Member Info for Schlum

News on Goddard drill farm out ,may yet be a positive surprise.

Accumulated tax losses remain of great interest to prospective aquisitors.

The U.K. is perhaps over generous, in allowing a guaranteed share of its gas to be allocated to the Republic of Ireland, whilst Ryan acts as he does.

After many years Biome may just be getting its act together.

Certainly the demand for biodegradable plastic has never been stronger.

My figures for cash per share are my own estimates. Please do your own research. No investment advice intended.

However with a prospective 4.25p cash per share versus current sp of 2.6p, the Vodiac business is valued at zero.

Seems a rare undervalued opportunity.

Any traction for the home entertainment product is icing on the cake.

It remains a fact that Ireland’s energy security is left in the hands of the above connector.

Any damage or gas shortage and there would be shutdowns.

Clearly the company cannot sustain a workforce of 50 people, on current cash flow.

Reduce staff by 20%.

Perhaps OSI could apply for some government export credit loans. Don’t see why not, the new Chinese owners of Wolves? Just applied and got £80mn.

Debt repayment well ahead of expectations. In 2024 these payments flow straight to the bottom line. P/e of one.

Bookings growth year on year of 4% is too low. The route to being cash flow positive is being achieved, but at a slow pace.

The gold medal award is a positive , hopefully encouraging new clients,. A £2m fund raise is probably doable, unfortunately dilutive to existing holders. This company could do with some direct government loans; being in such a critical sector.

Let’s hope progress is made and Inl returns from suspension soon. The company of course remains a tempting target.

A farm in for the Kelham structure appraisal well may be a good plan. Perhaps UJO could put some of its cash pile to work.

H2 was never stimulated…. to my understanding.

‘Even after stimulation’……are you sure about that statement.

Quarterly update in about two weeks. Looks promising.

UK SNSea and the development of the gas reserves, remains important from a UK energy security point of view.

Harbour is freezing its UK offshore oil and gas exploration, so it would seem important to push Centrica or the like, to come to IOG’s aid.

To see a sp at such a discount to cash is unusual. Clearly a comfortable position.. Let’s (sic) hope we do not overpay for any acquisitions.

St Bart’s Hospital has suffered a major hacking incident, reported last week. NHS trusts seek anti hacking protection.

Is Ryan about to be overruled by Varadkar?