Member Info for JamesOxford

@Icecool I thank you

And for Icecool, I dedicate this song...

https://www.youtube.com/watch?v=iOhgJlxushI

@paulametcalfe I dedicate this song to you...

https://www.youtube.com/watch?v=Ww4v2cP-MDo

@Papduke Most investors are too slow to react, they only jump when a stock is a 'sure thing'. The smart money predicts events before they occur and benefit from the rocket rise. When (not if) Zephyr makes the appropriate announcement, I have no doubt that those already invested will do very nicely out of this Zephyr stock. Patience will win out.

@Macfail 'Expecting a "mature" stale and bloated engineering consultancy to deliver the same wild swings as a producer is wishful thinking.'

For the record, JO does not 'expect' anything. This is why JO also stated '...or announce a serious second bidder or interested party' which would be transformative in terms of potential share price vs the offer of 30p currently on the table. Is a second bidder 'wishful thinking'? Maybe. Maybe not. Over the years, I have learned to never say 'never' - especially in the O&G sector. Anything can happen with little to no notice. We will all know Wood's fate soon enough.

Accounts will be released/published towards the end of October.

Another of my investment stocks UK Oil & Gas has risen today by circa 400% on their update today i.e. 'UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that its wholly-owned subsidiary UK Energy Storage ("UKEn") has executed a Memorandum of Understanding ("MOU") with National Gas Transmission PLC ("National Gas"), the nation's principal gas pipeline operator, transporting gas to power stations, industries and 24 million homes.' I have done very well out of this investment. This is what I like about the O&G sector - as an investor you can make a fortune over-night if the wind blows the right way...

All Wood needs between now and the vote deadline is to make a 'major transformative' business/contract announcement, or to announce a serious second bidder or interested party. Then when the share price is removed from suspension, the share price will rocket. I will be pleased to accept either scenario! Lol

On the positive Zephyr's half year report was 'as expected' No bad bews or unexpected surpirses. On the negative, there was little in the way of meaningful updates. Let's hope the CPR is highly favourable, which it ought to be. I have decided to hold until further news in announced.

Another of my investment stocks UK Oil & Gas has risen today by circa 400% on their update today i.e. 'UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that its wholly-owned subsidiary UK Energy Storage ("UKEn") has executed a Memorandum of Understanding ("MOU") with National Gas Transmission PLC ("National Gas"), the nation's principal gas pipeline operator, transporting gas to power stations, industries and 24 million homes.' I have done very well out of this investment. This is what I like about the O&G sector - as an investor you can make a fortune over-night if the wind blows the right way.

Make no mistake, all Zephyr needs is to announce a meaningful 'break-through' in order to rocket the share price upwards...so I have decided like my investment in UK O&G it's worth waiting for...

GLA

@Thedetector 'Does the WG net asset value reflect a 30p per share offer represent fair value??'

Wood's owners - made up mainly of institutional investors - will decide whether or not 30p represents fair value via their vote. Once man's rubbish is another man's treasure...works both ways in the case of Wood. Sidara have been talking down Wood as a company to anyone who will listen, and have dropped their offer from 35p to 30p to boot. Now, one would think if Sidara thinks so poorly of Wood, why would Sidara want to buy Wood i.e. if ot was 'that' bad?!

IMO Sidara badly wants Wood as it will leap-frog Sidara into the big league, so Sidara ought to dig deeper into their pockets of cash and pay a bit more than 30p per share - especially to reflect Wood's future potential. As Wood investors, we need another 'interested party' declared within days of the published audited accounts and to make a cash offer for all of Wood. That will be the start of the bidding war to drive up the offer price and benefit Wood shareholders. We will know in circa 30 days time!

@Pennylots. I would also add that for Wood shareholders, Wood's audited accounts are vital in order to know which way to vote. It will also bring out any other possible bidder who may be waiting ready to pounce. I know one or two possible bidders have pulled out of recent 'almost certain' buys at the 11th hour, so they will have cash ready to buy Wood...the question is will they take the 'Sidara bull' by the horns outbid them?! It all depends on the audited accounts. A two horse race is always better than a one horse race! Here's hoping! GLA

@Pennylots Agreed. Wood's audited accounts are not the be-all-and-end-all. However, they are definately needed in order for Sidara or any other company to make an offer for Wood. I would add also that given Wood's situation, banks/lenders would be insisting on certian forward-looking documentation. For example, business plans, cash-flow forecasts, asset disposal plans etc. It is this work and documentation as well as other factors as 'peek' into the future that has influenced the BOD to sell Wood ASAP. Of course, Wood's banks/lenders and other independant M&A companies would all be beating from the same drum for Wood to be sold. It just so happens that Sidara is the best option as it wants to buy all of Wood and there are lots of synergies between the two companies. A quick, clean sell out, which enables Wood to 'start again' under the Sidara banner.

