Member Info for NewKOTB

TroubleS,

"Surely you would expect a very high degree of correlation because they are both selling the same commodity...." Clearly there is association to the commodities involved, however, worth having a look at a few others Harbour, Tullow or even likes of BP against these, not what you would expect .... interesting if nothing else.

PS Private Equity with the likes of Neo Energy, Tailwind, Viaro and Siccar Point (who we can't show graphically) are slowly swallowing up North Sea assets. In 2010 the output / production from these PE owned companies from the NS was ~8% , last year the figure was ~30%, I can only see this growing further as PE's are swimming in cash which is in need of a home. NS players, including ourselves, still offer PE plenty of opportunities atm.

atb & aimo

I mentioned earlier about our recent SP +ve movement since last week or so in June against that of KIST. With the exception of what appears 'unknown cause & reaction' SP movement of KIST's SP at end of July and KIST's re-listing, they could be twins !

aimo

ps Sorry for massive link.

https://finance.yahoo.com/chart/SQZ.L#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

Unbelievable article .... the author is a clear tree hugger through and through ... no problem with that, just as a 'respected' newspaper the write-up has so much provocative language and so skewed to 'green' it's almost a call to take up arms .... BP's PR should respond imo. Fascicle some of the idea's "run down the operations of Shell, BP, Exxon and others for cash.." lol, seriously... I could go on, but not worth my time tbh.

aimo

https://edition.cnn.com/2021/08/04/investing/robinhood-stock/index.html

Guess it's reference to GoM payment !

Will find out soon enough ... only 5 - 7 weeks to wait until interim's.

SP sure to climb several Pip's on RNS release.

atb & aimo

That's how to put a +ve spin on a story ......

Gap close before run up .... BoTs at their best.

https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=BP.

Next week ... ;-)

Just the yank traders taking advantage of OPEC increase in production as planned as from Aug, even though in reality will make little difference. Once their shorts are closed they will pop WTI / Brent back up again with their longs loaded. Only the Americans can move the oil market however they wish.

"Lets see if we get dragged back down to close flat after a promising early gains during today..."

Yep, dragged down into close, would of been nice to close flat though !! ... lol

sasa,

I can't see Eigg contributing anything significant to our SP until we get closer to production (assuming it's commercial), which will at best be 24-30 months off imo, it's taken SQZ almost 12 months to complete a re-entry of R3, an existing HTHP well and are still not there yet! In the meantime SQZ will have nothing to entice investors from 1/1/2022, acquisition or stagnation, which will it be? Our bottom draw will start to feel a little forsaken otherwise. As for Skerryvore, well that's not in our hands so you can probably discount that all together until Parkmead and Tom Cross decide otherwise.

aimo

Sasa,

One thing I need to add, although anyone who has done any research into SQZ will know, even at our current all time high, SQZ are presently undervalued particularly given our organic growth within the next 6 months both in terms of boe and receivable revenue. What is required to retain investor interest into 2022 and beyond is an acquisition of our own which offers significant upside aka BKR Mk II, but, tbh, I have long ago consigned that thought to my dusty bin .... 3,2,1

Lets see if we get dragged back down to close flat after a promising early gains during today, same as Friday or maybe we Want To Break Free !

aimo

Upomega,

Well it would give AA >200% return on his capital in little over 6 months making him multi millions .... any normal person would take that .. but we are talking about AA here who has already pocketed ~£60m from RRE sale. AA has a plan and will execute it and selling KIST at this point is not it. However, making another acquisition is .... he would then already have plans to flip the combined company probably making him ~£100m or more imo. Which is why I would not be against a cash / equity deal with KIST as I'm sure AA will add further value to my investment and in rapid time too.

Glad to see GRG selling down even more ... all part of the game afaic.

aimo & dyor

Quack quack .....

GRG now down to ... 4.79%

sasa,

Hope you are keeping well .....

KIST was an outsider but has recently moved up into contention in my view. We know AA is a wide-boy when it come to doing deals and particularly his knowledge and proficiency around financial markets. I could easily see a cash/equity deal tabled by AA. KIST have added ~30% in the last few weeks breaking new high's in their SP (interesting synergy in timings with SQZ SP movement btw) .... as you know 'cheapens' any deal that uses equity. AA will have no problem launching a book build imo and more to the point he has sufficient personal cash to retain his equity percentage share in KIST too, or tapping into RBL or short-term debt. The clever way RRE takeover was financially structured by Viaro was probably a lesson learnt by AA in terms of our CoH.

I say 'now or never' in terms of R3 .... anyone wanting a deal needs to know that R3 will flow at anticipated rates without issue as R3 will be a mega revenue stream in itself and the primary contributor to SQZ's production. Once news is out and R3 is deemed successful then I would consider it significantly more difficult to get any offer tabled, unless its closer to fair value which I estimate to be ~280p. I mentioned recently 'framing' any deal to shareholders being important , this too is getting harder as the days / weeks pass by. VWMA(100) now stands at 130p.

As for our swaps, don't think we need anymore, in fact I think we have way too many atm running from 2022. Hedging primary use is to cover costs and unless we intend to increase these substantially, ie through debt servicing etc in 2022 then no need for more hedges, the swaps in place atm are constricting us as it stands imo.

Now 11 days since Boka finished at Rhum, yet radio silence from SQZ .... so why no update ..... I have my thoughts so added a few more recently.

PS KIST at new all time high today and had a very strong close on Friday too .... just saying !

atb

aimo & dyor

Window Of Opportunity Closing and FAST .... only a matter of weeks, if not days remain.

Now or never ....

https://clipground.com/images/ducks-in-a-row-clipart-17.jpg

aimo & dyor.

Not just up .... flying .... Jan 2022 now >110p/therm .....just in time for 100% BKR receivables.

SQZ SP should be powering ahead, less than 5 months until 1/1/2022