Member Info for mcfcnige

Have any new shares been issued recently?
If so, this would bring there percentage down?

When do we expect to hear news on these?

Production a bit lower due to ongoing maintenance?

I believe there is a new piece on Stock Box coming soon.
I don’t think it’s an interview, more of an investment piece from one of the analysts.

Good post, won’t the Oil percentage increase when work overs progress?

We need to get out of this 2.2 - 1.2p trading range to go higher?
I think the market is wanting to see project progress rather the same roadmap kicked further out into the year, like what happened last year.
If we financial close on the Peakers, should should change things .

Good question asking why there haven’t closed on any FGS projects?
It sounds to me like we just have to wait.

Thanks Bear

If the cash offer has been accepted, how long does it take before funds arrive?

This paragraph hints at what is going on
“It is good news to learn that the peaker portfolio fundraising progress continues with the team in negotiations with multiple parties, several of which have now advanced to the due diligence stage. Investors might be concerned about the speed of progress here, but these large infrastructure funds march to their own beat and have processes, multi-level approval procedures and significant requirements for DD before they commit a sizeable £55 million to two 25-year projects. So keeping that in mind, investors should show patience as this all plays out, as the stakes are very large. But there is light at the end of the tunnel and management has suggested that potential bids can be expected during March 2022, which presumably would lead to financial close of these projects with one group or a combination of groups very shortly thereafter. “

Corcel are tweeting about Burwell today, is there an update due?

Looking back, that interview was very bizarre.
He was very excited and even gave us time line expectations on a Peakers deal.
Does anybody have any views on this and what may have happened?

Are there any experts on warrants on here?
Just want to know what effect the fun’s raise will have on the sp going forward?

Maybe I was a bit harsh on SK on the previous post, I do think he is a good CEO.
He has excellent knowledge and industry experience and is very enthusiastic about our projects.
it just bugs me that every timeline they state never seems to come off and as far as the sp is concerned, it makes very little progress.

I was very disappointed when I saw the news release pop up .
Reading between the lines it seems to me that the Peakers deal is not going to be as soon as we think.
They were probably banking on the upfront payment to fund there funding obligations for the PNG mining license (whatever those financial obligations might be) and they needed a solution to fill the gap.
If it all goes to plan then the sp should do well during the summer, so we just need a bit more patience.
I am a bit concerned about the sp in the short term, as it looks like there isn’t much other news coming in the meantime.
I am also very disappointed in our CEO, after giving that interview in Dec and getting us all excited.
I think it was unprofessional and unfair on PIs and I am starting to think that anything he says you have to take with a pinch of salt.
He certainly has a lot of making up to do..

There is obviously something cooking big in the background to get this support,hopefully it’s the PNG ML ?

Thanks for the link Abz

SK should never have done the interview in Dec, he wrongly raised expectations that a deal on the Peakers was extremely close and that was clearly not the case.

Wow, just asked for an opinion on the future prospects and get a response like that?
I have never replied to any of your past posts,so not sure why you direct such an angry personal response to me.

If Echo could double the production as Martin mentioned in the recent interview, if thoughts of what the sp could be?