Member Info for mrc_mrc_mrc_mrd

I should have had louder alarm bells about this stated intent to be mid cap in 3 yeas. I dismissed it at the time as a bit of AIM bluster and optimism, but now think this arrogant and ignorant BOD actually liked the smell of their own bull****.

Not saying we will do it today Ant. And today's price doesn't matter other than it affirms the bullish trend.

Haha, funny how the only thing he talks about is the name change and how great guneiss are.

These guys are taking the **** now paying (presumably?) For a blowey off Malcy.

Bloody hell, malcy on board. That has got to be the kiss of death?

The guy did one good year in 2010 and has eaten well on the back of that for a decade.

Absolutely stonking.

20p here we come IMHO

Gap up anticipated

Hope you closed your short out Ammu!!!

Time

GLA

I think we might see another shake down this week to get rid of the weak holders before charging up again in anticipation of results.

Well Ammu, you can now see that all of the big swinging dongs on the BB have much lower expectations of the ops update than you.

What is your plan? Selling first thing Monday morning?

Ammu - you said year end debt reduction, Pelle is talking about 3 months to end of January I think?

Also 100m FCF would take debt to 1288, not 1250 as you suggest.

I think Pelle is over optimistic, but we might reduce by $75 million by end of Jan.

Certainly I would hope to see a small early payment of the RCF soon, and net debt reducing in next ops update.

Actual numbers over the quarter can be influenced by different factors, e.g. when bills come due and when income is received.

Oh dear Ammu, you must always DYOR!!

I don't think even Pelle will have written such a thing!!

So you think FCF for Nov and Dec will total $133 million?!?!

When POO started November at $36...

Madness.

Now now girls!

I wish GKB would jog on from the board. Such garbage postings.

Lol so Ammu is out again.

Jee whizz!

Ammu there is zero chance of those production or debt figures - if we get those ENQ would double from here IMHO

Lol, why would WEN be so charitable?

We might get $15-20 m for the whole 25%?

Yeah it's not bad. Just annoys me they can't get above 90%. It's a new vessel, should be doing much better than low to mid 80%, even with the harsh environment.

Lol, yes...mid cap if we are generous is 500 million mcap so we need about a 70 bagger from here.

They need more funds but will completely wipe out existing holders if they do it now....realistically it is wait for Ruvuma sale, do a little fundraise at a higher market cap, and buy something that makes money or has some hope of being developed.

Not great, but not a disaster.

Wish they would sort out kraken production efficiency. Really let's the side down.

Do the Indian government have any mechanism to appeal open to them?

If not then it should be easy to collect by seizing assets.

They are getting shot of Danish and dutch assets too AA