Member Info for oilboy2001

At least we have a highly competent and professional operator in Po Valley over in Italy.

A lot to be desired from the crew over in Viura. No wonder HeyCo held back the info. It makes them look incompetent.

Mark and team all got a bonus for this asset whilst diluting us and further diluting us to fix it and now it's still not in production and at god knows what cost.

Still no update on Viura since the 26th August.....

Ramp over then lol

Might be on AQSE exchange Jebgooner

Great news! Better premium than the BP contract

On the face of it that update does seem negative but obviously it's mostly already price in or known other than El Rom but that's not current a huge income producer. The huge positive is that all the bad stuff seems mostly out of the way now hence share price back to flat. The future is looking much more positive now Viura has been fixed and just needs clearing. All the lost income is disappointing but management have finally cleared things up for investors and that is much appreciated. Let's move on and upwards. Bottom most likely in.

Still no update

No wonder there's sellers about

Get told it's imminent, then nothing happens for 6 weeks

Get told we'll be kept up to date, then don't get told anything

They're quite happy to

Not sure I follow the logic Helderberg. Why would big holders want to hold this back?

Does this business operate on a different planet where date and time are elongated beyond recognition

WTF is going on here. That is not good price action

Virtually no appetite , even down here.

Romeral permits can change it very quickly though.

When to put in the drawer and ignore for 6 months at least?

No drills this year now.

Gas storage rising with reduced commitments for a minimum fill in EU. TTF price low.

Not a good update however you sugar coat it.

All drilling likely to happen in 2026 now.

Mostly out of companies control but constant shifting of timelines does not attract new investors hence the shocking share price.

Whys the meeting not at the new broker?

it does look better but momentum and sentiment is on it's **** and regardless of who's responsible local government/management/etc drills are constantly delayed. ok. we can generate more cash whilst we wait but nothing is going to shift this until buyers turn up and bring momentum regardless of whatever your fundamentals say. that's why you see dogs bagging and more. there's been a lot of them as well recently!!

Stiffy that would explain the share price weakness then.

If that 15 million is split evenly then they would've been just under TR1 status?

48 million traded since we touched around 8p ish and selling pressure does seem to have eased so they may be done.... but it's hard to say for sure

If MR was aware of this it also makes sense for him to have delayed the PR game until now knowing it would be a futile effort? He seems to have turned up a gear as of yesterday....

Missed the presentation. Was it any good?

I just wondered why MR didn't take this deal earlier if it's so great? It does seem cheap.

Building up cash position and hand was forced?

Don't get me wrong. I think it's great. Just wondering.

All of this depends on income though and the income is linked to TTF which is the biggest risk right now. Although storage needs filling a recession and trade deal could well keep this down. It is the biggest risk right now although is fine at current level but this isn't how punters see it. Ultimately share price is a complete state.

To be honest if you focus on the here and now theyknowitall you would not be buying here.

It is clear as day this is going lower to 5p as I said the other day.

This is going to be a steal at 5p and under.

The here and now is basically already all known and priced in. Headwinds are pushing things lower.

Maybe Q3 or Q4 will be a good time to come back and things will change. There are spending commitments and clearly a recession and lower TTFs being priced in.

TTFs can definitely go lower as Trump will ensure the EU take US LNG in a trade deal IMO.