Member Info for cmcc4394

Thanks Tony, that value disconnect bw the shares and cash options wasn't obvious (to me).

Has anyone had the chance to make their election yet? Will it be via the same method with your respective broker as for the court vote?

I think you can request HL to list GTE on their platform? I hold ITE within a Fidelity Sipp, they don't offer international shares at all unlike HL, so if i want to receive GTE shares I need to find a SIPP platform that does - am hoping this will be HL as I have my ISA with them

I get this (and it sucks), but he doesn't hold many shares. So ultimately he needed to convince the institutional holders, it is a bit more mystifying that they were not pushing for a better deal if it was out there

Interesting that GT shares were 8% down. The market obviously doesn't think they are getting as good a deal as we think they are

Makes logical sense (to me at least) that they prepare the updated CPR after they have the results of rigless testing to incorporate into it..

I still don't understand the rationale for the updated cpr/prospectus prior to fairly imminent testing results. Wouldn't these documents just need to be immediately updated again?

Does anyone have a sense of how long rigless testing and interpretation of results may take?

(Ah, think i misread that and you were referring to taking profits at Christmas, not now. Hopefully some sanity has returned to the SP by then)

Jeez GGG, it is a depressing thought that this may be a good time to take profits, sitting 50% down from highs! Still have PTSD from the last acquisition announcement and subsequent SP crash, though that did turn out very well in the end (maybe better with some debt financing but let's leave that debate behind us..).

I wonder if there are many acquisitions out there to be made on superior metrics to buying back our own shares, given the multiples we are trading on

Tony, could I be so cheeky as to ask your thoughts on the Reserves Report? I'm sure many are keen to hear your take when you have a few minutes. Cheers

hTTps://invezz.com/news/2023/02/10/hedge-fund-pro-brent-crude-oil-price-could-hit-140-in-2023/

Oil trading guru very bullish on oil later this year on the back of China's reopening

I also thought this, though Majid did emphasise that if they did do a further acquisition it would be heavily debt driven this time, but inevitably some equity would be needed.

To be honest GGG he didn't seem that enthusiastic about a takeover, he just said that they would have a fiduciary duty to consider any offers should they come etc etc. Sounds like an asset sale or some sort of farm out to accelerate development are more likely

Thanks Tony and good to hear that you're getting NBLC added to HL, will keep an eye out for that one. Seems that Doc can be a bit breathless in his pumping at times (e.g. some of the loftier initial I3e predictions), however i'm up on everything he has tipped to date so can only be appreciative of the guy!
Hope everyone is having a good weekend.

Nice work Tony. Off topic (but it's a Sunday...) - are you still in any other of Doc's other portfolio stocks? I've got a reasonable (for me) position in EMO + GASX, both looking pretty good, and just took a small punt on OYL (v speculative). Be interested to hear if you are in these or any of the other ones. Cheers

Emphasis on reliability and security even from the Greens is great for us. I think that the report is political cover for the govt to be able to make hard (ie not green) choices in the near term. As others have said, PG has positioned us so well here.

Very interesting, thanks for sharing. Am I right to think that the concern noted around the potential for post-carbon “stranded” infrastructure places our floating LNG terminal option in a very advantageous position vis-a-vis competing fixed terminal alternatives (in addition to the no-fracked-gas commitment)?

Does anyone know when the energy review report is expected to be released? I couldn’t find an ETA.

Good news though, regardless if the numbers might be a little bit off, and good timing too. Will help to calm SH’s worries with the sharp drop a bit and provides some further external validation of the value gap which Doc and many others on this board (but not yet the wider market) have identified.

Closed at 13c on TSX, that’s 7.6p. Can anyone do the divi maths on that? Must be outrageous.
Hopefully you’re right Ark and it’s just a short term shake out on low volume. It’s otherwise just bewildering to me.