Member Info for dai2belts

Hex late printed trade 10.37,

17-Apr-24 16:12:52 10.37 130,000 Unknown* 10.40 10.50 13.48k

MEN, reading the BB it could be buyers building a position before going private.. so I need some educating there, as its multi bagged from the low

DELT lost their JV partner as Cairn exited the UK, so price took a hit...

Mind you both this years drills are with Shell, one farm down, another to go to avoid a raise,,,

Been to cautious and missed good opportunities to jump in

I was considering buying from below 10.6p, but it dropped and there was little evidence of a rush so held off..

I suspect those 1p shares are to the founders like DM, now he has vesting prices along with Bo, but I didn't notice the others named ?

Some interesting comments on QED relating to open offer scaling of excess entitlement..

One guy getting significantly different amounts in SIPP and ISA from same broker...

Looks like it pays to be greedy...

I think there is some MM support holding up the price while there are shares to flip, not blatant but that bid appears to go up when you expect it to lower...

I am still waiting for DELT to drop back to 20p before buying :(

Anybody think Hex will trade at 10p or below anytime soon ?

MEN, can anyone explain why MENs price increased so much from the low..

Makes it look like the sellers didn't understand the situation and bailed or it was manipulated down?

Hex. Approaching 10.5p, looks like 10.55/10.6

AEX , looks like it rallied on a tweet highlighting a paragraph in Tanz Energy Week tweet, mentioning the award of a production licence.. so could be old news, so maybe no RNS imminent so may drift down before it does arrive

JSE Net debt of c.US$4.2 million and available liquidity of c.US$220 million at 31 December 2023.

Something missing, as its 1/3 the price before its fall from 90p, and way below the rescue placings 45p

"Market cap is half the value of the assets"

That will entice PortfolioPower into having a look...

Crazy when you think 88e were +£100m last year with no oil production, £50m at today all time low..

JSE, MC £149m Record annual Group production for 2023 of 13,813 boe/d, with debt I believe

So they have sold $3.6m/year income, royalties to, so no expense to maintain

But kept a 35 boe/d royalty ?

"retained its 16,160 acre royalty position, along with approximately 35 boe/d of associated production(3) (collectively the "Simonette Royalty"), throughout this core area."

Boil, listed trades suggesting spread is tight if there are sellers

Mmmmmm,

AEX tweet +40% earlier... so watch for RNS

Add delays 2027/28/29/30........

one gives flow rate stating gauge other does.nt ?

Price isn't reflecting that, I wonder if it will climb...

I wonder when/if there is a raise due too ?

Offer to take up the whole share capital lapsed in June, offer was for 6.2p...

Its now 1.5p, could there be another offer ?

Y ?

EOG MC £9.5m. no debt, seems slow if going any where.

Onshore UK - net production increased 8% to 265 barrels of oil per day ("bopd") (2022: 245 bopd) following excellent Wressle performance

LBE, fingers crossed 500boepd July , MC £9.5m, debt sounds like it will be paid off Dec 24 from tax credits..

Big play in Malaysia, plus further deals possible

Further deals in Norway in the process

Currently 600 boepd

Looks like the 1000 boepd will be through bringing on-line 2 further wells, during May/June and June/July , maybe completed before July..

LBE only have ~4% interest,...

the 1000boepd, belongs to the LBE/Japex Jv (~50/50) so I guess thats 500boepd to LBE MC £9.5m

https://www.youtube.com/watch?v=GVElFW-2ipY&t=769s