The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Are you on about Justin’s Saturday morning waffle with his mates?:-) Mcap is very low .... looking at figures this does look to have a bag or two in it... When did the place last ?.... Still researching :/)
Monetising the assets??.....with Colter having other JV partners and reabold having a stake in Corralian I don’t think the selling of their stake will be instant or straight forward .... unless they’ve already put plans in place for this
Yep ... right up the wrong un .... My holding is small .... I feel for some
David Bramhill was the company founder and resigned in 2010.... You obviously know f*** all about David ... I suggest you do your homework before shooting your mouth off......muppet From an RNS in 2015...( nearly 5 years after DB resghned ) Nighthawk revenues up 81% 02 June 2015, 07:52Source - SMW Nighthawk Energy's group revenues increased by 81% to US$47.5m in the year to the end of December following record production and sales volumes. Gross oil sales for 2014 totalled 703,414 barrels (575,275 bbls net to Nighthawk's net revenue interest), nearly double 2013 sales volumes (2013: 358,294 gross bbls; 290,664 net bbls). Gross daily oil sales for 2014 averaged 1,927 bpd (1,576 bpd net to Nighthawk). 12 new wells successfully drilled and completed. Nighthawk said normalised EBITDA for 2014 of US$27.4 million or US$39.01/bbl per gross barrel sold (year ended 31 December 2013: US$15.8 million or US$44.05/bbl) reflected the highly profitable nature of the group's oil producing assets.
In regard to commerciality, if oil is found do we then go straight into appraisal of this well....?? Then sell once numbers are realised ??
Running’s of the company .... can they carry on as normal as normal can be under this situation,.. ie selling oil !!!
That was when Edelman and Samaha we’re running the show..... they are non execs now..... Sachin and Stephen had nothing to do with Mongolian asset .....
So we’ve a market cap of 45 mill ( was 15% higher late last week) Some are saying the 60million loan facility has been guaranteed by Zaza and Steve using their shares as security ... Which must be bull when you consider the company valuation and what Z and S hold ... There’s a lot more going on regarding the asset, majors etc than we know ... I’m sure this will be sorted by end of play Friday
It’s my take after reading through all of the case notes that the BP deal is virtually complete or they are ready to walk away.... If you had a NDA in place and you was still delicately negotiating, you wouldn’t release to the PD the majors name..... unless the Major was ok with that ( ie. deal done) or the major had implied negotiations were over... Thoughts ?
You’ve got to laugh at the de-rampers and the non investors... .....Taken with a pinch of salt, as it is Christmas ... Try being nice or refrain from posting - you may just like it 😁 Merry Christmas all and see you in the new year