Member Info for DrPatience

So there she goes!!

Good point Spikey! It might well be, but on the other hand, gilts are pretty boring!!

Aviva is a solid business, yield nearly 7%...

Why fallen back recently- any views??

Pre budget jitters (bond nervousness)? Fear of car finance spillover in some shape or form?? A.nother?

AP: Surely living within your means, saving and investing are good traits, but no, you cannot have too much. Sounds like some sort communism is disguise?!

The messaging is all wrong, if taxes are needed, just raise them and don't turn it into a new age class war!!

More importantly: any take on the big fall yesterday?? Windfall tax fears?

Who on earth buys 1 share???

Can't be spoofing; no algos active here, surely?!

A bit strange we have a sudden, almost random surge without anything new!

Did someone post something which drew in a whole new crowd, say on X? Or leakage? Or spoofing?

Can someone enlighten me?

It is undervalued in my view, but...

I agree Orange...if I had invested now rather than over the past couple of years, the upside would be life changing in terms of my personal wealth :-)

This is game...good luck to those who get in now!

Orange33, you are right, but the real issue is there is no trust whatever - fairly or unfairly - in Delt's ability to monetise anything.

I get it.

Sneller's sells unsurprisingly tanked the share price. However, what he did has no impact on the financial outcome. He has ZERO insider information. He sold for whatever reasons. He has sold all his investments linked to the North Sea by the way. His call. Can also have done this to take the tax losses this year. We don't know, I am also just speculating, but rest assured he knows exactly the same as we do about the political situation, how Selene is going, etc.

Sjm, Purdey: Yes, it could be Noel, although I feel Noel was a bit sharper until he got lost in his conspiracy drivel (nothing to do with Delt). I really don't know David85's game plan/why he makes comments. He hates the company, he hates AIM, he hates the North Sea exploration. He probably lost money or sits on big paper losses. Welcome to the club. I maintain: there is an upside, but by no means guaranteed. Am I happy with the current situation: NO! I still maintain we are victims of political, bad decisions. Everybody is running away from new projects in the North Sea now; everybody!!

We just need to get value from Selene, otherwise there is no Delt. As simple as that, I am not trying to sugarcoat anything, as David85 surely will say...and I can't see whatever he writes, which means he will be talking to himself :-)

Radika, no you are thick, unless you actually are from Vietnam and that's your name! Sorry, just a joke, couldn't help it.

You are right, reports of banks have a lot of detail and bank specific metrics, so not always easy. I often need to google to really understand what the hell they are reporting on.

Overall, I would say this is a very strong performance from Barc.

Investment banking, as seen from some of the large US banks, is now picking up again.

All pretty good!

So happy I did this!

For those who are not aware, if you get bored with certain posters, just add a filter, see tab called "Filters" next to "Share Chat".

David85, you are a bitter, manipulative man. You lost money, tough, suck it up!

I've put you on filter, the first time since Noel, you are just here to disrupt. You don't even know how a board operates. And no, they don't go to the office every week! It's normal! Educate yourself.

Getafgrip,

I agree. I am sure Dana would be unhappy with a 40% margin on the end value though!

What I don't understand is what the next steps are for the JV.

Delt could of course just sell their stake partly or in full if the drill analysis is good. Or they could stay in, but I am unsure if they would be required to add money or whether we are talking about the JV raising project finance. The investment needed for full production will amount to many many millions, way beyond what cash any of the partners will put in.

I don't have the latest broker notes, but they have in the past notes tried to outline some rational financials around the value going forward. The big issue is what discount factor you use to calculate NPV!

Thoughts welcome!

(Although not from David85 and like minded p$ssed off ex-investors; not sure why they even make comments if they have no stake or interest in the company)

David85,

Flaky statistics you have been cooking. Just add them all up and take the average. Right.

Selene 70%+ chance of geological success before drill, after drill (ie now) probably 100%. Commercial viability still to be confirmed; I am NOT trying to oversell this! Full of risks!

Listen to yourself and DO NOT invest here or indeed anywhere else related to the NS. Since you are not investing here, off you go. We don't need to be saved by you. Bye!

Getafgrip, good post!

Little to no market reaction, why?

No trust left; we need tangible (good) results, then I am sure it will move.

David85, PS: where do you get your 30% from?

Geologically it's probably 100%. Commercially TBC unless you have inside information???

David85, you are putting words in my mouth and it's incorrect.

Up to the points where we lost Capricorn and Pensacola, I was actually quite happy with what had been achieved. The politicians are 100% at fault, they are destroying the north sea production with no alternatives in place yet. Importing from rogue states is not that and puts jobs elsewhere. Simple stuff and against national energy security.

A lot of people think exploration is a get quick rich scheme. It's normally not; more of a slow burner. And high risk.

But thanks for saving us David85!

David85, you are entitled to your view 💯

I am not happy with the situation either, but frankly I put most of the blame on the politicians.

Capricorn ran away for that reason and the same for Pensacola. More should have been done to save Pensacola and I feel the JV contract with Shell must have been weak.

Selene must come good and it needs to be monetised; otherwise it's game over.

The Delt team HAS skills, otherwise we wouldn't have Selene drilling. Getting from good technical skills to commercial exploitation is another matter. Send a thank you card to the Tories and Labour, David85!!!

The current sp means nothing, whether it is 1p or 20p; the proof is in the outcome of Selene! Nothing more, nothing less.

Good luck elsewhere David85

Kassam83: Talk to your platform provider or see online; most of them have an automated process. Between providers it may be tricky or not possible, not really sure.

Eg ii:

https://www.ii.co.uk/ii-accounts/isa/bed-isa

JY, looking at various sites, it seems they have gone or are very small. Potentially lost their shirts on thus😀

No shorting right now in general, which probably is wise...seems momentum is up; assuming no more dumb scandals by Barc staff!!!!