Member Info for Onetomany

An offer will need to be around 3p. It’s the value the company keep referring to

See… there you go. 4v1 now

L2 4v3. Plenty available. I bought just under a million at improved price. Best change broker

Really not good. They avoided answering key points, very political. At same time elaborated slightly that cash requirements and well maintenance was worse than expected.

My favourite like - like the first service on a car, it requires most work. Hahaha. Errr no!

We definitely are not in good shape here. I still believe 0.5p is realistic short term target.

Note that the £100m cap target is now subject to development of all the dead projects that will be more than a year from starting.

Yeah that makes absolutely no sense.

Water a serious issue. I would not be surprised to see the well plugged.

No you don’t chatbot

Do we agree there’s an issue with the sidetrack ? Hopefully not P&A. Strange the £6m find raise with no details. More to it ?

Can’t see any of them worthy. As you said, all a cash and resource drain for zero gain. Very concerning the current financial state of affairs with no explanation as to why they have no money.

Today news really is the final nail in the coffin. No update on debt other than they are creating more! Low gas prices; apparently production issues I’ve the last week and lack of credibility. Best you can hope for is a takeover at c 0.75p.

Yeah they’re in serious trouble. All debt was supposed to be paid down this year and now they are boring more at punitive interest rates. I’m not sure any suitor would be interested even at these prices. 50% further downside now looks nailed on.

You should be ashamed. Full of shut and sought attention, all the time misleading others with your google work.

For sure this is the case.

Not good reading.

Brussels has said it expects EU gas demand to fall by more than its total imports from Russia this year.

In a document presented to the European Commission on Wednesday, seen by the Financial Times, energy commissioner Kadri Simson said the gas-saving measures were expected to cut EU consumption by a further 60bn cubic metres in 2023 “which is more than the gas volumes we still foresee to import from Russia in 2023, both pipeline and LNG”.

The commission introduced a series of emergency laws last year designed to cut energy use and wean the bloc off Russian imports.

The document noted that gas prices had also recently fallen “closer to historical ranges” after reaching highs of €300 per megawatt hour last August but there were “some risks remaining that will need to be carefully monitored”.

Well said ocelot. Still baffles me as to why we haven’t yet rerated but it’s coming.

Don’t worry … just an amazing buying opportunity for everyone and I’ve added again today. Thank your lucky stars.

Let’s hope this is consistent now for 13th & 14th data. I wonder if they will make an announcement tomorrow morning now that they have a few days stable volume.

Note and respect your point of view Singhie, hope though that you are wrong. 3p,5p,7p … for sure we are about to embark on an exciting ride.

Oops sorry auto spell kicked in! *Singhie

Dinghies I’d be very disappointed with 3.5p per share. At present there are still more questions than answers and I think we can make a better judgement once we have absolute clarity on flow rates and financials - namely when will debt be paid down fully and more detail on opex.

I also hope the LSE interview was the first of many and RH also stated we’d have a strategic update in June.

An awful lot to look forward to and 3.5 may be achieved before any suitors arrive.