Member Info for Bubblepoint

Quarterly gas sales income £5.42m (less 4%) = £5.2m

They were achieving this and higher in the past, as said £37.1 MILLION in revenue over that pre suspension 24 months, which equates to an average of £4.6M per quarter, they paid ZERO debt during the whole period from revenue, and were borderline skint prior to suspension. WHERE is the RETAIL upside, and where is the revenue above Opex to pay the debt sinkhole ? NO ONE can answer as USUAL !!

""Bubblepoint stated below, he forgot to mention the excellent foresight of the board to lock in hedges at £1.40, I wonder why?""

Sufc, THEY HAD NO CHOICE but to risk it and lock SHORT TERM hedges in, wise in their DIRE DEFAULT position, though you would be cursing them if the prices had gone through the roof to 500-600 etc, LIKE LAST TIME lol...

As said, they are sticking plaster hedges, to try and cover the costly renegotiated debt that will undoubtedly be expensive and with penalties applies applied.

""You appear to know more about this conflict than the leaderships of either the USA or Iran!""

Whatever Ocelot, you just stay focused on what your bosses tell you to pump out,, As for Trump, it is pretty clear he doesn't know that much, his attitude is to use brute force & ignorance, which is clearly NOT the way it works....... Let the market tell the story, as RIGHT NOW it shows they feel the issue of hydrocarbons is lessening, did you bosses not teach you anything ??

Ahhhh good old FARtoomany,,, thing you MUST remember is that it WILL be back to typical prices just as FAST as it went up once they kiss & make up,... mark my words.. yes it is a "little" windfall for this incompetent & still driverless shower, but it still is not enough, it will pay all the bills and cover their Opex but for retail !!! NADA... it remains fully undermined !!!

Well I hate to spoil your profits of war party, but it is slowly heading down 120, same with oil, anyway, I am sure the few extra quid will come in handy for their bonuses and hobnob restock

NOOOOOOOO Wasred, you cannot say that !!!

This ermmm "conflict" is JUST the "get out of jail free" card this shower needed, on a scale about the same as someone on dialysis waiting for a kidney...

So it's MAGA courtesy of the mad man himself, that's "Make Angus Great Again" from the proceeds of war..............

Nice if they shared them with the owners perhaps?

They did, Trafigura, who pretty much own them in all but name, and allowed them time to improve production to make sure they can cover ALL their DEFAULTED debts and penalties.

Ohhhh dear, have the rainbow chasing police been out AGAIN lol,... no problem, it WON'T change the outcome !! AND some of us KNOW what to expect !!

It does make me laugh somewhat, that so many pom pom waverz on here bark about me ALL THE TIME, with their various accusations.

WHY ? why bother even responding ? your ALL so certain this is in the bag right ??

Therefore it matters not a jot what is posted on here, switch off, wait for that all important multibag RNS alert and rake in your profits right ??

In the meantime, while we are suspended and driverless and engulfed in a sinkhole of various debt, I WILL continue to post MY honest opinion and FACTS on this shower of sheite to ensure newbies don't make themselves the escape route for the desperate Pom pom brigade.

Another Friday rolls on zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

yeah, lets wish on wwiii to be the get out of jail free card for this shower of incompetence.

mind you, ****roaches would apparently survive a nuclear war too.

Awwww Sufc doesn't know how to use filter! wants everyone to blanked ignore lololol,,, yeah OF COURSE I have a ferkin green agenda, in the OIL INDUSTRY since 1988 PROPER PMSL... what it translates to is I he doesn't want to hear REALITY, just pom pom carp lol... heyhooo

Please ignore all the Pom pom brigade, it is clear they have an agenda lol...

SAME old, Same old shower of sheite, inhouse incompetence, still without a driver, and when they NEED to be demonstrating they are on their game.

Don't blame the Auditors, it is down to not having your eye on the ball.....

Scaremongering !!! US was giving gas away only YESTERDAY and thats a FACT

Scaremongering !!! US was giving gas away only YESTERDAY and thats a FACT

""Wait….but you want Angus to succeed don’t you Bubbles?""

Your confusing a bit of market luck with this showers limited ability to deliver retail upside with solid management plans and structure, and well managed Capex & Opex, and well managed debt and repayment, where if you plan to finance your operations via repayment debt, then you DON'T also go and dilute it to near death with 5 BILLION confetti shares too.

The issue has NEVER been SLBY as a producing field, and the FACT that had they followed their OWN initial plans by the book from the start, then it would have proven a minnow company maker, but instead they failed to follow ANY of their original plans, and simply continuously undermined ANY retail upside from the field through extreme dire management, plan, funding, dilution & DEFAULTS.

Your NOT a self made business success just because you had a snap of luck & won the lottery !!

Hey Muggins, Howz them gas prices looking today ? WARNED YOU not to go banking it lol

Oakley,

Its not really about seemingly wishing it to tumble, it is far more to do with idiots who think this is some kind of long term get out of jail free card for this incompetent shower, when in reality it is not typical pricing, it is ALL associated to the Iran/US noise, and as quickly as it went up, it can and will come back off.

So unless this shower can produce enough to survive on TYPICAL pricing then as far as I am concerned this is nothing more than a small, short term bonus in revenue. Folk chalking up annual revenue based on todays price are delusional & amateur

As we SPEAK of the devil,,,,, and so oil and gas prices start to tumble !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Muggins,

It is ALL well and good doing some of the simplest math in the world to come up with such a figure, but you are factoring in WWIII, when it could all simply come right back off as quickly as it rose if they calm the situation. Only a mvppit would spout such stupid numbers, if this shower of sheite cannot make enough factoring in typical average rates and prices, then it aint worth sheite... Simplzzzzzzzzzzzzzzzzzzz

Looks to me that they are having to play around with the flow from certain wells to even maintain current levels, no surprises there really