Member Info for NewKOTB

You would expect shorts to close , no sign of them doing so, that’s unusual given the offer and potential loss of current gains!

Lol, I should try reading your post first, as Martin Lewis would say, 'IN FULL'

Marcusg71,

Are you including AQSE, 100K on that too !

atb

Johncut,

Thanks for posting

A must 'absolutely MUST', listen to podcast.

Really, really like Kathryn Porter, hope Kathryn is involved in gov discussions, well done Martin, just need those in gov to take note and act now ! My fear is their ears are listening but their brains will not be able to compute, leading to a minor EPL change that will do nothing for UKCS and indeed have a negative impact prompting more to companies leave UK O&G for good.

Fingers crossed for next week.

https://watt-logic.com/about-watt-logic/

aimo & dyor

Don't worry about GBE, the troughs are full of our cash and the pigs are feeding well, 12 director appointments so far !

Not a chance of an increased offer imo.

Should a NO vote occur then we will be out of the frying pan into the fire.

Do you really think that any institutional buyer wanting to take part in a fund raise will be kind to Wood, absolutely not.

Any fund raise would blow current holders out of the water and dilute to oblivion and would be for sure a closed book raise, so not open to PI's either.

aimo & dyor

How can two countries exploiting what is in essence the same asset be so poles apart !

One getting it 100% right and the other, well, lets just say, is entering the abys of permanent domestic and economic decline with no way out !

aimo & dyor

Don't even think Starmer will put up much of a resistance if a real challenge happens, his name is in the history books, that's all he wanted.

aimo & dyor

Moanin 'n' Garonne happy self again I see, shorts not working out too well I guess !

aimo & dyor

Cash is king, just as well ITM have bag loads of the stuff !!!

https://www.h2-view.com/story/bramble-energy-files-for-administration-after-failed-funding-round/2134602.article/

We do need to move our 2C to 2P, currently our 2P reserve life is not really good enough for the market and our SP reflects this to some degree.

aimo & dyor

Should EPL be amended for the better, then all UKCS assets would increase too, so not a chance now of grabbing a fantastic deal, be more of 'just a deal'.

Why didn't we structure the deal akin to BKR, BP would have known it's better deal for them over the long term and for us too. Doubt NEO would have wanted it on the same terms !

Time to look oversea for sure imo.

aimo & dyor

Failure to land this one might just bring forward a little our main market listing now.

On the plus-side, able to buy more share with our dividend next week.

aimo & dyor

Upomega,

You got it spot on .... "My concern is that Neo will suddenly become interested if it becomes obvious that Epl is scrapped...", maybe not fully scrapped but amened to the good at least imo.

aimo & dyor

LOL, Garonne YOU DO LIKE A MOAN !

Hydropulse is just one arm of ITM's business, hope you are not making investment (short) decisions on a Hydropulse alone.

aimo & dyor

Daily mid-point, is oversold, currently 28.78

Bounce due next week imo

I would say hedging is pretty good ...

I would save hedging is pretty good ...

"Strong hedge position with a mark to market gain of $380 million at 30 September..."

"Dividend seems to be paid for by increasing debt.."

Err, no, it's illegal to pay dividends via debt !