Member Info for ianfm

Not really, other stocks in the FTSE and airlines have also dropped, likely in preparation of the US job numbers due right now.

just goes to show how **** jpm really are, when they estimated that interest rates in uk were due to go over 7%

"jp morgan chase suggesting there was a risk rates could reach 7pc"

Looking good.

Has the RNS on LSE shown up for anyone else?

it shows up fine on other brokers, inc my own, HL, but not LSE. more LSE shenanigans, like the broker ratings that they barely publish anymore.

Well, we will be on the next oil sale in Q1 24, but the point is its already there ready and waiting, and we'll be producing more as well.

Yes.... the end of my previous message got cut off.

Forecast net debt at YE 2023 20.7

Stock entitlement at YE 2023 (~300,000 bbls) 22.54

so 2m cash positive after buying sonangol.

Azule is another 12% of Block 3/05, and 16% of Block 3/05A.

the BOPD will likely be on somewhere in here

https://afentraplc.com/wp-content/uploads/2023/09/

Only 10m-ish

For those like terry who yes, have disappeared, but perhaps sowed doubt.

sonangol cost - 56.6.

oil accumulated while waiting for completion - 35.4m

left to pay - 21.2m

oil stock we have ready to sell - 11.9m

so we actually paid out

Downside is that azule has ben pushed backto Q1

Completed acquisition from Sonangol of interests in Block 3/05 (14%) and Block 23 (40%) on 7 Dec 2023

• Net completion payment of $21.1m with inherited crude oil stock valued at $11.9m1

• Net upfront consideration fully funded from debt facilities, with deposit of $5.6m returned to balance sheet

• The Company expects to sell its next cargo of crude oil in Q1 2024

Azule acquisition ongoing

• Government approval process for the Azule transaction is ongoing and will be followed by the Novation process

• Completion now expected later in 1Q 2024

Paper was released last night at 1849, but i'd gone home by then

https://afentraplc.com/wp-content/uploads/2023/12/AET-Sonangol-Completion-081223.pdf

I cant see any RNS in LSE, but assuming its my end as charta has said one is out! let's goooo :)

I dont know why the markets and analysts react so much to broker ratings anymore. maybe back in the day they meant something and it was their 'expert opinion' about a stock. now they use their reputation and weight to move shares in their favour or for their customers pockets. their ratings mean absolutely nothing these days, yet 1 word from them and it moves significantly

Fantastic that they are bringing in revenue

Shame on the drop, but could have guessed it would fallback after yesterday. the chunk i bought are in my isa so happy to wait for those while keeping my main chunk.

Apologies for the triple post! site was playing up giving loads of errors!

I understand that people need to get out when suits them, but only a few days away from re-admission, unsure why people are selling.

only thought would be that sonangol deal is already priced in, but azule is not.

I understand that people need to get out when suits them, but only a few days away from re-admission, unsure why people are selling.

only thought would be that sonangol deal is already priced in, but azule is not.

I understand that people need to get out when suits them, but only a few days away from re-admission, unsure why people are selling.

only thought would be that sonangol deal is already priced in, but azule is not.

This says it all really. sucking up the cheap shares. they know what they have. once interest rates drop, we'll be onwards and upwards again. the upside is that we dont even need to wait for interest to drop here, as EZ and US drops will greatly help this as well, of which are speculated to come in march at the earliest.

News tomorrow or friday then, as the 10th is sunday