The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.
This paragraph from the email installs me with confidence.
The Board at Deltic remains fully committed to maximising value for shareholders. Having delivered the exploration success that is a key part of our strategy, the Company are engaged in an active formal process to pursue the value crystallisation options that exist which may involve monetisation and/or farm down of an element our equity interest in both Pensacola and Selene. This process is ongoing and we will update the market in due course at the appropriate time.
Email from Graham, im topping up at these levels. GLALTH, also hope you know who has gone...
Thank you for your enquiry.
The Board at Deltic remains fully committed to maximising value for shareholders. Having delivered the exploration success that is a key part of our strategy, the Company are engaged in an active formal process to pursue the value crystallisation options that exist which may involve monetisation and/or farm down of an element our equity interest in both Pensacola and Selene. This process is ongoing and we will update the market in due course at the appropriate time.
At the same time, we are also continuing to take steps to ensure that the value of the success at Pensacola (and the potential of Selene) is understood and continue to engage with investors, analysts and media to promote the equity story, and look forward to updating shareholders as each of these projects progress towards the next phase of development.
In the meantime, on behalf of Deltic, we appreciate your continued support.
Was close to 80p less than a year ago, before the gas find and latest appraisal. GLALTH. Biggest bargain on AIM with Shell on board and people worrying about North Sea gas under the next government. Why ? Labour have stated that they will honour the latest licence awards and do you think our country is going to rely on wind farms and solar panels in the near future ? Get real !!
Dear XXX
Thank you for your enquiry.
This morning we have announced a very positive update on the significant progress on the Pensacola Discovery following our post well analysis, which includes a major increase in volumes of oil and gas.
Pensacola Resource Estimate Significant Increase - 07:00:02 12 Jul 2023 - DELT News article | London Stock Exchange
This represents a very significant development for Deltic and hopefully goes some way to addressing your concern around news flow and progress.
Best regards
Graham
Deltic Energy Plc
1st Floor, 150 Waterloo Road,
London, SE1 8SB
www.delticenergy.com