Member Info for lsetown

They are busy at the shops as far as I can tell. Don't sell any more!

This is around the net cash level and they are doing buybacks - albeit limited though!

Sofa sales are going to suffer when the consumer tightens his belt but if the share price is right......

Yes, they said it will be on YouTube afterwards.

Nice RNS too!

answered immediately! thanks.

Have they said what the warrant exercise price is?

RKTech made a good point - a normal bank wouldn't risk money on something like this.

JA seemed confident in that RNS though - why?

If Moneymunch is right and a new African Energy Bank gets involved, then this could be a big win-win for TRP and Cameroon.

People like me were paying higher prices when the oil price was only $40 a barrel, and there were no massive discoveries in Namibia.

Don't sell yet!

The LOI is with Shelf Drilling

'Shell'?

Good spot bobbyaxelrod - thanks.

Not saying it is a good thing but I wonder what the chances are that the BOD here will want to get involved ?!

Last year there was:

6th May 2021 7:00 am EQS Superdry plc: Year End Trading Statement

Well I have topped up quite a bit today.

It seems to me that if they can get back to anywhere near the old profit levels then this is way too cheap.

Yes - good spot that.

Unlike the previous reports there was no number put to the lease liabilities. Perhaps these are lower - they said in January they owed £7m for deferred rent so have they paid that?

The business is very cyclical too isn't it and the early part of the year may be loss making??

The normal spread is tight - it isn't a spreadbetting company you are talking about is it?

To add I know that Envoi have been in the industry for years and years, and I have seen their stall at many exhibitions and it has often been very busy.

It may be small but when you say that "Envoi who are a tinpot one man band outfit not worth considering in any business sense" you are wrong.

This has been mentioned before. The Operator (Tower Resources Cameroon S.A ("TRCSA")) is a subsidiary of Tower Resources - so it would mean 50% of the Cameroon asset only.

Having said that, unless they chose this route first (which they didn't) then I don't think it could easily be used because they may end up in a position where Beluga were awarded 50% of the licence by the Cameroon Government and also held 50% of TRCSA. An effective 75% or so.

If a third party was coming - why are we about to give over half away to Navitas for nothing?

Dour negativity Simes - when this is over £1 next year are you going to admit your error?

Didn't they pay that back to a creditor?

Sadly I fear you may be right Rktech.

There must be many more people interested now at $100 oil - the Beluga deal was done at $40 oil!

Could we source the $15m from a partial farmout in Namibia I wonder? Then 100% of Cameroon would be for us.

I still think we are suffering from the 80p buyout of Carl's shares.

I am waiting for the trading update before being downhearted.