Member Info for Amonk84

Getting quoted 80p to sell my holding.

They're in demand.

This company is solely a lifstyle Co for the directors, I'm 98% down with this dog.

Luckily SEA has rescued me, 150% up and it can easily do that again from the current level in the next 12 months.

If you're under water already here, sorry, kiss it goodbye if you don't remove the ability for these crooks to fleece you, like they have me, and many others besides.

I meant this coming weekend ;)

If this is still below 80p by the weekend, I'd be very surprised.

Last year the board aquired an asset for free, then farmed out to £10m in March?

They have just won another asset and by the sounds of it, there a good chance of more being awarded.

One thing that caught my attention from the presentation, when asked about a takeover, Nick said "which way" and laughed it off. Have they got their eyes on a small operator?

Bump

Bump

Red, fair comment.

Like I said though, you're preaching to the quoir in here and burying really quite insightful posts.

If you really must continue, try keeping it to one thread as to not bury other discussions. When people do this to boards, it just gets reported to LSE and they purge all posts from said spammer. Just a heads up.

Red

I've told people who I know that invest.

My point being, your putting a lot of energy into hyping in a place that is already hyped. We know what we have here. All your actually doing is drowning out really informative posts with noise.

If anyone comes here having clocked SEA on the leader board, all they'll think is that this is a pump and dump because of you.

Are you solely here to squeeze as much out of your day trade as possible or genuinly in SEA for it's climb to 75p plus?

Hi Red

Love your enthusiasm mate, but would you be a star and take all this spamming to other boards and other platforms and spread the word where it is needed? You may actual help to bring new investers in, helping this share and maybe changing someones life for the better, when SEA really gets to fair value.

Thanks

They're going to see a significant cash injection from the farmout agreement. They're alluded to this being concluded before the end of the year.

SEA has enough cash through to Q1 2025. That's all they need until 2A has been signed

I'm way too confident to consider letting any of my shares go at these levels.

My SIP is staying until they start drilling Kertang at the very least.

My ISA, I may top slice at £1.5 for a free carry.

I wouldn't say no to $3m worth of shares. I wonder what price they are allowed to have them at?

With getting into 2A with Topaz to then partner with Longboat they're in for a huge pay day.

From the Topaz acquisition...

Longboat Energy said the acquisition will be satisfied in three tranches: the issue of new shares worth USD100,000 upon completion; USD125,000 paid in cash or further issue of new shares upon an exploration well being committed on block 2A or a farm-out; and USD3.0 million paid in cash or new shares upon a discovery being made on block 2A, depending on the resource size and the growth in share price measured over a two-year period.

For anyone new here, SEA changed their name from Longboat energy last month.

All their RNS's are under the ticker LBE.L on here.

It's very missleading for new investers on here, reading down the most recent RNS's to then start reading about the failed comapany Sea Energy PLC. A completetly unrelated entity.

Farmout partner is extpected before Christmas, which will bring with it a huge leap towards production. I beleive it's already been stated that SEA will retain a 15% stake in Kertang. The sheer size of Kertang, it's proximity to infrastructure and it's readiness should see SEA negotiate a sizable cash advance. This alone is why they mentioned a £14 share price.

Now factor in the recent DRO awarded, which they have alluded to being one of many possibilities. If they only realise one more SFA at practically zero cost, that's more than enough for an Mcap multiples of where we are.

Granted the sp will only move with market sentiment but with such a short timescale for both assets, I can see this climbing significantly before 2025.

I can't imagine a drop of any significance now, profit takers yes but the historical trading action here simply won't have any connection to the assets they've just aquired.

There's was some decent size sells this morning and we weathered that.

Fantastic volume today.

What will tomorrow bring?

They've got more opportunities being offered that their team can look at.

Lets hope they can secure something else substantial and increase that sp potential.

The upside here within such a short timeframe is nuts.

£14 unrisked is just insane and they're not going to stop looking for more prospects there.

Really happy with my investment here and I'll be looking to free up more funds asap.