George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Tweet by Serica today - what are they trying to communicate
https://twitter.com/nstauthority/status/1603680616779743232?s=46&t=3dwybXokhdNTYIavF7RrrQ
What makes you think KIST will be back to make another offer, or are you hoping that they will? I think KIST have moved on, I certainly don’t think they will make a better offer - that’s come and gone and most of the shareholders gave it two fingers.
Why would anyone want to farm into Irish assets, nothing ever happens there - the Irish government are anti hydrocarbons - AA will stay well clear of Ireland
Yeh, markets pricing this at lack of management activity and balls, they also don’t want to pay the shareholders any special dividend because they have no skin in the game. Why on earth did they recommend to shareholders to not sell out to KIST - probably because they would of been made redundant by AA
the share price went up in the event of a North Eigg duster. Currently feels like there is a mountain of cash waiting on the sidelines. Any bad news will just be temporary and investors will pile in.
Volume picking up and some hefty trades today
I am surprised that there has been no leaks of positive (or negative) success with the North Eigg drill. Its must be getting very close to the business end of the drill. Its not like Serica to keep a tight ship.
I believe someone posted that there would be a corporate update in early December so possibly we get an update then.
Under “normal” circumstances, i think AA would of been back to make another offer for SQZ, but i think the UK government has killed the second coming there.
Will be interesting to see what AA does, he’s the major shareholder but has the UK government killed his appetite in Oil & Gas, so does he have another type of asset in mind but still within the energy sector
I wouldn’t trust Keith Hill anymore than i trust Gill, both talk out of their backside tbf, anyway best time to buy now, imho
Has been significantly reduced from @12,3k to £3k over the next 2 years. That’s not good for trading outside an ISA so I can’t see the like of Hargreaves’s being to happy with that. Will be interesting to see what they say
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