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Was a 12000boepd not so long ago :(
Jam tomorrow?
For those that have not looked at the TTF prices lately..........
6000bopd net
~10000 MWhrs per day
T/over 10000*290/1.18 (exchange) = ~£2.5M/d
cost is minimal and this figure does not include Laggan.
I listened into Kisto's on-line webchat thing this morning about the merger (abet at the end). AA's sole focus is generating value/money for the shareholders, something he has this knack for. Does Serica's board have the same drive and ability to do the same?
and Serica is over twice the size of Kistos.
So Kistos went to Serica suggesting a takeover/merger with them, with a new company formed consisting of a combined board. Serica said no way and then suggested they take over Kistos with no Kistos board member being on the "new" board. Kistos offer ~25% over and above Serica share price, whilst the counter offer is 4% premium to Kistos's share price.
Interesting times.....
I would guess that the product from SBTX is small change to Croda and one of many products they are working on. If it was to be a big part of Croda's future product line they would be making more noise about it. It is a (very) small gamble on their part but a with big potential impact to SBTX's.
Could it be that a positive trading update RNS will be released prior to the half yearly results being issued?
This should make for interesting reading as it will include figures on sales since the launch to end Dec.
From Energy voice
"The firm has been on the hunt for new acquisitions and said “it is a participant in a process being run by TotalEnergies S.E. (“Total”) to sell interests in certain of Total’s West of Shetland gas assets”. Laggan Tormore is 60% operated by TotalEnergies, with the remaining 40% stake is evenly split between Ineos and Viaro Energy. SSE struck a deal with Viaro Energy for its 20% stake in the project in December 2020, fetching £120million."
~€126 million
According to the 37wk interims posted Kistos has ~€126 of "borrowings" which was to the end of June.
Maverick7 - how do you work this out when the 37 week "interims" were posted in September?
I have been doing some calcs. as to when the final results should be published. With the 37week interim results to 30th June issued in Sept., that should indicate the FY results to end of Sept, should be due soon. These will make interesting reading. Has anyone got conformation my thoughts are correct as to when we can expect FY figures?
Like you Odysseus07, I am miffed with the share price. I cannot see what the results will indicate (regards future performance) as these will cover for the 12 mths before the product was launched.(end June '21?). What I want to see is an update on where we are now and what the future has in store regarding company strategy building upon the launch. Will they provide current sales or even an date when they will update us on these?
I know the CEO always keeps to his promises and when he says X will happen at Y time he delivers. The last was bringing the new product to market in Q4 of this year. What are his latest promises he is "due" to delivery?
As ever I would like remuneration policy linked to share price performance.
I have just bought into this with a hope that this may yield some fruitfull gains. In the meantime I have a few questions that I know some of you will be able to answer.
The company will be starting a limited subscription for the new probiotic formulation in Q4 this year. This is great news but has the company got the means to transform itself (or any detailed plans) to be able to produce the product on a production line to satisfy demand and/or grow sales? For those that have tried it what does it taste like?
OK so I have monitored JKX for some time, and I am tempted, however there seems to be something not quite right. On paper, debt free and a ton of cash in the bank and more to come, looks good. All I can see is the court case that has gone against the company and the cost of ~$31 (in total) for 2010 & 2015, set for final approval in 2022. Is there more to this or anything else I have missed, hence this is why the share price is not reflecting the actual reality of what this company offers to any potential investors.
The 3.5p per share was a bit of a surprise. :(