Member Info for gotabesirius

This is going to 30p before end of March...

I reckon we'll see a fund raise along with debt financing to get Fortuna into production. �100m dilution perhaps? Thoughts?

Hello guys this looks cheap. Sub cash? Can this be correct? What are spending commitments for 2018? Thanks

Next interim will be April yes.

No opps interim as company gave comprehensive update recently. This is from the Co Friday

What's your thoughts mate? Thanks

Looking at $1.5 to $2m cash build per month....

Agree mate. Any once BKR has bedded in I expect more BP assets to be acquired

This deal will happen. Remember BP are a major shareholder here. With current oil and gas prices Sqz will have around $100m cash by year end...

A little patience with yield huge rewards here....

Yes I'm also in process of building a decent position here. Cash is king and will give rpt numerous opportunities to grow....Looks like cash at the minute will be growing at between $1.5m and $2m per month before any major capex for new drills etc. I'd imagine cash in the various bank accounts (very little held in Ukraine) will now be well over $30m at time of writing. GLA

This will tag 20p. The biggest / best private investor in the UK is in and will be expanding on why he's invested and is meeting the company directors next week. @barondaytrading

Not a chance. Company has emphasised at every opportunity that they have no intention to dilute and will be concentrating on integrating the new assets and aiming for $100m profit for 2018. The cash build will be used to fund any future growth. Remember, BP own 5% and will not want to see this holding diluted!!!

The company has $150m worth of tax credits from hmrc built up over many years of expensive exploration. This is why the company will build cash so fast from here on in

Great post. Cheers

BP knows all about the potential in Namibia. This exploration well was rumoured to be much more revealing than was touted at the time.....the potential is huge and it's thought there's a super structure in this locality similar to that found in Brazilian waters with matching Geology http://www.proactiveinvestors.co.uk/companies/news/26535/chariot-oil-gas-poised-for-drilling-as-it-seals-bp-tie-up-31662.html

Have turned up I see. This is why I hate LSE

Some great posts on here of late. As already said the big test is holding it through the incoming spikes to hopefully reach true value next year at maybe a mc of around �500 million

No, no, and no again....stop deramping. Big news is coming on several fronts hence the volume...These guys are professional traders and recognise value and newsflow and won'r be selling now after holding so long.....

Any ideas?