Member Info for NewKOTB

Don't get caught out thinking that contract FID's get announced at 7am, history has shown us that's NOT the case as per REFHYNE II FID RNS.

aimo & dyor

..... forgot to add the 'auto dividend re-invest (DRIP) option' also took 2 days !!!

Into the trading account happened on the same day, 'pay away' option into bank account takes forever !!

I would have though Labour would prepare the ground first with select media 'leaks' so as not to upset the JSO et al fraternity too much, although I guess most are in jail atm. Other leaks are also available too !

aimo & dyor

Roll-on commencement of Development Phase, when we will see real value attributed to ZIOP and our company too, can't be that far away, surely !

We have already established that Spicy works for Helikon Investments Limited thanks to sleuthing of other board members.

aimo & dyor

Halifax are an a r s e when it comes to cash divi payments landing in your account, always have been, mine landed yesterday !

How, in todays world you can be launched into space and return quicker than an electronic bank transfer of divi payments !!!

aimo & dyor

This rise over the last month or so has a whiff of an approach about it to me. Was the recent quick fire consecutive RNS's an attempt of a defensive strategy I wonder, or is it simply Mr Market now see's the real potential as opposed to the last mega rise that was based on pure hype.

aimo & dyor

Marty could of exercised his options, even with an offer on the table, so why now, the only reason why I would say that it now gives him voting rights, so once again, WHY NOW !

Aimo & dyor

"and potential disclosure of 'market-sensitive' info through irregular channels to the (also) select few..."

Hummm, food for thought I would say.

aimo & dyor

"Their decom estimates total $936m. $267m for Scott, $208m for Alba, $181m for Catcher and $123m for Kraken being by far the main liabilities. Alba is due to cease production in 2026, followed by Kraken in 2029 and Catcher in 2030.." wowww significant liabilities !!!

So that begs the question, should Waldorf go into administration, who's left holding the baby (decom liabilities), one would think HMRC would then, by default acquire full ownership of the shared liabilities. Really doesn't make sense to allow NS players to fail esp as a result of EPL fiscal regime only for the tax payer to pick up the decom bill.

https://waldorf-production.com/decommissioning/

aimo & dyor

The orange buffoon has opening its mouth again .... sigh !!

Mythical RNS tomorrow

Guess the very poor mkt reaction is due to the headline loss figure which I can understand unless you delve deeper into WHY !!

"The North Sea-focused oil and gas company said it recorded a net loss of USD258.7 million in the three months to March 31, compared with a USD42.7 million profit a year earlier. The decline was primarily due to a one-off deferred tax charge of USD327.6 million, linked to the UK government's decision to extend the Energy Profits Levy by two years to 2030...."

So we booked a one-off deferred tax charge of USD327.6 million for 2029/2030. Now this is just the way financials work, for me ITH have been very smart by booking these now. Firstly it shows how poorly the tax regime sits with producers but more importantly when the EPL is removed/replaced hopefully on much better fiscal terms a significant proportion of this $327.6m will come back onto our books in later results.

For me the market has got this share totally wrong as if this deferred tax is put to onside would mean we made a profit of $68.9m up from $42.7m year earlier.

aimo & dyor

... they completed 12 deals in last 5 years !!

Wouldn't be surprised if we 'merge' with ITH given both parties focus on UKCS and need for consolidation.

PS Sorry about split post, it posted before I had finished typing, no idea what happen there .

Listenend this morning to ITH webcast and

Webcast Q&A at ~30mins :

https://www.investis-live.com/ithaca-energy/6814c73b75e117000f6cde0d/edvs

Presentation :

https://www.investis-live.com/ithaca-energy/6814c73b75e117000f6cde0d/secure/content/637f81e0757dae0c00cc570f/assets/682d7a21800d38000f8914be

For me, all going in right direction, well done Ithaca.

aimo & dyor

What's not to like ..... if the market doesn't move us up on this, well, there must be something else happening !!

https://www.lse.co.uk/rns/ITH/first-quarter-update-and-results-okns9pr4film3fk.html

The live webcast will take place on Wednesday 21st May 2025 at 09:00 BST for Q1 Financial Results

https://www.investis-live.com/ithaca-energy/6814c73b75e117000f6cde0d/edvs

The Automatic Dividend Re-investment that will occur over rest of this week should help support our SP at the very least, plus others that see real value here too.

aimo & dyor