Member Info for Akhtar234

Fair shout, Tullow is a stronger position now and the RNS exceeded. With RBL backing and we continue to progress, this is going in the right direction. The algos will kick in as every reporter have caught up and picked up the turnaround. Like Glencore this will rise again.

For those not are the hedging is floor price it kicks in when oil drops below that price. We are benefitting at current prices

Rob market is irrational but lots of good news and this will push forward. If you read a lot of bank analysts they got it wrong, in terms of cashflow and net debt to ebitda. I am dissapointed we have not gone past £3, when that will happen who know but you would have thought we have had no good news and oil is at 50

Very good RNS. Was in pmo and that has started to move, this will . It has caught a lot of analysts out.

I post on satoshipay if you search by that you should find me mate

Go on twitter rob, a few groups set up with like minded individuals trading stocks

Rob, utricky , lloyds gels down due to uk focussed and Brexit uncertainty. They are due a rerate. I am not happy with where the share price is with recent updates and good news I would still expected it to have been around this range if oil was around 55-60. But let’s see, premier has started rising after the good news let’s see here . Gla

* i don't think I have missed anything from the assumptions, but anyone spots anything please call out.

Rob, I am hoping we get closer to �3 now, I want more, but one step at a time mate. Angus, talks that with oil in 60's they should meet the 2.5 times this year easily, below are scenarios of cash flow & earnings (Ignoring write downs) for 2018 90,000 Bpd Oil variable - different scenarios Opex - $10 Admin cost - $110m Interest Payments - $200m (Will reduce as we continue to pay debt) Tax - $150m ( I am being generous) Oil = $50 Cash flow ignoring debt payment + Capex = $1.05bn Oil = $60 Cash flow ignoring debt payment + Capex = $1.38bn Oil = $70 Cash flow ignoring debt payment + Capex = $1.71bn So in above scenarios we have a range of $1.1 - $1.7bn, lets take the middle $1.3bn, assume Capex (Including explration $0.5bn , we are left with $0.8bn. This does not include the monies expected this year for Uganda c$0.2bn, so this year we could have $1bn to pay off in debt, which will reduce the net debt position but if they choose to pay the debt down could result in lower interest payments. Now, there could be a few bits of the assumption that can flex and I am not sure if I have missed anything off, but as we continue to benefit with this oil price and reduce debt our position gets stronger. I called $60 oil end of 2017 and was glad it superceeded, but if we assume an average price of $60 oil this year we reduce net debt down significantly.

This is over due a rise, with oil knocking on the door at 70 and if Production guidance rerate confirmed, we should start moving up. Rob, Blu is frustrating at the moment. I was gutted had a choice between that and Vela, Vela increased 5 times, Blu 50 % for me so far

Glad you too made up on here. Lets now all wait for the multibagger to come.

GW exciting times ahead mate, cant wait for updates from Meinhard

Finding a stable currency is key, but the technology is there

How about the below? "Most of our future publishers won�t know or fully understand cryptocurrencies, and they shouldn�t have to. This is why we partnered with TEMPO, a French money transfer company with a banking license, to allow publishers to be paid out via bank transfer. TEMPO also issues a Euro token called EURT on the Stellar network. It allows to transfer asset tokens that will always be pegged to the Euro, and not fluctuate due to cryptocurrency exchange rates. We are currently exploring how we can use EURT within SatoshiPay."

Lol GW

Think we know about multibag , but my first target is 1p now which is overdue. Stellar rise has helped and would be nice to get more free lumens for users. Should have 100k users and growing base, key is how do we get more content providers to buy into satoshi and with the credit card update how that increase the business going forward. Which it will.

You too Viera, but we dont need to own 100% in my view, you want the owners to be incentivised and holding a sizeable share in a growing company is no small feat.

I have tried to set up a number of meetings between him and a wider group of investors and avoided it as he is a coward, plain and simple. Managing as best as he can to avoid people payrolling him.

TBH, i should have dumped this c rap a long time ago, but i have bought some in blockchain and doing well. My advice for anyone stay clear of this company and look at Howe, he is a disgrace

Viera you dont think it would surpass that? I mean look at Lionsgold and the value of the free lumens has been superb. Like to see what this year brings us as last year was improving the technology, this year will be commercialisation.