Somewhat of a foregone conclusion I reckon, it’s good not to spend money needlessly on exploration that will not bear fruit.
My sentiments exactly Euston
It seems that Hungary is the fly in the ointment at the moment, but as with all EU negotiations when one country wants to vote against the rest they usually find some way of appeasing them… With EU cash. Problem with the President of the Hungary is him being an admirer of Putin.
By the time the tax is due we will have many more millions of £’s in the bank from a few more uplifts
The vessel PetroAtlantic has arrived at Wilhelmshaven Germany to unload our precious cargo of oil.
If the Tories were in anyway communist they would have nationalised the whole energy industry like the Labour Party would love to. Then they could run them in their usual efficient manner and drive them into the ground
If HUR has any tax liability at all reference the ‘windfall tax’ it will be minimal. The price of oil is increasing again which hopefully bodes well for the July uplift. Looking forward to seeing the figures for the oil which is en route to Germany at the moment. Probably going to be a few working days before we get the complete figures.
We are down a little this morning, don’t think we have been singled out look at the rest of the market, just about everything is lower
Debt restructure and acceptance of it are always a good indicator of the progress and recovery of a company. The share price usually goes in an upward direction, The addition in this case of course was the tumultuous announcement yesterday.
Delaying a repayment by one year will be no problem and will surely be accepted in light of the recent order, coupled with this will be the income increase from the installation of the extra turbine shortly to be announced. In addition SAE always has the backing of it’s parent company. No vulnerability here.
This is what can happen pricewise, when do you have a price monitoring extension.
What did I say earlier? Let’s hope it doesn’t drop back down?
It generally climbs back at the end of the day.
It’s very likely to climb back up at the end of the day
Earlier than that IMO
We just need that official announcement from the board of directors that we are now officially debt free.
This will only come once the payment has been made, everything after that is gravy.
Buys are 4 x sales so far today.820k bought 191k sold.
I agree, a little drop today which usually happens before the results of the latest uplift are announced. I never understand why, however it will climb back up again once the figures are announced and especially if an announcement is made about clearing the debt
Certainly more buys than sells this morning and the price is ticking up nicely, let’s hope it will maintain and further improve.
I agree, I think an RNS will come soon regarding the installation of the final turbine along with performance figures. All is looking good with SAE, we could see a return to 7-11p..