George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Lucky you stated "will this hold". You need to first determine why KIST is down, TTF has fallen more than NBP and the EU are mulling a WFT on energy producers. So they (KIST) are onbviously going to be hit by this negative sentiment, all this has nothing to do with SQZ.
Revenue from GLA is included in the figures, The proforma/table in the RNS states:
“ 1. Pro forma figures include the GLA as if it had been acquired on 1 January 2022. The acquisition completed on 10 July 2022. Pro forma figures for H1 2021 include six months of Kistos NL1 and Kistos NL2 and 37 weeks of Kistos plc since incorporation.”
“NS1 halting for god knows how long has had zero impact. A few months ago NBP / TTF would of gone wild on that news, so something greater is driving NBP atm ... or is it just a broken gas market !”
NS1 halting indefinitely was only announced after Trading hours so it didn’t have a chance to go wild on Friday - that will have to wait for Monday
We probably wont see any indication of July-Aug revenue in the next H1 interims (Jan-June only) unless they choose to do so. I wouldn’t rule out KIST for having a second bite, they will have been making massive profits themselves with TTF being even higher than NBP.
The fact that the Ruskies have shut down NS1 indefinitely will mean TTF is likely to overshoot previous record levels.
I think SQZ will be under extreme pressure to pay significantly more than the proposed 6p/ share interim dividend
Continued rhetoric
https://twitter.com/jeremycorbyn/status/1565357733347475459?s=21&t=c9fBAOYBvptV3aZpXwodPA
NewKTOB
There are many examples in the news media of this type of rhetoric, an example below
https://oilprice.com/Latest-Energy-News/World-News/Scottish-Green-Party-Calls-For-Nationalization-Of-Oil-Industry.html
Looking at the charts we were in overbought territory, so with the some gloomy negative news including UK & European governments using national security as an excuse to snap up oil and gas companies, no wonder we are down nearly 20% from highs. Just some de-risking going on.
We will soon be in over sold territory
all good points, however buying back the shares will just May this stock too illiquid, it only has £83m shares in issue and it’s already difficult buying and selling at the best of times in any great quantity
Don’t you remember the 2019 HPHT Rowallen drill. It wasn’t that long ago. The “market” insiders knew the drill results well before us PIs, the share price went down from around 130p to 90p before the drill result was publicised. The same applies to the North Eigg drill, we will be the last to know, I can’t see this being kept under tight control. As soon as there is any whiff of “leaked” news, the share price will be quick to respond
Load of *******s Rookie, what’s in it for government to restrict travel for the millions, depriving them and their economies of millions in trade and tourism and drive countries to recession, enough of this rhetoric of less freedom
The lockdowns weren’t lies, Covid happened for gods sake
“ So inmv the more cash Serica can build up the better. Then they can acquire asset's when the over inflated market adjusts inmv“
That’s if the UK government doesn’t steal the cash first
Ok Plan A didnt work, but whats Plan B. Does AA have another acquisition in mind, unless the share price is just reacting to the crazy NBP & TTF gas prices, there does appear to be something stirring.
Possible targets IGAS, IOG, I3E.
The labour government will take all the money from oil and gas companies if they came to power, best to return the cash to shareholders asap before the government are pressured to increase the WFT.
Or better still, the government can take my shares for 100% premium after SQZ has paid out a special dividend