Member Info for E_AL

"Correct we are producing many multiples of what they are!
12000 bops vs a few hundred!"

Very true, in fact they produce more shares than oil ..............

No , very unlikely to be Kerogen:

“June 2020 RNS : Roy Kelly, who has been the Kerogen nominated non-executive director since 2016, has stepped down from the Board and has been replaced with immediate effect by Dr Alan Parsley, a member of the Advisory Board of Kerogen Capital. Dr Parsley is a geologist with over 50 years' experience in the oil and gas industry, primarily at Shell where he held senior positions including Global Head of Exploration, Head of New Business Ventures and E&P Planning, Chief Executive of Syria Shell and Chairman of Shell Australia.”

@buyiay, it could be anything really , MCap size investment requirements, risk management/reducing position or they simply need the cash

Almost all Oiler companies flying high up since last week apart from HUR, imo we must have II selling, all the massive volumes sold can not only be from Polygon’a 1.23% short position. Saying that, Polygon is taking full advantage of the situation and trying to tightly control the sp to cover.

Check the matching volumes on the BID & ASK:

https://i.ibb.co/8X91db5/50-F67022-5-A52-44-C6-8175-E547-F2-CBD2-A1.jpg

whenever the seller is out, polygon close it’s short position or a ramp wave backed by an update from the company, we’ll then see the sp back above 8p

# Total trades 988

Vol. Sold 18,112,323 shares
Vol. Bought 24,138,502 shares

6 millions more buys, yet we ended the day in red. With all the non-stop chunky sells, I just can't understand why we have not received tr1 yet :/

If the company confirm the news tomorrow via RNS then we'll gap up on the opening

23 June 2020 Galliford Try has submitted plans for 350 build-to-rent flats in two linked tower buildings in Leeds city centre.

Galliford Try’s investment arm has teamed up with the development division of Chinese modular building giant CIMC to develop Flax Place in Leeds.

CIMC recently liquidated its modular business CIMC MBS, which owed cash to several suppliers, but is now seeking to deliver schemes through a development arm.

Galliford Try and CIMC previously worked together on a £75m student accommodation scheme for Newcastle University completed last year.

The latest Leeds build to rent scheme covers two tower buildings of 15 and 11 storeys, which will be connected at lower ground floor level with a shared amenity space facing onto Richmond Street.

Phil Harris, Director for Galliford Try Investments, said: “We are delighted to be reaching a key milestone for this scheme in Leeds, which will be the first build-to-rent scheme that Galliford Try Investments has developed in the city.

“We have an excellent track record of delivering schemes in Leeds both as an investor and building contractor and look forward to being able to begin work on site later this year.”

https://www.constructionenquirer.com/2020/06/23/galliford-try-submits-plan-for-leeds-350-flat-towers/

*Change in short positions - Galliford Try plc 19 Jun 2020

1- Millennium International Management LP. 0.00%. 19 Jun 2020
Millennium International Management LP. 1.07%. 18 Jun 2020

2-Capital Fund Management SA. 0.69%. 19 Jun 2020
Capital Fund Management SA. 0.72%. 4 May 2020

"these cargoes are more than likely sold 3 months ahead at a fixed price to get them to market,"

I hope you are right, Brent was above $50 three months ago lol

Trades so far 358

Vol. Sold 3,720,206
Sold Value £241.81k

Vol. Bought 8,136,231
Bought Value £528.86k

Yuri.F, results not tomorrow : 23 July 2020

Countless chunky buys since the early morning, we should get tr1 by now unless its short covering which I think its the case here

"This one is the next to go."

It most certainly will MaverickD! As soon as the seller is out.
Our mcap is ridiculously undervalued so I am expecting the sp to break out hard soon like a compressed coil spring!

PMO 52.66 +7.70%
TLW 35.15p +6.84%

................... HUR 6.72p +3.38%

Brent Crude $42.52 +2.43%
FTSE100 6,318.01 +1.51%
FTSE 250 17,701.85 + 1.05%

JB's daily 1% just gone through:

09:15:30
10.163
2,376,669
£241.54k

Brent Crude(August Contract) $42.10

is the seller out ?!

Beverley Smith

Interim Chief Executive Officer

Beverley is a chartered geologist and an accomplished business leader with more than 30 years’ experience in the upstream oil and gas sector, having delivered a portfolio of achievements in a successful international career with BG Group, most recently as Vice President Exploration & Growth for Europe. Ms Smith has a background in development and production geology and subsurface management, notably in Trinidad (Hibiscus, Poinsettia and Ixora Fields), Tunisia (Hasdrubal Field) and various operated developments in the U.K. including Mercury, Neptune, Minerva, Apollo, Fleming, Drake and Jackdaw Fields and other non-operated developments. Ms Smith is currently the President of the Petroleum Exploration Society of Great Britain and holds a B.Sc. in Geology and an M.Sc.in Petroleum Geology.

Chunky trades within half an hour:

18-Jun-20 14:06:57 6.4924 300,000 19.48k
18-Jun-20 14:06:05 6.4814 500,000 32.41k
18-Jun-20 14:05:43 6.5063 500,000 32.53k
18-Jun-20 14:08:21 6.4898 230,923 14.99k
18-Jun-20 14:10:17 6.4518 500,000 32.26k O
18-Jun-20 14:09:53 6.4465 500,000 32.23k
18-Jun-20 14:14:46 6.4604 174,291 11.26k O
18-Jun-20 14:14:13 6.489 300,000 19.47k
18-Jun-20 14:15:55 6.489 250,000 16.22k
18-Jun-20 14:18:18 6.4879 239,875 15.56k
18-Jun-20 14:18:40 6.4909 248,765 16.15k
18-Jun-20 14:18:54 6.485 500,000 32.43k
18-Jun-20 14:28:02 6.5079 210,000 13.67k
18-Jun-20 14:31:11 6.5118 500,000 32.56k
18-Jun-20 14:30:32 6.5099 551,360 35.89k
18-Jun-20 14:33:53 6.485 500,000 32.43k

This isnt normal trading , very likely shorts closing

"Fortunately Edison did take all of that into account in the $42 breakeven figure."

WhichWayNow, could you please point out the page where they mentioned the $487.9 million of ring-fenced trading losses with no expiry date and would be available for offset against future trading profits??

https://www.edisongroup.com/wp-content/uploads/2020/06/Hurricane-Energy-Interim-CEO-to-reset-activity-programme.pdf