Member Info for oct23

Sabine covered this - so why is ENQ playing around with it ?

https://www.youtube.com/watch?v=Zklo4Z1SqkE

Market maker shake out ????

Friday closings prior to AGM ???

Tigar

Exactly , it is simple secondary schoolboy logic, you can't destroy energy, only convert it, everything follows on from that. Thorium and Hybrid (diesel) cars is the way to go ?

Your hols took you to a visit to the "house of leaves" I believe ?

and from there -- ?? -- ??

https://www.rferl.org/a/montenegro-kotor-secret-submarine-base/32153902.html

ROM ---- your posts and links often send me off on tangents ie the underground network of submarine tunnels from your holidays

found this tangent link for you https://tucoschild.substack.com/p/wind-turbines-are-full-of-sh-and?r=2mh23j

Stevo 12 's "difficult decision to sell my Enquest shares this afternoon at a loss" now looks a good move -- Steve does the drop encourage you to buy back in and reduce your loss ???

Price difference at time of trade was divi -- perhaps a late reported trade from yesterday ??

A multiplicity of biblical barables !

They are taking multi voltage, with both AC and DC options, diesel powered generators along with propane powered back up

The strongest chain is only as strong as the weakest link

Rom - sorry couldn't make much of your link -- is this similar / same ?

https://www.youtube.com/watch?v=XL6mcZONX-s

Looks like you will have a good time tomorrow eve

TWalbyoff

Tim Has given you the link to the webinar which is recorded so you can use that to watch in full later

https://www.investormeetcompany.com/enquest-plc/register-investor

Don't tell Rachael but it looks to be a good time to buy back the gold that Gordon sold.

Extract latest oilprice.com :-

Gold Continues to Edge Higher. Amidst widespread speculation of Donald Trump wanting to fire US Fed chair Jerome Powell, gold prices touched $3,500 per ounce for the first time on record in Tuesday’s intraday trading, up 32% since the beginning of the year.

Rom, I am interested to know what you took to the tip and did you make any bargain purchases whilst there ?

Always we live in interesting times, POO at almost Russia sanctioned prices, nobody wants to pay tariffs, focus taken away from Ukraine -- just for starters

In the mean time his strategic oil reserves may be topped up

Londoner - thank you for your excellent post @ 11.20 . My experience was with stock traded options thus the terminology is a bit different but it appears to me ( I hope ) the principles to be similar ? . But clearly your expertise far outweighs mine.

Dumbly - You are clearly interested enough to invest and and to get an understanding of the principles employed ---- I suggest you buy the book which is well written in a relatively easy to follow manner, that way It will explain things at your own pace and to which you can refer back to later, less than broker commission or stamp duty on a single trade.

As londoner said "We don't know the profile, " as to how ENQ structured the exercise. I think in 23 they gave the amount per barrel received for the swaps but not so this time. That premium as income was not exercised and became worthless to the holder.

This time, Unless the details are known , any intrinsic, time value, volatility, we are getting bogged down and totally confused.

The only sure thing is that the sold swaps have decreased and the purchased puts have increased, but by how much ???

Dumbly / londoner

..."help please again understanding what EnQuest’s hedging position means in practical terms. " -- Insurance and income

Many years back I found in the ref library this book which I could understand and can recommend, readily available now today for the phenomenal all in sum of £2.80 ( cheaper than my trips to the library ) it would appear the basic principles hold good for oil ( sell puts if holding cash, sell calls if holding stock ) - don't delay, buy today , while stocks last at

https://www.abebooks.co.uk/book-search/isbn/9780859414517/used/

Londoner may recall the figures better than me, but I think it was '23 that ENQ sold Dec 23 swaps and kept all the premium, but this simple and valuable exercise was given little if any attention at the time.

Craig did mention that there were a few questions sent in to the webinar about hedging.

At this moment the current exercise must surely be performing very well ! ?

Krak mentioned Liz Truss, I watched this a couple of weeks back albeit at increased speed and found it a bit enlightening as I am not as keen as Rom for keeping up with politics ( it seems she was a patsy )

https://www.youtube.com/watch?v=hA17ma1SyZ0

One to watch ---

Register for ENQUEST PLC - Investor Presentation which will start at 24th Apr 2025 at 10:00am BST.

duration 10:00 - 11:00

Where :-

https://presentations.investormeetcompany.com/investor-meet-company/

You'll be able to enter the meeting up to 15 minutes before the scheduled start time.