Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth 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.
>What is the point to issue new coupon if you haven't paid old one...
"issue a new coupon" - they have calculated how much the Dec coupon is, according to the bonds terms. And those terms that were not changed by previous waivers. That's all.
I'm currently waiting on 3 companies to give half yearly reports at end of Sept - no issue not sure why anyone would focus on that.
I find it odd that snooz was recommending this share a matter of weeks ago when the price was around 5p - just because he got burnt and bailed out at a huge loss has made him hate the company but that is just testament to his poor analysis and judgement I'd say.
At this price it will multi bag instantaneously if a deal is hammered out between all the interested parties. If not the administrators would do exactly what the company says it is already doing ie maximising flow over the winter months, zero capex, ops savings etc so in the end if the price stays high and goes higher we could be out of administration very quickly to multibag then - I dont mind waiting...
SURELY better if bonds work with iog .
It does sort of explain where the money people thought should be in the banks gone?
It's like an episode of 'Scooby Doo' trying to put the pieces together. But it would explain the finances?
Unless the janitor's git it !!!!!!
THATS GREAT gs always one step ahead imo
What is the point to issue new coupon if you haven't paid old one...
Snooz, of course I meant do not, I refer you to AIM rule 18, half yearly report for IOG PLC is 3 months from 30th June.
Smelly, I refer you to the latest update :
Planning underway for a Blythe H1 production TRIAL to assess a sustainable gas rate and associated water rate, with a view to potential low-cost production ENHANCEMENT.
H2 gas rate declined from 27.7 mmscf/d to 21.2 mmscf/d over the month.
Average gross realised gas rate of 17.8 mmscf/d (2023 YTD: 15.7 mmscf/d)
Average realised gas price for August 2023 was 85.1 p/therm (2023 YTD: 107.5 p/therm
Looked it up myself: AIM Rule 18 requires that AIM companies prepare half-yearly reports within three months of the period end.
So, this month-end.
>If they issue the financial interims AIM rules will force a suspension of trading.
Is that sentence missing a "do not"? When would half-year results have to be posted? Months from now I'd guess.
The gas price in July was54p - last time I looked today it was 112p and forecast to continue increasing over the winter. H1 is being brought online again during these high price months - in what world does that sound like a decline
If they issue the financial interims AIM rules will force a suspension of trading.
It won't affect the operations that's separate but the decline from July to August suggests there's more decline to come.
It's touch and go whether H2 is now viable for IOG I'm expecting the decline to be in the teens before December.
Geppetto,
WHITE NOISE - SAY NO MORE !!
What a clown ..
It's touch and go whether H2 is now viable for IOG I'm expecting the decline to be in the teens before December.
Geppetto,
Thought you said suspension by next week !!
What a clown ..
It's touch and go whether H2 is now viable for IOG I'm expecting the decline to be in the teens before December.
Geppetto,
Thought you said administration by next week !!
What a clown ..
Isn't this is very significant news, surely it means things are starting to happen?
So no panic for next week due to this progressive news?
> E.g. Three months previously: https://newsweb.oslobors.no/message/593532 and they still haven't paid that coupon.
So a 3 month waiver costed €5m and you think they can pay for another waiver? It's touch and go whether H2 is now viable for IOG I'm expecting the decline to be in the teens before December.
Many companys suspended and come back trading as Norma. They got everything in their hand and working oil to pump out for money . It is not lose everything then they will make a deal with bondholder. That is a point then share will come back its life. .
Even if someone takeover this maket price of this share so cheap now many other will jump in to buy this.
Dont scare peoples about suspended then nothing. Account maybe delay but they will make it work again . Buy more.
E.g. Three months previously: https://newsweb.oslobors.no/message/593532 and they still haven't paid that coupon.
kessla, where/who/how did you think it meant the coupon had been paid?
> it means outstanding balance has been paid as someone mentioned this is where 5 million gone.
No, it really doesn't mean that at all.
The bond's coupon for each quarter is calculated as 9.5% + Euribor. The Euribor number for each quarter is taken at the start of each quarter. Each quarter for this bond it starts on the 20th Mar/Jun/Sept/Dec.
Better screen-grab https://archive.ph/kHMYk
Around 50% maybe more are traders this is how they make few hundred pounds a day if they are lucky...
Https://newsweb.oslobors.no/message/599693 new rates has been set from 20/09/23 to 20/12/23 it means outstanding balance has been paid as someone mentioned this is where 5 million gone.
I took a snapshot of google's snapshot of the half-yearly report having been scheduled for September 26th: https://archive.ph/P4VIq .
I guess it's positive news from a shareholder perspective - IOG might be able to negotiate a better deal with the bondholders by providing them with less information rather than more.