The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The silence is deafening :-) ...... I can imagine frantic work in the background for both acquisitions, especially Congo.
Azer - I do hope to see an update of some sort sooner .... general ops update will be handy.
Wow! Even though I would NEVER make an investment decision based on the back of a post on a bb whatever makes you happy!!!
ZEN - Azer operational update in good time if you please.
What the .....:-/
Which news release are you referring to ??? Please indicate which official RNS is being referred to?? .....
Anyway, each to their own .... hopefully an Azer update shortly.
Wow that is some amount to be down ..... best of luck for your forward investments.
I do hope Azer is still a go .... we need to concentrate on one project and show resolve..... what better way to lift confidence.
An Azer operational update please ZEN.
Money obviously not in short supply and a number of larger investors willing to increase their stake .....
Question is, what do you know that we don’t?! (rhetorical question) ......
At least we know they are in sticky hands .....
MP - I like your way of thinking!!!! And def makes sense.
LOL ...... yes strange goings on ... :-))))
Twitter stopped, podcasts stopped, no interviews, no emails ..... not great for the LTHs .....
I think on the contrary if these big investors believe the story we are in a good place from their perspective as they got a further boat load for peanuts ......
Valid question Compass.
Maybe an early move in Congo is on the cards and has got a few tempted??? ... fellows on here seem to suggest it’s a while away but who knows..... in the absence of an update from Azer one can only speculate.....
Hey Kels ..... I personally wouldn’t sniff at 1,000-5000bopd especially when most of the hard work has already been completed. But I want the deal confirmed ASAP so we can push along in high gear..... hopefully sort out a rig and get drilling / producing.
If only we could just bag that 250-300bopd at C-37 ?!?!?!?! ....please Dyor
3 great assets - Yes,
huge potential- Yes......
Just get the engines in gear and ramp up that production.
Yup Zeb that’s what I meant by the large acquisitions: Coro and Congo. I don’t want us to just sit on them. Get the bonds away and get developing/producing :-)))
Every extra barrel is money in the bank.
Agree wholeheartedly Sarge -
Azer must go on ... even at current production of 270 bopd (270x65x365) is $6.5M total revenue. In itself not to be sniffed at. If we can get C-37 off then an additional $5.5M !!!! Valuable income!!
I do wish we could get back to Zardab quicker but hopefully the exploratory well will hit the sweet spot ;-)
Anyhow here’s hoping for an update on C-37 sooner .... as well as an update on the 25M Eur programme and the large acquisitions underway!! Fingers crossed.
Please dyor
Let’s hope we hear some good news soon ...
Definitely not gonna take any advice from the uninvested!!
Please be serious!!!
Anyway lots of news due on the 25M Eur programme and the various acquisitions .... Azer is still a go and here’s hoping we get C-37 on tap soon. C-30 ready to go ....
Ignore the noise and have a great evening all :-)
Dyor
Yr probably right Zeb - but do remember the long list of initiatives/acquisitions still to complete:
1) Congo deal (obviously:-) and potential drill
2) Italy deal and field development
3) Azer development
4) Zardab (hopefully) .....
The above deals / projects have the ability to add serious 000’s to the bottom line ....... just get into top gear and get delivering!!!! Please Dyor
Well, as I said the subscription only opened today so about 12hrs :-) ....
With the subscription kicking off today it will be interesting to see how quickly this batch gets filled.
What would be even more fantastic is If we are oversubscribed:-)))) real funds to push ahead with projects on multiple fronts with BIG returns. Congo / Italy / Zardab ...... Who knows ;-))) but here’s hoping for an update sooner ))))))
Please DYOR
Hilarious !!! Conspiracy theorists out in force!!!!
Just wait for the official update rather than jumping to conclusions!!
Just wait for the update from ZEN ....
No doubt they are working flat out to make C-37 a success. There will always be issues to resolve, remember this is thousands of metres down in the ground. I am confident that the team can get this over the line and hopefully into some sort of production. Then we can move onto C-30.
Italy & Congo acquisitions continue in the background and hopefully we will get an update to confirm completion.
Happy to hold and see this come alive. Please dyor and don’t be sidewinded by guest appearers!