Member Info for NewKOTB

"I always found Munch’s wife drops her knickers plenty quick ;)..."

Hummm, and I thought I was her special one !

Yep, flash drop, more than -10%

Would be funny if it was a joke ..... but its not !!

"anyone out there enlighten me..."

EBITDA of $162m for 2019, current MCap $185m, not to mention net cash on hand of ~$339m and NO DEBT either.

Please enlighten me too !

-13% ..... pi $$ take.

This avatar is either a badly written bot or just mad !!

Check out its posts ... lol

Upomega,

Long term view is probably best, as we both agree, in two years, all being well, SP should be applicably higher, unless anything magical happens in the near future, that would be a massive bonus of course. ;-)
atb

Several 1 and 2 shares went through again today ..... plus some decent trades too.

SQZ and RRE are the winners for me! ...... #&metoo:-)

Upomega,

Exactly ... although the 40% increase in production, is actually 60% increase in revenue for SQZ. Remember, that is for ZERO CapEx too. Be akin to someone giving us ~12000 to ~14000 boepd for FREE. In the meantime, in little over 6 months we will see R3 online adding, I would hope at least 7000 boepd not to mention Columbus coming online now Arran appears to be go.
Then there is always the BIG one ..... merger / takeover / acquisition ( if BKR style ) the market now knows that SQZ have a proven track record so imo, will attribute value a lot quicker than they have done with BKR (btw still waiting imo)

As for adding now rather than at 70p, way too much market uncertainly with regards Covid and not least POO, plus I am not particularly lite on SQZ atm either.

atb

Added a few as I feel we are due news.

atb

I understand Sooty why you think and feel that way, I do too to some extent and we are probably not alone. The question is who and why is selling into these RNS's, if they are so closely held. Or has the market / few traders just got use to jam tomorrow announcements. Something has to give in terms of major news to break us free or plunge us into the abyss.
atb

Didn't take long for the shorter's to arrive .... very, very dangerous game with SQZ that could be suspended at any moment.

They really should try harder or make sure they have plenty of spare shirts.

Rellim,

Absolutely, maybe I should adj production accordingly.

Round down to 35kboepd net shall we !

With using 35k production, Brent $41 and Gas 12.5p/therm and all relevant hedging, atm SQZ are receiving $2.88m per week AFTER OpEx ($12.60).

upomega,

I also calculated the hedging we have for 2020 as a whole, in all, we will average 43% of daily gas production hedged at an annualized average price of 39p/therm.

BTW, I still hold a long term share which I class as very high risk, ZIOC ..... not much capital locked in, but enough to get the heart pumping if things turn :-)

atb

upomega, yes all hedging as per SQZ presentation.

Just checked the figures again and your were correct to question them, made an error on Opex, used $10.60 instead of $12.60 this time around (what a Rodney) :-(

With using 30k production, Brent $41 and Gas 12.5p/therm and all relevant hedging, atm SQZ are receiving $2.47m per week AFTER OpEx ($12.60).

As for ODX, I now use revenue and debt type as my primary risk factors. Little or no revenue will lead to trouble one way or another, as I have found out from experience.
atb

You are really trying too hard today ..... lol.

If it helps, atm SQZ are receiving $2.96m per week AFTER OpEx.

Using 30k production, Brent $42 and Gas 13.0p/therm.

Zedy

Think you are having trouble reading the companies website .... SQZ are well hedged into 2021 and gas moved up ~50% last week.

M&A action here soon imo, MM will want to keep the SP suppressed ( although you already know that, hence your posting) until the deal is announces so the spivs can load up in the meantime.

PS The SP almost ran away from them this morning .. lol

Looks like the MM want this down atm .... could be in for a mini flash drop. NT on sell so they can drop it to what they like. Would hope for a bounce today, depends on size of order.

PMO / TLW up >25% each .... weird world .

Would be more than happy to see a 10% dilution that would raise >£2m but with the proviso that its at a premium to SP.

"Wonder when their hedges expire...."

Wonder what 5 minute research on the companies website with that treasure trove of factual information might reveal !

atb