@Rock I reckon Wood's audited accounts will be published circa 29-31 October. Lots of moving parts involved in audited accounts and it takes time. Once released institutional investors will sit at the 'round table' and vote accordingly. I do think Sidara are very keen to buy and have deep pockets, so if the accounts are OK/acceptable (i.e. no nasty or unexpected surpises), then the vote should be 'No'. After which, Sidara will have to reassess and up their offer to circa 35-45p to get it across the line. The only danger is if the accounts are bad i.e. worse than expected. In which case the vote will have to be 'Yes' and that will be the end of this journey for one and all. Let's all hope for the former! GLA

@Kandos Not sure why my reply was deleted must have been a complaint by someone who did not want to be ‘offended…so much for freedom of speech and all that. Lol

Anyway the reason I like O&G is it works when there is no wind, no electrical charge points available…I could continue but won’t. Of course there is room for green energy, of that there is no doubt. However, it does not mean during the transition phase that the UK should go cold Turkey on new licenses to drill in the north Sea. Also, it is well known within the industry that government estimations of the oil and gas available in the north Sea is substantially under estimated. I know I won’t convince you of that and you would have to do your own research. It sounds to me like you provide finance solutions to the green energy sector probably an asset finance. It is a very niche business but each to their own. I would add that I actually do agree with most of your comments on Wood. That may surprise you. I guess it boils down to the fact that I am more pro. O&G than you. It’s probably because I have been heavily influenced by my investments in this industry and have made substantial returns over many years and I expect this to continue throughout the rest of my lifetime at least. Anyway no hard feelings.

@KiJaJu ‘hopefully apart from a few of you (kando, carrot, poker) i hope i never come across your posts again, and if i do i know i've made a terrible mistake.’

Thanks for your post -are you on some kind of medication? Oh dear, you read this post…and made a terrible mistake! lol

@Dazpink I have it on good authority that the O&G operators in the North Sea are about to undergo somewhat of a transformation...

This has been worked on for the last few months in particular and has been fast-tracked for an announcement in Autumn. This is due to the pressure applied from O&G operators in the North Sea, Key insiders and influencers, and economic necessity.

The O&G operators in the North Sea have made it clear that if action is not taken immediately, then operations will virtually cease and revenues will decline severely within the next several months. Talks have also been had at very high levels around the need to protect the UK's national security of O&G in the North Sea. As a result, Labour (includes O&G industry, national security, environmental and economic advisors) have been working at speed to work out loopholes in its own policies and attitudes towards O&G operators in the North Sea in order to prevent the current inevitable 'shut-down' of operations in the North Sea.

Anyway, there is light at the end of the tunnel. Common sence will prevail at last!

GLA

@Kando You are obviously a green, a lefty and a bonifide Labour supporter. Not quite sure why you are invested in Wood?! Unless you are not invested in Wood, and you are just here to stand on your soap box and preach your grren and left credentials! I don't waste my time debating greens and lefts. No point - most of them are fanatics, not realists. As a Labour supporter you must be very pleased with Farmer Starmer's recognising Palestine as a soveriegn state and rewarding Hamas after their invasion etc of Israel...nothing like rewarding the actions of terrorists and extremists!

BTW I am not a boomer...you are wrong again. Lol

@Icecool So everyone is wrong, except Icey...Lol

@ClearViews '3) Buyer must be genuine and not rob the shareholders by making Wood private of attempt to pay anything below £1.50.'

Unfortunately, I cannot see that happening as the Wood share price is currently 18p, so 35-45p would be an excellent result. I doubt such as mark-up from 18p to £1.50 has happened in the history of the FTSE.

@Icecool 'JO post (part thereof) 'Whereas, I believe Wood is not sustainable'. Icecool's reply: 'How can you say that when we haven’t seen any evidence or transparency'.

I find Wood unsustainable as the 'evidence or transparancy' is clear for all to see: Wood's RNS, Deloitees and Wood's profesional adviser companies (of which there are several!) have made it clear that Wood needs to be bailed out by a cash-rich investor who can then turn Wood around slowly but surely. Fact, not fiction.

Icecool it is time you stopped burying your head in the sand, and lifting it whenever someone goes against your narrative...the fact is you need to read and absorb Wood's own RNS' and observe events as they unfold, rather than make up fantasy-stories in your own head about how Wood can be saved by fairies who live at the bottom of you garden!

@EbbsandFlows 'It’s entirely possible that a company like Microsoft, Google, or Amazon could: Site a data center near Zephyr’s Paradox Basin gas resources.'

If that comes to pass, Microsoft etc could well struggle to find anyone to re-locate onsite of their data centres...now that redefines remote professional IT workers...no more 'remote' working from home! Lol

I expect Zephyr to provide an update next week Thursday 2 October. Lets' see if that comes to pass!?

@biffbaffboff I do not agree with Icecool. Icecool wants Wood to replace BOD, renegotiate with banks and rise from the mud and ashes to operate alone. Whereas, I believe Wood is not sustainable, therefore, I want Wood sold for the highest price possible. I think I have made that perfectly clear ever since I started to post here.