Member Info for snooz

Hi All, reading all the posts from the past week and a bit - I'd like to be wiser before buying any more of this/deciding if I should sell...

What are the current flow rates? 55 mmscf/d? Or is that once H2 in serving 42?

How much of that £££ once that sold at current gas prices goes to IOG ? Somewhere between a third and a half?

The bond debt: It's due in what Sept next year along with quarterly interest in the meanwhile at ~13% (floats with whatever it is that 'they' now rig instead of libor). And that's about $95m. Except it isn't because some if it converted to shares - or what that just the last coupon payment?

The numbers that are swilling around my head only add up to covering the half the bond debt (and that's without any expenses estimate) - but if someone can post actual numbers .

I realise what I am asking here is lazy, instead of me doing "DYOR" I'm asking if someone can do it for me?

In the absence of much else post-worth going on...

Numerco now makes some data available freely here: http s://numerco.com/NSet

$56.75/lb implies YCA at a 10% discount to assets.

Thanks kessla, that + https://www.thegazette.co.uk/company/10508021/filing-history/MzM3NzQ2NTAzMWFkaXF6a2N4 ought to be required reading.

The biggest downside risk to the SP I see at this point are that the liquidators dump any part of their 143m IOG shares (up from 125m). And that feels, to me, more likely than any unexpected drilling/flow problems as they have seemed to express an air of futility in a hold-and-wait approach in that court doc.

Optimistically, if a buyer for LCF/LOG's holding is found - that's a real good-news story that I'll be trying to keep some cash on standby to react to.

GLA

(message cropped by an angle bracket?)... Order was triggered by "ITX (LSE.Best Offer) less than or equal to 4.7 (GBX)" so I got some improvement on that level.

>300K share purchase reported after the bell?

>Nice purchase if that is the case

Thank you - me getting back in after exiting on Monday.

Order was triggered by "ITX (LSE.Best Offer)

I'm thinking the volume traded today, and the level trading opened at (I had the 2nd trade of the day @3.679, which was far gapped over the resting order level I'd left on), means we should expect to see an announcement regarding change in share ownership in the coming days.

I'm suspecting the London Power Corp liquidator just decided to get it over and done with: https://find-and-update.company-information.service.gov.uk/company/10508021/filing-history

Direct link for the presentation video which may be convenient for some: https://s3.amazonaws.com/bigmarker-extension/a3e93685bc22-3fe4102f4a62ea52255d902cd5a90146/a3e93685bc22-3fe4102f4a62ea52255d902cd5a90146.mp4

>,are the people bailing out the correct ones

I was one of those bailing out today. I think I had the biggest trade of the day(?).

05/06/23 08:31 Sell 300000 ITX 5.1000 GBX

FWIW, no deep analysis, it was just that the news didn't look that great to me, it just looked like increasing sales by increasing losses - so I took the opportunity to book a profit on this entry:

06/03/23 11:16 Buy 300000 ITX 5.0000 GBX

GLA.

What I'd call a strong jump this morning. Good volume already. Wha was the overnight news?

Https://assets.savills.com/properties/GB0409L106802/f7db2ce2fe80b4ecd4fbea9264244f78-cdan12999_l_gal.jpg

(not sure why that was cropped).... I think it was telling me that there were less than 1m shorted at the start of the year, and now over 4m. This shows the fees jumped at the beginning of May: https://archive.ph/4RUfB

>Bank of America raises Yellow Cake price target to 620 (570) pence - 'buy'

620p would be NAV when $75 per lb for U3O8. A bit more from the report, at CNBC: https://archive.ph/oBxhk

On another topic: I saw some datalend numbers that showed the number of shares shorted had gone up a lot in the last week of March, and even more in the first week of May. I think it was telling me

Data must be wrong.

I got this Divi on the 2nd Dec: YOUNG & CO'S BREWERY NON VTG ORD GBP0.125 Div of .1026 GBP

Numerco printing an uptick to $53bid-53.75ask for U3O8 spot: https://twitter.com/numerco/status/1650922123316146176
It's not quite a 20% discount (mid of that U3O8 spot vs the LSE market close of YCA) but very nearly.

>Is this your first buy here or adding to a holding?
>Are you planning on buying more?

That buy more than doubled my holding. I've not got a specific target... but when the price is back at 6 I'd be thinking about selling half (last time I sold was 6.1, so have a psychological level there), depending on what else I can find to invest in at the time.

I'll hold the rest hoping to X2 on that investment.

Oops - a bit of a miscommunication between me and them. I was the buy at
19-Apr-23 15:45:05 4.80
I thought they'd cancelled the order a couple of hours before, but they were just telling me they couldn't fill it at the time despite the offer being 4.8, but it was still live.

What's the largest size your brokers can quote for this? My broker suspended my order today because there wasn't enough size for it at any price.

>There has been historically option to trade in range of 10% discount to NAV
It's one of those days. I bought some at ~402.8p

"Will be interesting to see if they can follow SPUT with a few days of premium to initiate a raise to fund"
Issuing $50m at 412p. While that's a discount to SP & NAV, they've got the U3O8 price locked in at US$48.90/lb .

What else do your tarot cards predict?

From the announcement:
The highest and lowest market prices of the Company’s shares traded in the past
three months immediately before close of business on 11 November 2022 were:
Highest: $0.120 on 9 September 2022
Lowest: $0.007 on 1 November 2022

Someone surely got their decimal places mixed up when writing that.