Member Info for MajorThomas1

Regarding price action, on a day when Copper is down 4.4% and ARCM is up 6% that is some seriously strong price action.

Been keeping an eye on ARCM, having previously held and decide to jump back on board today. With the synergies to Senitel and the potential AA link this should have a good future and hopefully provide us all with a good return.

GLA

Being totally honest I would prefer a takeover / Merger. But only at a fair price!

I have exactly the same amount invested in IOG as I do DELT. I understand the benefit of having DELTs prospective resources combined with IOGs short term production and collaboration with CalEnergy.

Hlwever any less than 3p equivalent and IOG can sling their hook as far as I am concerned. Under 3p I would rather DELT go it alone and IOG find additional resources elsewhere.

Yeah stokey very positive to hear JW saying the Secretary of State has "Gone to see if he can move it along a little bit quicker for us"

Hopefully the marine licence will is not too far off.

Hello ATG, welcome!

Yeah 6 working days for IOG to put up or shut up. Not long now.

Brilliant update from JW. There is so much interest in InfraStrata from the UK government, Northern Ireland executive and the MOD.

Don't even need to join the dots here. IMO it is so obvious that Islandmagee and H&W is seen by all who matter as key drivers for the NI economy post brexit.

IMO the current £23m MCAP will seem a distant memory in 12months time.

IMO a bid will come.

Can IOG get the dilution, required for an all share offer that will be acceptable to DELT, past their major shareholders? I don't know.

I think there is no more than a 50/50 chance that it comes off. If it doesn't I am more than happy to stick to plan A. Progress and drill our assets.

With Shell's involvement on the DELT side and CalEnergy's involvememt on the IOG it will be quite a complicated transaction.

Shell have done a lot of work on Sellene and Pensicola and recentley obtained the further licences around Pensicola with DELT. I think Shells comitment to these assets is obvious and I think they will want to retain the assets, to progress and hopefully produce through Shell infrastructure.

If the takeover / merger goes through I see the enlarged IOG group selling off the current DELT share of these assets to Shell or another entity who will progress in JV with Shell.

I also see the CNS assets Dewar etc. Being sold on as it is outwith the core SNS gas focus of IOG and Calenergy.

The remainder of the portfolio I believe will be farmed out post takeover 50/50 with Calenergy, progressed and produced through IOG / Calenergy infrastructure.

As you can see there are a lot of potential stakeholders. With the bid is still live after all this time I will be very surprised if a bid of some sort does not come in.

Hopefully we get a takeover figure before the 9th. The question is how much will this bid be?

Yeah, happy with the price and with HZDs prospects going forward.

Onwards and upwards

Macho, who's the selfish exec? Not able to deliver funding for what production? Whatamagemnt team do you want to get rid of?

Weathergeek, I won't keep posting as I really don't want to deramp. I just wanted to call my trade and reasons. I will not post again until I buy back in.

GLA

Bahrgav, I've been here for a long time and I hope that if you look at my posting history on OMI you will see that I have been pro OMI and pro ANZA over the years. So, please don't take this as a deramp.

For total clarity, I have now sold out my holding as a 3 bagger with the intention to buy back later.

I know your an honest poster but this is being ramped by people not so long term or honest.

My take on today's RNS is Newmont have started passing on there responsibilities to Agnico. Newmont were supposed to spend $4m over the next 12 months and Agnico are spending $0.7m. Newmont have had 3 years to look over ANZA and are giving away 50% of there holding on the cheap.

I have sold out but I do hope to buy back later as I still believe in ANZA. I am not qualified to give financial advice but please consider locking in some of your profits because IMO this will drop back to atleast 6p once the short term rampers move on.

GLA

Maybe pure speculation but as part of any tender process it is normal for client reps to review the facilities etc. of the bidders as part of the tender process.

Maybe the commander and the captain were on such a visit. Maybe INFA are in the final stages of a tender process for MOD projects.

Took the opportunity of the drop this morning to take my first position in HZD.

Hopefully not underwater for too long.

Opened up over 9% so guess the news has been welcomed favourably by the market.

Not posted here for a long time, been patiently waiting to see the phase 2 plans. Be interesting to see how the market reacts to this mixed news.

Ivans, the big fall in gas prices today was in the USA. The USA price is actually currently down over 9%.

No need to worry though as the UK NBP price only dropped 1.29% today. It is in an uptrend and has been rising steadily since June which bodes well for both DELT and IOG.

Link below with the details.

https://www.reuters.com/quote/NGLNMc1

Not all are share holders in both. Even the ones who are will want fair value for the thier DELT investment.

Who do you think? Shareholders of course.

Mike, if it is a terrible bid it will be knocked back. If so then we carry on with plan. A. Appraise, farm out and drill the many highly prospective assets we have.

We didn't encourage this offer and we don't need this offer.

Peak, you are guessing. At least my opinion has reason. You cannot even substantiate your claim with ANY fact.

With my DELT hat on I am hoping for fair value for my investment in DELT. Cannot fault me for that. I hope.

With my IOG hat hat on I am hoping that IOG can expand resources and production and I can see a rerurn through dividend or higher SP.

Do yourself a favour and look at the production profile of IOGs core project.

Phase 1 pays for phase 2!

Phase 2 pays the euro bond c/W interest!

There is no return from IOG unless phase 2 production and revenue is increased.

Do your home work and comeback with a factual, reasoned point of view.

MT1