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Doesnt feel like Afren anymore though as its been refinanced here

Sitting on its butt, if that was so amazing why not 20p

Do you want to rewrite the rns Tony?

No lets not. only takes 1 second to press buy or sell. and anyones thoughts should only last a few seconds.

Oooh chatgpt thinks this

Very short take:

Yes — this was a good RNS, and importantly better than the direction things were heading.

Why (in one breath):

They’ve successfully completed the refinancing, with >99% creditor support,

pushed out debt maturities and reduced cash interest,

and effectively removed the near-term solvency overhang that was the key risk.

Bottom line:

It doesn’t fix the asset story, but it materially de-risks the balance sheet — which is exactly what the market needed.

Catman. what did the rest of the market think?

if im the dumbest guy, and i cant understand a rns, use that as a guide, that NOBODY REALLY understands this rns.

Share price reaction says it all, oh well at least this didnt go down 50%

Why do you think theres another rns at 9am?

Where did they say what you have written in that rns? I dont see that anywhere??

Hasnt gone out like a greyhound at the clappers.

I dont do shorting.

if your having to guess a rns, that means its unclear still. and i dont think market will like this

what it should have said is'' wow we are selling all oil at $90+ but it doesnt say that

Where does it actually say that in this rns?

Well that sounds CRAP given prices are still near $100!

Someone compare this all to Tonys forecasts please

How does that fit with Tony Einstein forecasts?

I think this cant be a good rns or is missing key information because otherwise the usual posters here would have written a novel recalculating all their forecasts

Yeah seems to be getting the low end of the oil price still due to the hedging

Above expectations, always good wording to see in a rns,

Quick analysis by the guys on here who know their stuff

was this RNS all good? and they havent really commented on what price they been selling oil at over the last 2 months?

What about LTHS who are down 10X here, ffs

I know that. and now schools have all reopened. everyone i know is back in UAE now. so theyve clearly been told its over,