Member Info for Jim800

Not too concerned about the actual numbers, I’m just amazed and pleased that payments remain reliable and regular and override monies owing are coming in as planned.
There have been times where I thought neither would happen and we’d never get the override mountain paid back.
Perhaps KRG and trying to prove to the wider world that they are mature, responsible partners irrespective of their fallout with Baghdad. Hopefully a similar responsible way forward for BB PSC arbitration can be found whilst we’re all friends!
Fingers crossed!

Why are you so obsessed with working from home. They’re either doing a good job or not, where they do it is immaterial.

CJ, if any of us knew then we’d be millionaires and not chatting on this forum.
You decide whether any particular SP suits you and buy or don’t!

This debate crops up every few months. My view is that someone has to plug the wells on completion of use or abandonment.
DEC account for the costs in all financial presentations so hopefully no nasty surprises. Official bodies realise that they are final solution if DEC or others fail so all state legislators seem to be keen to assist DEC doing what they’re doing.
Good PR buying in additional methane detecting and well plugging capacity, DEC will soon be helping others and generating an extra income stream.
Certainly no worries with gas at current levels and hedging will be in place to cover first few years of lower prices.

Get your CV in Seav.
Once you explain you’re moving the HQ to Beirut, bumping dividends up to £1 per quarter and selling off all the pesky green stuff you’ll be a shoe in.

TP3, the idea that EQT pay anyone to be a ramper is beyond ludicrous.
He posts a lot because he believes that EQT are on a path that will ultimately prove correct.
We all have our views and they differ. If anyone is stupid enough to buy shares because one poster says so then they really should still be using a piggy bank to save.
Crack on Aandi, I don’t agree with everything you post but some of it is useful info.

Oops I wasn’t clear. I was referring to low share trade volumes in Aug, not oil prices. Sorry.

August is always low volumes across the market. Not a Kier specific issue.

Boyo, how do traditional August low volumes and associated price volatility play into your charts?
Do trends generally continue as they were or do you see specific August trends?

Good work Char, you maintain your perfect record of being wrong 100% of the time.
Please tell us what you think the share price is going to do next so I can do the opposite.

It’s not a snide comment it’s an observation. I’m sure China and India aren’t paying market prices but they are paying more than they did in Jan / Feb.
If Putin isn’t particularly bothered about his “voting” public then sanctions aren’t going to work quickly - nil signs of regime change yet!
Am sure the average Russian standard of living is dropping but in parallel so is Europe’s.
Assume you have lots of evidence of it working. Guess Abramovic is stuck in the Maldives rather than London - that must be a drag!

The West bans Russian oil imports, price shoots up and Russia now gets more money for less volume from China and India. EU has Russian gas as a final bargaining chip until Russia decides to cut it off!
These sanctions and embargoes not exactly going to plan. Is there a Plan B?

I don’t want a running cashflow update, I’d be happy they just realised their planned cashflow. Several years of over optimism, underestimating expenses and over estimating income do not inspire confidence. Witness unexpected placing immediately after new loan arrangements.

XPB may not be optimistic but that doesn’t mean he’s not correct!
They haven’t covered themselves in glory by establishing well funded joint ventures, they aren’t completing projects to demonstrate their technology and the much vaunted off take agreements don’t guarantee any cash inflow at all (they might buy some SAF if VLS can make it).
We’re all agreed the market for SAF will be huge but not agreed on who will win the race to satisfy that demand.
I hope VLS have a role but they need to establish themselves and prove they can produce.

No-one is concerned about pipeline updates. What concerns some of us is lack of info on cashflow and accurate closure dates.
Can we make first big repayment on 29th Aug? No news on that.

Lee, if you find anyone who can give you “realistic” views on share prices in 5 years time do you think they’d be on here or off placing huge accumulators and picking lottery numbers?
From my perspective it’ll either be higher or VLS will have gone bust.

Pikeman,
Your view matches mine and that of many others. If you want a decent safe return stay here, if you want a casino go where’s no hedging.
As for Malcy, see what he was saying about Genel 4 years ago and where their share price is now.
His view about as valid as a monkey throwing darts.

Perhaps the floods that some thought were a negative a few weeks back are creating acquisition opportunities as others exit.

Boyo, nice to have you back. You’ve a lot to catch up on!
Gas at BB still in the ground. KRG unilaterally cancelled gas PSCs - this has now gone to arbitration so only people getting rich are the lawyers.
QD seems like a drilling experiment, lots of holes but they keep missing the oil - never mind, they say they are “learning.”
Resources diminishing so although cash flow looks good, lots is debt from previous missed payments. Production about stable and no more reserve estimate write downs lately.
We wait on Morocco, Somalia land and acquisitions with our big cash pot.
However BoD a mess, CEO voted out at AGM and no replacement yet. Add in Baghdad’s refusal to allow foreign oilers to operate and there ain’t many reasons to be cheerful (even if Hawkeye were still about).

Anyone tempted to put a stop loss in?