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Nor me ….. and news could drop at any time

IF (a big IF) the Irish Govt sees sense and grants (or re-grants) some ILX licences near Corrib, this would give the “running room” WH spoke about in his recent presentation. Maybe, just maybe, sense will prevail….

Keen as I am on Europa, those numbers seem very optimistic… I’d be more than happy with 20p 😁

I can’t , but each time their own I guess …

Between shareholder revolts and Will, further dilution has been avoided. All being well, the shares in issue will remain at 959.2m.

CoS way better now. Antler then Will have done well here.

The chart on ad*fn is real-time and the volume bars on the chart are either real-time or delayed by 1, 2 or more hours depending on the trade size. The volume print is then 15 minutes after the volume bar.

I just happened to see the big volume bar on the af*fn chart, so no super-power on my part 😊

Looks like someone was keen to buy first thing this morning - nearly 1m bought at the start.

Who would do that ?

Not a PI as the dealing fees would be daft.

MM?

Believers moving in; Non-Believers getting shaken out 😊

Fair point re Oddie.

WH has bought his EOG shares in the market and said in the recent Investors Presentation how sensitive he was to dilution of shareholders. I’m inclined to believe him, but things can change.

Romania, France, all full of hope and got no where 🙄

I think WH is best CEO Europa has had for many a year

Antler & EOG will have to give up a fair chunk of their % of the licence to the farminee. I suspect EOG will end up with between 8 to 12% of the licence after the farm in. Still a very nice percentage on what should be a free carry.

WH said EOG was looking at other EG licences.

So this would be either by buying into an established licence holder (like the Antler deal) or by bidding in a new licence round or on a dormant licence. Probably another Antler type deal at a guess.

Could be at any time…. or once cash is a bit more secure?

Fair enough. Given the history, you’re probably right. But the two year extension plus the Red Sea cracking off might be indicators of a change in thinking. Time will tell.

Energy Security will be the stated reason when a drill is permitted

It’s worth a $50m spin of the wheel as 30% geological CoS isn’t bad and the upside is huge

Looks like having some additional energy security may be starting to dawn on the Irish government

EG looks very promising

Ireland *may* spring to life this year - renewal of licence will be a favourable sign, of course

Serenity looks less promising, but you never know

Thank you for posting SO’s email.
A slight glimmer of hope, perhaps, in that SO states that Europa has a well balanced portfolio of assets. Add to this B O’C’s comment the other week that they want to protect the balance sheet.
I hope they’re just focusing on assets already in hand.
GLA - we need it

Over paid, new London office …. what a donkey he is :-(