Member Info for SpArmada

Looking at the financials, production and RF tax losses, the price should be close to 15p. But I haven't factored in the impact of the energy profits levy, which could affect this company as it has limited capex to deploy un UK.

Gas prices to be held at this levels until summer? Do you know what's the total gas storage capacity in Europe? Please, inform yourself before making this nonsense claims.

Well, Paul Blakeley told Malcy that there were 4 potential deals for this year. 1 down, we expect to see the other 3, I guess 1 will be the additional 10% in Lemang and I am totally clueless about the other 2, but I'd like to see some more gas deals. What do you think?

And it won't flow at 535 bopd at production, half of that would be best case.

The company is controlled by an oligarch and I'm sure his energy business has been hit but the last round of missiles and rockets. I doubt the holding is able to satisfy the receivables. I'm sure it is not in the interest of the holding or Vadym Novynskyi to distribute any dividends. It could happen that the make the financial position become worse and worse until they decide to launch a tender for the non-controlled stake. However, I doubt it will happen soon (cash being used elsewhere) and at a fair price. This company should not float in a public stock, it has all features of a private-to-be Co.

Are you sure? Because the Mcap seems ridiculous at this price

Use of caps, self-promotion, little to no information... Please, think twice before opening any more threads

So, you are inferring that the Tilapia II operation is going through or it is just part of the CEO's PR to put some pressure on the regulators?

Source?

Does anyone know what's the expected production?

First, the faint-hearted Andrew Hockey (a great guy but too soft), next, Fiona McAuley ...

I told you, he has managed that all main officers buy shares simultaneously, he is damn good!

He already controls 0.73% of the company plus options, so I think we are on good hands. Maybe he is buying, but considering that float is almost ~200 million shares and in two days there has been a cumulative volume of 120 million, I doubt it is Mr. Newall who is moving the SP upwards.

He's also a master in market communication. He has managed to publish a positive RNS after yesterday's disaster.

I had the chace of meeting both him and Mr. Hockey, and I think the change is spectacular. Mr. Newall fits perfectly in the position of CEO, he has a business mindset with a very good long-term strategic vision. He was responsible for the hedging strategy that has played out great. Mr. Hockey was a good CEO for the exploratory stage, IMO, he is more a geologist than a CEO. I think the move is right, and the company is today in a better position than yesterday.

I spotted the error, it was in the data provided by NSTA for the ALBURY field

pasajerodeltoro, I think you arew replying to the wrong message, because your reply to my question does not make any sense. Oil is oil, you produce it, you sell it. I think their gas production in negigible nowadays, and the geothermal projects are still far ahead.

My question is how is it possible that they report an average production in H1 2022 of 1,865 boepd when the NSTA data shows an average production of 2,878 boepd?

Mazzucato is an academic and her analysis are usually flawed, we are suffering in the EU the effects of the application of her studies.

*Does ...
PS it's about time LSE allows editing messages

Soes anyone know how to reconcile the production data from NSTA and the data announced by the company? There is a significative difference between the two of them, even considering the 2 fields where iGas does not have a 100% WI