Member Info for G_G_G

Looks as though we're developing a pretty strong base at 30p so any good (or great news) is going to result in this moving upwards very quickly. No-one selling. And buyers appear to be waiting on the sidelines. Most lth's I'd imagine have averages much higher than 30p and that's with averaging down. Just needs a match. They need to execute Casc 2&3 (and following wells) this year without any left field nasty surprises. PB doesn't have the most stellar record when it comes to execution, but they have always gotten there in the end. Hopefully lessons have been learned and they nail it with these two upcoming wells to give the market confidence in the 'wall of cash' arriving next year. Clock keeps ticking down to end-September hook up. GLA

Hopefully no bad news in the next update and we hear that everything is still on track for end-September hook-up. The sp will then start to slowly move upwards over the next month. Once hook-up is confirmed with first gas flows in the expected range I see the sp being safely in the 40's. News on next wells being drilled in 2024 and we should see 50's by year end. All execution and meeting expectations now.

TRIN won't make much of a difference one way or another. I'd let them wait until January unless they throw a few $m our way. They f@cked us around, so we should do the same. GLA

I see Bushy and The Shareminator have put their heads up the parapet. You guys should be as embarrassed as Dan 'Trust Fund Baby' Betts'. You are either complete m@rons (most likely) or paid rampers. You've been at it here for years. I've called you out on your many fantasies and not once have you been correct.

Here's what's most likely going to happen in the short term. SP will find a bottom at £40m mcap (5p). It will then sit for a while until word on whether the whole thing is about to go under. This is not in HUM's control. It is entirely up to Coris. If they have another buyer lined up they can take the lot and sell it on for a profit. Simple as that. The 'other finance' routes are f@ck knows what, but unlikely to be good. They're better doing a £15m raise at 4p if they can get it away. Question is whether major holders believe this will be throwing good money after bad.

Incredible how the trust fund baby has held his job all these years. Daddy gives h@lfwit son a job and he still manages to f@ck it all up, time and time again.

Got another 100k at 8.99 this morning. Reckon the 8's could be here to stay until we see AECO prices increasing in Q4. T/o offer would be wonderful. Couldn't care less if we get nailed for 16p. It's better than seeing that you're still down with an average of 9.6p.

Wow what a shock. This had the writing on the wall years ago. Not even worth a punt now.

Given the size of trades going through the past week or two I'm starting to think one of our major holders is offloading. If so there's going to be more weakness to come. Hard to see us getting below £100m mcap (8.5p), but who knows. If ever there was a time for a PE or private outfit to swoop in it's now. GLA

For those of you who know their history the 9th day of AV is coming up in 4 days. If Iran, Lebanon, Yemen, and Gaza were to co-ordinate attacks in response to Israel's recent bombings it is likely to be then.

Interesting to see 3 x broker notes above 90p. SP here is a mystery. One would hope we're going to see a bit more support in the comings days and weeks as news filters out and ex-divi approaches.

Providing Casc 2 & 3 are delivered on forecast (time, budget, production) we will be in the 40's. The only concern for me out of those three elements is time. If they f@ck anything up it's going to delay hook-up and production, which adds cost and reduces our chances of hitting quite stretching targets. I think production will be absolutely fine and better than our first two wells. If timings are hit by end of next month we should end up north of 40p within 4 weeks. I'm more interested in how many more wells they intend to drill this year.

As for TRIN, they need to ignore and get on with things. If LOL and TRIN come back with a cash offering they should take it. Otherwise they should let the f@ckers wait.

I'd be happy for them to take USD$2m as an apology fee and get on with things. Put the money toward another Casc well this year. The is less than what LOL would make from the assets over the 6 month period. Otherwise make them wait and pay useless bod fees. It will take at least another 3 months post January anyway.

