The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Potential new CEO Dr. Charles Woodburn looks like a good’un on paper at least. A serious engineer with an MBA…..is a formidable combination (but lacking Energy Industry background).
If he comes to be - his first priority should be to revamp our dull-as-ditchwater assortment of BoD , then surround himself with Energy Industry guys’n girls.
Strange he is only a CBE - when the likes of the padded underwear/PPE genius gets the full Baroness gongs !
What a misdirected country (England) has become !
Free Fall again ;)
A slush fund for the ruling families really is the only solution here.
Remember where we are, and the types we are trying to do business with.
Taking them to Court in London will just be as effective as the Paris outcome:
they just laugh at the decision
Buybacks NEVER improve the sp for shareholders…… they are usually given away (discretly, so as to limit attention) as well earned bonuses to our dynamic Directors.
Much woser to deploy that hard-won working capital to re-invest in the business (assuming the BoD know what our business is about …. or could be !).
This stalemate is eminently solvable……IOC consortium should just agree to set up a mutual slush fund to provide an ‘incentive’ for the rulers to sign ……. and all will be resolved post-haste.
Remember where we are trying to do business, and what the age old customs for getting things done are.
Simple.
External pressure will be applied to the eternally squabbling face savers - to make up the Russian defecit.
The grown-ups will unite and lob a few missiles into Yemeni seaside towns as a warning not to get involved as proxy for Tehran’s retaliations - and taps will open soon …. perhaps.
Could be a good start to the New Year, and we may even crest 1.50 ?
The merger of AKER and BP in Norway a handful of years back - has gone from strength to strength.
Dynamic young ‘New World’ management in AKER coupled with BP’s sound engineering backround and Norway’s limitless access to financing - has created a winning blend.
No reason why BP and Equinor would not follow a similar synergy ?
Wow.
Just looked at Equinor’s BoD …. young, dynamic, highly educated and plenty of Energy Industry experience.
They will swamp our lot if a merger takes place.
Lets hope it does - or we will remain stuck, floundering and lost in the fog as Technology moves forward.
Good luck with that then…. the firepower in even one small frigate is devastating and is so relentless that these misguided pirates will be vapourised into mince for seagulls and chum for sharks.
Best not to make idle threats against serious sailors.
Looks like a viable option Nightpusher….. could we not meanwhile rent-in some proven energy sector expertise - to kick us off into a solid business strategy and market credibility/stability ?