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I can only think of Savanna Energy who are in South Sudan and have been get a deal done, I wonder if its anything to do with that!
It’s not, the Chairman already clarified that. Here’s the tweet in case you missed it:
https://x.com/wcat_plc/status/1753036085444169890?s=46&t=dBEUr060C2V_rrjFRsmkxA
“Shareholder inquiry. Failure of Savannah Energy to close oil deal in South Sudan has no bearing on #wcat deal in Sudan (north). Bamboo field work program submitted. Awaiting reply from oil minister.”
This just clarifies that the savannah thing had no effect on our Sudan Bamboo target.
Now we are looking to work in South Sudan as well.
This could be to try and get what Savannah didn't manage to do
Yes, that could be the case
Currently second on the risers board.
Would be great to see a consistent rise with the newsletter.
This has great potential now if it gets enough attention.
I think the issue is that we badly need a SA. MOP is good news but it's just confirming what we know already and not that exciting whereby volume jumps. I am wondering what this newsletter is, re-confirming 24 strategy? Hopefully something new. It feels like MS is an expert at saying the same thing in different ways but I totally get that circumstances have made this venture tricky and he has done well to navigate the situation. Either way, this may be the news that settles the price above 0.30 for the foreseeable future and this news is better than no news. I see it as a great opportunity to load up and will be looking to do so before that SA hits because that is now the next logical news that comes through.
When/if the SA is over the line, the whole narrative will change, we will then anticipate a PA and the fruit of a revenue stream will be in sight with the potential of dividends. Well done to MS for steering the ship in horrid winds.
I would also ignore any talk of Savana Energy as a few posted below, a few obsessive posters in the telegram regarding this, thankfully I am out of that group now.
The MOP is with South Sudan.
This is new and offers opportunities in another country.
We know we already have potential in Sudan and hopefully the SA there is signed soon, but now we have other options as well.
More details and information would be nice as to what the plan is in South Sudan though
Good buys progressively coming in over the months - slow and steady
It appears as though WCAT are positioning themselves to takeover from Savannah in South Sudan! I guess we should know shortly!
Do you know what date they have to update the market ?
Https://x.com/ZaksTradersCafe/status/1789617363635057036?t=AfS2VnbMIFYcNtASovbAfQ&s=08
I had mentioned Savannah Energy in a post a few weeks back
Well if you reply on Zak Mir for your "research", I wish you the best of British, because you're going to need it!
Please tell me you don't !!!
Sorry that should have said
"If you rely on Zak Mir for your research, I wish you the best of British".
You do realise Zak is a paid PR man don't you?
Could be Streatham, could be Sudan-it matters not a jot.Half term next week so a visit to Blackpool next ?
Bitter truth still here with his very bitter closed mind -
It matters not to you because whatever they do as far as you’re concerned it’s negative !
Sorry mate but you are being led by the nose here-it’s a Standard List shell company with a few quid in it.Trust me.
Where have all the rampers gone?
Very nice volume today. Almost calls for a linkedin post of a picture of the share price on a laptop screen using a nokia 7210!
Well of you deduct the two 5 million rollovers, you're left with some small retail trades, and a few scraps.
Quite why anyone is buying this shell at the current valuation is beyond belief, what has ever been delivered here?
The bigger question remains why un invested individuals remain on the board with constant negative tripe who clearly have an agenda?
Surely better off on a board and an Investment that you do like ?
I visit those too!
I'm absolutely flabbergasted that people are invested here in a shell with no assets and a market cap of £5.2 million!!!
You say you're invested, so presumably you think that valuation is justified?
I'd like to see your calculations......
Wildcat Petroleum Plc
("Wildcat", "WCAT" or the "Company")
Wildcat receives TOP LEVEL approval from the South Sudanese Ministry of Petroleum ("MOP")
Wildcat is pleased to announce that it has passed a due diligence process conducted by the South Sudanese Ministry of Petroleum (MOP). This process included the evaluation of the Company's technical competency as well as its financial capability to complete a major multi-million/billion dollar oil production purchase. This clearance is required from the MOP before Wildcat can undertake any petroleum deal in the country including the purchase of large scale oil production.
Financial backing for the potential purchase of any production in South Sudan is been provided by a number of industry investors, including The Waterford Group.
Mandhir Singh (Chairman) said:
"The Wildcat team has been involved in the South Sudan oil industry since oil was first discovered there. We are happy to have passed the arduous due diligence process and received a top level ranking. Wildcat has been invited by the MOP to visit them in Juba and conduct talks regarding current oil production opportunities in the country.
If you also consider that savannah have been trying to complete on a major deal in South Sudan and a reason they can’t is because they don’t have MOP approval……
I have shares in SAVE but wonder if they will now ever re list. WCAT are about to usurp them with the grant of the MOP from South Sudan. This is very risky but if MS pulls this off then fair play to him.