Member Info for legache

Yes, would rather Blakely spent the cash on growth, rather than divis. If I want divis I'll buy Legal and General!

Which social media platform bid you see the information about the additional gas discovery?

In the old days an RNS like that would send the share price into orbit. Would be interested to know if this was planned all along ... Guess we will find out on the 9th!

What do we think all think re results?

Get the gas flowing for 12 months and I am hoping for £1 at least

Better than me Kalan, I've been holding this for years at an average of north of 50p! Haven't got funds to average down atm [personal expenses have rocketed recently], so gonna hope the next couple of years treat Blakley and me well!

So the final payment, due before september is for 2.2 million less 1,4 million in escrow for tax liabilities. "settlement of any tax liability (if any) in full."

Does anyone know how much tax we will pay? It's just a strange remark "if any" to make in the RNS if they're paying 1,4 million into an escrow account.

Looks like we are fir real, barhut. 🎉

Nice2Michu, this touched 5 quid IIRC in the Hart days. Good bloke Kevin Hart, got a lot of stick at the time. IMO

I'm going to stick my neck out here but I've been watching some of these trades and I reckon there is a big buyer. All the little trades presumably that fella chucking his holding away rate just getting eaten up, same day after day.

"CEO said we are aiming for a share price of 2p and aleph takeover of 3p"

PMSL! Of course he did!

Would make sense. Would perhaps indicate the deal is going ahead sooner rather than later perhaps. Otherwise, why incur the higher interest rate?

Still, even it takes a year thats IRO 700k in interest payments. We're expecting the deal to be worth 12-15 million USD. The cap is just 7.3 million. Still, if they complete within 3 months the interest payments will be dwarfed.

There's no reason to think the SD deal will take another year to complete, Maestro. Nothing they have said indicates such

I don't get that logic maestro, the assets are producing and profitable. The issue has always been repatriating cash, not profitability.

Ridiculous reaction. Let's hope they can get the other deal quickly concluded.

Nm

It's easy to say it was a good offer with retrospect. I voted against and given our nav, would again

Congratulations!

I'm sure it's just lovely bureaucracy... Nothing sinister