Member Info for Hamz74

But is KMP process the game changer, as Panmure Liberum note suggests?

Anyone attending? I will be there. What serious questions can we ask at an AGM, to get some colour we would not get from regular announcements?

Q&A document now uploaded to the website today here https://www.bowleven.com/

After the shares are delisted, they will continue trading for at least a year on JP Jenkins https://jpjenkins.com/. This is on a "matched bargain" basis - if you want to sell, they have to find a buyer who will pay the price you set. I am told the cost are GBP 25 plus 1.5% of the deal size. If you do want to sell at the price of 0.225p, the tender offer from Crown Ocean will at least not cost you any commission. You currently need to phone up your broker to trade through JP Jenkins. After delisting, Crown Ocean should not have any direct involvement with JP Jenkins, unless they decide to continue buying shares there. I would not ask Crown Ocean about this kind of stuff, they are private equity investors and probably do not have time to reply.

You can hold them in a SIPP or a non-ISA trading account. If they are in the ISA, they will usually get kicked out of it and put into a trading account within a month or two, or at least that is how it has worked with Hargreaves Lansdowne and Interactive Investor before. I do not see any reason to hold physical certificates unless you already do, or unless you request physical certificates.

Doesn't the presentation show 2025 for those drills?

Did Wizz bounce yesterday mainly because Ryanair's update was not as bad as expected?

https://www.theguardian.com/business/article/2024/aug/27/ryanair-says-passenger-numbers-passed-20m-a-month-amid-a-5-cut-in-airlines-fares

The changes are so small I am not sure we can read anything into it. A few firms increase by 0.01% or 0.02%, others may decrease by 0.09%. Big picture. its still around 4.5% shorted but shorters don't always get it right any more than buyers always get it right. They work on a hit rate.

Is the final flow test the real acid test for valuing Anchois? How much can we confidently guess from the initial spud?

Thanks, are the different drills done in parrallel, or do they need to finish one before starting the next ?

How long does the whole process take - days, weeks, months? What are the steps and stages involved?

Not sure how important volumes are, but yesterday's 800,000 was well above the average of 500,000.

For the past week or so this has opened up in the morning and steadily declined over the day. Today it has opened down. Any idea why?

Only 500,000 shares traded, close to the average of 480,000. Does not look like large scale panic selling.

I missed the investor call, is there a replay?

Volumes of 3.168 million were below the average of 3.5 million, wonder what caused the late in the day dump?

Not yet showing up in Hargreaves Lansdowne or Interactive Investor accounts. Though the 19 July announcement did say today was the date...lets if it appears by end of day.

If it needs to be approved at the AGM on September 10? then maybe it will not happen so fast. And maybe not at all if Anchois mid August works out well? But how long does it take to get results from the Anchois drill?

Two explanations.

1. There is a 1 for 40 subscription, and an open offer. One set of figures relate to the former and the second relate to the latter.

2. The two sets of figures cover different people? The first set mentions "senior managers and directors" but only names AP and the second set mentions four other directors as well - Andrew Hockey, George Canjar, Julian Maurice-Williams and Duncan Wallace - meaning it mentions five people in total?

If the second set is correct then the directors are taking at least 3.6 million of the 6.1 million quid. If we add on the first set then they are taking 4.4 million of the 6.1 million quid?

Do we know that the "new venture" is in Namibia then? And if so is there an angle with Eco Atlantic? Or is it just guesswork?!