Member Info for itsawrap

not sure if it's feasible and/or possible, but with £90m cash at risk of being swallowed by the DHSC, could nova make an acquisition, park it in a wholly owned subsidiary and then float that subsidiary? that would give nova shareholders a slice of the new company in cash and/or shares and strip the cash out of nova giving the DHSC little to win

https://www.otcmarkets.com/stock/TDTRF/news/OTC-Markets-Group-Welcomes-Trident-Royalties-PLC-to-OTCQX?id=395748

https://www.otcmarkets.com/stock/TDTRF/overview

this is the first time I have come across a take-over bid that has caused the sp to drop - strange days!

...from your lips to Bod's ears :-)

nsta data confirms Wressle production for January of 832bpd - 30% to EOG

I have often wondered how many jollies they have taken to California to "check" on the assets

thx persi, I have no idea how this is going to play out but I have taken a modest punt today anyway...meanwhile the Chuckle Bros. are locked away in their ivory tower...

I was wondering if they may start an aggressive buy-back before the 14th in order to improve the sp therefore making an offer look less tempting

persi / GP do you think an announcement of the capital distribution is imminent due to the 12th April deadline? thx.

or 3) play the game and trade

2022 Finals this Thursday

nice try persi, the december 0.8p dividend WAS a special dividend, GP has included it in his yield calculation, this is not market practice

EOG tweeted yesterday off the back of UJO's $14m that we are net $10.5m from Wressle, they should have made a big fuss about hitting $10m imo, good publicity and a major milestone, it's very odd that they didn't do that

GP, it's market practice not to include special dividends in the yield calculation

https://www.gov.uk/guidance/appeals-average-timescales-for-arranging-inquiries-and-hearings

perhaps Egdon should defer to this?

I'm curious, what are the metrics for UJO to be considered "mid tier" ?

wilt I recall DB saying opex was about $8 or $9, the $17.6 is capex & opex. It's probably safe to assume $8 or $9 is now $10 or $11 due to inflationary pressures

I think many of us would be happy with $1m every 5 or 6 weeks at the moment, £1m per month feels unlikely considering it's 46 days since the last milestone - perhaps Egdon will surprise us?

EOG has posted 3 tweets in the last hour - https://twitter.com/Europaoilandgas/with_replies