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They need to exit as the window is closing, ITM had an excellent recovery during the day to within 2p of opening only to have a rapid 5% drop in the last few hours, closing ~8% down. Yes. of course some peep's sold but the way we fell off a cliff esp in last hour, for me, that was co-ordinated.

aimo & dyor

See the shorter's took their opportunity to drop us on the general market upset today, -7.99% (6.6pts)

aimo & dyor

Https://cdn.equinor.com/files/h61q9gi9/global/685dbd65fd8991b72499a38e131b822a6fde5438.pdf?rosebank-assessment-of-scope-3-emissions-equinor.pdf

"All very clever....make it practically impossible for both conditions to be hit for six month periods.."

Absolutely agree, not a chance in 'ell, plus it could be below for 3 quarters less 1 day, to fulfil 'two consecutive quarters' before removal.

aimo & dyor

"Gotta keep that cash cow.."

The problem they face now is the 'cash cow' of 2 years ago has long since been served up at McDonald’s with fries and coke. Indeed, to make things worst still, vast majority of the remaining herd are facing the chop or moving onto greener pastures. Resulting in tax revenue continuing to crash that will never recover in this parliament so they have no choice other than to keep it and try and salvage something from the mess. Short-sighted tax grab has backed them into a painted corner (made from water based paints of course) as we have less refineries now too. Thing is every PI here could see what would happen but for some reason these inept moron's that 'run' our country didn't have a Scooby-Do and still don't either !!

aimo & dyor

Dave_aber, "Total are trying to reduce their assets in the North Sea, so they are unlikely to step in on this..."

In Feb this year, TotalEnergies stated, "...will continue to move away from the UK North Sea as it looks to curtail exploration in the basin..."

Stas20, "however I fail to believe that the discussions between SQZ and BP. went on in isolation of total..." AGREE

Could we be looking at acquiring Total's share too in the near future, esp as Serica will now activity look at refinancing and increasing debt facility, now that would be some plan if executed.

" The Company is however also considering putting in place a new acquisition facility, which would be refinanced in due course via increased debt facilities.."

So pro-rata to gain control of Total's share on this deal basis would only cost circa $362m (£271m)

aimo & dyor

Https://totalenergies.com/company/projects/gas/culzean-gas-installation-north-sea-united-kingdom

"... with production net to BP of c.25,500 boepd.."

Wtf ... the Orange guy is probably p i s s e d off not getting the Nobel Peace Prize so he thought he will cause world havoc yet again !!

I think the more important question is WHY has gold gone on such an extended run of late, money markets are probably the reason, massive devaluation of global currencies around the corner, gold is the recognised safe-haven and growth of bitcoins a real concern too.

Lol, closed down due to auction, otherwise we would have finished up, can't have that can we, ffs !!!

Every day that passes, is another day closer to our inaugural Hydropulse RNS.

https://hydropulse.eu/

😂❤️😂

Boy oh boy, just when you think it was safe to go back into the water as the shark has had its fill !

One thing for sure, this latest round of 'news' would ensure anyone on the fence or wishing for a shark hunter to help them out are now most likely more than happy with the offer on the table.

Wood will make a great PhD study.

aimo & dyor

For sure they have to start to act, it's clear the support is there and it would take a black-swan event for them to recover significant ground.

ITM's market and the world is coming around to green hydrogen being a sustainable energy source, it took time, but we are getting there.

PS Enjoy your visit guys, special event for the luck few, atb

aimo & dyor

Recording of Prax acquisition :

"Serica Energy PLC (SQZ:AIM) has announced the acquisition of Prax Upstream in a value-accretive transaction designed to enhance reserves, diversify production, and strengthen cash flow generation...."

https://www.investormeetcompany.com/meetings/investor-presentation-924

We have had a persistent seller since start of September and not looking like it's letting up atm, annoying to say the least esp as we are oversold on daily too.

Short's closing ... Worldquant Llc who added to their short several times over the past few weeks only to find the SP constantly racing away from them day after day, now + ~25% underwater so not surprising they have started to reduce.

Fund % Short Date Changed

Worldquant Llc 0.84% 2 Oct 2025

Worldquant Llc 0.90% 26 Sep 2025

Worldquant Llc 0.83% 24 Sep 2025

Worldquant Llc 0.73% 19 Sep 2025

Worldquant Llc 0.62% 17 Sep 2025

Worldquant Llc 0.52% 15 Sep 2025

Also, got me thinking, why did Serica do an Investor Meet to 'discuss' the Prax acquisition, no the norm at all. Could it be they are trying to 'pump' our SP in some form of a defence strategy I wonder ! Serica, if they are being eyed up, I guess fast-tracking main market listing would be another strategy to implement asap too. Just a thought.

aimo & dyor