Member Info for rifteastafrica

Yeah nice volume and price action

Another solid start to the day. Bid is higher than this time yesterday!

AZULE GOT TO BE CLOSE!!!!!

£100 million at 44.2 pence

Institutions can start now.

ISA money coming in

NEXT DEAL IS THE REAL STEP UP. They've had two years to find it

Production on 3/05 is up 39% since 2021

More ESPs and infill wells to get the 23,700 bopd up even more!

Caco Gazella development could add 10,000 bopd

Running room in licences we have already (development potential throughout)

Very tightly held company - Free float only about 40%

Irish billionaire owns 7%

Kazak billionaire owns 21%

Former Tullow Team

High Oil Price

Encouraging start , buyer interest definitely there

Just as if not more important, consolidate and move up slow

About 60% and nothing for the TEAM!

YET.....

Money flowing in at 11 now

Second wave incoming looking at the trades

Tus maith leath na hoibre!

Interesting to see if Cathal can do an Amryt / hVivo with this one!

Azule got to be possibly today tomorrow , surely?

Brent $90

FCF at 23,500 barrels per day gross (7000 net) must be $70m per anum

Stonking trading activity in advance of Azule approvals

This level could capitulate today. (Even on 5th April!!!!!)

Someone banging in trades at 40.9

Kicking off

44p the £100m MCAP level where bigger investors come in

Log time ago under 3% who knows

If it gets to 44.2 pence its going to shoot onwards

https://x.com/BobInvest/status/1772949702419394593?s=20

I am re-iterating my call for a BUY BACK here also. Afentra are in bumper returns territory

Should be 60p by now if not 70p. Brent is $91 !!!!!!!!!!!!!!!!!

This field went on sale at $67

Only getting started here. The Azule approvals will pave the way to closing which will pave the way to the NEXT VALUE ACCRETIVE DEAL just like this one with possibly BACK DATED barrels!!!! We love them :-)

Cash flow here is insane

A lot of the approvals wait was unique once off though axelrod

Block extension

Our own admission document

Our own decision to bring in the Azule deal

But approvals are what matters Axelrod. Closing is a formality after approvals