Member Info for BJoe

Two big 140k buys 10 mins before close amongst many smaller ones all day.

Certainly seems to be some upward momentum.

Good news being anticipated soon ????

JWB - Why don't you just stick to your pet HE1 (tuppeney share ) you have posted nearly 200 ramps since you joined the LSE board in mid-Jan.

You are undoubtedly clueless about AET & seem to have nothing better to do but post drivel on each & every one of the shares you comment on.

Get yourself a life!

Definitely something happening today with nearly all buys & a number of big ones later.

News expected soon ??

Today :

"Afentra is one of the best performers in the sector"

"With the Azule acquisition scheduled to be completed imminently, which will considerably add to the existing production and financial position, it being back loaded, which makes it a double whammy as it were and makes Afentra amongst the most attractive stocks in the bucket list. 

Https://seekingalpha.com/article/4657827-afentra-acquired-assets-worth-255m-with-only-37m-cash-heres-how

A couple of snippets:

Free cash flow machine!

On September 20th, in this webcast to shareholders, Paul McDade confirmed (at 5 minutes 20 mark) that Afentra’s free cash flow at $75+ Brent per barrel and after CAPEX would be circa $50 million and indeed it would be more -------

Afentra on this current asset alone will be generating in the region of $0.19 per share in free cash flow.

Sounds quite good to me!!

If I remember correctly PM said that they hoped to start with dividend payments within 3 yrs which takes us to 2026.

In any case I don't think a dividend allocation of 5-10% of FCF would affect their financial ability for future M&A activities

Late big sales - 600K + & 550K + - guess big shorters cutting their losses, amongst a lot of smaller ones.

Good sign that the SP is holding up at these levels in spite of all the selling.

Imho, once the shorters are out we should see some real improvement in the SP.

Quite happy to wait it out

Correct me if I am wrong but I thought I read that the AD would be posted first (revised now to early December) to be followed by the full completion of the Sonangol/ANPL deal before the end of this year.

Probably shorters trying to cut their losses asap now the writing is really on the wall

Rockrose ??

So what happened with Rokrose ??

Shorters with a total of nearly 8m shares between them!

Both yesterday & today. Non-ex. director raises existing holding to over 3m with another 150k @ 29.99

And today a massive 900k buy earlier in the day but only shown after hours.

Definitely something big & nice going to happen very soon.

GLA & happy days to those still in!

Going to be very tough on the nearly 8m 'shorters' I'm afraid. 30/40m debt will be cleared within 6mths max.

TerryMC1 is a relatively new (22-11-2022) full-time chat poster on at least 10 other sites on which he without exception consistently makes negative comments. (400 in the last 30 days!!)

Must be a super financial specialist to be able to cover so many companies & give such insightful financial comments on all of them.

Currently he seems to be targeting AET mostly & his continuous Finncap/debt comments are more of the same thing repeated like a cracked record.

Best not to react to his posts or better blank him out completely as he is excessively stupid & boring.

I have just filtered the idiot Terryxxx so he can concentrate on the umpteen other stocks he trolls every day.

Obviously has nothing better to do poor soul!

4,500 bbl/d @ say $70 = > $2.2m per week gross.

Very nice too & any debts should be paid off quite quickly.

You are quite right - but seeing the quite unrealistic '1.68 soon' I couldn't resist mentioning a few home truths.

Yes I have moved on & am doing rather well in fact - have since recovered a large proportion of my PMG losses & will be well ahead in the foreseeable future.

I wish you well & GLA to others.

Sorry to say it but the realities are:

That any GPA farm-in (on the go without any takers for more than 18mths) was already dead even before any restrictions & windfall taxes.

Nobody going to invest in it or any other of PMG's so called developments

The current Dutch producers are also coming under heavy restrictions & windfall taxes for the NL Gov. so any profits will be minimal in any case.

Current cash position will be swallowed up in decommissioning this year.

However there is good news in that TC's + others salaries will be just about covered by the windmills & 'green projects'.

Unfortunately it looks as if the SP will hit the same levels as before the re-rating, i.e. 15 now will = 1 then.

As a previously VLH of PMG (soon after the success of TC with Dana) I followed them for more than a decade but eventually gave up & cut my losses.

Again sorry for the above but somebody has to say it & for the sake of all still into PMG I hope I am wrong.

GLA

Incidentally I believe that RG is almost out of AET which should also be a positive.

Will be interesting to see the figures for the year end when the results are declared.
They are due to be posted very soon.