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This really is a stock at the bottom of it's cycle , yes they have had delays and been affected by covid but they have kept going and expanding . We are now moving into the interesting part with two product lines and a hungry market, really worth a couple of hours going through their RNS's to get a feel for this company and how they now really do have a chance to gain market value . IMO
With only four trading days left and it looks like cold weather is returning next week . I expect some headline corporate news to get the stock moving.
The Pensacola well is also being highly anticipated by the industry for its potential to unlock a significant new source of gas to the UK from the Zechstein Reef play, which has been successfully produced in NW Europe from Poland to The Netherlands. It also has the potential to demonstrate that the UK still has a significant level of previously unrecognised exploration upside which can deliver cost competitive natural gas to UK based businesses and homes and support the UK's Net Zero targets.
Yes not even a little mention in the footnotes must mean we have another RNS to look forward to regarding our cashew production, looking forward to that.
Makes the Falklands look a much better jurisdiction to do business .
Surely not the time to be selling stock , buy back's to recommence and our much awaited TU in just 8 days. Oil up down a couple of bucks matters little IMO.
Stevo12 If that is the case why not just build wind farms , way to much risk for that sort of return i would have thought.
rugs They want stock , i can sell 300,000 at 2.93p but NT to buy anything. cautiously optimistic going forward from this point as opps gain traction.
If i didnt know better i would say Levine is running down this company intentionally. Louisiana gone , that for me was the only hope of gaining external currency .
The count down continues with only 7 trading day to take position. I think Linda will have some interesting corporate news for the market now they have had time to fully understand the implications of the WFT. A debt free 200,000 poepd producing company must progress in this energy climate even if our incumbent government wont grasp this opportunity to encourage investment not hinder. We need energy security now.
Rookie1 you're crackers, this is about the ****s in government trying to look good that's all. We will need oil/Gas for another decade + better to drain the north sea now with the help of company's like HBR and not deter investment's . IMO
And i am looking forward to some progress on all fronts as we approach the high season.
Disgusted with our politicians, we need UK O&G and to not rely on foreign imports.
Capital Fund Management SA gone back up to 0.8% , why bother .