Member Info for Bubblepoint

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

Slurrylad, call it what you want, I don’t often get caught out with these outfits, you can blinker out the past at your own detriment

The sums of past tell a VERY different story, and I can assure you it will remain pretty much the same, totally undermined with a shedload of blurb for you rainbow chasers lol

Unfortunately for you, you confuse underpinned with UNDERMINED, which will continue to be the case

You will find out soon fartoomany, and I am certain you are delusional, not a hope you can get favourable terms after such a significant DEFAULT on ALL debts,

It’s not favourable restructuring, it is forced due to default restructuring, and it WILL have a cost attached to it

It’s my JOB to understand opex & Capex in this industry thanks lol

But the reality is NOT 11m is it, we KNOW they had £37.1 MILLION over the 24 months prior to suspension, and they had nada in the pot at suspension.

We KNOW they paid nothing at all off debt to anyone, and we KNOW they used some of the remaining loan to cover the Capex for the Booster etc.

Therefore the REAL Opex is around £1.5MILLION per month, otherwise they would have had plenty in the pot prior to suspension, and that is FACT

Eyyyyyyyyeeee well, we will see just how much "that looking forward to" is justified !! I think you might be wishing it was still suspended personally.

I see no one answered where the upside from even this level of revenue is coming from, as we KNOW they had a cash burn of £1.5 MILLION per month prior to suspension WITHOUT Capex and DEFAULTING on ALL DEBT WITH A GRACE PERIOD TO ACCUMULATE, resulting in a balance on almost NADA !!!

You planning on making yourself look stupid AGAIN Ocelot ? with all your positive steering like you did on UKOG, but in reality the snouts in trough brigade were playing a blinder with that high priced placing to then lay off a fat short and follow that with a tiny and very low priced placing shortly after, so it guaranteed the bottom ???

While you constantly preached what a peach of a placing and deal blahhh blahhh and I TOLD you at the time it was horsesheite, and it would end right back at ground zero !! AND it DID just that !!

Your bosses must have been popping corks all night on that one !!!

JUST sayin !!!!

ZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzz usual bland & your employers controlled type response.

Ohhh the more you go on, the more I actually look forward to seeing what carp & carrots this shower dangles when they finally come out with it lololol

I bet your bosses are well aligned !!!

It is only admin removing posts that some desperado's don't want others to read, it changes NOTHING to the final outcome, I look forward to seeing some of you reap your rainbow chasing ermmm rewards... you deserve it.

Pathetic from the usual desperado's

It is not a deferral, it is a complete default on all debts

Pmsl ocelot, my arse it was already factored in! It is ma major default on all debt fact, and they hid behind some horsesheite rto to ride over it at the time

Neo, not mad at all, in fact very calm and I know this industry, an industry that this shower is barely fit to represent.

You got a filter, use it lol, but it will not change the end rainbow chasing result

Does it matter crocqman ? you cannot have it all ways, higher gas prices courtesy of the middle east bloodbath, and not expect some kind of negative influence.

The reality is that they are fortunate to benefit from this ME mess, but how long will it last ? it could all calm next month and prices fall quickly back to more typical pricing, BUT a deal on finance is far longer term, so they could end up stuck paying a premium for years..... Such is life......