Member Info for BigSi

I think if you adjust your view from a PI shareholders to that of a BOD or CEO - if BPC went into administration the shareholders would loose short term - however by saving the company BIZZELL AND MATES - Eytan and co were able to continue taking hundreds of thousands in salaries and fees - nice payback for a comparatively measly purchase of stock to save the company. That is not to say I am currently negative SEI- they got lucky with Uruguay - funding was always key - Chevron deal was a game changer

It seems an obvious conclusion at the time that Bizzell bought into “mates” BPC to prevent it from going under -

If the volume opens high in London there is a good chance news is due to break

Significantly reduced interest in trading CEG POST buyout - however that said …

• By handing operatorship to TotalEnergies and trimming its stake, Galp is effectively de-risking Mopane — shifting some financial and operational burden while keeping a significant share.

• The asset-swap grants Galp exposure to other promising blocks (PEL 56 & 91), diversifying its Namibian portfolio rather than concentrating solely on Mopane.

• The joint drilling programme planned for 2026 could fast-track Mopane’s development — potentially transforming it from exploration asset into a producing hub.

• From a broader industry perspective, the move strengthens the position of TotalEnergies in Namibia’s offshore sector and reflects growing investor confidence in the Orange Basin

Stifel is CEG joint broker -

Of course they are repeatedly trading -

Challenger Energy Group PLC announced that both the Court Meeting and General Meeting held on November 26, 2025, approved the recommended all-share acquisition by Sintana Energy Inc. The requisite majorities of Scheme Shareholders and Challenger Shareholders voted in favour of the scheme of arrangement, satisfying conditions 2.1 and 2.2. Completion of the acquisition is anticipated on December 11, 2025, subject to court sanction and other remaining conditions. Following this, Challenger shares are expected to be delisted from AIM, with Sintana shares to be admitted to the TSXV, and potentially AIM

Proxy votes required by today to be included -

However the 26th is the key date

The Court Meeting and the General Meeting are each to be held at the Company's registered office at The Engine House, Alexandra Road, Castletown, Isle of Man IM9 1TG on 26 November 2025. The Court Meeting will start at 12:00 p.m. and the General Meeting will start at 12:15 p.m. (or as soon thereafter as the Court Meeting has concluded or been adjourned

1D 1W 1M 6m or 5yr chart paint a different picture

Upwards trend

Eytan to be an executive and serve as president of new company -

16.6p - seems low but the upside is still there from OFF1 and OFF3

Still undervalued at 26m market cap given the fundamentals.

Back at same SP it opened up at 18months ago when RNS for Chevron deal landed.

30-40m market capitalisation excluding OFF3 is not unreasonable IMO

Completion of our AREA OFF-3 technical work program has put us in a position to commence a formal farmout process for that block, which we began effective 1 September 2025

Https://www.viridiengroup.com/data/seismic-data/uruguay-3d-reimaging

https://www.tgs.com/seismic/multi-client/latin-america/uruguay

Hmmmm.

Linton got mugged off but was consistently warned by myself and others of the funding issues and continued subsequent shareholder destruction of value - along with the risk 10% COCS of being invested at TD - he responded with awful vitriol and spite - with a hateful and dishonest campaign against anyone with any sceptical or pragmatic genuine warnings as to risks) now this serial looser is subsequently still bitter at this company 5 years post wipeout - however as pointed out - this fundamentals / financial situation and prospects have COMPLETELY changed. whilst once a significant critic of this company in its various guises I am now a significant (according to my finances) investor. GLA -

“Inviting” a JV partner carries no guarantee that one will be secured or notably that anyone would be interested-

RNS wording from cash strapped non profitable - repeatably diluting companies have to be taken with a pinch of salt - as it ever was

Anyone have a link or script of lonny tweet?

TVM

Just to clarify that there has never been an RNS for II holdings - for Halifax’s - Hargreaves or Barclays wealth etc - as these are brokers - holding shares in trading / investment accounts for PIs

Fair observation- however the fundamentals are strong - and CEG - unlike its past iterations has a very credible partner - renowned IIs - Charleston - and importantly is FULLY FUNDED for foreseeable future

Lol- switch to IG which is only £3 per trade

I think you’ll find that it hasn’t increased - look at the threshold crossed date - this is the loan conversion holding TR1 I believe