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tom111
Posted in: ZPHR
Posts: 5,765
Northern the share cap is out of date after the placing ,its now around £80M Lse have not updated
Up nearly 5% @ $94 must be the Ukraine situation
Some buy £153000 after hours over 3M shares
Might be wrong just feel like we may get a proper blue day tomorrow
WTI now over $91 seems perfect timing by CH
Today
It appears to be you have got it all wrong trumble you've lost 150m along the way lol Try something else
They have got 2.674M barrel net from the deal x 70 is 186m
How does that work out paying $70 a barrel just for a tax credit,i find that very hard to believe
The only saving grace is I cant possible see another Placing
price was $65 in July last year and the sp 7p now oil is over $90 and the sp 5p work that out.
So we are near as dam it 4000 boepd ,and we are @ 5p,doesnt make sense
Thanks Kenny only over on ADVFN moonshot was stating cash flow from Paradox as $3m per year,I wondered what he was talking about
Does anyone have an idea what revenue we will be getting from Paradox shortly,thks
Amazing PANR up 30% on nothing really and has a $800M cap and has had numerous placings
Muted response ,the fact they havnt hedged yet was a bonus.Maybe tomorrow evening will bring more welcome news
So including Paradox should be nearer 4000boepd.ATM spread is nearly 8%,crazy
Under the circumstances I think they got a go deal,its not easy to get loans in the oil industry for obvious reasons,the placing is only a third of the $36M after all.This will blow over quickly when results start flowing through
But he didn't say that IG check the rns
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