Member Info for Maverick7

Petrobas has taken a 10% of Organge basin in block 34ER in South Africa from TotalEnergies - story on LinkedIN. This block borders Namibia and PEL39

This is just your usual sell on news, gives a chance for people to buy or top up, if they believe the Greggs story, it will continue to rise into the new year

What did you expect after the payment of the dividend? Buy back at 220p

Lol Cheshire Cat, you can’t seriously be quoting Lorna the worst CEO on the planet, how may shareholders has she wiped out with her serial dilutions, your next share raise is coming, but this time it will be at 20p when there will be a share consolidation and she wipes out all existing shareholders, that BOD are corrupt as hell

Simple answer, the directors with the help of market makers and so called “sophisticated investors” pumped the share price up and were selling to private investors at higher levels whilst they diluted the share price to hell and rinse and repeat. These so called “sophisticated investors” were given shares at a significant diluted price.

The problem if you call it that here, is that Bo Sears is unwilling to play that game ?

As the company moves on to the development phase, the trillions of shares in issue will be consolidated, new investors brought in, old investors wiped out and rinse and repeat in future

I guess a lot of investors are waiting on the sidelines until Labour present the new budget in late October and if they come to their senses regarding North Sea oil investment

Lorna has poisoned and killed any further share price rises here, looks like great news but the share price id dead. It will now continue to fall and then there will likely be a massive share consolidation with further funding

What ever she’s paid its too much, this CEO is the worst on AIM, constant share dilutions, another one coming and i can see a share consolidation further down the track when they have 20 billion shares in issue

M1Rob - Wow, do some people even read the RNS, are you illiterate

Why you defending LB, she is the worst CEO on AIM. I agree with the rest of the directors being a joke. Why on earth would you raise money at 1p when you know the extended well results were good (unless it’s made up) and could have raised much higher. Something stinks here, who are their pay masters

There are no constraints with weather and all year drilling activity, if we get good results we can progress the project in good time with limited delays

You can’t compare HEX to HE1 and you certainly can’t compare CEO Bo Sears to that sorry example of a CEO Lorna

Amazing last RNS on Clink1 progress. This well is more of a risk than the Rudyard prospect where we have contingent resources, so if Clink1 comes in, share price should be multiples of where we are now ahead of drilling Rudyard

Rudyard project has gross Contingent Helium Resources of approx. 484,000 Mcf with additional gross Prospective Helium Resources of approx. 112,000 Mcf.

I am no longer an investor here but keep a watchful brief, sold out because i could see that Labour coming in would kill the industry.

In one of Mitch Fleggs recent investors Q&As, i asked a question about what could SQZ do to influence or change government policy. As expected he brushed it away and pretty much said that they couldn’t do anything. Talk about giving up or having no fight to protect their industry. I am not surprised as Mitch at the time didn’t have any skin in the games, he had nothing to protect apart from his job. Prior to the takeover, if SQZ was nationalised he would still have been taking home his inflated salary.

Current situation is that SQZ just can’t walk away from the North Sea as they are so invested in it - sorry state of affairs

Looks like a buy @12p but not 100% certain, that’s confidence for you

The muted share price action is no surprise, market has no confidence in Lorna, she’s killed all the significant potential rises due to her constant massive dilutions. Would you trust her - thought not and neither does the market

Possibly 3 drills in late 2025, other than that still ongoing discussions with interested parties for farm outs for South Africa and Guyana. Anyone of those farm out could be agreed upon at any time but it as stated that negotiations can take some time!!!!!

Is that a £2m trade at 2043 reported out of hours 14% down?

I dont think the share price malaise would be any better on a non AIM platform, its the general market malaise and more so with UK oil and gas stocks. Most oil and gas stocks are at historic lows - look at Ithaca for instance. Basically the Conservatives and the joker Ed Milliband have killed oil and gas as an investment.

We also see that historically, SQZ tends to drift away in the summer months