Member Info for Elllltelinv

Simple - up and up to deal announcement.

Not following “there offer”’as in last year there or 3weeks ago there. Assume your English is literal

Let’s get this over 200p as well undervalued

Now risen to 40p.

What is fair value - and what price would a deal go through.

Was the drop in November overdone - one institution sold hastily followed by shorters.

Was the drop with the TU overdone - CEO said all bad news out and report should be academic.

What is fair value and what price will Sidara pay.

- I doubt a low ball offer as that would be rejected and devalue/demoralise the workforce. Muchjof the value is the human resource its experience and knowledge.

An offer will be mutiples of 40p In my opinion and Sidara will want the value this company according to its market leading position.

160-260p range

The rumour

Also rice is an expert on Structured finance so hefty offer not necessarily be constrained by Sidara’s current funds. Plus Sidara likely to have head room within existing loan facilities.

Offer over £2 incoming

Neil Bruce OBE- LinkedIn profile says all.

Expert in audits.

NED at Sidara.

Expert at Acquisitions.

The deal will happen.

Multiples of current SP - over £2.

RNS today or next week.

Expect strong buying into rise.

Unusual rise - breaks off.

Let’s see if anticipation of RNS

News very soon.

Even the most conservative positions on offer price makes it 37% uplift. The only question is certainty of bid.

Sidara does seem poised to bid.

In a market rich in volatility WG offers some good potential.

DYOH

Oil revenue will significantly rise upon the expected deal

An offer will arrive and be accepted.

Any doubters represent short interests.

Over five months since news of the review.

Then Sidara

Then refinancing

Three key items at play. Of course the TU.

7 BDs for Sidara.

Is the report close out likely or not before offer.

Dark-

First time I have seen this.

Not last year so unique.

In case people can’t be objective

Price held down whilst banks like. Barclays load up - Last Friday for example.

As we approach offer price should climb.

My view is that the SP will be higher than today - Friday pm price target of 75-80p. Offer could come in anytime which will replace this target.

Last last weeks

-

The Deloitte report close out.

Refinancing progress.

More contract wins.

Offer by Sidara.

Deloitte report should get us back to 80p.

Offer will move sp to offer price. If £1.5 then so be it.

Don’t see downside

This is happening folks - offer imminent.

Expect a surge

To add-

Uk oil and gas likely to get a boost in the budget. Ed Milliband is rumoured to be getting pushed out of cabinet with a pro-oil replacement.

WG will be a front runner in new field developments like Cambodia, Rosebank and so on.

Win/win.

Where will the shares come from if people hold.

MMs will move price around to create liquidity.

If you believe the ultimate here then hold.

The rise since 22p is due to:

- expected interest from suitors like Sidara and Worley.

- refinancing with Rothschild

- CFO replacement

- expected Deloitte report finishing the audit started in November. Bad news is already public so the close out will be academic.

- PIs pulling in for a good return 100-500% possible

The company is is great shape I. Terms of market leadership and order book. The cash flow isn’t an issue as there is plenty of headroom in the loan facilities. The debt is being negotiated with Rothschild which is likely to stave off a cheeky offer from one of the suitors.

Plenty of news coming and with this further increases in the MC today and this week.

This is a strong buy in my opinion.