Member Info for ivans

are we riding back towards 10p ??

this is happening. all UK oil gas companies especially those low cap, will benefit. expect rerating coming imho

"The National Security Council should now review our energy policy to put home produced security of supply top of the list."

https://twitter.com/johnredwood/status/1497130503576641545

i dont want SOU to takeover as they dont have money anyway, so i dont expect SOU will be able to offer better deal.

however, i am confident other 4 bidders (or 6?) will be much better place to offer better offer for us.

lets wait and see

you will find that cautionary statement in every companies (incl PREM on their discussion for JV) and ANGS on their takeover discussion.

its a requirement to have cautionary statement in RNS and in the formal accounts.

nevertheless, no director wants their company to fail and as such, i expect positive news soon.

happy to buy in as well

commodity prices have been rising and even more so during war.
despite we are not producing, our in the ground assets worth massively and should be trading above 10p imho

if you read rns properly, its good that the loan is being deferred and restructured, the good thing is the loan related to one of director and as such i doubt we will be diluted down here. it will probably be deferred for another 12 mths. thats to say we are funded for the time being as well.

this is similar to director related loan in PREM from their CEO, and look how they have risen.

lithium now even more expensive, shame some panic seller selling across the board, but lithium and oil players will do very well.

expecially for Prem, as we are in the middle of negotiating the price, hence i expect minimum 1p or higher.

may add some more tomorrow here

when is Loxley news? i got the feeling it will be fast track by the government in my opinion

even more now, UK need oil/energy security. i suspect we are about to have our rerating. Wressle CPR might trigger it

even more now, UK need oil/energy security. i suspect we are about to have our rerating. Wressle CPR might trigger it

happy to buy some more down here. all these panic traders sold, give opportunity to buy low.gas price now $100, and loxley news soon as well.

happy to buy and wait

we are now at turning point. per chart, next target above 0.2p soon.

Wressle alone worth around 5p under low oil price. but with oil price going above $100 soon, expect Wressle to worth near 10p.

add that our Irish licence and Morocco, which could well be another game changer-
total target 15p-20p imho

i recalled broker target was around 30p (cant remember exactly, though those also incl fracking licence). otherwise, what is our current fair value? just on Wressle alone should be 10p in high oil price environment ?

with China siding with Russia and also Chinese disagreement with US over Taiwan , expect the fight between US and China to secure high value commodity to heat up !!

easier for EU/America/Mexico to deal with western companies and refusing to cooperate with chinese, while Africa is one which very chinese friend;ly.

chinese will be happy to pay premium for Zulu imho!!

wait and see...

any sniff of good news, this will be easy bag or two imho.
World are short of energy regardless of the source.
coal still hot especially for cheap and poor country.
expect news on chinese commitment soon,

back to 5p soon?

i recalled NCCL rose several bag recently,

DKE mcap around 1m. wont surprised me if we rise to 10m.

another one worth keeping eyes on, is ZIOC and ANGS - ready for several bags soon.

thats 10bag !!

happy to wait

looks like many are taking position in here. we are near bottom. expect sp to start rising soon imho

i still have my position that bought around 0.5p and happy to buy average up today around 1.2p.

not much but will do for me.

happy to wait, and looking at bigger picture, our mcap is tiny and have huge potential to rerate back to 5p.
happy to wait

this news will put more confident to bidder/chinese to offer us top range price for the JV.

happy to add while sell on the news brigade running with their small profit.