Member Info for Alexios

~58p equivalent or ~£4.1Bm Mcap will move SXX to #100 of the largest companies listed in London

All Time High of ~51.4p 23Aug2016

Mid July the earliest

Elevated gas through the mud column and it's a kick or blowout
https://www.glossary.oilfield.slb.com/en/Terms/b/background_gas.aspx

Big ouch

Seen Deep Horizon movie?

Link to doc tweeted by Al

https://twitter.com/Share_Talk/status/1125116950630338560?s=19

Stop embarrassing yourselves fellas.

All there in Deloitte CPR doc last pages

Gas Target- Kirkham Abbey 51-60% COS
Oil Target- Cadeby Reef 26% COS

Could someone please drop the link to FDA minutes here please
Ta

The good thing about conversions is that floor here is at 0.1p
EHGOS love these conversions at nominal oherwise it is not worth the hassle

Abman,

Longtime no see

Where you've been hiding ;)

Well done in NFX

Any ideas what is this shell for???

I see they raised £1M at 1p

200m shares in issue, so at 2.5p mid Mcap is £5M

What is here exactly to add £4M value on this shell???
They have 2years to do RTO, so plenty of time to ride it up and down few times.

Watching and waiting to see if anything surfaces re:target comoany for RTO...

Did they flow at TLP103C???

Cannot recall seing DST mentioned...

How can they upgrade the volumetrics without the flowtests done???

Or can they???

The only flowrates guidance they have is from R zones, Mengo and Djeno need flowtests done before they do the CPR otherwise they don't have the reservoir performance details is it not...

Something is horribly spoofy here fellas or is it just me uber cautious???

Covenants breached for FY 2018???

Net Debt £63M(unaudited)
EBITDA for FY 2018 ???
Haven't seen it mentioned yet, only figure mentioned was £23-28M for FY 2019

And Net Debt for FY 2019???

Covenant waiver from the banks expected...

Watching with interest

Read this

https://twitter.com/Ben_Turney/status/1133773988495278083?s=19
The company is becoming AIM Rule 15 Shell with 6months timeframe for RTO after the sales is completed

https://twitter.com/Alexios1201/status/1133797274201612288?s=19

Hi Ezhik,

West Newton A1 top of Kirkham Abbey formation was at 1683m TVDSS.
Kirkham Abbey formation 82m thick. Gas Target between 1683-1765m TVDSS, not sure on gas pay thickness.

Not deramping, just trying to calc the cash in June 2019

If you say it is ~£370k Cash then fine by me.

So listing on the Main Market will cost ~£150-200k

Leaves £170-220k Cash on listing or 6months cash or enough cash till end of 2019

But lets not worry too much about it yet...

The main target is listing on the main market as soon as possible...

Sad to see plenty locked in for so long while this relist is still ongoing.

I was a strong supporter of inft previously and never realised that relist will take so long.

Good Fortunes all

Fingers crossed they will relist by end of the year

COPL shares are NPV, no par value, zero, nicht, nada

Falling profits push M&S to brink of relegation from FTSE 100

https://www.thetimes.co.uk/article/ba644688-7cd2-11e9-9cce-178843284a7a

Part paid off part written off I understood

Need someone else to confirm

Alan,

Most if not all the Debt was written off I was told

FTSE100 exit is ~192p
After RI shares are added to the total shares in issue

FTSE100 exit level is ~£3.742Bn Mcap now

RI's done at 185p

Link to the article please