Member Info for BigBear2

44.6
HUR still on its ass..
Correction has to occur

Mms just crashed it to red on no volume again

Apparently the price of Brent has no relevance to us quite strange I am sure we are currently pumping 15k bopd?

Thank goodness for that. Thought the sp was broken daily ass kick is resumed.

I am not sure msmn can get debt at present...

Personally I would much rather they kept Welch. Aside from Baja plays it’s the least cash expensive and most consistent asset. I was not de ramping about a possible equity top up, I would much rather they dumped arkoma kept Welch and did a moderate raise to cover any baja costs near term...

No I have a reasonable holding thx and added @ 0.9
I’ve been around msmn for many years and was simply wondering if JB would plug the near term cash gap (Eg with no Welch sake)with some more equity after proactive as this has been the usual pattern over the years.

Considering we have just seen this sale fall through and we have a presentation with noticeable pr push I wonder if JB will place again ...

Prem have a shedload of debt but it would be an easy win for their portfolio with sea lion on the back burner cheeky bid for say 15 p may fly...

Could be a hostile takeover if rbd hoover up enough stock

Way too low I’d say they need to at least add 70 percent on their price the company is under no financial stress so why on earth would they entertain a low ball offer

Tick tock Pelhsm should be fully out soon

Someone talking some sense....
Our debt for a producer is tiny...
So cheap it’s just plain silly, but for some it would seem not cheap enough.
Roll on next production update and Lincoln Crestal news

Rock rose has billions of debt...which has to be settled in event of take over.

That’s my assumption but we don’t know that just because 6 well was producing 12k does not mean that 7 well is producing a trickle....until we here it from the horses mouth.
Having said that if we did for example get steady state production of say 17k with 7 well choked back them happy days

What I want to see is how much is the 7 well producing from the 15k, and of course how much water is being produced. We also are awaiting imminent use on potential Crestal tie back.....simmering nicely as we await Pelham being fully out

Sick of the consistent retrace to 6p
Borderline insane valuation for a company with low debt low capex and low geo risk.
I disagree with those who say not a t/o target it’s plain silly cheap.

Should get an RNS when Pelham are at zero can’t see the back of these lot fast enough

Pelham are under 3 percent last dregs being drip fed

Last dregs of them
Fully clearing I would wager then a major bounce coming