Member Info for CUPHALFULL

Cyril 2 - " ...for what it's worth, here's mine. To the original question you bet it's worth 7 quid - "

I agree - let those want to get out at £2- go and dont worry about huge SP fluctations - those that would grab at £4- goodbye, you've been nice travelling companions

If no takeover - Oil will flow - big dividends will paid - and then there will be takeover bids

Onthe6: " Of course I pray that the £7 talk will come to pass and I can dine with Einstein. 699 actually. Enjoy your day all."

Prayer as an investment strategy - could put IC and lots of others out of business - and cheaper than a Wealth Manager.

Its interesting that Zeus put out a Note when there was no " Event " to justify it - they clearly thought an SP so far below their evaluation needed a comment.

Is it too much to hope that others ( e.g. Simon Thompson of IC) who have made similar SP predictions will feel a need to comment on the low SP? - it might ignite a big rally.

We haven't heard from any of those technical chartists for a while - I wonder what the runes say for them right now ?

Milario - " This time yeaterday it was down at 1.45 and 24hrs later its back up at 1.61 on the back of what!?!? "

Its got to be Zeus blowing away some of the irrationality . Their measured discussion and thoughts about future EPL and and a Labour government would have been helpful.

Disagree with you Buchanan 101 about the current Tory Party - the political beliefs of at least 1/3 of Tory MPs are to the left of Tony Blair and Gordon Brown. At least 2/3 of current Tory MPs would happily serve under Blair or Gordon Brown.

The number of Tory MPs that hold what might be called ' traditional Tory political convictions' is low, maybe 15% of them. The idea the Party is turning right is for the birds - Tory voters know that and are deserting.

The idea the Tory Party

Re - DonkeyOatey - as regards Labour and things getting worse - I tend to agree with Nigel Farage when he says - ' How much worse can it get' ? '

Tories worst actions ( where to start ?) - making a Labour government certain has got to be included.

I resigned from Tory Party some months back and am not a member of any Party now

I think the Conservatives deserve permanent decimation and to be replaced by Reform as an authentic Centre-Right Party.

MPO818 - " - post the election Labour will cheerfully enhance these benefits, it is in their DNA."

So would the Tories who have reigned over this state of affairs, not to mention the general disastrous state of the Country.

There is a statistical definition of 'Poverty' used by UK government that compares a poorer group relative to the

standard of life' achieved by someone on average income.

That means that it is almost impossible to eradicate 'Poverty'.

Its a bit like saying everyone should have an income above the average.

Did the SP not drop in the run up to previous milestones success announcement or am I imagining it ?

If they did, then its not beyond the realms of possibility that professionals are selling to depress the SP and get small holders to lose heart and get out while the pros pick up still very promising shares at knock down prices.

Alsoppc - thank you for that link - what has happened here ? - and who was JOG Laren ?

Re:alsoppc - "Is it not just more simply Neo I assume won't be paying a dividend to Buchan shareholdeds from day 1 of oil coming up so it's still minimum 2, maybe 2.5 years, until Jog start to receive a proper revenue stream "

I need some education here Alsoppc - Wont JOG get 20% of the actual revenue from Day 1 to distribute or not how it pleases - what has that to do with whether NEO chooses to pay a dividend >

Same article on Bloomberg is not behind a pay wall.

I can't think of a reason ( nor is there any suggestion) why NEO would want to pull out of the JOG deal just because NEO's current owners might want to sell them - the whole JOG/NEO/Serica enterprise still makes very good business sense.

From Bllomberg: " Norwegian private equity firm HitecVision is weighing options for UK oil and gas producer NEO Energy, including a potential sale, according to people with knowledge of the matter.

HitecVision is working with advisers as it studies strategic alternatives for NEO Energy, which could also include merging it with another operator, the people said, asking not to be identified because the information is private.

HitecVision declined to comment. NEO Energy didn’t immediately respond to requests for comment."

MAYBE thats - merge with JOG !!!

I'm happy with your 17 quid estimate Einbert - no need to convince me - I'm happy to trust your calculations

Disappointing MPO818 but this has been the pattern after every 'milestone' so far, but the past is no indicator to the future in a situation like JOG.

And its not only been pundits who have said £6/7 is a fair value SP, but more significantly the JOG CEO has publicly said it.

So Tories to extend Windfall Tax to 2029. But an incoming Labour gov already committed to maintaining that tax for full parliamentary term i.e.2029 - announced a couple of weeks back - so that aspect already reflected in SP

@DO - " If his ( Benitz) only role, post farm outs, is to be the public face of JOG trying to sell it as an investment to investment houses, then frankly he needs a crash course in how to give a presentation "

I cannot agree the SP is held back by Benitz alleged lack of presentational skills.

Its the numbers and other factors ( to be identified ) that count, and Benitz presented the numbers as well as is necessary.

There can now be no would be big investors not aware of the JOG case and the potential.

So factors beyond Benitz control and responsibilities are coming into play.

But the closer JOG gets to first oil the more these other considerations will fade in their effect on the SP

But having said at the recent presentation that the SP was 3 times undervalued Benitz and the Board would be bound to recommend refusal on all low offers.

In fact, based on what he said it would surely be hard for him to recommend any offer under £6-

DO - re " I think it's more a question of what activity is to be undertaken once the Serica farm out is completed and the remaining paperwork is completed (which I highly doubt is CEO activity.) With farmouts and FDP completed, what demanding work do you anticipate needs doing by the JOG team? "

That question requires/deserves a specific answer.

My impression was that Neo would be doing everything once final go-ahead is achieved

Interesting that men ' of a certain age' appear the majority of the audience present - if the baldness quotient is factored in.