Member Info for Schlum

Must be about time for an update. Expecting strong trading news.

‘5 significant new contracts signed so far this year, with two being larger than any achieved in the prior year'…..
The £335,000 share purchase by Bod is a positive sign.
I would hope that with a reinvigorated sales push, a raise in six months time with luck will be at a SP well north of 10p.

High risk, high reward.

Hmm…! Oil fields , therefore need to push on to development asap. The U.K. can defend the Islands and Argentina ‘s belligerent attitude will not stop it.

Javid says that the nhs is evaluating blood tests which detect cancers early.

Might that be CIZ?

No more news that I can find, so far.

Sinn Féin’s oft fractious relations with the U.K. are important for energy security, considering 70% of current gas supply comes from there .
Barryroe will ensure Irish supplies for a decade.

Appeal to be submitted in the first quarter. Success will be worth a significant boost to the SP. A dangerous time to be short.

When is Tarpon 1 due to spud? Any idea.

High risk, high reward.
Assuming a production green light is eventually given, 25x the current sp is not out of bounds.

Assuming CPR for Wressle field brings in a figure of 1 mbls attributable to UJO, that would give a net present value of well over our current market cap of £16m.

OSI must now be on the radar as a takeover target. It becomes clearer that this industry segment is low margin and highly competitive. However OSI’s products are considered high grade and many millions have gone into their development.
Alas positive cash flow is never achieved, that is as yet.
A raise at this price may be achieved, but a more dynamic management seems necessary.

As to a potential takeover price, that is hard to speculate.

Two trading days left in January.

Wressle updated reserve estimate is due, however together with Biscanthorpe and other prospect acreages together with cash, anyone come up with their best guess?

You mean 0.42p per share, not 0.042p, I presume. Thanks for feedback.

Anyone care to offer a view. I believe it has to be higher than current sp, even without helium asset.

Thank you Taltbong. So essentially the sp has to reach 63p for ten consecutive days leading up to 5th Dec this year.

I think that looks doable. Just need this covid malarkey to buzz off.

Mkt cap is £51m according to figures above.

Landowners love the annual rental income from barely moving windmills.

So here we are in placing territory.

The fresh meals are good quality and the cupboard long life meals are unique to Meal. The question is can they produce a profitable business plan.