Member Info for maestro1

Eventually news will eventually start to leak, i would hold onto my shares whatever happens to sp short term. Last year balerion offerred 170p after their third offer, it took them 3 weeks or so.

I think multiple buyers will come in now knowing that they will accept 170p-200p now..

Wont be surprised if funds not buyin now in open mkt.

Took more on the drop, guys apollo are big fish, offer will come and board will sell.

Win4call

MM will take it private, they dont need to sell low price.

Jed

You amateur, they privy to offer they cant sell. Dayyum some ppl are ......

Last year expectations were too high, if they offerred 170p again they will take it. I think it will happen. Wait few weeks hold onto your shares..

Imho

Still think bid will come, 150p plus.

Wildtiger

Behave, apollo hav done dd, they worth $500bn, they have their own financial advisors.

Hahaha, apollo colluding with thg you saying..

500bn worth private equity firm. You are a joker

Boom

Dont play dirty games.

Alot if jokers, this will play out for few weeks.

Likely be sold or taken private

Boom

Results are irrelevant, we were given trading update for year ending 31st dec 2022 in jan so we have an idea.

Will get q1 update also.

Its all about bid now. They bidded 5 times for John Wood group, so more bids will come for thg.

It will have to be in 170p range for it to be successful. If MM takes it private for around 100p he wont be forgiven, just 11 months ago he let 170p go. Is the company in better shape now than before?

Some time to go with ML, expected in q2

Its clear that the resource falls into 88e, we have to be cautious as its slightly deeper.

Bob Rosenthal said that the BFF is distal in 88e acreage, he implying poorer quality reservior to pantheons.

MIIF got a perfect op to get cheap shares.

It will be in their best interest to do deal asap and invest their $20m.

We all know in few months the sp will rectify..

It would have been better if they raised the full 80m via placing but they did half with bonds had they not done the bonds they wouldnt have given out more shares and the sp wouldnt collapse this much.

They need to get to production, farm in partners have the upper hand now.

They said they had someone willing to invest 1bn for a small stake but i bet that deals off the table now.

How they messed it up.

Now we have scotty being the jealous neighbour has 88e gets laid more by investors.. shame scotty boy...

He never answers i ask again..

Scott do you get paid by panr to promote them or any organisation linked to them?

Scott do you get paid by panr to promote them or any organisation linked to them?

Panr is indeed worth more, why did panr even get a chance to invest in alaska in the first place? It was because Great Bear went bust and couldnt pay 30m in debt.

Panr made a mistake in getting bond to fund drilling, now every 3 months they are getting diluted which is not the end of world but those shares are being dumped in the mkt and straining the sp.

Panr has superior asset until they get rid of the bonds it will remain massively undervalued. Panr had said they will drill in theta, takitha and alkaid this season so they need 60m plus 40m for bonds thats 50% dilution.. Until they sort funds out panr will remain extremely undervalued.

88e dont plan to get as big as panr, discovery in anyone of the target can be put in production quickly and cheaply as they are close to infrastructure. 88e will likely flow test later this year should they strike any zone.

Dont think they should target kapurak if 2/3 zones strike oil.

Still to my shock how internet speculation from a short hedge fund can destroy sp.

ALL have made all the right noises since then but the sp hasnt recovered. It appears the canadian fund maybe selling down its holding, they went below 3% on the 17th. Maybe thats the overhang and 25k sales showing consistently.

Few month down the line we will all be saying how cheap ALL was.

Does anyone know how long it will take for MIIF to invest, this is perfect opportunity for them and im surprised they not buying on the open mkt.

"wishes to advise that certain Directors and persons discharging managerial responsibilities"

What does this mean? Are they stepping down?

Well done for them to invest.