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Agree, that's the best for everyone, the new merged company would have 1 cashflow revenue from Midleton. Assuming the well is successful 2 an increase portfolio of licenses, many close to each other. 3 including 20% of Barryroe. 4 $13m in cash reserves.

nice to see the 160p been broken

I have a good look at the geology at Midleton and I think it was a 70% chance of being a huge gas find. A quick and cheap tie back to the Kinsale pipe, and all of a sudden Lansdowne is a cash generating O&G company, rather then a cash burning explorer. This give a company tremendous security as we have all seen what cash shortages causes junior resource stocks. A merger here would give both companies synergies and management cost reductions. Fastnet's cash reserves also sweeten the marriage. The only issue is ' what executives leave the ship" gulp. But perhaps that is surmountable. A straight merger is the most likely here with a share pooling. still good for both sides.

very good fit. A good merger if not a buy out. Lansdowne assuming Midtleton strikes Gas will be a producer within a 18 months and that must be a real carrot here.

I would have thought Ormonde would try to impress their new JV partner and release the RNS on time . If the work was finished it would have been so it looks like another 30 days -

No RNS this morning ? I can't understand how they can not issue a 7am update on the deadline date ! I know Ireland used to be a very easy-going place like Jamaica but God-damn-it this is strange. Perhaps they were up watching the golf last night and forgot

big order ! Strange one

like you I invested there too. Very exciting share.

watch that bucking horse…..not my style. I am surprised we didn't have more in today here. Please the skies we will get some good news tomorrow, but it smells like an extension to me, all the lawyers go asleep during Easter.

anyone think the date will be extended ? and as predicted Almonty didn't bid. (yet). They may wait to see Oaktrees offer first.

Pete, No a took a close look at it a few weeks ago and couldn't warm to it. Guess what ? I still can't/ Delighted for you and I think you were right to sell, or sell a portion.

you are welcome, and I am delighted you got profit here, we both suffered over on Afren. Thats what LSE bb is about , we all share our 'expertise' and our research. We all have different talents.

Three months ? I predicted a lot of nervous fund managers requiring a safe as houses O&G company would buy into Ophir, after the collapse of some oil giants. The recent merger was a good fit too and ticks another box for many institutional investors. For Ophir is a steady mid term performer rather than a 3 month boomer. The only quick killing here would be by CFDs. Best wishes and DYOR as we like to suggest to all here.

the CEO bought in very heavy with his own cash last week . As did other directors . Meanwhile using company money to buyback shares . It wasn't a hard one to work out ! A billion in cash and no dent ! Top Cat !

what a star !!!! My top share holding !

PTR is not trendy ,a boring management that struggle to sell the story , the hard years took their toll. This is a grafters company with wells only achieving 100 BOPD , but H wells showing good results . Making progress ...

I don't think Oaktree will ask for an extension

the lads in Central Rand value you so much here is what was posted on your departure after the share price dropped 40%. '''At least...bri88 has moved out of CRND so not all bad news''' why do people have issues with you ? I see you moved to Tea ….. see the RNS warrants issue !!!. best of luck here…..but genuinely you should research more on this one. I think this is possibly the least appealing share on AIM/ Hope you proof me wrong.

The RNS's are so funny I think Fr Ted writes them. The interim report starts like this ''In a resources world filled with gloom I am happy to report good progress on our operations''. and it gets funnier when you get further down. Best of luck to them. I wonder who chipped in the money?

sorry but am I the only person that thinks this company is worth absolutely ZERO ? Have a lash with a pin and paper but this really has nothing to recommend it to me……except……someone ????? just gave the €250m for shares !!!!! but who and why ? No details given?