Member Info for NorthernMagic

other discussions on hold whilst they sort out the existing PSAs it cannot be long now. I would say in the next week as it sounds like number 1 priority to them. If so then we should see the sp move up - feels like it keeps testing the 1.3p amount. I just hope with actual news we then get a move up to say 2p and then we can get the Farm Out signed and the drilling started. It's been a long, long wait .....
Atb,
Northern

like news and the Farm out will be due very soon - maybe next week. Every party's interests are aligned, so it seems to make sense for everyone to get activity moving as soon as possible. Feeling very positive at the moment.
Atb,
Northern

Management with Nu Oil and gas. I thought he had been ill. Hopefully he's over that now.
Atb,
Northern

excellent pipeline feeding through and the good thing about the pipeline is that there will be some companies coming out of the pipeline as others start their journey along it. There will also be a growing interest in the technology and therefore more volume entering the pipeline including some new big players.
Future for this company looks very promising to me - all imho.
Atb,
Northern

of the chancellor's talk of funding including £220m for busses and talk of £50m re electric bus/towns. I appreciate lots of this is electioneering talk but presumably regardless of who the future government is they will have to think of funding for electrically powered buses and given Ceres's knowledge and experience with Weichai in China I think this boxes well for the future.
Atb,
Northern

Underway soon, or is there some sort of delay?
Atb,
Northern

Hoping that the PL plan is reasonably on track and we'll be hearing some good news on progress on Monday.
Atb,
Northern

in effect endorsed by ARA for their commitment based on recent Tanzanian meetings it now sounds like all parties are seeing this as a win-win. Seems like lots of investors are seeing the possible wins too - approximately 5 times the number bought as sold. The sooner the drilling gets under way the better.
Atb,
Northern

1. The increased revenues and profits.
2. The increase % share going forward into 2020,2021 and beyond.
3. The interest they've stated in the 32nd Offshore Licensing Round this year.
4. Cost reduction.

All the above will help Serica move up to the next level.
Atb,
Northern

Not sure oneandonly1 just hope it provides the platform for maybe another company emerging from their pipeline or further development news. Fingers crossed.
Atb,
Northern

movement in the sp today - but maybe people are selling out based on the recent uplift in the sp and a further upward trend will now continue. Be interesting to see if Serica can invest in further North Sea assets in the near term.
Atb,
Northern

Here's hoping we get more news before not too long to add to the momentum and that the sp starts to move upwards from now. Good vote of confidence by ARA in the project today.
Atb,
Northern

I'll go for 10/10/2019 - has a certain ring to it.
Atb,
Northern

Hi oneandonly1 agree with you re 2nd October but doesn't this link relate to 2017 - or have I goth that wrong?
Atb,
Northern

Wow, that's pretty negative Brasso3. I'm still interested to hear what they have to say though. Don't think PL likes failure so will be interesting to see what he has to say.
Atb,
Northern

the big fall in the sp. President is still the company that transformed it's fortunes last year isn't it - and still has a 50% target growth target for each of the next three years? Will be interesting to hear what the conference call covers when the unaudited results are published on 30th September.
Atb,
Northern

little to do at Aminex and has got herself another Director role - cannot blame her, lets hope Aminex will be keeping her busy in the not too distant future. News sometime soon? or will it drag out until 31st October? When I usually ask these questions we get some news - so fingers crossed :-)
Atb,
Northern

Cperkin me too! I think they've lost the flag and the sooner they find it the better. I bought into the company about 5 years ago and the story then told by the Aminex bod was that Tanzania were flying that flag high. That there was a big demand and they needed the supply from companies like Aminex to meet the demand. Things have drifted since - just hope when the Farmout is signed we can start to move forward where we should have been a few years ago.
Time will tell.
Atb,
Northern

few days we will see Huricane's sp over 50p and then start to move on from there. That was a great RNS - lots of bopd and reserves! and more added to the bottom line. I think they have a great future if they can keep performing like this.
Atb,
Northern

tests that are currently being undertaken are they able to provide an estimate of the size of the reserves at the well and hence potential impact on the sp, or are reserves derived using some other method?
Atb,
Northern