Member Info for ocelot

Stockbuster 240
Broadland 245
Givetheinfo 249
withoutt 260
Bunks 263
Hawkey 270
ocelot 280
Rangor 291
Whitehat 336

Agreed, Jeremiah99, with this caveat:

it's less that there is cash coming in, more that the market can see there will be cash coming in.

Think the fundamental re-rating of Alba will take place when the market can see that the company is no longer entirely dependent upon the market for its funding, ie., when it looks as if it will be able to generate significant cash from its own operations.

Hopefully, therefore, with the HH ewt, this moment is fast approaching.

Scully12345,

Completely neutral, because it's already in the share price.

withoutt 260
Hawkey 270
ocelot 280

Note: the funding of the HH ewt is a relatively heavy commitment not just because of Alba's increased stake of 18.1% in HHDL, but because of Tellurian's free carry during the testing, so that the 18.1%-share relates to 100% of costs and not just HHDL's 65%.

Think he said it is the HH ewt which is fully funded.

On more than one occasion, GF attributes the current level of the share price to the delays at HH and Brockham.

The ewt at HH is now underway and, hopefully, Brockham will be progressing, too, quite soon.

With those brakes off, let's see where the share price takes us.

2nd largest holder of HHDL, not HH.

The largest holder of HH is Tellurian, with 35%.

A stock that can exaggerate on the downside can also exaggerate on the upside.

Suspect that GENL will eventually rise higher than any of us have imagined (and I already have 600p pencilled in as a medium-target objective).

... “Investors who had egged on management teams to reign in capex and return cash will lament the underinvestment in the industry,” the analysts wrote. “Any shortfall in supply will result in a super-spike in prices, potentially much larger than the $150 a barrel spike witnessed in 2008.”...

https://www.bloomberg.com/news/articles/2018-07-06/oil-spike-above-150-feared-as-investors-demand-cash-over-growth

Many thanks, everyone - have the right site now!

I'm getting "account suspended".

Can anybody confirm they are getting the same message?

Curious:

according to the interim results RNS of 29/06:

-- Horse Hill-1 ("HH-1") PEDL137 oil discovery, UKOG 32.435% (not 31.2%):

32.435/0.65 = 49.9% of HHDL

No, UKOG owns 49.9% of HHDL, not 31%.

http://www.rudaw.net/english/kurdistan/06072018

From GKP's completion of bond issue RNS:

The bond placement received strong investor demand, both from existing and new investors across international markets and was oversubscribed.

From GKP's bond of bond issue RNS:

The bond placement received strong investor demand, both from existing and new investors across international markets and was oversubscribed.

If all goes well, and I hope and believe it will, Alba is on the cusp of generating cash, which should help to transform its market profile.

Suspect the important thing about the call was, above all, that it took place, at the company's initiative.

It shows that they seek to listen to, and engage with, shareholders in order to get their message across.