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.." the newsflow is now in.."
Well, there's the small detail of what the final net cost of this acquisition will turn out to be; what the take on the next lifting will be; and what else the BoD has been up to on the M&A front during this extended period of 'enforced idleness'.
Feel free to 'refute or retract'.
….message about the news already being priced in! Oh, we’re down! Maybe I was right and it was the subsequent RNS or the one after that when the launch to the stratosphere will occur. Watch this space.
JWBellamy, you're never right.
Anyone would do well to do the opposite of everything you say.
Only getting started
Well holders are selling as it was all priced in and the newsflow is now in.
I will see you lower but you can watch your profits evaporate if you like
Magnificent, the train is picking up momentum
Absolutely. The rise is usually in the afternoon / next day with these type of updates.
Fantastic news today. The Agony of waiting on Government approvals is finally over!
Onwards and upwards nice and slow
Same here Crawshaw, bought originally in September 2022 at about 22p & continue to add.
Afentra will throw off so much cash going forward - it's a no brainer.
We also have plenty of deals to look forward to.
STRONG Buy for me :)
Get spiked? My holding in HL is showing 110% up.
You missed out, again.
But get spiked or give up profits if you want to!
🎤
And the price will fall dont you just love AIM !!!!!!!!
"Q2 2024 as previously announced. At that time, we will provide an update on the deal completion including the asset cashflow from the 1 October 2022 effective date."
let's go!
Excellent!! lets hope this is the back of Terry now as well
Sensational news, well done to the board who continue to impress. Azule deal approved by the government and also Punja economics have improved enormously following declaration as a marginal discovery - this previously produced tens of thousands of bopd. Hugely derisked investment and congratulations to all holders!
““Surprise, surprise there’s no update still
Delays as always or does it even complete?””
Pouring one out for you this morning Tez.
Tanker Delta Blue arrived at Palanca. Should soon start loading Azule (AET) oil shortly.
RNS likely either this or next week for sure.
GLA
Definitely. Either way the price chart looks primed to kick on for a 2nd drive at ATHs
Something going on. Might take a day or two to reveal.
Some solid buying earlier and one would think it could be a bit leaky.
Block 3/05 - Interesting to note in the CPR that of the 108 mmbbls (gross) of 2P reserves, 35.9 mmbbls is attributed to water injection restoration....$3.1bn of gross future revenue at $85 Brent potentially generated from restoration of water injection.
This is a huge financial incentive to the field partners to continue making further progress on this relatively low cost production development initiative, since the peak water injection target calculated to deliver the P2 figure is just 50% of the design capacity of the existing equipment/infrastructure.
Block 3/05A - outrageous good fortune for Afentra shareholders that the Punja Field development Area has very recently been approved by the Angolan Government as a Marginal field for tax purposes, when considering that peak production is estimated at 48,372 bopd of oil and condensate, with 203 million bbls of recoverable reserves.
https://www.offshore-technology.com/marketdata/punja-conventional-oil-field-angola/?cf-view
Oil up, Debt down risk of JWB***** posting lowered
Competition Authority decision in the bag the long wait will be worth it and surely a minimal consideration once effective date barrels since October 2022 offset against the consideration!