Member Info for Mikey279

We've had a 50% hit already on the same news, then got dealt another, 3p is fair

All IMO

Round sells have dried up, should hit the 2s today IMO

Renewables, Rissanna, onshore and new projects

Plenty going for them

Placing at 6.5p, broker value even after the dust is 8p - my guess is a1/a2 gets sold to ENOG to fund the rest,

Probs end up 10p when all is done

All IMO

Should really be 2-3p pending news IMO

Well overshot

The irony is that if the rns last week wasn’t released we’d drop to the 3p zone

The vagueness caused a double drop

All IMO

Few weeks rather

Why? They just raised a few months ago and it’s likely enog take up a1/a2 on the cheap

Imo

He didnt, now the only way they make it viable is if they take CHAR's cut and negotiate with the government, 100m will be nothing for them

All IMO

A1/A2, onshore, renewables, namibia

over half mcap in cash

Fire sale of everything would be 8p or so

All IMO

Even with a duster, this is well overcooked....

Metrics suggest this was already priced in

Well overdone imo

Did I not say?

It’s silly a 50% last week was already a duster, placed at 6.5 and still have multiple projects with anchois probably sold off,

Way overdone IMO

Averaged down looks well overdone, last weeks drop already priced it in

Looks good value for newcomers now, prob downgrade to 15-20p (likely sold)

And funded

Sucks for everyone else though

All imo

Well I must admit I got it wrong, guess the market anticipated dust and hence the sp movement acting like it was dust, enog knew all along

Now the importance of that raise a few weeks back, the government prices comment can only refer to a1/a2 so still something there, but my guess is it gets sold on the cheap now

Sad but it is what it is,

All IMO

Have a listen to the Q&A from ENOG it’s pretty clear to me, if the core B sands is lower then it’s basically non viable and therefore they wouldn’t say it’s down to government negotiations, that can only mean it’s referring to the upside

Plus they were adamant that works continue

Not difficult

I didn’t say you said that, my point is they wouldn’t have said it’s down to government negotiations on gas prices if b sands came in lower

If you look at the misleading article and subsequent interview q&a you have you’re answer, they both refer to ‘upside ‘ and that ultimately it’s down to Moroccan government

By that you can deduct it’s referring to the foothole, if b sands had nothing then it doesn’t matter what the government negotiate

All IMO