Fenikso Limited Share Price (FNK.PL)

Very pleased that your are ok and that you can still continue to be this bulletin boards' eyes and ears at the next AGM. You got me worried for I noted that you had not posted for some time. I still think that this share could prove to be a good investment and your report back when the time comes will be invaluable.

If you’re still reading Robert, I am the chappie with access to Tom Richardson. I haven’t followed this thread for a while, so missed your request. Clearly they had no problem repaying SAVE. My estimate for 6/2/26 is they had $2.8M cash & investments, plus a trade receivable of $33.7M. I would hope the inflated oil price will speed up receivables. Applying a zero discount rate, the NPV is about 6p per share, and will increase as further shares are bought back. If anyone has any further questions for management, I will ask them at the next AGM.

Just looking at some of my many AIM losers on DeGiro platform .

zarqhon thanks for your reply if your still here .

Are you still using DeGiro they tell me not many UK clients .

Greatland Resources came good for you , I did not hold on to mine unfortunately .

These might be woth more then nothing .

1.55p on below site ( 1.8p early March 2026 , 2.25 in July 2025 )

https://www.aquis.eu/companies/FNK

About Fenikso Limited

Fenikso is the restructured holding company that used to be Lekoil Limited. Fenikso is based in the Cayman islands and holds one main asset which is a US$51.9 million loan made to Lekoil & Gas Investments (“LOGI”) a wholly owned subsidiary of Lekoil Nigeria. The repayment of this loan will take place from the oil sales by LOGI. Fenikso is entitled to 8.65% of the revenue generated from oil sales by LOGI. The company will update the market when it has received the first payment under the loan agreement with LOGI. The proceeds from the loan agreement will initially go towards the repayment of Fenikso liabilities. Once all the liabilities have been cleared the board will discuss with shareholders the various options available to create shareholder value from the funds it will

An announcement today reads: The Company has a requirement to repay the full balance of the Savanah Energy Investments Limited loan ("SEIL Loan") of US$1,959,053 before the end of December 2025, in accordance with the renegotiated terms of the SEIL Loan announced on 25 April 2025.

Can the Chappy who has the direct line to the board enquire whether they have sufficient funds to make the repayment, whether they plan to raise additional funds to do so from a third party or whether they plan a rights issue? Apologies for not remembering your name it has taken me an hour to recall how to post this message - must be showing my age!

...o,h just FNK buying back shares.