Think it was buried in the end of year results RNS -
1.2 Statement of compliance
"The consolidated financial statements are prepared in accordance with international accounting standards in conformity with the requirements of the Companies Act 2006. The consolidated financial statements were approved for issue by the board of directors on 19 May 2021 and are subject to approval at the Annual General Meeting of shareholders on 29 June 2021."
The RKH Financial Diary tab above reports that the AGM is on 29 Jun 21. Don't recall seeing this date before and would have expected an RNS. Seems feasible though, 4 weeks today.
"we want to make sure we have refreshed estimates". So, go over the numbers to see if any further savings can be made before committing? Falklands opening up again soon, interesting times.
RE: NO FID in 2020. 15 pence coming28 Apr 2021 11:04
No, we've had the licence extension too. As for SL still being suspended, who knows? One of the requirements was for oil price to improve, which I think has been done. It's a waiting game as usual.
Being a bit too simplistic there with regards to Mr market. Today's sp indeed reflects the market's expectation of SL going ahead - based on info known TODAY. As we all know, the market can move on the smallest hint of news. Applying the same logic to the OM award, I would have to ask why stay in for it when Mr market is saying unlikely - 'today'?
On the point regarding our new office, have we actually increased our floor space with this move? I note our new office has 2761 sq/ft however I can't pinpoint the space occupied by our previous address. All I could find was a reference to circa 5000 sq/ft for the fourth floor, which I guess had other companies on it? There is a space available now at 2,954 sq ft (https://www.realla.co.uk/details/22141690#major-tenants) which is roughly the same size. That would leave space of circa 2000 sq/ft. Is it possible we've downsized or did we occupy part of the 'other' 2000 sq/ft? Or am I barking up the wrong tree.
At least there should now be a decent saving on the rent. Anyone here visited the London office in the past?
Some of the sells listed here looking more like buys. As usual LSE share price lagging behind the curve. Volume not huge though so nothing to see here.
PMO were ready to press go on Sea Lion all bar the funding. How long would it realistically take a small team of SMEs to sit down and review PMOs project documentation? It's all there and most probably costed down to the last nut and bolt - they've had long enough to do this. If HBR really want SL in their paying inventory, they should act sooner rather than later, or sell up.
Like I said, no guarantees however it could well have been over for SL by now if the PMO merger hadn't happened. OM news is most likely next and hopefully not too far off. Again no guarantees on that either but hopefully something good will come out of it.