Member Info for Maverick7

Trendz - if you previously held RRE, you should know the answer

Are we expecting an interim dividend, if so, any idea what amount, last November-22 it was 8p/ share

Feels to me that Labour are only using North Sea oil as a political toy to score points with the electorate and uneducated. Once they get in office, i can see that they wont be so stupid to turn off the taps and come to some sensiable tax policy, if they dont most of the North Sea operators will definately switch off production.

They will make the Conservatives look even more stupid than they look currently (by the way i am no labour supporter!!)

All the above could just be wishful thinking on my part!!!!!!!

Mitch et al would only agree to a merger if it was good for them - they don’t give a monkeys about shareholders

Should be due as soon as the big wigs return from their holidays

“During July, the Group announced successful exploration drilling at the K2 prospect together with the decision to proceed with follow on appraisal drilling. Results from the appraisal side-track are expected during September and will provide further data to determine a recoverable resource estimate and future development activity. The K2 prospect is an excellent demonstration of the Group's BUILD strategy targeting opportunities close to existing infrastructure to maximise value.”

With oil prices now at $90+ and expected to rise further and OPEC+ cuts until year end, the likes of ITH should be raking it in and thus plenty of cash flow to secure dividend in 2025

So just chill, same every year, wait until all the big cheeses come back from their hols, that’s when the news flow starts

Is that realise a surprise to you, all North Sea companies have said the same, its a clear message to UK government, if the latter dont make the North Sea investible, the UK O&G companies will be taking their investment elsewhere

And what if the value proposition doesnt work out, what if they dont hit pay dirt. They are probably banking on (gambling) that the share price will ramp up ahead of drilling and then they do a raise. Or they are incredibly confident of making a signficant disocvery and then they will raise

Https://youtu.be/VH8JWSA5HNk

Early positions being taken up, follow the money

I believe Andrew Austin tried to buy IOG in the RRE days, i wonder if he will try again, looks like they are in deep trouble with default on their bonds looking like a possibility

Problem is that if you dont have any skin (shares) in the game aka Mitch Flegg, hes interest are not aligned in getting the share price up, he just happy taking his salary whether its paid by SQZ or the UK government

good to see the share price going up though

My dividends will also not be reinvested here - I’m going for URAH

Https://www.ft.com/content/407b834e-a503-4de9-acab-fcf88d76dbb3

Https://www.ft.com/content/407b834e-a503-4de9-acab-fcf88d76dbb3

Anyone know when the next dividend payment is due, is it likely around Oct-23

Https://www.upstreamonline.com/exclusive/on-a-roll-shell-makes-fourth-oil-find-offshore-namibia/2-1-1484831

Can’t see Mercuria defending the share price via buybacks. They probably want the share price as low as possible to progress a cheap all share buyout.

Why waste the cash on buying more shares.

Until September there is no new news to prevent the usual summer drift

You should have waited for 186p