focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Expecting a 12p close. DYOR - not investment advice.
Apart from Spells like Team Spirit + CA. Spirit put in a huge investment, they will want some return...
230m USD at 7.5% not 258 m USD at 8%.
Secondary markets - bonds trading at 28 -30 cents...in the USD, so HUR could dramatically reduce debt by purchasing CBs on secondary market, as suggested by 1) Stu and 2) Richard B from CA
What ramping Kaboom? It's clear the EPS is performing below expectations and that WC is a problem with either remedial action or a new well needed or a Lincoln tieback well.
Nonetheless, CA see value....otherwise they would NOT have topped up hugely.
Shorters get issued shares? You really have no idea Kaboom. !! CB'swould be issued shares....not the shorters.
Slift, you won't believe my bad luck, guess where my other major investment is? TLW!!
I know all the background having been in here on and off the past few years. I know the 1 billion asset sales commitment to get the RBL. My question is what if Kenya can't be sold, where will shortfall come from? Is there a risk of RI, and how dilutive? Or could farm downs in Guyana Suriname be sufficient? What does new CEO have in mind for CMD??? Many thanks.
Sorry, that should read to reduce interest payments by buying up convertibles on secondary markets...
Kaboom, 106 m cash , no debt due until July 2022.....no going concern statement, ability to purchase CBS at 30 cents 70% below par on secondary markets and to reduce interest rates. Watch this space
Does anybody else find the SP movement pattern very controlled? It has been going on for a long time...very ltd movement (apart from the 50% painful down days ).
Kerogen are selling out....or they want to get off the board so they can increase their stake. If CA increasing too....could shorters get nervous?
Smells like Team Spirit. Remember Gasman's post???
HUr have plenty of capital to pay bond interest....so not too dissimilar to others struggling to pay down the principal. Kick it down the road, do a new well and invest
Sxx had no revenue. A cheap TO could still be on cards...sadly
Kaboom. CA have massively increased, so they see value....
Maybe he found Bev and the team overly conservative?
Contemplating changing the epithet to TXPbear
I agree Groover. But I'm trying to avoid the emergence of groupthink here....
55018, it's early stage. The euphoria soon wears off. GLA
Will do once markets open ....
Arent natural gas prices at all time lows? GLA