With many, many thanks to our guest speakers and the audience who braved the wind and rain post-Dennis and turned up at our first investor briefing of the year. We had a new host in financial journalist Ed Bowsher, and welcome and well done to him as well.
Oil & Gas was the focus, and Jeremy Asher, Chairman and CEO at Tower Resources set the London South East chat board alight with his RNS Reach announcement that he was speaking at Brewers Hall. Jeremy gave us a new timeline for his Cameroon drilling plans at the event, and then RNS’d it this morning at 7 AM. Well done to those chat board users who correctly guessed that sequence was possible.
Jeremy's Q&A broadened out to discuss Walvis Bay and a useful update on Namibia. #TRP at 01:32
Next to speak was Elaine Reynolds, the experienced Energy Analyst at Edison Group. She had a previous career at Shell and Texaco as a petrochemical engineer followed by a decade or more at Edison, who work with well known names in the E&P industry like Hurricane Energy, SDX and Petro Matad. Elaine chose to highlight the various new oil hotspots around the globe, and gave us her view on the massive hydrocarbon possibilities offshore Guyana and next door in offshore Suriname. She touched on North Slope Alaska – and one to watch out for, the less well known North Sea ??
And with a strong finish we had Keith Hiscock, CEO at Hardman & Co. Keith has over 35 years as a senior figure in the City and really does understand in detail how the stock market operates. Hardman have just published original research which proves the link between retail investors, liquidity and stock pricing. Keith took us through his workings to reach that conclusion, and it was very enlightening. He finished by explaining how marketmakers really work – which may not be how retail investors think they operate! His presentation really is well worth a watch.
