The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
More tempting now! Might not need to wait too long...
Shhhhh! I'm still topping up.....I've got to offload these betamax movies first....
Seriously excited moving forward. Damn annoying the communications but realise what's in play here. Gotta furnish the new build mansion yet....
Nice buy gus @2.50 well, I've sprinkled my fairy dust and I promise you won't get an RNS on Monday:-)
Monday Bank Holiday....
Well my purchases were cash flow.
Yea I'm with you vanilla on all three points. I'd only add a little bit of luck to that too for those that believe in it. Shouldn't be too long to see which way things are going. Still expecting the new CEO to be speaking up soon on the plan moving forward, he looks well respected and a key figure in related industries but I guess time will tell. See he has a lot of history in the Emea, not sure how much the Americas but he has some Asia experience too, I am quite impressed and hopeful but the tic tocks on to see what he has done so far and going to do....
@pepermartinez well if that is what works for you only you will know best. Please don't take what I may say or anybody else on this board or any board for that matter as investment advice. I see you have commented on a number of boards so I am sure you are well aware. I just like the play from this current point, but like most stocks dyor. CEO, Court case, 2nd half financials/order book, future of IOT etc. are my guides on this one. Each needs to tick the box this year else its a takeover or I'm out.
@pepematinez, well that's only a question you can answer. Aguments multiple ways on that and really dependant on personal circumstances. What I will say is that no-one really knows where this may or may not be heading. There is some really knowledgeable posts on this board but some of it is hindsight, but it is a track history in any case and isn't good. BUT, there is a new CEO in the mix who appears passionate and from what I have seen is active in the industry so far even in the last week
..does it translate into big deals thou? We don't know how the BoD dynamics will be now and there are many other factors too. The court case is important too, not just for this case but also future IP value and licensing. I feel for anyone in this position but for me it's easy, a good play upto 2p until good court case result or until we get something substantial from lars. Anything different and I'm out I think.
I think you have a good point somm. AND my uncles name is definitely Bob 🤣
Thanks kheldar. Only thing I would say/add is that the
Debenture became repayable once production was achieved...so I know what I'm thinking...
Well that is encouraging investments made by two investment houses. Although this seems like a good play at these levels there still some way to go for building and growing market position as well as the IP dispute, which who knows how that's stacked- it looks like lawyers on both sides have excellent credentials. Perhaps both sides will go for win-win so to speak. Hoping to see something from the new CEO soon, he has the contacts and background. Let's hope that translates into transformation. Tic tock.
When you wait for a bus, they all seem to come at the same time. I'm waiting on 4 RNS all about due now. Come on CC and CASP.
Interesting reads on kazack gov and ENI.
Yes my previous purchase was at the ask and was much larger so I was happy with 2.61. Optimistic there is something brewing, sentiment in offshore and deep drilling seems on the up, or maybe I am noticing it more with the research and reading. It wouldn't surprise me one bit if a big player not currently seen "in the picture" is about to be announced. But that's not based on any fact, just in case anyone thinks I'm ramping 🤣.
Well I dipped in with a little buy today, although it's shown as a sell. A tiny raindrop ripple in a massive ocean 🤣
When is it due ? Contracts being drawn up ?
Haven't they had a business relationship for a number of years ? Is there some further announcements ?
Go on then
- Quarterly dividend will be paid rounded up to the nearest crumb so effectively an increase.
- production increased to 3750 bopd overall
- 802 ongoing but confirmation of flow and production
- Progress update on each of the shallows and 155
- Spud date 803, reasons and expectations for drilling
- progress update on mcBoaty preparations, no new contracts this year
- confirmation of aquisition of block 8 and date for completion and vague outline of work plan
- some other tasty bit of info but rather vague with no timescales sometime Q3/Q4 2023
- something about domestic and international pricing in relation to income over the year
- payment of debenture , profits, cash flow, future dividend blah blah blah
Was that a good enough scattergun....🤣🤣🤣🤣
-
Dipped a toe in today, looks promising recovery play.
Agree
Stating the obvious, there are three key things
1 2nd half results and forward order book
2 CEO Plan and activity so far
3 Court case
Did I mention luck 🤣, I suppose there is some of that too....
Thanks pageofcups, all very interesting and some positivity there after what seems like a long wait. Only came across this following subsea7 announcement last week so started looking around various locations worldwide and stumbled here on travels across boards/market. North Sea stuff steering clear of for the minute