Member Info for NewKOTB

Probably pack attack by shorter's to get themselves out of a sticky situation, esp if they have wind of another player joining the party.

aimo & dyor

So what would 15% be worth at this stage ?

We now have a yardstick.

aimo & dyor

DKOKS,

For some reason, given today's ability to transfer funds at the speed of light, literally, some trading platforms, esp ones hosted by banks tend to take +3 days for funds to clear (wtf). Guess they want to benefit from the interest rather than you and I. Check your small print and buried somewhere will be your answer.

atb

aimo & dyor

They also stated to :

"Close the loopholes in the windfall tax on oil and gas companies.."

Firstly there is no official 'windfall tax' just 'energy profit levy' so not sure if that statement will hold true !!

No details on what these 'loopholes' are or how they will be applied !

aimo & dyor

Labour Manifesto :

"A proper windfall tax on oil and gas companies. It starts by tackling the cost-of-living crisis. That’s why we have fought for a proper windfall tax on the excess profits of oil and gas companies, so we can support families with the cost of living.."

So what exactly is classed as " excess profits" !!!! For me they will leave the EPL as is as the unions will know full well any further degrading of NS earning will mean companies will shut-up shop and move overseas, causing a catastrophic collapse of NS operators and their supply chain too.

Note no mention of additional increase of tax or removal of allowances either just a "proper windfall tax" which by the very nature should no longer apply as there is NO WINDFALL !!!

Also past tense statement "why we have fought" means job is done by forcing Conservative to introduce WFT, otherwise should state 'why we will fight' ....

https://labourlist.org/2024/04/what-labour-manifesto-2024-election-policies-party/

aimo & dyor

Added to which, given the exchange rate has lowered our offer price by circa 12p/s, TB could offer another 15c and return it to their original offer of 620p at time of announcement. On the plus side anyone else who want to use $US$ will also find it favourable to make an offer.

Vote 'NO' to the deal and force TB to up their offer.

aimo & dyor

No hanging around with this, be all over before we know it.

They want to secure DARK and take it private then list in US for mega valuation, we as SH's should vote NO as I'm sure TB et al have left wriggle room and will up their offer as needed, especially as this current offer is way off the mark imo.

aimo & dyor

Shaf5,

I try not to get involved in Jackasses's posts and he/she/it usually always become confrontational, however I feel given its reply, you deserve a real answer.

Tiny gap is circa ~389.75p that in itself when closed would also mean our +2 year downtrend has been well and truly broken too. I'm looking at initially breaking the downtrend early June, all being well. Remember WD deal was made against an agreed HBR SP of 360p at ~60% premium to our 30 day VWA. atb

aimo & dyor

"The board must be crazy playing it like this unless the game is to get other bidders in.."

Or they are madly sane, go private then relist with an insanely price IPO stateside and become even wealthier overnight. There is no way Poppy et al will be giving this baby away without them being a major part of DARK's future... what, wink, wink assurances have they be given I wonder ... hummmm !!!

aimo & dyor

Wowww, lighting fast from licence award to announcement of potential farm-in partner, now who do you think that may be?

https://orcadian.energy/potential-farm-in-to-the-sns-licence-and-proposed-long-term-loan-agreement/

aimo & dyor

Guess we will now have an extension to the extended shutdown this summer.(lol)

TW really did sell us a LEMON as they must of known of these issues back in 2022 too !!

aimo & dyor

Mid-point at that time was 7.851 afaics

'O' trades that are reported late, very unusual.

Only just seen them, large mid-point trades, 'O' ones at that, hummm !!! :

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

20-May-24 10:30:53 7.85 800,000 Unknown* 7.67 7.71 62.80k O

20-May-24 10:24:15 7.86 800,000 Unknown* 7.67 7.71 62.88k O

20-May-24 10:23:42 7.85 800,000 Unknown* 7.67 7.71 62.80k O

"Labour has previously announced plans to for GB Energy, a publicly owned clean energy company through which the party plans to invest an initial £8.3bn in floating offshore wind...."

LOL, we are yet to see any large scale, commercial floating windfarm anywhere in Europe. As for costing £8.3bn, think you can easily double that given how every large scale project ran in the UK has always gone significantly over budget & over schedule, with Labour running the show, I would be surprised if it was ever completed , if so, what would the annual subsides needed to keep it running. For me there is not a cat in 'ell chance of such a project being commercially viable run by any government, let alone Labour controlled, plus god knows what MWh costs will be thrust upon us, the consumers. Added to which, with a half finished floating windfarm our NS O&G industry would have already gone the way of the mining industry .... dodo style !

https://www.energyvoice.com/oilandgas/north-sea/553747/union-launches-north-sea-no-ban-without-a-plan-campaign/?

aimo & dyor

Surety,

Nailed on a move will be made for CHAR, just a case if for whole company or just O&G pillar !

BB, Hope you are keeping well ....

"How they convinced the big PIs like the Hardys this was worthwhile is beyond me..." You are not alone !

Only for our ex-CEO Mitch to now have a cushty number as our advisor, 'ADVISOR' FFS. Probably paid a retainer fee thereafter too, god knows how much but hush money is all the rage now you know (LOL) !!!

As we all know Shell have announced their intention to exit NS ASAP, be surprised if BP keep plodding on as is. Maybe BP could do another BKR with their remaining NS Assets, I'm sure there is a deal to be made give 'connections' our board have with BP. The BKR style deal (taking NS fiscal uncertainty into consideration) worked well for us before and would set SQZ for the next 5 years and beyond if not with BP, then how about Shell.... You never know, just hope SH's are taken on the journey too and not sold down the river in a Mercuria PE deal.

atb

aimo & dyor

Https://www.mining-technology.com/projects/zanaga-project/?cf-view

"First production is expected in the third quarter of 2016..." One Day Rodders, one day ! atb

More so, handed voting control over to Mercuria when we had sufficient cash to avoid dilution. SQZ was handed on a plate to Mercuria and founders of TW, SQZ is but a puppet now to the puppet master.

aimo & dyor

Thebold , take a look at what happened in and around the tailwind transaction, maybe that might explain the glass half empty. Atb