Member Info for Brombarb

11:06
yes the important bit "the Company is now set to be debt free with reduced annual overheads of over US$1 million in associated finance costs"
As you say sale would always have been to an oil producer able to offset against tax and at this point we should not over read the situation, I know that DW had got close before but probably with ANS at $70+ and tax liabilities increasing the producers feel more benefit.
Just pleased it's off our shoulders.

10:25
" - It's amazing how a bot of news drives so many alternative views."
Not surprising when you consider the mix of aims and objectives that drive the various posters on this board :-)

08:18 correct, the original loan was secured against the tax credits and that continued when renegotiated with Brevet as detailed in the last Annual report.
SOA would have continued to repay in a piecemeal fashion and even if the bond scheme had worked we would have taken a haircut (7-11% from memory) so this can only be good news as far as I can see, interest payments have been a significant part of our cash burn.
https://clients3.weblink.com.au/pdf/88E/01965134.pdf

21:04 I will try to keep an open mind :-)

11:30
I just wonder why someone of Tom Stoke's and Kevin Frank's positions would make comments / endorse as below.
https://www.petroleumnews.com/pntruncate/90654407.shtml

sorry should have been 15:14

"13:34 Be interested to see if your thoughts on date of next ANN are correct :-)"

13:34 Be interested to see if your thoughts on date of next ANN are correct :-)

OTC volume already ahead of London volumes today

13:34 interesting posting history :-)

OTC already at near double AIM volume with hours yet to go.
https://www.cnbc.com/quotes/EEENF?qsearchterm=
based on London Stock Exchange 16:02 hours

12:35 we managed a FO with APDC based on interpretation of historical data and trends, we now have more data and that is being processed as we speak, industry will know what it is looking for (I hope) :-)

if there is to be a next drill season then I would be expecting (hopefully) news of a Farm Out partner late summer - autumn time so there may be positive news flow well before the winter drilling season + of course final results from Peregrine.
OTC has also introduced a new dynamic and is regularly trading at higher volumes than AIM.
We will have to see what happens.

500,000 blocks @ 15:32hrs, EEENF ?

11:41
Keefy you need to know where to look :-)
https://www.asx.com.au/asxpdf/20140415/pdf/42p07g80qc4xjp.pdf

https://gov.alaska.gov/newsroom/2021/06/15/dunleavy-issues-statement-on-federal-action-to-resume-oil-and-gas-leasing-program/

11:02
what is positive for Alaska is probably positive for us.

ALASKA CRUDE
West Coast Delivery
$73.92
+$1.08
6/15/2021

https://dog.dnr.alaska.gov/Newsroom/

https://www.cnbc.com/quotes/EEENF?qsearchterm=

40.7M (0.32%)

0.022 AUD = 0.0119 GBP

ASX(close)
2.2¢ 0.00%
VOLUME 32.08M

Chi-X (close)
2.1¢ 0.00%
VOLUME 8.611M

bit more from aidea
http://www.aidea.org/Programs/Project-Development/1002-Area

http://www.aidea.org/Portals/0/PressReleases/PR%20061121_%201002%20Lease%20Suspension%20DOI%20Response_Final.pdf?ver=4QaznAaUu94Sz9pAeIUXkQ%3d%3d