Member Info for Peakview

I think that the share option scheme is a perfectly fair way of rewarding key personnel, with a number of key targets that need to be achieved for rewards that relate to the benefit of all shareholders in the longer term. Also calculated in reasonable volumes IMHO.
Thanks GG for news of more advances on the development of the Southwark platform, with all working progress falling nicely into place. Just mystified at present by the persistent selling run and the SP subsequently remaining in the doldrums with so much positivity around this company?

Not news as you say edgar, but important to declare their green credentials to the market when the talk has been of nothing else just recently. Collaboration with a respected agency confirms their intentions, and the timing is spot on as we approach the first gas milestone. I was asking for better and more astute PR action some time ago, and to be fair this BOD have delivered in this key area.

gator - lets hope that the strategists and decision makers at BH/CalE are thinking the same way. All those guaranteed and in-place developments are fine - but the price surely goes up with all ducks in a row?

In the event of an "offer" - either from CalE or another party (or even both) - this would have a more substantial effect on the SP than all the good progress reports. Perverse I know - but that is the way of the AIM market in most situations.

gator - as usual you have done your homework to back up the theory, and all you say about CalE's potential further involvement in IOG seems perfectly logical. In fact, I have wondered why there has not been a similar move before now. Watch this space - and it could well be considered before the anticipated first gas?

misreading of figures on the trades recorded here today, with a spread operating very narrowly between 22.20 and 22.40. Low volume and around 80k Buys against 70k Sells.

All good stuff bills - impressive pix of the rigs. Hard to read today's trading with such a narrow spread, but dummies tell me that the likely true figures are around 146k Buys against 20k Sells - hence the little tick up at the bell. We may get an upwards move on Monday?

Narrowest of spreads this morning with dummies offering 22.23 to Sell and 22.25 to Buy!!

Looks like we still have a very narrow spread at 22.2/22.29 with the MMs fairly determined to maintain the Bid. I am not normally their biggest supporter, but for the bulls, this remains a serious Buying opportunity. There is much talk about the appetite for risk not returning to the AIM market, but this is virtually de-risked nowadays with a constant stream of positives on the work-in-progress being reported, and timelines on the unfolding story being accurately observed. So, the financial pundits who regularly pinpoint shares which are "undervalued" should be latching on to this one - otherwise, in spite of all the good news, we appear to remain under the radar for incoming fresh investors of the more heavyweight persuasion. Appreciate all the views of the regular bloggers on this board, which rather makes up for the constant inaccuracies on trades and totals. GLA!

Correction - Buy at 22.2 now up to 22.3!

Very tight spread so delighted to Buy a nice top-up at 22p. Buys up to 23p but still very workable. If all the Reds were Sells, we would have dropped by now - so further Buying opportunities surely at this level?

to start May trading, and I doubt we will attain the same figures as a bumper April total. However, true split was 124k Buys and 132k Sells operating within a narrow spread. GLA!

Makes good sense GG, and all in our favour!

Thanks gator. I guess that another factor in favour of gas is - from what I can gather from the science - that it appears more environment friendly in terms of lower carbon emissions ?

More steady progress on rig construction from Sailor - all moving in the right direction. There were some bullish forecasts on oil prices in the weekend's financial news pages - some predicting $80 per barrel for Q3. Would this likely have a follow-up impact on gas prices?

of a record month of trading for IOG, with over 800 trades for April. We need some fresh working progress news from the SNS to move us up from the present static levels. Any new rig activity in sight Sailor?

Rank bad arithmetic is misleading - total of 988k shares should read 507k Buys and 481k Sells, with big trades mainly off market.

today with an accurate reading of 980k Sells and around 900k Buys. As such, no effect on the sp, and more II movement required to move things along.

Pipe - it is a simple matter on record that we are infinitely more de-risked than we were in mid - 2018, so which points do you find to be untrue??

Sailor - I have no argument at all with your stats on natural gas or with your calculations, except to add that - like most companies on AIM - the NAV is only rarely reflected in the moving SP of the company. Best example here is that in mid 2018 the IOG SP touched 34p, which was a fair reflection at the time of the accredited and potential resources of the company. The LOG issues and the realisation of funding requirements saw this nosedive to 10p and under some 12 months later. Now, fully funded and massively derisked with a detailed engineering and technical programme well under way and on schedule, we are still over 50% below the 2018 high. It is a prime example of the illogicality of IOG shares and their movement - but your figures remind us of the basic truths here, and the very real prospect of a proper evaluation being made once we arrive at first gas and beyond.