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Fenixnude, you would probably eat faeces if i had some special intel on that too
Possibly 40p.
Love it! Fantastic, let's all fill our boots on the certainty of a 4 bagger!!! Brilliant intel, aecofaeces
More likely they enter an exclusivity option period with an unnamed major.
May have bagged a partner for EG and announce before next retail investors presentation
4p on open
Endlessly chasing a big win...without Wressle revenue Europa would be stuffed. Kudos to Bramhill over at UJO for diversifying into the US where there is a very good chance of success with Andrews plus revenue from Royalties. WH needs to give shareholders something to get excited about in the short term, a modest investment in the US would do it
I have all but given up on Ireland. So it's EG or nothing. We are in that 6 month window for a farmout otherwise we will bump along the bottom until wressle runs out or someone takes us out.. We will see soon enough.
Where is the EG farm out launch slated for Q2?
Just maybe they have bagged a partner already.
I would welcome 2.5 / 3p sale. At the moment money invested here is stagnant, would be better off investing elsewhere. Been dead money / lost money for too many years. Mr Holland if you are following this board please consider a sale should EQ and the Inishkea farm out flop.
Could not agree more
Abismal share atm
7p really??
I certainly think if we don’t get a farm out on either prospect within 6 months , that should be the plan and 3p should be the minimum.
We are going nowhere with Europa!
We have waited and waited and we after many long years hit gold with Wressle finally coming on line, but this little goldmine's resources are being squandered in high risk plays, yes if serenity hit we all would be happy but it didn't; £7M down the drain.
If we can't get a farm out which most here have been hoping for; should we not consider the possibility of putting ourselves up for sale?
This way we get good value for Wressle and maybe a little for Inishkea etc?
Saving on the pay packets and pensions of our directors who are stuck in the unpleasant reality of global warming and the market sentiment towards oil/gas companies.
Could we get 3p/4p on a sale?
IMHO
Thanks for confirmation.
Sell foff
I am afraid you have heard it 100s of times before because it is true.
Where have we heard this before. 100s of times on this board
This may all be very good news for the companies and directors involved, but for an investor this has been dead money invested for 15 years plus. No matter who is in charge they have not be able the offer any return on faithful investors who have backed their newly issued shares. A gamble company yes, but the losses here are incredible... very disappointing that time frames have been long over due and lack of share buying by some directors. EOG have been a dog share for a long time, only now will there be a chance of recovering lost money with the possibility of a farm out.
from ujo results this morning.
in the uk, union jack will remain focused on the development of its flagship project, wressle, where the operator and joint venture partners have ambitious near-term appraisal and development programmes planned. the board is of the opinion that, within the wressle development, there remains significant material upside which will support the company with revenues for at least another decade.
flagship wressle project continues to deliver following a workover, installation of a down hole pump and other significant site upgrades
wressle competent person's report upgrades reserves by 263%
application submitted for the drilling of two back-to-back wressle development wells and the *****tone flags gas monetisation
Inishkia must be close to news on that front imho
Well that is a decent buy , I like the prediction of 7p
Hydras is capitalizing on the perceived inactivity to negatively influence investor sentiment. On the positive side, I read that a broker has set a target price of 7p within the next 12 months, which in my opinion is achievable if a farm-out and drill date are secured for EG and/or Inishkea. I will continue to add.
£3.5 million free cash and generating more at oil above 80.
£8 mill mcap.
Very cheap considering all the news to come.
Nice entry price.
And there we have it - another massive 4 million buy. Explains why the selling had no impact this week and why some of the deramping sounded a little more desperate than usual!