Member Info for Silverlight

yep - she's going to go mental next few weeks

boiler boys do one!!! haha

gas 7-14th hand comfortably beats the hedge!!! lovely

SHELL would not do anything to hurt a company that has agree to give them gas at 1/4 of spot - why would they for a few weeks, it's in no ones interest whatsoever. Anyway it won't come to that and I still maintain we will likely have a get out clause in the small print, I've never seen deal so one sided if thats not the case, you don't promise to supply gas if your not sure you have it in the first place, you would be better off not hedging at all than risk the whole company future. Anyway im hearing all good form sources close so it ain't going to matter ... SL

You but revenue for the long term, 3 year is only 25% of the life of it. Buyers of a certain type buy long term revenue, but you know this already as a shareholder ... or why would you be one.. right got to dash, its been a fun morning as usual but weirdly enough I also have a job ... SL

sorry M but hits et al are posting as if its the opposite, don't see you questioning them as a share holder? A deal to pay even if no gas would be suicide and not one I've ever heard of or been involved It doesn't happen. So mine is the most likely scenario. We haven't seen the contract but it would be completely one sided to if the were the case knowing that without gas you would still be liable, you would be better of not hedging at all, less risky. No-one has seen the contract ....

its not as black and white as that. Gas pressure is there, worst case they have to tweak the kit BUT IT WILL FLOW.

everyone does, if only to ensure a certain level of profitability and in many cases to ensure banking covenants aren't breached in a market where prices fluctuate.

exactly. of course there will be a clause for delays or worst case scenario, you only sell at the hedge If you don't have it! I Worked in many companies where hedging is part of the course, you don't pay if you have nothing to sell!!! No one signs up to that to potentially destroy their own company for the sake of fixed pricing, don't listen to the drivel .. its absolute nonsense. In an ideal world we wouldn't have hedgeD any thing with gas at x4 but heighsight is a wonderful thing. At least 70% of our production is now unhedged which is wonderful and very lucrative of the live of the project, we weaned a huge premium of we sell SFB which I recon will be back on the cards soon enough after first gas at say £200m/7-8p minimum based on the numbers and average multiple. SL

Sorry, I will revert to trashing 24/7 a stock I claim to own going forward. Got a spare white coat in my size anyone?

On top of the gas;

gas storage (could be worth millions)
Brockham update, first oil
Sidetrack in July
New acquisition he has spoken about a couple of times

Exciting times ahead and multiples of the SP to come.
Hold tight, ignore the noise. SL

they probably have it just hasn't been RNSed. You don't have to confirm something that you have already stated is happening.

yes very odd to post 50 times a day with pure hatred and still claim to own stock, seems the definition of insanity to try and hurt your own investment?

sentiment means more than the long term analysis these days, your average 'furlough' investor just sees numbers on a screen. This would move on the buzz alone, thats how it works.. even though the maths looks great too. And with regards to the hedge, no one knows the details, you hedge to get a fixed price for your commodity or product to reduce risk. There will 100% be a clause in the contract that with no or delayed gas then we wouldn't deliver. No one in their right mind would sign up to, worst case scenario, be liable for the cost of the gas if there wasn't any! Thats more risky that hiding in the fist place! (the trolls will use any scare tactic truth or not). We will get and RNS in the next 72 hours either way, I'm betting lovely flowing gas ..

you bought this morning with that positive comment!

sorry guys/genuine holders, thats enough troll fighting for one day form me, GL those INVESTED, NOT LONG NOW - M and the rest of his alter egos, please seek help. SL

when you 'our posts' exactly how many accounts are you posting under ..

Is your maximum word count always 7 before you lose your train of thought and start shaking uncontrollably?

to 'LSE Admin' - asked for this creature to banned 6 times now, how many posts no does he/she/it need to post nonsese on a share holders chat forum for this to happen? Your platform is becoming a laughing stock. ill report the posts once last time .. M - I suggest you leave of your own accord, you wouldn't do this in real life so have some self respect and don't do it hiding behind a keyboard. GET A LIFE.

Your nurse will be strapping you down for your injection, thats something.