Member Info for SpArmada

Why the pears? How is that related to Kistos? Today it shows 2m€ ... OMG

Calculate the TTF equivalent and your mind will explode

You SQZ shareholders keep being disconnected from facts and reality. The Netherlands state owns 40% of all O&G Dutch assets, so if there are WFT to O&G producers, same for them. They are directly exposed to the high gas prices, so there are making as much extra money as the companies. Come on, do your diligence, it has been almost 2 weeks!
Here a Kistos shareholder that will vote NO if there is a vote on the deal.

The company has resources now, and will keep growing them, I see little impact on that side. If he court decides that the company has to raise money from investors, it won't be in the range of AMGO, 1:19, because it wouldn't need to. Anyhow, I already said I will follow the case and will decide accordingly. I have seen a lot of people share an opinion from the negative feelings of losing a lot. I ahve heard of the company through colleagues that have lost ~80% of their investment. I didn't see the investment case 1 year aho, but I can see it now.

robiz, you don't have to convince me, I bought yesterday for the first time, but I haven't seen any news backing this surge. I planned to keep buying as the situation develops, because I see a lot of value in 5 years

Do you dare to guess whether it will be October or December? I have a feeling they have learnt a lot from Blythe and Elgood, same jackup and team involved, which make me be confident on the best case, not 1st of October, but during October.

Am I losing something? I perceive an opportunity here, this is not Amigo or Provident, but it seems weird that the market has realised so fast after only 2 days.

The pipeline to connect Southwark to Thames pipeline was placed a while ago, now they have to ensure that the hook-up is safe and that there are no leaks in the Thames pipeline section between Southwark and Blythe tie-ins

My 2 cents, the company needs to secure the funding after FID, the £29m from the last raise is not enough. I'm afraid it is still a low way till the fields are producing, and market still project low gas prices for 2024 onwards. If the prices are not increased, the NPV10 does not reflect the actual value of the company.

Market does not trust energy stock, and it is particularly suspicious of companies that only own reserves or resources, they want to see cash flows. So, do not expect a rerating of the company until the O&G sector sees it before.

There isn't a single DA price, it depends on the contracts negotiated at each trading house. So, expect some variations between different sources.

ZAIM is listed in UK but operates in Russia, not relevant at all.

Look at the Day Ahead price, not the Month Ahead price. IOG has no hedges ... yet

Amigo decided to go back to business instead of closing doors, and they weren't lending. With a Mcap of £6m, the downside is limited, but the upside is huge, given they get the regulatory approval and the finance for the Scheme - my guess is evenly cash-equity-loan. So, if they raise £15m for the Scheme, that would be done after the Scheme is completed, hence, the SP shall be above current levels, my guess is that the raise can be done at 10p easily, which would double the number of shares. Hence, a conservative estimation is to go back to 2019 figures in FY2024, with Digital growing fast, with a earnings per share of 6p, which is more than the current share price. I may be wrong, but I think it is the right (yet hard) step to do to save the company from the FOS claims.
I have opened a small position today, and I expect to buy more shares as more details are disclosed.

Is 350k shares a modest position? OMG! I'm so poor then

Still cheap, when the research notes start including the winter gas price above 300p/th the valuations will explode, so will the share price. It's time to sit, relax and not to buy Serica.

Jhaylock, Q11-B IS COMMERCIAL, but the volume is lower than expected and they are changing the development plan as we write. The company has already commented that a subsea tie-in to the Q10-A could be the chosen approach. You forget to mention that the appraisal of the oil underneath the gas in Q10-A was above previous estimations. The Value Creation Plan was poorly explained when announced, it will not award them 25m when the company gets to 484p, it is more complex than that. AA will get his 25m when the share price gets to 1100p. Yeah, not a typo, 1.1£/share, but, who cares to think top management and the main shareholder might prioritise value creation through share price? It sounds so silly, right?

Besides, ODE are the ones actually operating the platforms, so the change of license holder would not be critical. Besides, all IOG employees would become Kistos employees in the case of a takeover, not a transfer of license (I guess the mgt team would not continue, but that's another story).

The EDT Hercules keeps working around the Thames pipeline and "maybe" the hook-up for Southwark, I guess the works are progressing well: https://ibb.co/BtmbZpB

WOW! I'm speechless ... Don't you understand what "net cash" means? It means that cash and equivalent in the balance are higher than any debt, so, they have enough cash to pay for the whole debt.
Good luck investing with that lack of knowledge!