Member Info for Peakview

at 13p has certainly come out of the blue, and I guess it must be an II for that volume in one hit? Has taken us down over 8%, which is very disappointing after a good steady upwards run. Can see no rhyme or reason for it?

Haven't got a clue tablet - maybe he's posting under a different moniker? Always a lively contributor, so he is missed.

That's normal mole - PIs just identify a value entry point at various stages and then play along as the story unfolds with next to zero influence. trellis - endorse your take on the short and medium term desirability of natural gas and the likelihood of its longevity being extended well beyond government forecasts, but confess to being lost with your roll-out of financial plans for IOG. Will have to leave you with that one!

mole - just a point on the Kistos "budget" which is currently reported at £35m - way short of what would be required to constitute a reasonable bid if it were to happen. Could get beefed up with further Bank loans etc. of course, but personally think it would be too big a bite for a new start-up.

viti - agree with all your historical analysis and no argument with surmising about the denouement of the LOG administrators' shareholding disposal on behalf of bondholders. I think we can reasonably expect that eventuality to take place before the timing of first gas, so probably some time in Spring/Summer of 2021 - still dependent of course on the sp levels that pertain to satisfy the administrators and justify their patient strategy. As such, a genuine bid for the company from any quarter in the ball park we have already defined would almost certainly cause a spike in sp and may well spark a reaction from CalE, as you suggest. With powerful backing from BH, a deal to absorb all of the LOG shareholding could well be brokered - and if so, I would then expect the present board and key executives to remain in place, also the bid to be rebuffed on the grounds of "better the devil ......" All supposition of course - but a forgiven indulgence I hope on a day when the market for IOG shares looks a whole lot livelier!

viti - agree with what you say, but the CalE factor is far stronger than pure equity holding. They are jumping around on the Kistos board about acquisition policy which may well be fact, but as mole states, any form of bid in IOG's direction will need to be in the high 20s or 30 before it gets any consideration - and then turned down. We are in an infinitely stronger position now than when the frivolous 20p bid was made by RockRose - and whilst we might be an excellent fit for Kistos JB, it ain't gonna happen! Try DELT - they haven't even put a drilling plan in place as yet, and their chat board is getting excited about big K.

If he does make a move, he would need to price it up a lot more realistically than during his RRE tenure. Even so, I very much doubt if the BH connection would entertain a boarder at this pivotal stage of Phase 1 development.

Cannot believe that today's announcement of substantial resources, followed by solid buying support, has made absolutely zilch difference to the sp! What does it take to move this share? I would volunteer that some action out there in the North Sea to access and deliver product would be one answer.

of 14/14.125p should be an encouragement to trade from both angles - but volume is so poor that very little movement is happening. Agree mole that just a slight improvement in volume would send this share northwards - and with the good news already out there, this is now the missing factor. If and when the LOG dispersal arrives in controlled order, would a large tranche of shares become available on the general market - or would these be quickly absorbed by the institutional investors? And to what effect?

Many thanks mole for enlightening the debate - felt sure that the issue was bound to get some educated response on this board!
Your tactic of acquiring a good percentage of your portfolio in sustainable and green energy providers looks eminently sensible, but once again the funding of the smaller pioneer companies will be a challenge in these risk averse times in the capital provision market. Your assumption on the wind based hydrogen extraction point was correct as I read it, and the reduction in power quotient on the mix with natural gas that you exampled was another interesting point.
As you underline, our focus here will now be on the successful culmination of phase 1 of the project and the magic target of first gas later next year.
On the base subject for most investors of the SP movement, I feel that my earlier forecast of moving towards 20p by the end of this year might have been over ambitious - mainly due to the drag effect of the virus and a number of other market negatives. But the fundamentals and the positive news on working progress, allied to the crucial advantage of a reliable funding partner, will surely encourage more interest from the market as we move in to 2021? Some of us have been steadily building a position here throughout the low teens - and I am confident that we will be saying goodbye to these levels in fairly short order.

aberration in the late trades with 14.15 to Buy and 14.20 to Sell! Had to take advantage close to the Bell!

For those better versed in the technical and financial implications of the much vaunted "green revolution" - how much of the effect of zero carbon targets will impact upon the plans and fortunes of companies such as IOG? I read for example, in today's DT piece by Evans-Pritchard of "turning excess North Sea wind into hydrogen" and that " hydrogen will mostly be a blue variant from natural gas with carbon capture". Does IOG have the technology in place to embrace these changes? I gather from AH's recent interview and presentation that the company are well prepared to integrate with the new tech, but how will the processes be rolled out? It strikes me as a pivotal moment for the whole industry - and one where the comfort of an assured and reliable financial backer is crucial to facing these challenges.

Deltic maybe duster, but do you honestly think that BH would allow their likes to muscle in to their own committed investment at IOG?

back with 13.75 to Sell and 13.98 to Buy with very low volumes. Larger trades would move this either way IMHO.

with some wrongly recorded trades amounting to 98k Sells v. 90k Buys with full price being paid at the close. Main market now moving on with more vaccine news.

Adding my own best wishes to Mark for a happy and healthy retirement after playing a key role in the development of the IOG project, and pleased to hear that you will be available to advise from the sidelines.

You may well be right about a leak or rumour gator - if that is the case, at least its a good one! An intended acquisition bid would not be the biggest surprise - or just a realisation that this share, with all the recently announced progress on a fully funded project is just way too cheap? We have, after all, been saying that for some time now.
We may get some minor profit taking now, but I am expecting a new platform to establish around the 14/15p marker.

and realistic view dictated that this was bound to take place sometime down the line, and am very gratified that my encouragement to invest at the recent low levels has been justified. Continue to keep the faith LTHs and GLA!!

that it would take just a few heavy buying trades to send us northwards at last - and this movement is in no way related to the feel better atmosphere in the market generated by the vaccine discovery announcements. The positive

buying response towards the close of week's trading - and not at all Spursy gator! Wonder how they get mates rates at 12.54p for such a lumpy tranche of shares? Another mystery to add to the list. Have a good weekend all posters!