dropped it yesterday despite the buys outweighing sells .... they tried again this morning but the buying pressure has been constant since the get go .... no doubt in my mind MM's have been collecting shares for someone.
JBER wont have any stock from Bondholder conversions now either as the few BHs left wont be converted at a loss.
RE: no need for an interview at this stage6 Feb 2023 16:06
Not many companies that would just ignore the fact that the SP crashed 70% off of a "regulatory RNS".
Most would have put out an RNS the next day "we note the fall in the SP after the RNS..... this was a regulatory requirement and the Board have 100% faith that the temporary cashflow issues will be resolved within the timeframe"
I guess as theres been no "calm down" RNS there wont be one now. Q4 ops update due next week tho ????
correct OurJambo .... and anyway if Art bought more shares at this price the neggos would just come out saying that the RNS that caused the panic was a deliberate act so he and his mates could buy lower
they dont need anything like 16 million.. he needs a few million for working capex to get us through to the RBL (which they should have sorted months ago and we wouldnt be at covenant breach yet again)
They were supposed to be borrowing a junior debt for the gas gathering kit this year .... its about getting this financing sorted out once and for all.
If they JV comes in then great but I dont expect any upfront cash for it.
there goes peoples idea that he would release a statement prior to Canada opening .... he doesnt give a toss about PI's he thinks we are all ignorant thickos. Well we shall see at the AGM won't we
the Company confirms that it is actively negotiating terms for a joint venture for the long-term development of its Wyoming assets. The Company plans to announce the detailed terms as soon as they are agreed.
about to sign a JV with an oil major for one of the largest USA oil discoveries in the last 40 years and this is were we are with the share price !!!! Beggers belief.
Brel try reading the RNS 3rd Jan "· The Company anticipates signing a Debt refinancing term sheet in January 2023 and closing the debt refinancing in the first quarter of 2023. "
now you can argue that first qtr isn't months away ... but I would argue (based on the never ending missed deadlines) first qtr is end of March so thats 2 monthS away ... IF it actually happens.
more than happy to point you to where Ryan stated the RBL would be done in Sept and then the interview where Art said October for RBL and JV .
I'd rather they just didn't keep handing out dates and then missing them time and time again.