Member Info for chinch

On 26th Oct it was announced that Erskine had restarted and flow rates would be confirmed. How long will it take for the 're-commissioning process to take place?

Wouldn’t have thought traders would be cashing in profits as there is much more news to come. I don’t tend to look at the charts when there is much else to look forward to

Now nearly 2.7m shares traded. I wonder if this will see the start of a steady climb?

Some large trades going through and current volume is 1.2m which is twice the daily average. Onwards and upwards

I will second that - wonder where the sp goes now?

We'll hopefully get there eventually. At the moment just a steady stream of news that is pushing this higher with more to come. Mitch did say it was going to be an exciting 4Q and so far it is.

Nice start this morning

https://seekingalpha.com/article/4209579-serica-energy-upside-potential-driven-acquisitions

Good read

Cheers both. Yep all looking good for the future just feel that we are playing a waiting game. Not a problem for me as I'm looking forward to the future developments. ATB

Yes but at these prices it could be cheap. Patience is the key here starting with confirmation of flow rates for Erskine. Then BK and BKR deal and finally Rowallan drill. Still think they will buy further assets next year with all the BKR cash

I think that the SP will rally once the flow rates are known. That will be great so we can then add this to bk and bkr to understand the value and income

If you read the Serica website there’s loads of good stuff. With regards to Rhum it maybe most likely that Rhum 3 might now be drilled once the BKR deal completes. Add this to the Rowallan drill, bkr completion, Erskine back online, Columbus opportunity then it all looks good. But as always do some research

So do people have a target here SP wise that they would be comfortable in selling at?

Nice rise this morning. Do people perhaps know that Erskine should come back on line soon. Plenty of volume which is good to see

Nice that she keeps mentioning shareholders.....

Not checked your previous posts but what are the figures on Rowallan?

But it does state that there will be no significant delay

Already derisked Mav from original holding but still hold a chunk

Fair enough and let's hope you are right. Doesn't really matter what the costs are as that doesn't confirm the deal. I can remember wanting to buy a house and spent a lot on legals only for the seller to pull out the day before. Let's hope this is not the case with SQZ.....

I'm just merely pointing out that this is not a done deal perhaps like the market has reacted today. I read and re-read the Interims yesterday and there is a lot of hopefulness about the deal but I would have liked to see the word confident. Still think there is a long way to go in this and by no means this is a done deal. I wonder what the Americans are asking for as they must be asking for something otherwise the deal would have gone ahead. Not deramping this and have a big chunk here but the language and tone is just not amazingly positive in my view