Member Info for MaverickD

Looks like the bulls are back again and the sp appears to be recovering yesterdays losses - I would like to see a break above 18.5p, as I do believe their is a buyer circling and like I said Kosmos seems the best fit right now

Will now perhaps come to the table again…….I said their was a bidder in the background and we have seen shorts cutting their position - this will head back up and with Brent comfortably above $70 this is a revenue cow now with the runway to expand operations with the licence extension

@Nolupus there are clearly ones that come and go on the board and like yourself I have been here quite a while now and the lunch will certainly come it just depends what your entry and exit price looks like

Definitely a time to add I have again, reversal in price inevitable. Nice return from here for those that took some off the table when this was 6p+ recently

Send it……

Some larger buys seem to be going through now

@Peter that’s the most reasoned response I’ve read, albeit Covid wiped off like 3 years and delays were unforseen. We have a clear runway and its about what they do now to deliver - agreed

Now pointing to a breakout, so see what snippets the AGM brings

Now just need my holding in IMM to climb, with the AGM this Thursday I should be able to move more money across here and actually average up

Wonder is we have a potential suitor…….like I said previously this is possible

Wonder how Mandy on here now wish they added more in the 13’s and 14’s - re-rate was inevitable

Looks like we are set to bounce from here - sp very sensitive to the buys and that usually means we are getting to a point the sp breaks out…….AGM this week

AGM approaching…….should see the sp heading up in anticipation

Re: Payment

Corporate sale of Tullow's entire Gabonese portfolio of assets, representing c.10 kbopd of 2025 production guidance and c.36 million barrels of 2P reserves (independently audited at year-end 2024).

· The total cash consideration of US$300 million net of tax (subject to customary adjustments) due on Completion.

Takeover is always a possibility - Kosmos were interested not so long about when debt was double where we are now and licences not renewed - better proposition now for sure

Not sure many if any are short - notifiable is sub 2.5%, which is nearing historic lows here. We are definitely a more attractive propositions having banked 300m a week or so ago and our licence extensions, so having consolidated I do believe we will see a nice move upwards.

It’s a really positive Rns and the debt is very manageable - I was here when we were at 4 billion in debt, we sold off some assets and we are at a very good gearing ratio. The extensions make us very much more attractive should Kosmos be interested again…….maybe even Total

On the extensions and improvement in reserves should see this moving back up again

Nicely building…….update pending

Watch the trend on this - its moving upwards, albeit slowly

@Peter that comment actually made me chuckle……may P140 can address periods too