Member Info for Schlum

It is probably being sized up in multiple board rooms as we speak.

News of EU certification would do nicely.

The wage bill needs to be cut.

Hedge funds need to be controlled!!

There has been strong sales growth, but break even is not in sight as yet. Where will the funding come from, if not equity holders?

U.K. almost faces blackouts but we still insist on supplying Ireland. Until Ireland starts producing its own fields, the U.K. needs to think again.

That should read, US seasonally high storage levels.

Anyone care to speculate what a break up value might be. Clearly in current circumstances this is not straightforward.

Gas price in the US keeps dropping. At this level or lower operators will soon choke back output. Hopefully this can make inroads in the U.K. seasonally high gas in storage.
All producers will be feeling uncomfortable at this gas price, hedged or not.

Again on Monday, although slightly less at £3k.

That is Mole is correct, imo.

Correct.

This rns seems to assure that Xsg has a future after all. Onwards and upwards.

Any takeover offer price presumably would have to be north of 25p.

Well those figures illustrate there seems to be low risk high reward here. More power to Martin and Let’s Explore.
Thanks for keeping on top of it.

A farm out deal on the Irish prospect will likely be well received by the market.
Of the three Wressle field chums, EOG look to be the most attractive in terms of asset backing per share and upside potential.
The share price at this level seems low risk ad high reward, in my humble opinion.
Dyor.

So if £14mn is correct, how much of that is cash?
Somewhere in all the figures the current share price looks very good value, I suspect.

Hi ! Still getting my head about what we have here.
LSE shows mkt cap. Of £14 mn ? Hard to know what the real figure is, pre cash refund and post refund.
However happy to invest here with the Let’s Explore team. Home entertainment product has great potential, so await further details.

So drilling again on the Queensland gold acreage, drilling at Molaoi continues and significant resource upgrade on the cards.
2023 looks promising. Mkt cap £3mn.
Farming out a percentage of the Molaoi zinc project after next resource upgrade, may make sense.
Dyor.

Well as they reported £12 m cash on 1/7/22, I fail to see where you get that from.