Some chunky sells today. Just picked up 110k at 9.03p. Back up to 3.3m shares here. Will buy more if we enter the 8's. GLA

Couple of good things that are bonuses to be considered this year. First is the +2m barrels sitting in the ONP. If Brent averages $80 and they pump the remainder this year we should receive an extra $15m. And, if 131 closes as expected before year-end, we will have a significant chunk of cash from 900bopd light oil from the start of the year (circa $25m sales revenue). Hopefully they can sort out the transportation issues that blight this company. I don't think we'll get anything this year, but next dry season one would hope will be fine. Healthy dividend to be paid in between. GLA

I'm guessing they are feeling quite confident about alternate transportation routes if they're forward drilling wells over the dry season. Yes delivery will be curtailed over the next 3 months, however once those river levels start to rise they will be in a position to average +20k bopd very easily. Would be nice to get a big dump of unseasonal rain for once. Either way they have raised guidance and sitting on $100m cash. Dividend disappointing but fully expect them to do a sweep by year end.

Absolutely outrageous they are not doing BBs right now. Suggest everyone here sends an email. They should not be sitting on $100m cash with our sp at 40p. Absolute f@cking joke to be honest. If their performance awards were linked to the sp I reckon Manolo would pull his head out of his @ss very quickly. Send emails folks and give them a bit of stick.

BBB, I'm less concerned about the low river levels as we know this will be the case for Q3 and some of Q4. They've been smashing production all year with poo above guidance so we should be fine with respect to hitting annual forecasts. What I would like to see from them is a bigger divi for this quarter, BBs to re-start, and an upgrade on guidance. They should have plenty of scope to do all three. Acquisition is the only good reason not to do the first two. Hopefully we'll find out what they've been up to tomorrow.

Back into the 8's I see. And an 11.5% dividend yield.

As mentioned I think £100m mcap is our bottom, which could be reached next week on Q2 update. Further weakness in poo and it's almost a certainty. Having said that I have confidence in NOPEC to do whatever is required to keep poo at / near $80. Anything below this and all producers start to suffer. US producers will also pull back and within 6 months you'll have 1m bopd drained from the market. The pullback on oil also has a natural impact on gas production, so would be supportive of both commodities. Whether we re-gain double digits in the next 6 months will come down to gas prices for me. If we drop to the mid 8's then I'll be loading up. Even in a CAD$2 AECO and WTI$70 average for 2025 we must still be throwing off +$60m NOI with minimal debt. That's leaves you on some silly financial metrics with a sp in the single digits. And you're getting a +11% divi yield. No real short-term concerned here at the moment. Just wish I had more cash. GLA

Jfk, it will cost LOL, and it will provide risk over the time period. So not great for the deal.

Funny thing is we'll be in the 40's and rising by then if Casc 2 & 3 guidance is met. I'd like to see us drag it out just to f@ck with the TRIN and LOL bods.

I think that would get us to 35-40p WAA and not where we need to be to make the LOL offer less attractive. It's another 8 weeks before Casc 2 & 3 are hooked up and we have an idea of initial flow rates. This is the news that will get us into the 40's. That's not to say that directors shouldn't put their hands in their pockets. All directors who believe in their company should be doing this.

Good time for our f@cking bod to start buybacks in earnest. Unless there's something very dodgy going on in the b/g I cannot for the life of me understand why we're not executing what has already been agreed, especially with $100m cash in the bank. Hopefully some good news, rather than something nasty in 2 days.

JV would make the t/o far, far more complicated. Best outcome for us is we get the assets for our approved offer, or they give us a couple of $m and we refocus on Casc. If they're unwilling to give us some money for wasted time then we should make them wait until January at the very least. The contract supports us and makes a mess of things for them. It shouldn't cost or create any more issues to hold on for 6 months. It will however cost them something. JV would be the ultimate clusterf@ck.

agree les, issue is the uneducated here will potentially look at the results and **** the bed. reckon there could be a drop back to multi-year lows of £100m mcap (circa 8.5p). if that happens i'll be selling other shares and jumping aboard here in a big way. gla