Member Info for Goit

I like this theory best

Thanks, that is surprisingly more straight forward and less nuanced than I expected

Would these estimations still remain similar if they JV first before buyout?
I don't really understand the value of the asset FRR has and how it factors into mcap. FRR has a mcap of roughly £60million which obviously does not reflect a potential asset sale of 11 billion. When does that asset become realised in the value of the company?
Once that assets is proven feasible by a major putting a realistic bid based on that? If they don't another competitor will pay it's worth instead for the assest? What is to stop a major building a controlling stake alternatively for much cheaper for a buyout that way?

Sorry for the noob questions. Feel like I should know this stuff

I would argue this is in a much reliable position given there is 2 majors involved and at least 1 is supposedly currently trying to flesh out a deal. I was in GGP and as far as i know there was never any actual speak of deal being done, although i was optimistic as well as many others that no news was in fact good news with what was happening with Newmont. Not only that but FRR is actually producing oil with a revenue with possible scope to expand and has a CPR of its actual resources unlike GGP.
I don't think even if both majors left the table it would warrant a 80% drop from this sp at all.
I'd be quite interested to hear speculation on that 'what if' scenario of FRR going alone to increase its oil production and it's feasible sp by more knowledgeable posters

I thought it was 0.53? that is according to some of your other 8 negative posts about FRR...

His last posts...
'will it hold - 0.4 will trigger a lot of stop losses....

MMS are going to have a go at bringing this back to 0.4...

MMS going to take this all the way back to 0.4????
so mean

sadly its heading back to test 0.4!!!!! it is going to be a rollercoaster until news breaks. Holding in the 0.4s this week would be a great leg up

I think it is going to drift back to 0.4 - that will be a big test... MMS back in control after an explosive morning'

P1ss off this board.

Riiiight so....£113*15,770,000,000 = ~£1.8 trillion market cap. Nice, move aside Apple etc. Who is your friend? Diane Abbott?

There is a difference between inane drivel and 'chat' It's not surprising Zaza gave up reading this message board.

Thanks a lot - for Should be pinned to the top of the message board

Can some link it for the millionth time please for a friend, it doesn't appear to be in my history and I can't send the file as it's too large. Thanks in advance

MD248 stop sh*t stirring and go away

1p is a big psychological/sentiment barrier. I wasn't referring to what was said last night coming to fruition, i meant the actual 'updated' news being officially released to market

Before off travelling east Asia - back in time for Christmas. Hopefully be past 1p by then. If they release an RNS confirming some of the content of last night i'd hope a lot sooner!

'Separate negotiations' implies not a bidding war/conflicting?

Does that mean i have to chuck a few more egg in the basket tomorrow morning

Damn really? Talk about last minute power point building

Usually 7am rns with confirmation of meeting reminder that the presentation is available to view on their website for tonight. I can't really think of reasons why they would have deviated from the normal if this was going to be like the last few box ticking meetings with no new info. Could be interesting... For better or for worse

The whole of block12 for 157 million. No.

Also no

Call me misery guts but the last 2 meetings there has been a huge buzz and they have turned out to be flat liners. Excitement for this one is well and truly repressed. I'm not falling into that trap and await the " Zaza had a gleam in his eye" observations from attendees.

Obviously I hope to be momentarily wrong but i refuse to get excited this time around.