463501124493582)  2026-01-03T14:46Z [---] followers, [---] engagements

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