Member Info for Pacman121

Sounds like the yanks got what they wanted (mineral deal) and are leaving them to it in good o'l Trump style.

Switzerland sorry, not Sweden!

Another fantastic run here. I regret not accepting the order yesterday am or pm (20%) despite the blue rally and just passing the 200mda on close. Think my issue is I've been in and out several times since 2021 and although the company keeps adapting and surviving it is worse off each time. The last rally (following Trumps suspected win) say this go from 38p to 139p just on that. Came down fairly sharply again when Trump realised he couldn't end the war in a day, the 3.7 billion dollar civil claim and then the RNS stated the government wanted to nationalize the company took it back to 45p. Any bit of good news and it really does rocket and history shows as people remember what the company used to be pre-war. However the government really is sticking the knife in, as someone said 10 legal cases, threat of nationalisation, and no VAT refunds reduced operating cash flow so badly they had to go back down to 1 of 4 pelitizers.

While American boots on the ground is good for Ukraine, I think its been universally missed that these are for mineral projects, with 50% of the royalties coming from 'New mineral projects' not from Iron Ore which isn't a mineral - it's an oxide. so I doubt Trump gives two hoots about a company owned by Sweden. He's more likely to swoop in when FXPO is even more distressed and can get a deal to have it for himself just in time for the rebuild! Either way a very good return for those who saw the momentum and were convicted enough to ride it. c45% are solid gains.

Will be interesting to see if the bots and algo's cash out before the weekend or if they keep the momentum going.

Really happy with that, almost all buyers this week finished up and we had a strong close. Even oil ticked back into the black which was nice. See you all tomorrow.

Cause oil price dropped. Wells have actually produced higher than anticipated plus the new acquisition is paying off well (will pay for itself by then end of the year more or less so outlay cost fully covered). Plus SP at half what is was when the company had 1.6b of debt. Lots of other detail in the RNS. Plus reverse take over deal set to happen before 4th April. £££

Phew :)

Dividend is great news and growth looking stronger than expected also.

Bet that added another couple of decades to the carbon footprint print. Think it takes 20 years to offset their construction and maintenance when they don't catch fire and pollute. Worse than an EV.

It's dropped on low volume aswell. We had a 100k buyer here 2 days ago in the 13.7p area. I sold a few into the oil price rally totally convinced I'd regret it and here we are. Def worth trading a few. Update anywhere between early to mid Feb (anyone have actual date?). Could be a bit of stock accumulation before the update. Who knows at this point. Stock remains cheap.

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Important thing is fcf is building nicely at this level. A bit annoying but market will rerate eventually. 13p is flocking cheap!! Was a consolidated rise aswell so next bounce will be much better.

Merry Christmas all. Been a good board!

I think an offer will come. Stated before I think we may have already had an under-the-table offer/s that haven't been made public. Everyone's at it. £2.3billion tax credits must be tempting for someone that can use them and our market cap sits at just 9% of that.

He's going to look a right tit. Maybe if he keeps saying black hole and toolmaker he'll get through it. Clown.

Probably broker fees going through or accounts being rounded off.

Hopefully see some positive movement.

Starmer and Milliband are clowns. Look how much damage was done to 'clean' energy systems over the weekend with the storm. No Farms, No north sea oil and gas, and now no windmills and solar panels. I've bought so many candles someone might think I'm expecting to need them!!!

Gas Def won't drop to the cancel level.

Not a lot of noise around this. Labor keep saying it's really expensive to import..... Er we don't need to save for the fact that they are killing the industry.

Hi all. Looks like India have scrapped theirs too. So is it just the UK government in the whole world that still think there is a windfall on? Are the unions and oil companies still applying pressure to get this lowered or scrapped? I've been looking today and honestly, I cant see much out there.

I don't get why it isn't in mainstream media more. It affects every household in the UK, everyone's pocket. Why aren't the unions getting these facts onto media. I'm up for clean energy if implemented properly but billions are being spent with mo benefit whatsoever to the carbon footprint. Countries burning coal to build solar panels - brilliant. Good spot anyway.

I'm sure the worm here turns eventually. One thing is clear and that is Miliband is going to run out of money with his crusade. Can't wait to see the look on his face as his fuzzy little brain tries to make sense of what all the experts were telling him.

I wonder if there has been an under the table offer for Enquest. Obviously it should be bought to the markets attention but after the relatively brief November update it wouldnt surprise me. Maybe instead of looking for an acquisition we should be looking to get acquired. Those tax credits could be used a lot quicker by a larger entity. Am what ever happened to the Golden Eagle sale?

Debt was £242m at the end of June. Do we assume that is still being chopped away?