My projection regardless of 108, it will not change the outcome !!23 Apr 2026 07:55
Here's my analysis for you Saga'man, Muggin's Drinnkytoomuch etc, just reposting it as a reminder """
Nothing changes in reality, my projection remains exactly the same.
1) They will scrape through a weak deal with Trafigura, likely over a longer period, to counter the potential penalties for default, and to lower the sinkhole of debt quarterly repayment plan.
2) Production will drop off AGAIN as induced liquids build more quickly due to lowering flowing pressures.
3) They will almost certainly incorporate some pipedream blurb to wash through a notable placing for you lot to hang your pot of gold at the end of the rainbow hats on.
4) Highly likely the volatility will drop prices like a stone the minute some kind of line is drawn in the sand with Iran/US etc.
5) The upside dreamers will continue to rally on about the 1p club for some time to come.
6) Opex will increase as they fight the liquids battle, and the cost of this tiny workover project they are currently on will oddly cost a huge chunk of any pot they were holding on to (a pot built on DEFAULTING)
7) Royalties owed will likely be handed down to shareholders as has ALWAYS been done in the past, just to dilute a little more.
8) followed by some sort of "consolidation" which is the ONLY way this will see 1p ever again.