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They are more than likely in a closed period at the moment flexmw.
A possitive rns would be nice. Especially if it coincides with a market bounce. My only concern is that the work isn't finished and boats are in port because of bad weather. Maybe someone could confirm that's not the case.

Hope your right newk. We could do with some possitive news
Maybe there is someone who works for serica that could enlighten us

Israel are in the process of producing a vaccine which could be available in 3 months. News from the www. So it could be fake of course. Who knows

Ftse and dow futures are up. So hopefully we will recover a bit. Not that this should have any bearing on the share price inmho so dyor.Very sad state of affairs as far as I am concerned. Serica has been and still is a political prawn with a childish administration on both sides of the atlantic inmhp so dyor. People really do need to grow up .Up Greta inmo and inmv.

Way to go Greta.

It must feel even more odd being a rockrose holder. I did buy a small amount at 18 as I didn't want to miss out due to their high cash pile. maybe both companies could still merge, but if they fall any further serica could bid for them inmv

I think you are right Newk. this has all been orchestrated inmo, Even channel 4 news seemed a little more grown up and balanced this evening. They even let it slip that the most risk people of dying from this not fatal in most cases are men over the age of 80 already in poor health. They obviously decided to quarenten john snow as he would have had a lot to say during the past few days.

Looking at the o & g sector as a whole there must surely be a company out there that would suit serica. Anyone have any thoughts on this

Agree over flu. May guess is there is more to this. As posted earlier why haven't both the us and uk done anything to calm the markets????. I was around for black Monday and subsequent heavy falls, but to me this feels quite different. Maybe this is a form of devaluation of whole economies

if its any consolation flabby most stocks are down. Unfortunatly we will be following wall street even though their market was and still is overpriced inmo. where matters could be eliviated to some degree here is the lack of news. for example dates have been finalised for the rhum workover, but how do investors here about it . Through message boards and energy voice. This company may be well run, but they still haven't grasped pr inmo, They are not alone unfortunately. For me I hold and still do due to slightly misleading comments from them in terms of further acquisitions after bkr. Im not convinced anything will materialise now, but we do have a doubling of production too look forward to in a little over 18 months. so I will hold to nearer that time, but not after unless they come up with something. As I posted before the best bet is b,p throws us another bone.that unfortunately seems the only likley hood of another cash generating acquisition.even that now seems far off after shearwater going to premier oil
The other concern here is why was the platform closed if this casson removal isn't a huge problem in terms of health and safety. Still seems very odd to me. Also dont expect this to open up as ftse futures are currently down nearly 2% together with oil and gas, but they can turn rapidly when it suits governments especially the u.s to announce all is well. which I would imagine isn't to far off now

Maybe it has something to with sericas net production doubling in a little over 18 months with decommissioning costs being a 6th of rockrose come 2022.not to mention gas predicted to rise around that time.

It is going to be interesting as to which companies get taken over or merge. My thoughts are that if Serica and rockrose do not merge. one or both of them will be taken over.rockrose looks the most likely to be bidded for first due to their cash now 20% above their current market cap. As far as I can see someone could repay any loan against them in a year even if they pay a 65% premium to current prices

I could not have said it better than the pair of you.my feelings exactly. Channel 4 news yesterday evening was a discrase . I almost rang up media complaints. Talk about fear mongering. Then to top it all you had some snotty teenager gloating in the markets falling . He most have been all 18.another one of their child experts. John cravens newsround could have produced a more adult orientated news than they did.

And also thanks dilberty.

Thanks.

Thanks flexmw.
Let's hope it is a possitive sign. Maybe if we are lucky the company will issue a news release as to progress being made with regards to the shutdown. Inmo to utilise the hedges at their best they need to get this up and running. Then maybe close it again later on to finish the work
Only as I see it being a non oil man

some objects on advfn have posted links re platform without eluding, Do they really think that the rest of investors outside their boats and geranium growing club are that stupid. Newk maybe you could interpret what they are alluding to.

Alspivi
Consider the glove thrown. For obvious reasons I will not be posting my contact details via this board . I will be using lse as a mediator so we can meet at a mutually convenient venue. Maybe a boxing ring or something a little more. Upto you .

I hope your right Jack. Also interesting article posted by blue eyes re lpg.
For me i still find the whole episode with the rig and coronavirus disconcerting. If you were a conspiracy theorist you may question as to why the ofac licence was extended by three months together with as to why the rig needed to be closed for a non urgent matter. Not to mention the colapse in gas prices. As a holder still glad the share price is holding up,but for how long???.
My hope is that this will merge with rockrose and who knows bp may even throw us another bone for services rendered. A imho

Newkotb.my feeling is current holders together with possible new investors are losing faith that a deal will materialise. What would help is an indication of how much the dividend maybe. As why would anyone want to buy into this.im still holding but to be honest rapidly losing the reason why to hold onto them.so in summary they really do need to come up with something soon

Newkotb the same has happened to rockrose today. I just wish they would merge. I can see rockrose or serica being taken over. Personally if I was a bidder I would be going for rockrose due to their cash pile
Inmo serica should have at least given a indication as to how much the dividend is likely to be.i cant believe I'm the only holder here that is getting fed up with the lack of growth during the last couple of years.the corporate presentation was great but has provided nothing in terms of company growth for the next twelve months. Apart from a dividend payment which could amount to next to nothing inmv