Member Info for Sharechap

It looks promising given Kwasi & Liz's opposition to the WFT. I suspect they are speaking the truth and want to eradicate it completely but doing so will give the media a field day and all those people that think a WFT only hurts Shell and BP and have never heard of SQZ or HBR etc will be livid. So it will need to come with significant incentives (handouts) to quell the masses, something which I don't think Liz will be keen to do. So what is the solution?

This may seem a bit left field, but with SQZ 'strongly' advising us to do nothing and the merger with Kistos falling away in a whimper, could there be a plan to bring Serica into public hands and use the company and maybe the North Sea assets of HBR as a vehicle to buy up more of the North Sea?

Something like - "We are scrapping the WFT because we are going to bring as much of the North Sea as possible back into the countries ownership. This will provide the country with energy security and we will set up a sovereign fund to invest profits into more acquisitions and 'green energy projects' for future generations". I can see that being sold to the people and if it is, what sort of price would Serica go for in circumstances like that, I have no idea?

I've only been in SQZ since April, bought right at the top unfortunately, but kept topping up during the recent recovery. I'm comfortable with them sitting on the cash for the next couple of months. If N.Eigg is a success we will need to fund the development. We have no real idea what Truss (I assume Truss) will do when in power, talk is cheap. It's wise to keep our powder dry so we know whether we should continue investing in the North Sea or go abroad. I understand it's not healthy having such a large stockpile of cash not working for us and it's dangers have been made clear by Kistos recently. However, very intelligent people run this operation, we will have firm answers to key questions imminently - why guess when we have just overcome a major threat? I'll be concerned if we have done nothing by November, but now it's the smart move to wait imo.

Yeah Stena Don has been at anchor for a few days at least. I looked on I3E's website to see where Serenity is in relation to the location tracker websites and they match up pretty close. There has also been that REM supplier working clockwise around Stena Don for the past couple of days, traveling slowly. Maybe they will be sending out a bumper thorough RNS, Q2 results, early spud etc. I'd rather them all come separately, but it explains the delay with Q2 results in my none expert opinion. Exciting times.

I think you might be talking about EME - Empyrean Energy. CEO didn't resign as far as I know, so might be a different co. Hurt bad that one though.

the gazette - all notices

I sometimes use this site to get an idea of how busy Begbies and others are (Quantuma/FRP). It's not a perfect science, but if you type 'Begbies' into into the 'text search' section and show '100' by latest, it paints a good picture for shareholders of BEG imo.
https://www.thegazette.co.uk/all-notices/

This quote makes it a slam dunk as far as I'm concerned, you don't use 'many more' imo unless this is finalised.
Daniel Thanthwe Kachale - Trade&Investment Specialist- UK’s Foreign,Commonwealth and Dev Office,
Aug 5
Replying to
@UKinMalawi
and
@MkangoResources
Great meeting earlier this morning. Looking forward to many more of such investments in Malawi #energytransition #