Member Info for Neversellshell22

Come on Harbour you can do £4....

Push

Push

Push

Looks like a shakey day with oil down between one and two dollars.

Hopefully we'll sneak another positive day and flit with the elusive £4.

Next week...Well who knows but hopefully will be a blast.....

Not sure I agree with the scams bit Sekforde, especially after £2.98 and the news of all the cloak and daggers at exactly the same time.

You mention about it all being given to you but what affect would it really have on you and yourv life if you lost it all.

Not saying for 1 second you will as Im deep in Harbour (not your deep).

I was also in GKP from 70p to £4.20 and waiting for Exxon to buy us for £20 per share....And the rest is history....

Good Luck Mucker.....

Not sure I agree with the scams bit Sekforde, especially after £2.98 and the news of all the cloak and daggers at exactly the same time.

You mention about it all being given to you but what affect would it really have on you and yourv life if you lost it all.

Not saying for 1 second you will as Im deep in Harbour (not your deep).

I was also in GKP

I suppose there will be quite a few getting out at £4.....

But hopefully even more new ones joining us.

Be interesting to know what EIG are going to be up to. However with only 16% of shares their days of terror may be over....

One of the most exciting set of results for a very long while....Just hope we don't have anything huge left field coming...Mergers etc...Just great cash results, even better production forecast, exciting FID news etd etc...

Board own 2.6% of Company
Bank of America confirmed over 3% stake
NEDs Buying in...
Buybacks at fantastic price in
GIC nears exit (possibly)
EIG Significantly reduced holding
Shareholder structure tidied up
Record debt Reduction
Oil near 100$ all year
Gas at monster high price.
Average Broker price over £5
Goldman price ovewr £6.00
Tolmont Ramping up
Tolmont East Gas due 2023
Drilling at Catcher
Drilling at J Area
Drilling at Andoman near completion
Potential Company making discovery at Timpani
8 Rigs currently (expected plan)
Zama getting exciting and near FID
Tuna FID nearing
Massive field Buyin / take over Opportunities
Net Zero Projects progressing
Great M&A Record, possibly more coming.
Likely Dividend increase
Favourable $USD to £GBP exchange
Excellent Safety Record.

Sounds completely bonkers but i wish you the very very best.

I guess if your playing with the money you can afford it and have weighed up the risks.

I've got just over 43,000 shares and when it hit £2.98 I was really humpy. I think mainly due to knowing it wasnt' natural trading and wondering if when iot would behave normally. Average of £4.28 as a bought a load well over £5.00.

Onwards and upwards. Hopefully another few blue days as we March to results day.....

There are many REASONS TO BE CHEERFUL.....

NSS

Love to see you naked Sekforde...Sounds like you have balls the size of coconuts....

Very confident of a decent price come Results day. Not sure how decent but as long we move on up I'm happy.....

Never been into spread betting but assume a point is a penny?

Can you explain a bit more please?

Cheers

Thanks Sekforde,

They certainly seem in a rush to spend it whilst the going is good.

And they seem to be speeding up.

Wouldn't a few gentle rises for the next 6 days be lovely jubbly.....

Do we think they want to get the money spent by results time?

Could be possible I suppose....

Not sure that will happen....Political suicide if she does in my opinion..

I certainly think she will steer away from any further tax theft and she may modify the current one to be more "investment encouraging' but certainly cant see it being scrapped. She's certainly not a fan of the tax.

The good thing for us is if the North Sea Investment case for us stacks up we can spend a load of cash.

If the road get tough we just aim our financial armoury (which is pretty large) in another area. I know the GOM was mentioned by the management so who knows where we will go next to invest/spend/farmin/takeover/buy....

One thing seems pretty certain....The next 2 weeks will be very very exciting....

Completely off topic but just a huge recommendation for anybody who hasn't visited to visit the Edinburgh Fringe at some time in your life. Amazing shows and something for everybody. After all we will all sell at some stage and hopefully sped our hard earned profits....

The excitement should build this week as we get closer and closer to hopefully to monster results.

And what will be equally important is the future direction of the company:

Buy backs
Dividend
Zama
Timpan
Tuna
North Sea future
Windfall Tax plans

etc etc.....more and more...

And due to the weather why not have a ramp as well..Over £4.00 by end of week is where I'm at....

One sour point which I don't know if it's positive or negative is the nonsense with major holders going on.
So they started with 4.18% then on 27th July, The The Leona M. and Harry B. Helmsley Charitable Trust held 3.96% and a total of 36,296,398 shares.

Now they hold 2.97% so since 27th July to now they have sold a total of 9,072, 089 shares.

The point being that despite a large seller and I'm pretty certain there will be more and others we have gone up from roughly £3.00 on 8th July (when all this slight of hand was revealed) to £3.82...Approx 28%.

So not to Shabby.......Onwards and upwards.

Any thoughts ???

Thanks Plebleems,

Great analysis. Don't understand a word but sounds positive....

Really appreciated......

Hi Dave,

A big shareholder. How big is big.

If we go from £3.00 a few weeks ago to £4.50 that 50% in less than 2 months.....Not to shabby....

Good Luck Matey....

There are lots of IFs in life.

If as we all expect what we believe turns into reality we should do very very well.

Amazing production numbers, 50% Gas and superb prospects.

Hopefully over £4 by results dasy and then who knows where we go.....but hopefully much higher...

https://www.youtube.com/watch?v=2reXZGrKUrg&t=875s

Few decent post on ADVN.

Well worth a butcher.

SK...Thought you said you were gone???

Don't understand the Charties stuff but hope your right Rookie.

Im sure its nothing but Fridays buy backs were sourced different from the rest of the week.

Here we go again, feeling very positive as we head towards our update. For info Kosmos reported today and were paid over 109$ per barrel last quarter.....

After the meeting with our new prime minister Liz I think we will be throwing a hell of a lot of money at various programmes from Appraisels to Development.

I don't think they will be worried about paying down debt a breakneck speed but getting the most out of the WF tax on the investment side. The question is are they better off paying down debt or spend spend spend....And I think it's the latter.

I wouldn't be suprised if we push being debt free back to 2024.....But who knows.

We could need major capex in Zama, Tuna, Andaman, Numerous North Sea projects....

The results will be very very interesting and I'm probably miles out.....

WTFDIK

(Just heard the Q & A about Timpan and they laughed and joked about it "Can I dream" was a comment and "I'll be brave enough to say If you have one success it will lead to multiple prospects that lead to the very big numbers"......

Laidbacks great post from 4th July.....

From year end report, say low end 200kboepd production in 2022, 50% oil, 50% gas
50% of oil hedged @$61.00, 66% of gas hedged @$26.63

Hedged oil daily cash = 50k @$61= $3.05m
Unhedged oil daily cash = 50k@$110 = $5.50m

Hedged gas daily cash = 66k @$26.63 = $1.76m
Unhedged gas daily cash = 34k@$132=$4.76m (say 200p per therm = $140 per boe)

Daily total cash = $15.07m
Operating expenses= $3.2m
Daily operating cash flow = $11.87m

Annual operating cashflow =$4,333m
Less capital spend $1,300m
Less Interest $100m
Less divis $200m
Less buybacks $200m

FCF AND NET DEBT REDUCTION in 2022 = $2,532m !!
We should be debt free by Christmas 2022 !!