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That and the British public can't know there's a dirty dirty oil project kicking off in the territories

And if rkh announced the placing a month later it might be 63, a month earlier 43. It had to be done and share price aggregating over previous 30 dsys is the method they use. We dont call the shots.

What's barmy is people thinking they will make 10x today's SP. How, we're going into expensive hock big time. If we dont release 10% of our stake we will be eaten up for cheap. My feeling is that if we survive to first oil with 25% of the business, much lower debt, then we can think about funding next phases while proving up isobel / elaine. If we do that, and still hold 25% then we will multibag. The last thing we need is a cash squeeze on way to first oil.

Why? They think they will get shares at closer to 53p. The point is retail isn't driving the price change. Look at the auto trades, 100 here 100 there, 300 here, 300 there. That's share price management in a nutshell. I've got lots of these, 2026 will see it higher than 2025 peak of 93.4 on Tuesday. Im just stating the obvious wrt new shares or anticipation of same. 5 odd years ago PMO had warrants at 104p, the day before exercising the share traded in low 90s. On ED the share jumped to 109 and settled at 104. Its their world, were just along for the ride. Mostly so they can pick at our carcass but every now and then we make money.

It will go lower, 53p new shares and 80p warrants, mostly new shares. Mid 60s looks like bottom

Why the surprise? We are adding upwards of 200 million shares. What did people think would happen when the trigger was pulled?

50% max on the SP on the day of notification

Were now seeing what its like for a little fish to swim in the big pond

Fails to mention the 2.1billion includes contingency which is normally about 10%. Unrealised risk is unspent money

Well nikb, I finally filtered you. You are like the loud drunk in the bar, nothing remotely intellibible coming from you, and the capacity for political commentary is that of a child at best

PDP usually means project or program development plan

I'd say that slide 6 indicating that commercial terms are signed with a suppliers is a dead give away that FID is imminent

People are getting edgy with market sell offs and probably maintaining some liquidity in cash accounts just in case, I think turbulent times coming in markets in general

100% correct, the should be liable for their incompetence but......

It's all about cost and stability, Russia provided cheap gas to Europe for 80 years

The significance of that pipeline is very understated

Pretty good resilient here

INTERESTING, IF selling BOR, what is the spread?

That will be interesting

It would be great to get some drills in on the other fields during the phase 1 construction, now that really would generate speculation re buy out

Makes sense