Absolutely mad discussions regarding disappointment that CALE have not been more "supportive" of the failed management of IOG - are you guys on another planet this is not love and war - this is bloody business.
Christ on a bike - shaking his head in complete disbelief.
So to be clear Just Dandy you expect them to be taken over - because "Well they ain’t gonna raise down here are they? Newsflow, update on cash generation and some positive news on Blythe and who knows where they can raise. Interesting 8 weeks ahead".
I apologise but I still don't actually see any justification there for being taken over - any price offered or calculations behind that? Perhaps I am being obtuse but could you provide further clarification?
Justdandy - may I ask why you think this will get taken over and at what price with some justification behind that - previously weren't you the chap who was expecting a "small raise" at 15p? Do you think the takeover price will be higher than that now?
KYC - mate I'm serious - my memory is totally f'ed !!
Amateur or Pro? I'll reply back later.
I "think" we will have some debt for some equity - if that is the case - then maybe the time to purchase - but I certainly will not be - IMHO.
Best of luck matey.
Actually 2twats - if people had heeded my OPINION and that only - and was CLEARLY stated as that from when I sold - you COULD say quite a few COULD have saved some of their losses and purchased back in for "investment or bet" to try and recoup further. I don't think I've ever made out anything I was posting was a fact - like a lot of other people on here simply playing their books and have been right to date - in all honesty. I think even you can see really tough times ahead and I am personally concerned at the current production profiles which SEEM to have reduced slightly ahead of "forecast" (IMHO) but then again we don't know what the "management" forecast total production is at end of December do we - to arrive at the "average 20-30 / day" for 2nd half? Right really got to run now - as ever all IMHO, DYOR and.... - over to coldspam now for their "intuition".
Great - 2twats - I genuinely wish you luck in your bet - at least you've admitted that is all it is and respect - you've got bigger balls than me. To be clear not a holder OR shorter (lol). Best of luck all.
Ah the old pipeline assets "argument" - KYC - did you ask in your conversations with IOG "management" any idea when any of these new licences would actually have proved up gas and built the connecting infra-structure - to take advantage of these through put rates? In the next few weeks months years - just wondering .... like?
Now I've got to walk me dogs so best of luck all, genuinely mean that but IOG need cash now and in the next year - not "possibly" after that.
All IMHO, DYOR.
"Force" the bond-holders hands f'ing hell - that could get post of the day or maybe Coldspy being "happy" well known (loser) trader 2 twats is taking a punt on here - second big lol.
All IMHO, DYOR of course.
Coldspy - I simply don't post much on here as am no longer a holder and to be honest it's been pretty nasty seeing so many people on here suffer - even though you were a rude twat who would never say such things direct to my face I genuinely wish you well in your investment here - for christs sake - it's been like death by a thousand cuts and I'd never wish that on anyone.
Best of luck all.
Jesus Christ Coldspy - you could say exactly the same about your "really useful*" posts.
At least Bebs are grounded in facts.
* Definition of straws and clutching now me thinks.
All IMHO, DYOR.
Are you legally regulated to give such financial advice as to tell anyone to buy Coldspy?
Db, I think I have the "ability" to interpret what was "said" even though not a "great" presentation IMHO and, I think it was a very reasonable expectation to have some legal RNS clarification around the informal transformation news that was due to happen in 2 weeks time. 2 weeks was mentioned a few times - so why do so - if you do not intend to issue some form of conclusion around this informal guidance - as none of it is legally reliable - so why even bother in the first place - after all transforming is pretty material is it not - or were there any "negative" caveats against this transforming news as if so - they weren't particularly emphasised taken into the context of number of times this "positive" was mentioned? I'm happy to re-listen if you could point me out to these parts I may have missed?
Db - I think it is a reasonable expectation (NOT an entitlement) that an update RNS be issued considering King BS recent presentation regarding transformed company in two weeks time - well that has long gone now - so why no clarification it has or hasnae occurred - especially considering his previous track record regarding timeline expectations?
Do you think it is acceptable to just shrug our collective shoulders and say with a smile on our face - "oh it's just PB and his"crazy" time lines"?!
All IMHO and DYOR of course!
Apologies SQZ I meant there was no legal tie in with them - and of course they could offer to "help" - I am not trying to cause issues here as you have to be careful as a long gone seller (genuinely I take no pleasure at all from other investors like myself taking losses - why on Earth would I?) - just stated a fact in a blunt sort of way (!) - but if indeed they do - they will (certainly) want their respective pound of flesh - a bit like this royalty which has come to bite the bum a bit?
CAL energy absolutely irrelevant in any discussions re bondholders IMHO.
I don't care which day of the week it is - as long as good news of course!
Friday used to be the crap day as in theory you'd missed the Sundays exposure - but in these super duper fast computer days that probably isn't the case anymore! IMHO.
Respectfully there is so much lack of understanding here and knowledge regarding the precarious position IOG potentially finds itself in.
Read the last two RNs statements regarding why they are negotiating with bond-holders at the moment.
It isn't "end game" yet but it is likely the bond holders will want some form of compensation for changes to terms - it is really that simple. Comparisons with HUR do not help either.
All IMHO and DYOR and best of luck to all.
Absolutely - total madness - but then again politicians probably aren't the brightest of people either.
Tragic what has happened there Scored mate - total mismanagement - probably from the beginning and to be honest so bad I just couldn't believe all the errors and crap wasted - for it to be true but in the end - it transpired as such - I believe I made quite significant losses there - which reminds me I've got to write to accountant today! Best of luck all and Scored hopefully you'll make some back here! All IMHO, DYOR.
The issue actually is that the big players make their profits abroad - not move them there.
There is no more real big player investment in North Sea now, IMHO.
That does not mean there is a not future for smaller players with decent assets.
Re a poster requesting farm out estimates for Goddard - zero - but if very lucky a 2 for 1 carry at absolute best no cash (IMHO) - it is unlikely to attract any realistically due to the technicals and the business environment of North Sea.
All IMHO, DYOR and best of luck all.