Member Info for Millario

I've been hearing that tory line about labour and the economy for the last 45 years, I've even heard 20 somethings saying it like a labour government will bring a financial armageddon

Covid aside lets not kidnourselves the last 14 years of Tory government have been absolutely abysmal, cost of living increase, brexit (which is all the work of the right of the party namely the ERG) law and order worse than ever in my memroy, immigration out of control, inflation, constant party in-fighting, fuel bills, more people in poverty, increase in homelessness, increase in food banks and people in poverty all under their watch but hey vote for them again and more of the same because no one else could possibly do a better job or have any better ideas.

Generally speaking it's the poor & rich at the extreme ends of the scale that will be most affected by a labour government not those in the middle.

Big Bird's going to be the new Serica boss :-)

cornish, if jog gets sold for £25 a share i think i'd **** my pants :-)

For what my opinion is worth (not much btw lmao), AB negotiated 2 x very good farmout deals in a challenging geo-political clinate. So, I reckon a) there must have been strong interest in the project and b) AB is a decent negotiator or c) both a) & b).

Based on that, if JOG are to be sold, I trust that AB would get the very best possible price.

Exactly Dick!!

Imo the UK would be better off getting as much out of the North Sea (associated revenues) as possible while they still can short term before shutting it all off.

Shout out to Dick for keeping the faith, all the informative posts & battling thru the poor health. Pleased for you Sir, your faith has been well justified :-)

SP prediction after that RNS anyone?

Or maybe someone comes in and buys up JOG completely !?!? I guess thst would be my preference.

Just need a Tory win at the next election then (which might be the stumbling block) ;-)

The UK should support and develop the North Sea resource while they can, encourage exporting it and if possible use the proceeds from all the revenue to short term secure our energy security until the War ends, assist in the reduction of the National Debt and help fund longer term green energy projects.

All that potential revenue going begging !! Alas, too many idiots running the show.

It feels like if the partner announced in the original farm out deal was a 'major' recognised major North Sea player, such as a BP, or a Shell etc then the share price would have increased greatly by now. It's almost like the 'market' just don't believe in it in the project in it's current set up.

Just quoted £1.95 to buy 5000

Although I remain sceptical, part of Me thinks that the lawyers would not be getting involved on a 'no win no fee' basis (hopefully I'm correct that is their terms) if there was not a reasonable chance of winning the case. I'm sure they don't waste time and resources on such cases 'just for fun'

While We in the UK are sitting round a solar powered lava lamp singing kumbaya and spending a fortune importing oil & gas, China, India, the USA & Russia will be carrying on regardless burning the planet to a crisp and milking all the export profits.

The country needs a sensible, cross party Oil & Gas policy, that's exempt from political game playing (it wont happen though sadly)

Honestly, what did you expect? And so they should reward themselves, 2/3 years ago some on this board were even saying the oil wasn't there, followed by they'll never get a deal etc etc. Slow though it has been, they are still progressing in an upward direction and the share price would be much higher if the Govt werent so useless and unpredictable with regards Windfall Tax/North Se development & Energy Security policy.
Still only 33 million shares in issue, which is still very low compared to others. if they did an issue for another 10 million 43 total would still be low. so ,plenty of wiggle room imo.

I don't think most recreational investors knew what value to put on it and were just following what the share price was doing when the selling started they took a quick profit and when that started a few followed suit, the price dropped and either manually got out or stop losses were triggered and all the rest of it.

As Dickupham rightly pointed out, JOG is worth more today than it was yesterday.

I'll have to try that Gran Reserve 6.6 !! I've always found the standard Peroni 'a bit 'fur coat & no knickers' , so stick to San Miguel ;-)

I've been in since late 2017 :-)

Call Me sceptical, but If you are talking about a possible re-rate anywhere between 5 & 20 times the current share price then that's way too much potential money to be made for no one to know anything at all (imo anyway).

Hope I'm wrong though.

Who knows!?!? The share price level & activity the last 10 days doesn't scream that an amazing announcement is imminent to Me. But what do I know (that's nothing btw) ;-)