Member Info for SophisticatedD

Buyer is going at it today

Https://x.com/smackeraim/status/1981695960192610661?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

Nt 1.75

Still nt

Leak?

1.92p for size wow

Nt to buy

RNS logged? Or windfall tax thing true? Buyer filled?

Broke out

Nt

“Red Rock expects in the next few days to visit some of the short-listed licences.”

“The initial financial cost of the social housing programme is now secured, from external sources.”

“The Company had been reluctant to make further investment in the DRC before obtaining a judgment on its financial claim in relation to the sale of its VUP joint venture assets, which has been slow in coming but which we expect in the near term.”

Makes you think…

Maybe they executed JV on the wink wink that the money is coming to be able to hit the ground running

It’s a win for everyone

They release the money and it’s then reinvested into DRC

Certainty motivates the DRC to release the money, maybe the JV even steps in to speed it up

“ UK considers scrapping oil and gas windfall tax in bid to boost growth”

Hmmm 🤔

Https://www.politico.eu/article/uk-treasury-oil-gas-windfall-tax-growth-november-budget/

This is very interesting for Wressle and cloughton 🤔

G42 recently announced major progress on the construction of Stargate UAE, a 1GW large-scale AI infrastructure cluster being developed by Khazna Data Centers, a G42 company, within the 5GW UAE–U.S. AI Campus in Abu Dhabi.

Announced in May with global partners OpenAI,Oracle, NVIDIA, Cisco, and SoftBank, Stargate UAE has moved rapidly from design to construction under Khazna’s leadership, marking a decisive step in the UAE’s AI infrastructure build-out.

Rubbing shoulders with giants here

RRR

Andrew bell saying on TG that they have bigger contracts lined up than ECOB 👀

2p pre news leave us wide open for a violent gap open to 3-4p

1.7 on the ask 🤔

With the 3 targets in Guinea at 30mmscfd potential each and Scarborough 10-20mmscfd a day 3 targets

In the not so far future our assets could be generating over £300m gross payback PER YEAR

Mental really

Moved it up and nt straight away

Many thanks to everyone at MMH and our partners at GE Petrol for a very productive week in Malabo.

A collection of photos from what was a busy week where we kicked off planning for drilling the ~900 bcf Barracuda field in 2026. Some comments about the photos:

- Very pleased to award Mr King from GE Petrol a certificate following his successful completion of our G&G training course

- first time I have every seen all three of the Bioko Island peaks at the same time. Mount Cameroon also clearly visible from Malabo at one point this week. It is interesting to note the trend in elevation

- Who can spot the Alba platform? (Hint, it’s 32km offshore)

- Two rigs stacked offshore Luba awaiting deployment

- Large fruit bats leaving their roosts in unison to feed as the sun sets

- EG LNG looks like it is wearing Pico Basile as a crown. It’s 3011m, must find time to hike up to the summit one day

- The Ministry’s office has an excellent view of EG LNG (photo doesn’t do it justice).

Gone nt 🤔

Short summary / answer

Range: £18,774,000 — £19,668,000 (using USD 840–880/t). Metal.com+1

Best single estimate (mid): ≈ £19,221,000 (using USD 860/t and 1 USD = 0.745 GBP). Fastmarkets+1

Still nt

Got to love Mm logic

“Let’s drop it but leave it nt to buy all day”