Member Info for Schlum

Clearly a £23mn mkt cap., is viewed as undervaluing this company’s potential.

The natural gas price is falling daily , all producers are falling.
Of course Dec is hedged for 2023.
Other producers may be unprofitable at these prices. US output will fall, eventually natural gas price will rise again.

Good article on growing Worldwide interest in tidal power.

Personally I always thought the HBE had the most potential. Selling nearly $1m in a day on QVC is impressive.
Improve the technology of the product and as the CEO says, this looks exciting.

Absolutely correct. Stupidity and covering his back before he starts.

Poor Schlumberger engineers must have sweated profusely.

It is suggested that Schlumberger are not on the rig. Using second rate outfits to do the wireline logging and perforating, to save money, can backfire.

Agree, particularly re JV, as the zinc asset is looking stronger with each RNS.
£3m market cap now looks mispriced.

Now that would be a test that every GP and A and E dept would need.
I am unsure if ABDX are working on one, but boy is it required.

Someone has confidence SP up 30% in a week.

Ransom ware or other hackers have caused severe disruption at the Guardian.
A warning to all businesses to get password protection software, at the least.

More power to OSI.

Perhaps better than expected. The water situation in India is not great, so there remains a chance of these machines catching on.

Results seemed ok, what am I missing?

Excellent trading update. A fast growing company with good management and high ambition.
Happy to hold here.

DP came across well. We are on track, and can look forward to regular updates on lab core sampling and further drilling results.
Our Mkt Cap is only £3m and considering the potential sizeable returns from the project, the firming up of data can only be excellent news for shareholders and the share price.

Article in DT today by John Redmond? Senior Tory MP, suggesting battery storage sites across the U.K. need to spring up as back up power facilities.
SAE is operating in a prospective high growth industry.

Looks to be very encouraging news.

Share price is not reflecting sharp increase in above.

Hbr , 50% gas production, cash flow benefitting, equally out slippage in oil price.
Share buyback continuing at pace.
Large hedge fund short position will need to be bought back.
News of compromise on WT will give a boost to SP.

W69, cheers. A critical few weeks then. Cash flow estimates for 2023 will hopefully be looking buoyant.