Sorry but that leaseback is a bad deal asset base reduced and a yield of more than 10% !! Afraid that is panic selling- no one will want that on their balance sheet for 25 years !
Better be quick! Lol
Although overdone good to see a bit of manipulation - sensible to mop up as many shares as you can at these prices just before the disclosure point as that makes any bid cheaper
Management buy out a distinct possibility some good people in the company!
There is a lot of value in this - I’ll be honest I’m a day trader here but a close connection tells me 3 serious interested parties should play out quickly GLA
I’m in here until next spring I have faith in M B and our acreage. If it’s a quick exciting trade play your after get into Flybe as should easily double from where it is now and I understand more than 3 bidders circling. You can then top up even more here GLA
It's worrying as no update - no substance to the article and they would call it out asap as it hammers their ability to raise funds. No RNS or me means there is something truthful in the article
As a current customer of a major FM contract this feels rotten cannot see an upside here at all.
Fundy - you pays your money you takes your choice - I think they will go like stink to bag this before the weather closes as it then gives them winter to get a farm in at the right price. It’s critical that WH gets drilled, your right but you now gambling on the weather closing in, which has a lower c.o.s than this well. Strong upside from here GLA
I just think it’s a really tight hole, there has been only one major volume spike since spud, and that was when we were on target to be entering key horizons. Still very much to the positive for me and please Lord a crackerjack RNS tomorrow GLA
I'm confident of a 7 am RNS tomorrow- to save time I have prepared my responses Good RNS- yeah baby that's why MB was PLEASED to update us! Not so good- Blo&dy Hell MB if your pleased to announce that then I wouldn't want you giving me bad news. So I'm ready - hoping it's a corker!
I do think this theory has merit - but we had 2 big buying spikes backed by big volumes 20 m plus - just at the time the would have been going into zones - I think they have had positive indications so they know even if it ends up being non-commercial they still have evidence of a.petoleum system GLA not long now !