Member Info for trawl

Similar production lower water and large distance it bodes well

The co has plenty of money to start buybacks

Cash was at 240 mil dlrs only 10 weeks ago

Seaport is self funding and they said celea funding is basically done

There was no money from the seaport ipo

All money raised went directly to seaport

I wonder if tang or briarswood may have picked some more if the sale of the adr shares made more available

Hopefully we will get an update on the drilling

It would be nice to add production at current prices

Looks like a trade at 29.7

It looks like someone is trying to pick up stock

Supply should be tight

The co mentioned contracting a workover rig

I assume this is to extend the life of the Wells

And possibly increase production

They must be very confident of license extension

I think aktara is actually closer to 6000 bopd equivalent with 1000 of that condensate which gets a higher price 🤔

The cash flow guidance is based on 70 dlr oil

Oil has been trading on average in excess of 100

For nearly 3 months

The free float must be tight

A few pence every day would do the job

Cash at 1st of April was 13 mil dlrs

1st of May 24 mil there may be a few reasons but it puts net backs at in excess of 60 dlrs per barrel

Seems to show 24.3

That's 400 mil With 16.85 mil shares

Puretech rns says they will have 16.685 mil shares

That's 300 mil dollars

Was that how many they held or did they take a few in the offering

Those figures are historic when the increased price about 60%

And increased production are factored in

Oil is above 115

I'm assuming these are new shares being issued and not current shareholders selling some as alluded to in recent post

I think it will fly when it is on the mkt

So I hope puretech takes a reasonable quantity

Based on that it seems a 912 mil dlr valuation

Which seems to be at same price as last raise

I'm not sure so let's see

Will puretech take some

There's also another that says 150

Hopefully jse gets close to some of the broker estimates

The results in 9 days should be informative

Current mkt cap equals about 400 mil dlrs

If cash comes in about 260 and the details on seaport which valuation is surely higher than 2024

Then the value will be clear to see