Member Info for CitizenTS

@Alma. Maybe Exxon cuts through the whole mess by just buying Hess themselves??

Same thing as you say though, leaves John looking to invest a bundle.

And also ... new plan for SL says no break in drilling so simply no plan to share rig on FIG approved FDP and no tine slot to do so.

Yeah, at risk of giving too much away ... had a holiday job there myself (Strand Road). Went to school along the coast in Lytham. Sometines go back to the area.

There's sometimes nuggets in your posts if I may say!

@ Alma

Ha, BAEe Preston?! Now THAT IS curious! You mean the components thing on Strand Road? Was a GEC plant before it all went into BAe. What was your dad's role there?

Am just wondering, you went to school in the area or not so far away?

Yes buffet, a real institution's disclosure obviously would not include our holdings in Barclays or Hargeaves Lansdown's nominees. That's why an HL nominees holding disclosure, for example, can't be counted as institutional.

If it said, say, Barclays Asset Management then that would be more interesting.

Huge way to go even at this stage once IIs even start to show up more. Helluva lot further to go on Israeli HNWIs amd then other similar cliens of their brokers which, as Buzz has suggested, are very probably part of recent weeks activity.

No spare drilling slots ...

Dratted spell check!

Latest Nav programme involves continuous drilling through to 2030 to develop SL and adjacent resource on an expanded programme. Conspire drilling slots for quite a while for anyone else!

This is happening anyway with or without any third party. And the cash flow tablles on p37 of the new Navitas resource report from NSA have 100k+ barrels per day 3-4 yrs from first oil.

Those tables open the stock up to mainstream oil sector analysts, not just smaller company folk imho.

Re takeover? Who knows but it's something of a bet on oil prices. Would make a difference, to financing at the least, after first oil and when production can be sold forward. At that stage the price tag would be circa GBP1billion imho

Though I'd guess first divi would be one more year as drilling will continue

Profit us first year of oil production, 4 years from FID is paying off debt and possibly first divi.

No you don't!

' no change to the aimless cr*p

' yeh yeh

' anyway don't put people off the scent. Your sgares are held through HSBC.

If a certain large shareholder on here wasn't so keen to mislead, we might have had a discussion about how FIG's Exco have specifically excluded delay. No further consultation, small/minor items remaining. Opportunity provided to resolve. Even a hypothetical scenario of all parties wanting to nod the FDP through on a date when some point in the EIS has not been resolved has been covered off by saying words to do so will be attached to the FDP.

In short they've set up a process specifically to remove the possibility of the EIS getting in the way on any minor remaining point.

You happen to know the owner of a shop is not the guy behind the counter but is instead his Greek father in law. You're allowed to say so.

You're making some progress there, but if anyone knows what someone owns of something, once they know they're not bound by some non-existent UK secrecy law that says no-one who knows is allowed to tell anyone else. Now you've got it.

There's such a thing as bearer shares, for dodgy people holding assets. Rkh's shares, for one side of that at least, are not bearer shares.

If a certain large shareholder on here wasn't so keen to mislead, we might have had a discussion about how FIG's Exco have specifically excluded delay. No further consultation, small/minor items remaining to be resolved. Opportunity provided to resolve. Even a hypothetical scenario of all parties wanting to nod the FDP through on a date when some point in the EIS has not been resolved has been covered off by saying words to do so will be attached to the FDP.

In short they've set up a process specifically to remove the possibility of the EIS getting in the way on any minor remaining point.