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Hydras, as one one of the top commentators on this board of late, it would be good to know what skin you have in the game? I don't think any LTH including myself would feel it's reasonable to sell at such a loss so let me know where you're at, if you see it going south then assume you're out? If holding then you must see upside?
You would imagine they will have something of real value to release at or before the meeting. If not,maybe they are just guys with hard necks who will take abuse in order to pocket massive salaries .
SP now 0.8p to sell. This tells the full story of what the market thinks of the BOD's strategy. Absolutely tragic situation no hope in sight of anything decent to say at all to improve matters. WH needs to start investing in the company to show faith or resign.
Logical, but this is now purely a retail market so need some excitement to get people to invest- and as yet WH has yet to deliver clear progress on anything which could attract people.
Cash balance at 31 January 2024 of £3.8m, plus another 3 months of revenue about $0.5m per month, so circa £5m cash plus a steady $500k pm...mcap only £8m. surely time for an upwards re-rate?
.85
God help us
So disappointed they cannot do some kind of share buy back. Take us down to 800 million shares. Wrestle income should allow some type of buy back, it would help the hard and very hard hit long term investors and hopefully reduce the continuing never ending sells.
Tovoc fair point until the crypto-Marxist government in waiting eat the golden goose. They will squeeze onshore and offshore O and G until it is only just investable by a very few companies.
@Serif You are absolutely right best to travel in hope.
Europa has realised that investing in the UK is a waste of time which is a very good thing.
Red Tape and hypocrisy in the UK and indeed Europe has killed the local oil and gas industry.
The irony being it seems to make everyone in Europe happy to use imported oil/gas produced in the US and Saudi feel better and that they are saving the world by doing so?
IMHO
Tovoc. Holding your breath here would be a death wish - even if they are on to something it’s such a laborious process. Still it’s the nature of this type of investment that nothing happens, nothing happens until one finally does - and I’d rather travel in hope than despair!.Life is too short - although I agree that at times it can feel like a life sentence here!
@Serif "Could we have found a licence that someone else might be interested in?"
This has been the history of Europa, "could we", "maybe", "if only"....
Europa is the story of great potential with unfulfilled dreams! With Wreslle being the most wonderful exception that keeps the lights on and more.
I wouldn't hold your breath until something tangible actually HITS!
IMHO
Mmm 'politically stable'.
Equatorial Guinea: politically stable in the manner of North Korea.
Ireland: effectively run by dope smoking greens so deluded by net zero that they avoid the issue: gobbling up Methane from the interconnector and at grave risk of being suckered into an LNG terminal with a decades long supply contract.
The UK: on the cusp of a woke crypto communist government who with TAX THE PANTS off the O&G industry to pay for welfare and detached homes for the various tribes that pitch up here.
That said, the first two geographies do have potential.
Nice one, BobbyB. I think that they said the analysis of EQ was half complete at the end of March session, so I suspect further news on what else is on the Licence can’t be far away - maybe this has determined date of next knees up at the pub. Could we actually have found a licence that someone else might be interested in?
Remember when this was 3p and everyone was saying that was a good price to get in
How about a Marathon?
https://x.com/europaoilandgas/status/1787789437650227439?s=46&t=yb4bY8lQ32WiMrlMFx8_yQ
Someone give that man a snickers ffs.
Cheer up mate, the sun's out
Another can kicking meeting to give the same old, same old. What a waste of time and money. Obviously nothing at all positive or reals news to announce just a 5th time re-run of WH and wowee a new director!! To waste more money in salaries and unearned bonuses. What a joke this BOD are turning out to be. We need to sack the lot of them and sell the company ASAP.
Comforting to see were pinning our hopes on Sinn Fein - FFS!
M cap 8.5m gbp
Strip out 2.5m cash
Wressle plus , Ireland, Eq Guinea valued at 6.0m
One positive public comment from SF and it's game on for Inishkea West.
Free bar?
Let's hope Will has something to discuss at the upcoming investors meeting and not just the usual waffle
Ireland in 2022 imported 4 BCM of Natural-Gas via the Moffat pipeline courtesy of the UK.
The Corrib Natural-Gas field output is in decline mode.
The most recent reported information which I have read stated the percentage of production to national demand is 19 % percent.
Not to long ago this percentage was quoted by many sources as 25 % percent.
Quite possibly Irelands demand for imported Natural-Gas via the UK has increased.
Serif, agreed totally .
Also Greens got over 1/2 their seats the last time because SF pulled so many candidates at the last moment. That’s won’t happen this time . Also Interesting that the article appearing now as these things don’t happen by chance . Let’s hope common sense prevails for once .