Member Info for Banburyboy

H5O - Not the most professional of back grounds for a CEO.
Many on here would not use the word great.
I know the past is the past but that backdrop and the debacle with negotiating with an individual with no authority in DRC - does give RRR a look of the keystone cops rather than a serious company.
Add in Bells son and its even more sureael. But soon Rodney soon.

Hotticket - I would just filter him its dead easy.
I did share his concern that you and bubbles were very "glass completely full" in your posts. But good you acknowledge risk of significant employee share options and fund raise which I think will be triggered by 5p and dissipate the stratospheric gains others are touting. Hope I'm wrong but the CEO has done similer before.

Hotticket - I would just filter him its dead easy.
I did share his concern that you and bubbles were very "glass completely full" in your posts. But good you acknowledge risk of significant employee share options and fund raise which I think will be triggered by 5p and dissipate the stratospheric gains others are touting. Hope I'm wrong but the CEO has done similer.

The initial posting had the son as Ross Edward Bell - who was attached to the company providing the loan.
The posting by helpfull was for a Fredrick Bell.
Seem like different people. Anyone know

Mineckeck - agreed its against the grain for Tories particularly Truss but its a million miles away from nationalisation.
The assets would be privately controlled you would just have a cap on all unhedged output at say £2 a therm to HMG for a temporary period.
If I wasn't a SH I think it's a pretty good move, operable from within what happens now with hedging and probably less of a discencentive than the WT to future investment decisions. By discentive I mean from a tax payer perspective 90% releif encourages marginal decision making which would not see the light of day in normal times.
If production costs are 15p a therm at £2 cap windfall tax is 25% of £1.85 = 45p a therm.
So a cap of £2 is worth £2.45 with no windfall tax.
Figures illustrative only but Tories could sell this a minimal "light" market intervention driven by necessity.
Interesting times !

I do wonder if HMT are exploring the feasibility of direct intervention on the price of NS gas due to the rather crazy volatility.
They would need primary legislation to put a cap on the price NS can be sold off and require it all to be sold in the UK.
It's not nationalisation and very similer to what Ofgen do.
They could dress it up as instead of the WF tax and a temporary measure.
Stuff leaks from HMT even if it's just blue sky thinking.
Would explain SQZ being hammered more than others. All NS all unhedged all gas so impacted more. Pure conjecture but interesting.

Hawai5o - a debt issued by his family raises more questions . I hope you are joking !
- is there not a duty to disclose a relatew d party.
- any winding up of the company debt holders have a first call on assets. Is this the bail out plan for when the fat lady sings ?
Congo is more binary than Greenland and Mt Ida which were spun out for years. If we've heard nothing on Congo by new year it's a dud.

Vlad in HBR and agree. Only downside there is large SHs Noble BoA who have stood accused of price manipulating. Don't understand it completely but seems a constant theme of informed posters.
Think SQZ at£4.50 is good value even without North Eig. From what I can see that would double reserves if successful which must be worth a significant push up in SP.

Spec investor - I won't say that but as many know this is AB run - nothing simple or straightforward.
The double edged sword is he will fund raise off even a modest SP rise at a discount to " high worth " individuals which will dilute any gains of long suffering holders.
Less a case of soon Rodney soon" . More heads you lose tails you lose.

Nice if you could tone it down a bit. Most on here don't have the rather agitated views on politics you do and are here for informative views on the market and company. The Lloyd's board is a great example of the rot setting in and is great for postting debating politics. Thanks

Clintek - auditors have material concerns on revenue recognition . Debt provisioning and stock valuation. That's a full house and as a big four qualified I would be really carefull here. If they have bond holders or even bank debt it could be game over even if there is value in the company re MCLS quite recently - suspension never good.

Suspension is in my experience a terrible sign. This may be different but what's the short story on why posters here seem confident. Many thanks

Joey - Frasier is funny so I'm with you. My comment which has sailed over you is it's a bit sad to be lifting quotes and recording episodes and series whilst trying to call Noel sad. Nothing more really.
Anyway all of us here want DELT to do well so let's all agree and hope that happens.

Joey
A double edged sword.
Very subtley put as describing someone who is sad. I find it weird quoting not only an American sit com but the episode and number.
As the old saying it takes one to know one.

What's never mentioned is customer behaviour.
I would be amazed if we did not see a 20% reduction in demand as people are much more considered on use of heating. I know many are vulnerable but this the vast majority who are not.
HMG introduced cold weather payments twenty years ago. They are triggered if temp hit zero on seven consecutive days by postcode. Expenditure has been next to nothing for five years due to warm winters.
My point is generally a lot to suggest demand will fall which in itself will make gas prices more sustainable.

Comrie / Kayel you both touch on to me the single biggest issue
If the hedge is 57p and we realise 69p . It implies 80% plus of sales are hedged. Seem too high.
Great to understand this ? I am hoping they are satisfying Q3 and 4 hedges as they were anticipating higher prices. That would be great. Does anyone know the maths

The 100th company is £4.1bn.
Anything above 470 should mean are in and give SP a boost. Delighted with today

No one interested intangibles and what we spend the money on.
We have a bubble a hot air (sorry ticket) and Micky. Sorry guys but you dont bring much to the board other than hyperbole.
Hope we do well though
Our CEO is called Swindells any plays his cards close to his chest. Intagables could tell a story but never-ending hyperboles more fun. 10p by Friday :)

Good to know what they have spent on these and why I can see no details.
Probably innocent but the sceptic in me worries about a fund raise. They say they ate fully funded but burn is three fold higher than previous six months

430 to sell what a great week