Member Info for Laura2022

Certainly the 2 previous bidders would have done huge due diligence and , as you say, the auditors had not found anything irregular.

WG at £350mln and very comfortable debt/accounts could be the bargain of 2024 just like Rolls Royce was at 70p in 2022/23

I agree

Takeover

Back to growth

Share buy backs (lots of companies doing it to bridge valuation gap)

He's not succeeded so far ...he can't be doing this for free ?

2 February 2024

 

Red Rock Resources Plc, ("Red Rock" or "the Company"), a natural resource development company with projects and investments in Oil & Gas, Gold and new generation energy metals, announces the appointment of Mr David Lenigas as a Strategic Consultant to assist the board and the Company as it begins a new phase of growth.

Red Rock's Chairman Andrew Bell comments:

"We have known David for some years now and worked well with him in the past when we jointly developed onshore oil projects in Southern England. His drive, his ability to think outside the box, his instinctive grasp of the big picture, allied with his mining engineering and corporate expertise make him a good match for Red Rock at this juncture. His appointed is at the perfect time for us as we begin to structure a new and very exciting future for Red Rock.

We now want to bring some of our key assets further along the production path and we need people of David's experience and drive around us who understand what is needed and how to get us there.

David Lenigas is someone we have had a good experience working with and who can help the Company achieve what it is capable of. We welcome his arrival to the Company."

Or just buy it himself

Aberdeen oil tycoon Sir Ian Wood named third richest person in Scotland in Sunday Times Rich List

The Sunday Times Rich List confirmed the Wood family saw their fortune rise by £91million to just over £1.9billion

Charta

Actually never thought of that

They could use these disposals and free cash flow to do share buy backs ( would need approval etc)

Interesting that Lenigas has been booted from PPP a last week (see RNS)nd the reason it's still suspended people at PPP speculated his firing might be to do to his dodgy dealings /attitude

Wonder how much he's getting paid at RRR as "consultant "

The Sheffield/PYC partnership could be a very long term one with some trials (eg 1st on list recruited June 2024 but go for 3yrs)

https://www.cancerresearchuk.org/region/sheffield

Debull posted this at the time so credit to him , this was the tweet that Physiomics re tweeted

https://x.com/sheffielduni/status/1820399409898586226

"A new form of immunotherapy could give new hope for prostate cancer.

@clancie55 research, funded by

@ProstateUKProfs, shows that using innovative nanoparticles can delay resistance to hormone therapy and help men with prostate cancer live longer."

I believe that Sheffield Uni got substantial funding from Yorkshire cancer research, hence why they have quite a few irons in the cancer fights fire. Be it the above or the fruit fly angle which PYC have collab'd on.

This was the Daily Mail article from 3rd August mentioning Sheffield Uni

The postings are from page 49 of the PYC chat pages

https://www.dailymail.co.uk/health/article-13704343/Thousands-men-prostate-cancer-live-longer-thanks-new-treatment-designed-help-bodys-immune-target-tumours.html

Many thanks Trench

Jim in his final interview mentioned more to come from Sheffield and someone in summer said there was a larger North Yorks grant for Sheffield

Thel larger disposal "could" be 2024 but may be early 2025 as per the Nov update

Disposals

In August 2024, we announced two disposals that together are expected to generate net cash proceeds of around $125 million in 2024, plus loan notes due to Wood of c.$40 million.

 

The sale of CEC Controls, an industrial and process control systems business, completed in the quarter for net cash proceeds of $30 million.

 

The sale of EthosEnergy, a joint venture focused on rotating equipment, was agreed in August 2024 and is expected to generate net cash proceeds of around $95 million, plus loan notes of c.$40 million that mature in around five years.

 

Regulatory approvals for the sale of EthosEnergy are ongoing. While we aim to complete by the end of this calendar year, there is a potential for regulatory delay and for the sale not to complete this financial year.

This would be 1/3rd of current market cap

As part of Wood's previously announced disposal programme of non-core businesses, the Group has signed deals for the sale of its stake in Ethos Energy Group Limited ('EthosEnergy'), a joint venture focused on rotating equipment, and CEC Controls Company Inc ('CEC Controls'), an industrial and process control systems business, in the automotive market. Combined, these two businesses contributed $41 million to Wood's adjusted EBITDA in 2023.

Wood expects net cash proceeds of around $125 million from these disposals when they complete, which is expected to be later in 2024. In addition, Wood will be issued loan notes by EthosEnergy which, on repayment around five years after completion, will generate further proceeds of up to $42 million plus interest.

Jennifer Richmond, Wood's Chief Strategy Officer, said:

"The sale of these two non-core businesses is further evidence of progress of our strategy. We continue to review Wood's portfolio in line with our strategic priorities to be selective in our markets and capabilities and steadfast in our commitment to simplify Wood and deliver greater cash flexibility.

Thanks for the charts link msuk

And cross party Senate have to approve

So in less than 5hrs you "thought it through "

Laughable

Green bin

From takeover to 11p in one day posting

Absolute fantasist

Jxp101

Posted in: WG.

Posts: 243

Price: 56.40

No Opinion

RE: 🎲 🎰 WOOD CASINO - NOW OPEN 🎰 🎲12 Nov 2024 15:15

We might see 11p like Petrofac

Jxp101

Posted in: WG.

Posts: 243

Price: 57.55

No Opinion

RE: 🎲 🎰 WOOD CASINO - NOW OPEN 🎰 🎲12 Nov 2024 14:16

Spot On!

Jxp101

Posted in: WG.

Posts: 243

Price: 57.75

No Opinion

RE: Review Impairments12 Nov 2024 14:05

Correct. However, the BoD made large purchases not so long ago. They are privy to more information than we get and would not have parted their money in this way. We will see some BoD purchases soon

Jxp101

Posted in: WG.

Posts: 243

Price: 57.90

No Opinion

Exciting times ahead12 Nov 2024 13:54

So much to play out :

1. BoD buying shares

2. Review completion

3. Takeover offers

You do wonder if 3 or 4 of these users are the same person

Same fascination with WG but splattering of CPI PFC posts

Wow..Lse for 4yrs and 90+ posts on WG which you don't rate /hold

Green bin

This interv9ew was shared by PYC

now we're all into Q4 I'd assume other updates from DoseMeRx/PYC partnership (other than the new trial PS mentioned in Proactive interview last week )

DoseMe

2,524 followers

3w

Fascinating interview with Marc Scheetz on Life Sciences 360 Marc explains how precision dosing takes treatment to the next level, by using real patient data to ensure the right dose is given. Listen to the full episode here: https://lnkd.in/eAZMG-Vr #therapeuticdrugmonitoring #bayesianddosing #precisiondosing #modelinformed #pharmacy #futureofmedicine #antimicrobialstewardship

Huge over reaction by vaccine makers

This is all he's said thus far

Kennedy has proposed tighter regulation of the pesticides farmers use to juice their yields, a reexamination of vaccine safety data, a ban on highly processed foods in schools and a remaking of the agencies making the rules around health and food