Member Info for Bootledodger

This isn't a "short term swing", we're a quarter way through period from FID to first oil, at no point has our curve moved upwards it that time.

Am I missing something?

But after financing the LC curves up - we've gone down.

Wouldn't that suggest this theory isn't in play here?

Not enough buyers NN.

Mind-boggling for me.

JPDM:

Yes...some cracking posters, G1/Galileo(?) from DES days spring to mind.

So sick of hearing that.

c.25% lower than high on FID day - when everyone was fully expecting £1+.

Horrendous.

If we do get a TO offer - this low price will 100% affect the final price.

Great post Tim.

Soon this market has to recognise what's about to happen down there?

I'd bite your hand off for £2.50, but (almost) everyone thought this would jump to £1+ immediately after FID, and in view of the sp performance since, I just can't see it getting to £2.50 before first oil and/or after a TO bid.

Il hope to God I'm proven wrong.

So would I Crofty...just can't see a near 100% uplift from here before end of year.

Let's hope I'm wrong!

Croft:

Just confirm my understanding, as you (and the 10 people voting up) have stated a "rise of", you are forecasting a year end price of anywhere between £1.80 and £2.80?

Cheers lad

Let's hope so FECM.

A 3 bagger from here would do!

You are born with intellect...you don't attain it.

I thought he was already CEO? He sounded excellent on that presentation last week.

It will indeed.

I'll party like a loon with family and friends if you're right Flipper...just sounds far too high for me.

Although I hope you're correct and I'm wrong!

Goodnight.

Flipper:

Just to confirm my understanding of you post earlier (and those 11, to date, who have upticked it):

1. You are expecting an early T/O due to global events?

2. You expect bidding to mirror the exampled purchase and end up with a buy out price of £9 per share?

TIA

Well judging by the tick ups on the OP and some comments - a £1.40 bid would attract some PI support.

The bigger question is - which way the II's would vote and would that get it over the line?

Myself?.....I would be very unhappy at anything under £2.25.

When you hear the calm, professional outlining of the near and mid term procedures pre and during production of this huge asset by thus experienced CEO - it begs one question:

How the fk are we at only 73p?

When does that kick in or was that wrong?

I appreciate not everyone has the time (or inclination) to read through the posts on the day of FID.

They are truly astonishing.

I am amazed posters haven't returned to acknowledge their mis-reading of our situation.

Just reread...you forecast £1 by end of year in the days AFTER FID and the sp had dropped.

NN:

that's fair enough - but who is applying a discount and how do they achieve it?