Member Info for BigBear2

Mms not expecting news any time soon.
RMP usually as leaky as a sieve

2 yrs lol

There is zero incentive for a farm in. Simply let these lot run out of cash in 2 hrs time.
The alternative would be for BOR to do what HUR did do a huge dilution, secure a rig (they must be dirt cheap now) and get the appraisal done.

Great news to get cash
Not so great on vwap type funding.
I am in kefi and although like there the prize is great constant conversions will decimate value short term.

Can’t understand why mms do this they are making zero coin due to lack of trades. Unless these old duffers sell out to RKH there is no near term value mover as Brent will be o. It’s ass till at least June.

pathetic spread sort it mms

Not sure how this will be taken by the market.ANS still not paying up and govt may Step in ... by end of June

Happening at this silly price

24 mill
Was raised @ 0.9....equiv to current mkt cap
That’s a huge commitment for AIM

Further to its announcement on 7 October 2019, Reabold, the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce a proposed Placing of 2,666,666,666 new ordinary shares (the "Placing Shares") at a price of 0.9 pence per Placing Share (the "Placing Price") raising £24 million.

The Placing is being conducted through an accelerated Bookbuild (the "Bookbuild") which will be launched immediately following this announcement and will be made available to eligible institutional investors in accordance with the terms and conditions set out in Appendix 1 to this announcement.

This looks VERY cheap, just took a few. Well funded and well run outfit.

Break even in 30s poo @16.
Watt more cost cuts needed

Ugandans messed up the farro in by being pedantic over a few hundred mill tax on a project worth many billions. Kenya we are also in dispute over tax rebate.
It’s all about Brent which right now is shocking

Brent @16

New CEO may in time do well. But even if Brent was not on its ass his appointment would not have done much as he is not a big hitter. If we had someone with major ceo experience then yes a bump up.
We have a hungry guy stepping up with a point to prove.

It was not pass the soap today expected about a 30 percent hit

IMHO NO due to Brent.
Long term yes and more

My problem is the best assets are not making coin(eg baja) and the rest they could not flog if they wanted to. Yup dirt cheap but hard to see a recovery path

I think we’ll see Brent around 15 first

Getting smashed sub 22

Looking v grim the US assets must be losing a shedload with limited cash dunno if we can stay afloat