Member Info for nen2319

All we need now is the AM starting to move !!

Rob, I agree with you but I also think Agadem is just enthusiastic about his share and he does have a lot invested so naturally has a positive outlook.

What we do know is.

1. RT. HON. SIR STEPHEN O’BRIEN Is not there for fun and has connections in UK Govt and all over the world and as previous Secretary of State for international development is uniquely placed to support this tyre of activity.
2. SAVP have built up connections in both Niger and Nigeria and would not have gone down the route of 7E acquisition unless they were pretty sure it would go through. I do think some of the bond holders are playing silly buggers which is where the main hold up is.
3. SAVP being invited to speak at the HoC Westminster Group is a coup for any company yet alone an AIM listed company. Refer to point 1 as I’m sure Sir Stephen O’Brien was involved.
4. The PM’s visit to Africa can only help our cause and again I’m sure Sir Stephen has made SAVP’s case.

I remain cautiously optimistic about SAVP and have quite a lot invested in both SIPP and ISA but also aware that **** happens and could happen here. It really is a good risk v reward here but there is always risk.

About UsThe Westminster Africa Business Group meets regularly, and holds a number of events at the House of Commons, including lunches, receptions and other meetings.Guests at these events have included Secretaries of State, Ministers and MPs, as well as Ambassadors and High Commissioners from all over Africa. Specialist Africa business advisers also attend.Since its inception in 1947 the Group has strengthened business links between the UK and the African continent and continues to be a well-respected platform on which to share information and knowledge in the spheres of Africa, business and politics.

Sir Stephen O'Brien has been Vice Chairman & Non-Executive Director of Savannah Petroleum Plc since 2018. He is a former UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator. Prior to this role he was a British MP, during which time he served as Permanent Under-Secretary of State for International Development and as the Prime Minister's Envoy & UK Special Representative for the Sahel as well as a series of shadow ministerial roles.

I’ve filtered the whole of HUR board. It’s diabolical atm.

Agadem, it's great to have all these new posts, don't knock it. For or against its great to finally have some dialogue.

I follow Pijoe on HUR and he makes a lot of sense.

Talking of the share options, didn't they drop the hurdle price after the 7e deal! I'll have to check when I get the chance but I'm sure they dropped the hurdle price whilst we just got diluted with the hope of a higher mc. How did that work,out for us? AK will look after himself, the hope is we can ride a bit of it as well.

Zengas. To keep it in prospective.

These two II’s as you say have increased by over 15 million shares. So just how many shares are being sold as the SP is dropping like a stone every day?
Or am I completely wrong? Happy to learn!

Buying any more. This selling is relentless.

Just seems that the sellers are determined to sell everything they can regardless of price.

Agadem- keep your fingers off the button mate!

1.II selling out at whatever price they can get. At a loss ?bad news etc? 2. Bond holders final sales? Overhang cleared? 3. Shares from a future near placing being forward sold? Any others?

Don’t see anything on short tracker or short data.

Anyone else?

Zengas, are you joining in? Whats you view of the opening price after the 7E completion RNS?

Oilbagger, Mcb77. Fancy a go at the price?

Remember that we don’t have any flow data for any of these wells either. It’s not just 7E holding us back......

I’m little more cynical Agadem,

I’m going for 30p on the morning of the RNS.

Just got some more at 25p so catching you up!

Just read it. They say “floated” in the alternative Investment Market.

Guys, anyone interested in a sweep to guess the bid price at 8am (on Hargreaves & Lansdown) on the morning of the 7E completition RNS?

Just a bit of fun while we wait - also we’ll see how many people are actually invested and on this B.B.!

AK says they have a low risk repeatable business in Niger with growth potential. It costs them $1 to find the oil and they can sell for $6 based on the NPV.

In Nigeria - “we have a business” that is market leading with growth and price increase potential also.

AK quote. Lots of news coming out including around the completion of the 7E deal.

https://audioboom.com/posts/6973308-motif-bio-mtfb-savannah-petroleum-savp-emmerson-eml-and-chris-bailey-on-kgf-rnk-wg

Latest interview with AK. Line was bad as he’s In Lagos at the moment!

Thank god someone is buying. I would hate to think what the SP would be if they weren’t :-(