Member Info for Maverick7

They just dropped it from 12k to 3k over the nest 2 years, hardly worth the risk of trading in your trading accounts, i bet the financial industry is going to be pleased

because the share price will go down when they start the drill, expect to see sub 3p, then we will see a gradual rise. Its sell on news, you should know that by now.
I expected a bigger rise into drilling, but all this negative sentiment in the market has killed that.

lol, come back next week and i will let you know

Anyone having any difficutly offloading shares in any volume

We would all have taken 250p, you can never call the highs and lows, this stupid government and the ones waiting to come in (far worse) makes the decision far easier - quit whilst your ahead?
I don’t buy the theory that there will be mergers and acquisitions in the North Sea - who would want to invest in this climate - no stability or certainty for years to come
This oil “investing” game has been fun, but all good things come to an end. I bet the hardy’s are pi££ed off
Let’s see how we open Monday.

Why would they want to look after shareholders, they never have, they don’t have any skin in the game. They pick up their inflated salaries sitting on a mountain of cash, just waiting for the UK government to seize it all.
It makes no difference to the board, WFT or not they get paid

If they are side tracking and testing, would we not be seeing any flaring, someone last week posted a satellite image of the rig and support vessels.

I can’t see any side tracking yet, if they had any sign that of oil shows and that warranted side tracking I would of thought ECO would be shouting as load as possible
ECO are the operators here and they would want good news to be out in the market
I could understand Gill wanting to be a little bit reserved this time around as a result of the debacle around heavy oil in Guyana, but it’s not in his nature
Also there has been plenty of times that a duster has happened well after prolonged drilling.
The volume doesn’t suggest any major hit yet
Fingers crossed for a great result

Analysts expect it to open at the lower end of market expectations 250p

why not say who made the offer

This begs the question, what value for BKR if its all going on tax. Even if Eigg hits, all the revenue will go to HMG, hope SQZ doesn’t fall to cash equivalent.
They should of taken the KIST offer!!
I would like to see the BOD stick two fingers up to HMG, problem is they are just a minnow and have no influence (despite producing 5% of UK gas).
They need to return a fair chunk of that cash as Rushi et al have their eyes on it unless of course they can identify a friendly country to invest all that cash - is there one? Maybe time to merge with CHAR.

Increase of further 5% so from 25% to 30% increase
And an extra 3 years to 2028

https://twitter.com/willhares/status/1586687090145755136?s=46&t=1bbvMmNDiCeDmxzbzFMTBw

https://www.investorschronicle.co.uk/news/2022/10/27/the-aim-100-2022-60-51/

Why would our board of directors want to sell the company, apart from ACW they don’t have any meaningful skin in this game - SQZ is a gravy train for them irrespective of the share price

Serica has a history of a leaky ship, if it’s not just a reaction to ex div sellling, it’s got to be Eigg

Buy backs didn’t help META

Not me, it was a given that the share price would drop when it went ex dividend and the current mild weather doesn’t help the gas price. The prediction is foe mild weather until mid November.
The MM have just taken the p with the share price after seeing all the sells after going ex div.
Last week i said to expect 255-285p, its going there

Would they be doing one this early, my understanding was that there were several stacked targets in this drill, so surely they would drill to target depth and then determine any side tracking

According to Eco-Atlantic Facebook page:
“Lot of activity around the rig, 2 large supply vessels operating to and from the rig”

I have no idea on the validity of these posts on facebook, but are they doing a side track, if so surely this would need a RNS

waiting to see how the shares respond when it goes ex dividend, looks like mild weather is here to stay until mid Nov.