I’m waiting patiently for a nice dividend thus bringing a re-rate in our Mcap.
We can be pumping 50k with no debt but without shareholder returns we are relying on buyers pushing up the price and with the green bull sh ite that’s not really going to happen.
Returns attract investors that’s it
Zippy when I was at school those 3 kids wouldn’t have dared complain to the teachers as would have been called “Grasses” and would have had to take a good hiding.
Back then if you didn’t like what someone else was doing and it had no interest to you other than jealousy it was best to keep one’s gob shut.
These Orange jumped up little sh ites will come a cropper sooner or later.
Just like the idiots putting our energy security at risk.
Pressure is building each and every day
Stevo just to clarify are you using the kraken lease as a debt and if so are you saying it cannot be offset against the EPL or are you classing the lease as Opex and if so is not part of our debt and can be offset ?
Stevo’s post are all negative and has a hint of Mrc about them. Stevo is cleverly wording his posts in an attempt to put fear into the minds of our shareholders on this board. Some of his workings I agree with some I don’t. When I get back I will put this to IR and see if he is correct or not. From our 22 figures I can’t see how his FCF 23 figures are correct but let’s wait and see.
Stevo - I have been looking into this whilst sitting here in the burning sun and I have to apologise to you as your figures are correct. I suppose a profit is a profit and we may as well accept the UK being better a better place to invest than Malaysia if we could offset debt and costs of debt. We are sitting on a large amount of Tax credits and we should use them up over the next 7 years. We need to drill at Kraken and Magnus and we must push to open up B and B even if that means starting off with small production using the EP.
It’s been a bad week and that’s probably down to me going on holiday (always tanks when I go away) I’m back next week so maybe we might start to build a bit of green again.
15% down in 3 days - thought we may of held a percentage of last weeks gain due to the JP Morgan raising its target twice
Oh well back to square one.
Maybe JP Morgan could buy some stock and put its money where its mouth is.
I've been following Easyjet for a while and the update reads fantastic. They (The Board) obviously don't see a risk to world travel nor do they see a slow down in world economies.
This is a no brainer for me specially at current Share prices
I've couldn't sit on the fence any longer and bought in this morning.
I'll sit and wait this out for the next few years when I hope to sell above a tenner a share and I'll let them pay me a nice dividend while I wait.
Lovely Jubbly