Member Info for gordon1237

Looks like they all are. Strange to be selling at this time.

Roland doesn't necessarily need to be there.

They said early February so what's the latest it could be to qualify. 7th, 8th , 9th ?

Take your point Conger but it's only a level at which I might sell. Doubt I have that much influence.

Also have lost count of how many times I have commented when someone has accused mm's of playing games because a buy has shown up as a sell. It's an automatic process. If you get a particularly good buy price it can show up as a

sell . If you get a particularly good sell price it can shoe up as a buy.

Yes Steven. It's the old FOMO thing. Whatever we get, there's a tendency to think will it be more later ?

Gla.

For me personally, I probably wouldn't sell on the day if it peaked at say 0.2. I definitely would if it was 0.3. Anything in between is a grey area.

Really hope you're right Conger. Would be over the moon with 0.5. I guess it's what the market thinks not us.

Feels like we're just marking time today, while we wait. Will it be a fantastic Friday or a magnificent Monday?

It would be great to see the Panmure Gordon research to see just how they reached that figure. Ridiculous that that seems to be impossible.

As regard the 1.5p, any jv can't possibly value it at that sort of level. That's if the numbers in the August presentation for potential profits are any where near accurate. Might not be impossible in the long term, if CCS takes off, for those willing to hold for a few years.

The losses on Cambay stood at $125 million, so presumably that is the profit they can make before paying any tax.

No way of knowing if it is still relevant but in the presentation in August last year it have the Capex om the first year as 40 million usd which comes out as 32 million GBP. From other information in the presentation it seemed that 2 wells were being drilled in the year so presumably that figure included other infrastructure as well. In an email exchange in 2022 Roland said that he hoped the price for 50% would be a free carry for 2 wells. They now say an ambitious drilling programme has been agreed, so who knows ? That 30 million or so might give us 0.25 to 0.30 and I might settle for that. Hopefully not long now. Gla.

See what I can do Espen. Lol.

Price holding up nicely.

You couldn't make it up.

50 million traded in the first 30 minutes. 0.11 to buy.

Apologies if this is too nosey Steven, but what's your average now? I would guess about 0.3. Feel free to ignore if that's too intrusive. Atb.

The Tweet was very reassuring but really we've gone from maybe 95% certainty to near 100%.

Another 10 % rise today would be nice but what really matters is how good the deal is. 7am Monday ? Gla.

Wolf. For once we are in full agreement. No ambiguity at all. Definitely done. What the sp does is entirely dependent on how good the deal is.

Gla.

Not a Scooby !!!