No worries dear investor. IMO, it will take time for people to accept. If people in the uk could see real rewards then it will be easier. These rewards, they will have an impact on any possible profits yrs down the road. What we must remember is that England when compared to America is densely populated so it will a bigger pot of any potential profits. DYOR and ATB
RE: SP Forecast - Post 14th Rd Bid
BH, thank you.
Thank you for the warm welcome. The reference to 'Round 16' probably was round 14 was trying to hang onto his every word he seemed very optimistic about Shale, and IMO the sweeteners might entice a few people to sway opinion in our favour hopefully. The main flavour of what he was saying was that we need to base business on the American shale success, which was profit sharing.
SP Forecast - Post 14th Rd Bid
Dear C7, I accept your point but as I've said many times these 2 business should according to expeditious management be transformed post 14th Onshore RD bidding. There are forfeiture oppos aplenty - its like being X Factor judge with an AK47 - full metal jacket. After we see our 14th RD PEDL gains and strategic accomplishments - then I'll hazard a guess - for if I guess now it will be TOO LOW. The EDR/ALK JV approach is a potential lethal bidding weapon - as I said with Eden 9Tcf min sub £2m + for grabs ALK +60-70 abandoned mines with CMM 10 PEDL's forgetting the other 70 under water - and Nat Gas a plenty . I'll give DL a shout - begging - you tell 200k Recession hit families in S Wales 3% compo (Not 6%) income from Shale HNY house prices would fly up and quality jobs all round and local suppliers get material contracts - like casing pipe - win win. I think these are exciting times - EDR is right in the mix with mega conventional and more conventional being bid. Remember - 14th RD key qualifier is financial health - ALK 31% geared and falling - EDR fully funded so the strategy has yet to be played out yet so JV approach mutually beneficial . I still think deal 3 PEDL acq before Oct end. HTH GL HNY
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.