Member Info for NewKOTB

TMC1,

lol, it's actually impossible for NBP to fall below zero, but I guess to already know that.

NBP can not dip below zero, please refrain from scaremongering.

TMC1, we have locked horns before when you posted under a different avatar, you must really enjoy shorting, do you ever go long ?

Saudi's will cut more, much more at next meeting if not before, they will not want US filling their reserves at low prices.

About time reality of this WFT and Labours et all 'vision' of the future is bought back down to earth.

We need more and more of these mainstream tabloid hacks reporting reality of what awaits UK PLC and impact on the bloke in the street.....

Yes, upomega, getting more than tiresome atm these constant drip drip falls, although not really drip, drip so far this morning more like gush, gush ! Might just be worth all O&G 'extending' the summer shutdown with prolonged repairs (by design of course) a month or two, just to see what it's like without producing our own hydro's ... see what starts happening to gas prices then.

aimo & dyor

Net cash of €130 million vs 31 December 2021 net debt of €73 million. ... :-)

Afternoon Upomega,

I think whoever is in power our 'carefully throughout and measured' approach to WFT has to be at very least amended with a decent floor price and quickly, otherwise production will fall off a cliff as one by one small producers will go bust, plus CapEx has already been reduced by many and effects of WFT is yet to really bite. Debts will struggle to be serviced against a backdrop of increased costs and high inflation with lower returns, recruitment will become harder as who wants to be trained in a dying industry. Production estimated to be 20% of today's in 10 years with no new licences, think it will be even lower myself as decomm requirement are forced forward due lowering of CoP coupled with the 'proposed' withdrawal of Labours idea of 'LOOPHOLES', you are simply unable to make a profit ( oh there's that nasty word again ), f f s. So much mis-information and 'selective' one could say, propaganda being touted that someone needs to get a grip of reality that awaits UK.

Politics SUCK right now in the UK.

Anyhow, off for BBQ and small tipple right now before Labour ban charcoal BBQ as it actually more carbon intense than if you cook by gas, one for Rachel Reeves maybe (lol). Bottoms-up everyone !! atb

aimo & dyor

They don't want to let this go just yet ... :-(

On another story, "UK emergency alert system to cost £25m..", why didn't they just get £9.99 contract with unlimited text !

Have good weekend all, back in Tuesday.

"Probably put out to help a US bidder to get Dark on the cheap.."

100notout , fully concur. atb

It is mighty strange SP action today for sure.

The only glass half full explanation could be the hedge funds getting together on insider info that would either allow a further substantial fall or a rapid rise. Rise of course would mean MW et al need to find a way out before news becomes 'known' to all, hence today. What news, well EY's reports is the obvious one and less so an approach.

If nothing else, DARK maybe should issue RNS stating no known reason for market reaction .... as we have no RNS, one would assume DARK are aware of reason behind today's fall of >10% or it's of no concern.

Lets see where she closes with BH weekend upon us, if there is anything it will be in the press over the w/e imo.

Would be nice to see reversal before close though. atb

aimo & dyor

Opss, of course need to then select latest data.

As at close on Tue, 31 August 2021 !!!!!

Didn't say SQZ would build a lot of cash, more likely what build they generate large lump will be paid out as dividends as per Mercuria's modus operandi, which is already shown it's hand with 14p/s final dividend next month. Unlike Enquest, SQZ have a healthy net cash position.

aimo & dyor

" I reckon they'll take part in the retail offering..."

Think that is a MUST DO afaic, absolutely no reason not too and more so give confidence to those (and the market) who have already put their hands on their own pockets. imo.

Not only have ASOS now diluted his holding but also, no doubt, made sure new shares are placed with buyers who would side with ASOS should an approach surface that materially undervalued the company.

PS Open market buy for me just now, not far off placing so happy days .... good long auction too !

aimo & dyor

Well, they made sure we dropped to make max profit before exiting .... only 2 days ago we hit 466p so I would expect to at least revisit that tomorrow .... otherwise what was the point of today's raise ?

Well, well .... that's great news, double quick time too ..... don't think I will get chance to grab many offered to PI's, will try on opening tomorrow, otherwise, via open market.

Thanks to 'wellintervention' over on HBR BB.....

Bloomberg

“Qatar Warns Europe of Gas Shortages in Switch to Renewables”:

Qatar warned that governments’ energy-transition policies will discourage investment in fossil fuels and lead to scarcities of natural gas in the coming decade, including in Europe.

There’s going to be a big shortage in gas in the future, predominantly because of the energy-transition push that we’d say is very aggressive,” Saad al-Kaabi, Qatar’s energy minister, said at the Qatar Economic Forum in Doha on Tuesday. “Economic stability and environmental responsibility are not mutually exclusive. You have to have both.”

https://www.bloomberg.com/news/articles/2023-05-23/qatar-warns-of-gas-shortages-with-worst-yet-to-come-for-europe

...........................

And this is from Qatar, who's primary interest is supplying EU with as much gas as it can, say's it all afic.

AIMO & DYOR

"Qatar warned that governments’ energy-transition policies will discourage investment in fossil fuels and lead to scarcities of natural gas in the coming decade, including in Europe..."

And this is from Qatar, who's primary interest is supplying EU with as much gas as it can, say's it all afic.

PS See my GREEN FILTER is working overtime today !!!

TMC1,

As you are a self-proclaimed shorter, think I will ignore your post, Enquest didn't RNS results yesterday, more like that had an op's update, totally different. Their results are due in September. Oh fwiw, their 'Operations Update' RNS was not bad at all imo.

aimo & dyor