Member Info for Urraca

I’ve been out so didn’t listen and haven't had time to yet. Based on share price performance I’m going to hazard a guess that it wasn’t particularly inspiring.

“Continue to build-out its existing acreage position in Malaysia, including seeking to secure new acreage around its flagship Temaris Cluster and expand its core operated position”. Given the acreage was awarded in Feb and we’re just waiting for PSC signing it beggars belief to think they’d include this in an RND if they knew they hadn’t got it. This is a very strong hint of great news.

Thanks Offwork - I’d lost the link to this.

Paul, from the MBR+, I think the Petronas timeline (which I can’t find now) said that the acreage would be awarded in Feb, but the PSCs would only be signed off in Q2 2026. So before end June. Seascape can’t preempt Petronas on this. And i suspect the farmout has the prospective result in mind too. So we’re all waiting on Petronas.

Who got spiked?

Given the Petronas timeline stated that 507 would be awarded last month, but not signed off until Q2, this strongly suggests Seascape have secured it. With that, and a successful farm out, the share price should be much higher. I don’t really understand why they couldn’t have done the raise then - there does not appear to be an immediate pressing need.

Although the PM507&509 PSCs should have bern awarded last month they’re not going to be signed off until Q2, and Petronas don't seem to have announced the awards. So it could all be on hold waiting for that. Whatever, good things ard coming, just need patience.

The Petronas timeline for PSC award of blocks PM507&PM509 is Feb 2026. PM507 almost surrounds the Temaris cluster, so the assumption is that Seascape have bid for it. And any Temaris farmout would take account of it, in the event Seascape were successful. So fingers crossed - if Petronas can keep to their schedule it will be announced this week.

If we only get $10 million from a Temaris farm in, I hope the deal includes a very substantial carry element for exploration/development of the whole prospect there.

The implications in terms of the farm out would seem to be extremely positive.

I agree, no games. Someone sold quite heavily around 10:30. It’s a good opportunity for an II to quietly build a stake, if they want to. On reflection, maybe a placing when it was in the 80s wouldn’t have been such a bad idea. Anyway, I’m in for the long haul.

Yep. The way its going I’ll be able to get back in cheaper than I sold yesterday, and massively derisked. I’m sure Ice will applaud such clever trading.

Congrats everyone who held. Just popped back to have a laugh at the bulletin board’s resident Roddy Ho giving it the Big I Am instead of wiping the sweat from their brow and giving thanks for dodging a bullet.

Sold up today for a very small profit. I don’t understand the price action here, but the potential downside if its a No vote far outweighs the potential upside of a Yes vote. Good luck to everyone who is holding, and Graffalo, I feel your pain. You’re obviously sat on a catastrophic loss.

Hahaha, IceBobRomanby thinks Fidelity have spent £18 million buying a big chink of the Company so they can vote No, and see £12million or more of their investment vanish immediately in the share price bloodbath that would follow. I do wonder if Ice Bob and Romanby are a) all the same perdon, and b) being paid by Sidara to spread the fear of a No vote to scare people into selling so Sid can hoover them up on the cheap.

Really looks like Bob snd Icecare one and the same now

On the upside Darth, if the vote doesn’t go the way you want, you’ll have something new yo whine about for the next few decades. Brexit? Was Icecool even alive when we had that vote? Move on.

Totally agree with TheDetector

More likely 8p if a NO vote if you ask me. And that’s being optimistic. Anyway, it’s why the IIs will vote yes.

And a last tree shake to hit stop losses?