Member Info for Thunder2040

In my opinion if the arbitration case is won and settlement is substantial, I would like to see Genel try and claim this from Iraq and sell Tawke stake to DNO..had about as much as I can take of this ridiculous pipeline closure that is none other than political blackmail..sooner Genel exits Kurdistan the better IMO

Was gonna say who is getting spiked..no one it's going over a quid

Not a wheeze...he was nearly taking it out well over £1...second time now I think this is for real..cancelling an investor meeting why?

Exactly I also thought he can't offer for less than highest price paid in 12 month period so if he has started running rule over it will go north of that surely..

Can't see the offer if made being less than £1 but that's just my take on it

Considering cash offer RNS

Lol you mean the share buyback by the actual company itself

Yeah it's good to talk ...feels a bit us Vs them (MM's) ATM...I fail to see how this has not bottomed now

MM's dropped it about 5% to fill £4k sell...someone is playing around here

Big tech going very well, AI and spending up yet this sinks, no connection with reality here now I am afraid

Second point is decommissioning, I think the future payments need to be discounted to give an accurate picture of their value...but I also think adding them into the EV is not normal..harbour energy has similar decommissioning costs which are rarely mentioned

In the calculations it says the free cashflow is modelled on $70/barrel in the narrative but thenthe numbers used are different and lower so can you explain that are you modelling gas element?...also they don't quite add up by my reckoning eg. FY 24 21,484 x $65 x 364 would be $508m not $507m. How have you modelled the Akatara production in this as it's gas at fixed price not oil? Using $75/b would give $584m which would increase freecashlow considerably from what you have for FY24. Similarly top end production would increase it too..so feel it's a bit conservative

how has we got to this point where 20-30k bopd is valued this low...is this company spending more than they make to extract it.. no, my *** packet 24 free cashflow was about £50m..seems odd valuation

Https://www.ft.com/content/92023201-01db-4338-8266-322cfb4988d4

not sure on how much they can sell gas for but i did *** packet calc and got about $50m free cashflow for fy24 which isn't stellar but i think the reason for the drop is defo the extra montara and stag costs which hit that...if you throw is decommissioning what is really left

Has anyone worked out what free cashflow will be for 2024 yet..we have all the numbers we need just gotta plug them in

Operating costs to remain flat yet production 50-60% higher that 2023...have I missed something there? Surely that is highly profitable...I think £174m for 20-23k boepd is super cheap ...granted some freecashlow is going on the capex but still think this is now about a third of the price it should be, wondering why market is holding it down

well just one quarter of not ******* in the wind would help immensely

55% for 44% against.. probably one of the worst asset sale deals ever seen wiping over 80% of the share price...hard to fathom

I know they all have skin in the game but I really dislike that they didn't buy more at these low prices, just does not give me the confidence this is the bargain it seems tbh, but maybe closed period now anyway