Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
glad I averaged down seemed like catching a falling knife then low and be hold good news,odd
I think after the Braase discovery which is quite substantial and will require significant investment over the next few years and the fact Faore are 50% owners and operator they are probably getting all their ducks in order regarding capital availability. With current cash, the unsecured bond and now further income from the sale of 17.5% in Fenja the position on funding development to get to planned 40,000 bopd are looking more secure. As normal from this BOD I believe this is another good deal.
Whilst I added on Friday, I somehow feel shareholders won't get the benefit of this deal. It almost feels as if FPM has given up on accruing significant production and we are back to what we do best - exploration. Shrewdly it may have lowered the potential of FPM being taken over
You can see the Fenja (norwegian sea) license on this map; https://thefundmanager.co.uk/uk-listed-stocks/faroe-petroleum-plc/
another top up at 91.5.Someone on iii mentioned a duster will be expected,take that with a pinch of salt.Hope the Dow steadies over the weekend and we can get back to normal.Even if interest rate rises they are from a very low rate so expecting calmer waters soon gla
maybe they were filling a trade the sp does seem to be dropping a lot,maybe filling orders on panic selling
Big BUY at the recorded over �200K.
Fundamentals here very strong, and growth almost certain over the next few years with reserves let alone any further discoveries, and with DELEK in the background this IMO is a strong buy. Have added more this week at current SP which I think is a bargain given future prospects here and expect this to show a substantial rise this year, similar to my other oil share HNR/ DYOR & GLA
be a good day tomorrow looking at the Dow
my buy is shown as a sell so you cant trust all the sales showing up
just couldn't resist at these prices,oil standing up well,at the moment.Hopefully a storm in a teacup
has been dropping consistently for a few days now for no apparent reason.I bought in a couple of weeks ago and keep buying the dips for lth or a bid, which is a strong possibility
Whilst market generally depressed today don't think fall in SP at the moment reflects the potential here especially with sidetrack being spudded on Fogelberg so have added a few more. Granted not trading these but BUYING as an LTH but still look cheap to me given growth potential of the business over the next few years. DYOR & GLA
You can see the location of Fogelberg, mentioned in today's RNS, here; https://thefundmanager.co.uk/uk-listed-stocks/faroe-petroleum-plc/
could be ,rather
looks a cheap t/o by Delek at this price,
Increased my investments in FPM and HNR to circa �40K as IMO both have good fundamentals and prospects for the future and oil price trend at the moment suggests its going higher. Be interesting to see which one achieves the best growth over the next few years, although DELEK may have a say in FPM's future.
In a good mood and feeling very positive and will be buying more Faroe today, just had an encouraging update (RNS) on my other oil share HNR and feel that Faroe will soon follow on their latest drill. GLA.
over $70 and pushing on
Outlook for rising crude prices looking positive as output from Venezuela falling further, (article posted by joycopter on HNR site today). Can see Brent Crude going back above $70 in coming months.
Positive RNS on bond and looks like some big buys coming in.
BOOM breaks above $70 a barrel. All looking good here, hopefully latest drill strikes more OIL.
a 100 million unsecured bond !!!
Approaching last years high of 115p, and with Crude oil prices 25% higher than then and IMO fundamentals and prospects here greatly improved, along with DELEK in the background , I would expect SP to go substantially higher in 2018. DYOR & GLA.
waiting patiently for FPM to show a similar graph trend line as most E & P. It looks like it has woke up and heard a delayed starting gun. Age thing I suppose cos I have been waiting a long long time, with a long slide to 50p from 200p. Not unduly unhappy as added in the trough, but I feel a tad like Dana (now Delek) or PMG to a smaller extent and want to see a reasonable return - been a lesson learning ground for me this share !!!