Member Info for JamesParsnips

You do realise that they are demerging the medical equipment business after years of poor performance?

£3 entry or AA announces something and we go into suspension of a reverse takeover and re-emerge in December wayyyyyyyyyyyyyyyy higher? Who the **** knows.

MTSparky. Really?

Whaaaaaat? Please show me anyone who was stating that. I follow #UJO on Twitter and review all the Tweets about the and I have never seen anyone claiming that. Lee said, correctly, that the programme is fully funded. He did NOT say that the money had already been paid and £6million was still in the bank. Let's say I am going on three holidays this year costing £1k each. I save up £3k and it is now in my bnk account and I AM FULLY FUNDED FOR ALL MY HOLIDAYS THIS YEAR.

Before they raised the last time, they had money in the bank and they had already fully funded the EWT and the Biscathorpe sidetrack. On Jan 20th they had net cash of £7 million.
Activity £'000
PEDL 183 - West Newton
West Newton B-1 (vertical) 800
West Newton B-2 (lateral) 1,200
West Newton B-1 (EWT) 600
West Newton B-2 (EWT) 800
Seismic Acquisition and Re-processing 340
G&A 200
10% Contingency 400
PEDL 253 - Biscathorpe
Sidetrack Well 600
10% Contingency 60
Total Use of Proceeds 5,000

Only holding UJO RBD and RRE. Basically because I am trapped. Should be OK though.

I'm mulling this over too. I see everything getting marked down enormously, but why is MNG getting bashed so much harder?

Hopefully the EWT will confirm the commerciality of WN. That will put a firm stake in the ground at a price somewhere north of here. By the time the drilling of the next two wells and the well testing are complete, things may have settled somewhat and we might start to see something closer to fair value.

Who knows. Who knows.

And indirectly provides re-assurance for UJO.

Well, I am pleased. I wrote to S&S and Camarco yesterday asking for an RNS exactly like this and it covered all my points. I cannot clam credit for the RNS, but I am bloody happy with it.

Except that as AA owns 29% of the company, any buyback would mean he has to trigger a full takeover bid.

Why the sudden fall?

Hi, Been having a look at this as I'm in UJO. I would like to understand why VSA have a 38p target price(albeit down from 45p) I cannot find a research paper which goes into the detail. Can anybody enlighten me? How dependent is that number on shale?

Thanks,
JP

And in the presentation. Not much help today though.

Do we know that they have hedged enough to cover the capex for 2020?

Gobbling up #I3e and tying back serenity to Bleo Holm would extend the field life and reduce decom liabilities.

MCap £172m. Unrestricted cash £247m. Unrestricted cash per share £18.83. (Total of 13,129,841 shares) WTAF?

#RRE dividend is very sustainable. MCap £172m. Unrestricted cash £247m. Unrestricted cash per share £18.83. WTAF?

Why a smaller dividend in 2021, please?