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SP been bouncing all over the shop today !

Will be difficult to read the trades today.

imo, PI's drove the SP up in early morning auction. The real players can see what we see, just want to buy at bargain basement prices..... hence the drag-down (-3% atm) from 20% up

Seen this many times before, the RNS might as well be in xenon lights.

aimo

NI, no comments on my posts I see .... !

Is your boss struggling to get their shorts closed atm

Started Xmas party early ...... !!!

Spread has been massive for most of the day, 6 pts, never seen it this large going into close for long, long time.

But then you know that, just want to close your shorts soon I take it.

UK only imports 12% of its energy needs from EU.

SQZ have opens hedges since the BKR as per their financial report.

BP et al will PAY SQZ should their revenue fail to exceed their costs, as per BKR PSA, so will never produce at a loss.

Traders will be all over this today .... just wished we could have had this news at a much higher starting SP.

No idea where this will go now ... in theory all that want in are in and will not be selling, JUST ADDING, as to me this is probably the biggest news to hit since the IPO.

Under starters orders .......

So as expected, confirmation RNS of take up by Bybrook

"received subscriptions for 14,285,715 new ordinary shares in the Company at 35 pence per share from funds managed by Bybrook Capital LLP...."

Closing BoT back in action today ... our friendly neighborhood '6 SECONDS until close" quickfire buy BoT

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
10-Dec-19 16:29:58 121.00 40 Buy* 120.40 121.00 48.40 A
10-Dec-19 16:29:58 121.00 40 Buy* 120.40 121.00 48.40 A
10-Dec-19 16:29:58 121.00 33 Buy* 120.40 121.00 39.93 A
10-Dec-19 16:29:55 121.00 308 Buy* 120.40 121.00 372.68 A
10-Dec-19 16:29:55 121.00 421 Buy* 120.40 121.00 509.41 A
10-Dec-19 16:29:55 121.00 2 Buy* 120.40 121.00 2.42 A

Next Mega Deal will address our balance of commodities imo .... what will NI do then .....lol

Brent back above $60, currently sat at >$64, which is 20% of our production mix.

NI does make me laugh, spends so much time here telling us the obvious in terms of gas prices, yet fails to do the same on any other O&G companies BB. That should tell you all you need to know about its intentions .....

No logical reason to sell given today's RNS and the forward looking position of the company, unless you need the SP to be contained or lowered for a reason imo.

"stabilised plateau production rate of 50 MMscfe/d from its operated South Disouq...."

Should we not be sat at +26p by the end of Jan, then it's clear skulduggery is abound. Proven stable income with massive growth potential.

aimo

PS LSE playing up once more .... just wish LSE could stabilize this platform ....lol

Gas is predicted to continue to grow YoY as the worlds Primary energy consumption by fuel.

And that is from the horses mouth, or in this case BP's

https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/energy-outlook/bp-energy-outlook-2019-presentation-slides.pdf

Business as usual for SQZ .... cash rolling in, debt free, strong financials , c£95m CoH, one of the lowest lifting costs in the NS and a mega deal or two on the near horizon. Even with gas prices low, healthy profits are still being made. SQZ in 22 days time will increase its share of the BKR PSA by 20% and continue to benefit from the 35p/therm hedge.

NS and in-particular the BKR acquisition is proving its worth. Providing SQZ with the financial firepower to expand and grow the business, thank you BP ..... lets see if we can work together on our next mega deal.

An offer at circa 190p or £500m to takeover SQZ would, even if the whole amount was borrowed and interest rate was 10% pa, the deal would easily be self-funding. That's not to mention the £100m in cash they would be buying.

Grossly undervalued atm is SQZ .... 121p ... REALLY

Business as usual for SQZ .... cash rolling in, debt free, strong financials , one of the lowest lifting costs in the NS and a mega deal or two on the near horizon. Even with gas prices low, healthy profits are still being made. SQZ in 22 days time will increase its share of the BKR PSA by 20% and continue to benefit from the 35p/therm hedge.

"I know its not Serica's bag but may succumb to a rather low bid!..."

Think we will do well to avoid ourselves being taken over atm...... 121p REALLY !!!

"and we drop 9% to 20p....."

All helps to lower the WMA(100) of 21.25p to aid the endgame imo

I'm sure our board would consider a deal with BP encompassing an asset swap that included Namibia and Shearwater.