Member Info for Bauchsapt

4p post farmout agreement if deals in our favour

Have you sold out again lol

Thank you for your enquiry.

 

Preparations for the 2026 programme are continuing to progress as we approach the end of the winter season, and we are in discussions with our partners on how they can continue to support us. 

 

We will update the market on specifics in due course, which will of course include the continuation of production at Block XX.  

Just got this from IR

The longer the time period where no operational updates or farmout news. The more likely the whole block may get sold to PC. With the oil prices going the way they are the negotiation power that buck has now has never been stronger to pull this one off. We could be on our way to a major re rate imo.

Kr with a conscience would you believe it.

Personally tbt I think hamm is more disgusting than the other derampers here at least they are honest in what they do. Hamm has obviously bought in so now ramping. He wont reply to any of the questions that we ask that how much he bought in for recently. Youre correct he should be a politician. Im surprised hes not proposed to raise our taxes in his nonsense posts.

Wow hamm you didnt mention a raise. Bought back again? What price did you buy at?

Someone's confident.

If I was PC and I had a lot of cash to hand i would just buy the whole block for 100% of profits. That deal makes sense for all. Esp shareholders where the sp would literally rocket for all.

Tbt im never really lucky but im hoping that this one could surprise us all. Imagine waking up that morning where the blocks been sold for £200m and the share price opens up 1000% up.

Proquo today is Thursday buddy still got Friday to come ;)

Tbt I would happily take if they sell the block for £200-300m considering buck was saying 150-200m before gazelle surprised us all. My target price is not too high from here just need approx 4p; this happens and me and my family are sorted. I wouldnt want to accept too much % giveaway for a low cash up front as the market and all these trolls will jump at the chance to kill the company. Hopefully a fair deal or complete sell out of the block will be announced next week.

Tbt whats your expectations for the farm out? Whats a good farmout look to you and what sp can you see this moving to post deal? I reckon 3-4p as a minimum for me i reckon there will be a lot of profit taking along the way.

I cant imagine buck to sell out 50% of future profits for $15m you might as well go to the market get a placing done and go at it yourself and keep 100%. What a load of nonsense krok

Thanks abzzba appreciate it.

Hamm the only commentary that is constantly going on is your nonsense. When the farm out news drops are you going to apologise to everyone on here?

"Bauchsapt, quite correct, MB stated MATAD would remain as operator ie hold 50% plus, reasons for this are obvious, we can claim back around 70 million dollars from previous expenditure against future year profits."

Sorry was supposed to message about this what do you mean about can claim back 70million expenditure sorry for the potential silly question

@ hamm

You do know were all adults here and we can read your history that you flip flop positive to negative. Right now you want the sp to drop so you can get in lower but I hope you miss out on the farm out agreement rns and have to buy in 300% higher. Kind regards shamm

@

Hamm with respect please shut up

At how our share price hasnt gone up considering the amount of money we get per bopd has increased by nearly 30-40% over the last couple of weeks. If we were at 2p before the farm out agreements we could hit higher figures fall all. Crazy markets.

Bucks already mentioned in his previous interview that itll be for less than 50% give away so even a 70/30 split will be a decent result imo. All depends on how much cash the partner is willing to put in for the %. The recent POO increase will definitely have helped bucks negotiation power.

Tbt he will not answer your question as he ignored my question when I asked if hes sold out. Hopefully FO agreement 7am monday morning and a 200% gap up so itll be impossible with his games to get in at basement prices like this.