Member Info for valueseeker

Now that the world bank energy loans/ grants have been received anyone hearing that the payment arrears to energy suppliers are starting to be paid?

It's in the rns if u care to read it.......

It's in the end of you care to read it. A move away from natural resources. Also moved on from a couple of other companys in the sector I notice see news releases today.

I agree also with that- agadem you input is always interesting and much appreciated please accept my thanks and carry on. Equally AK I think most would have to agree, is doing the best he can to get this situation resolved and the company continuing to progress. Shareholders can be a fickle lot - once the wholesale gas prices start to take effect ( this month) and the world bank loans get approved and payments start to flow they will be patting him on the back

Buys or last of the shorts closing? anyone hearing this?? I guess doesn't really matter as both ways are positive for sp wtfdik

We could do with some clarity here. Shareholders ( i e. the owners of a company ) shouldn't always be the last to know everything. Most companies especially (recently with covid) have updated shoulders regularly about a wide range of matters. We get woefully little info and have to fill in the gaps often with guesswork or more likely misinformation.

Is this more outstanding money - or a reduction of the original 65m? What about all the extra gas we have been providing - what status are the payments for that?

The notice for the payment guarantee may be a good thing as relations appear good and this may help things along

But we need to know ( something) ?

Nen - it would be extremely efficient and value enhancing.

Company buying back shares issued for four times the price!

Decrease free float

Get rid of this illusive ' mystery ' seller who is offloading millions at all time low price
and at a fraction of what they paid/ were awarded at ?

Support specialist and send out strong signal that co is ridiculously undervalued which is Mgmt are constantly saying.......

I could go on and on... frankly I perplexed as to why the co doesn't snap em up. Lol

Zengas - agree with all of that ( btw buyback would be a no brainer on receipt of farmout proceeds)

Put it this way, the plan originally was for a dividend of say 12 m - for just over half that ,- 7m the co could buy back 10% of shares issued i.e. 100 m shares, let's say that's a pretty efficient use of any fcf...

I understand that the co is looking to do a share buyback over the next quarter or two. I don't expect the sp to do much until the autumn as they will want to buyback as cheap as poss at or around the current price.

Too much hype on here, I've been told not to expect an update til late June, not sure where posters are getting their info from?

Price of wti....

With the price of writing in free fall ( 43 dollars) now, the investment case for fid is looking even shakier aside from the environmental and climate concerns. Best to hope for now is a delay rather than the whole project shelved imo

Sold my holdings today and out of this nightmare completely now. Good luck all - u are going to need it

Austin - they have autonomous government structure etc...but the are British sovereign territory. We fought a war over our sovereignty in case you weren't aware...

Austin - yes the Falklands are UK territory. We went to war to protect our sovereign territory ( said in hushed Margaret Thatcher tones)

Question now is how does the government justify opening up new oil exploration area which flies in the face of new greener ( and more accelerated) policies?

Sky news reported that Boris is to co host the climate change conference with Sir David Attenborough - where the government is to confirm the bringing forward by (5 years) to 2035 (from 2040) the end of petrol and diesel vehicles. This will also include hybrids.

Looking like rkh and the Falklands have missed the boat. How does the shift towards faster carbon neutral status fit with opening up a brand new fossil fuel region in UK territory??

Sankeys-yes I agree. Whatever else is in doubt the co did receive 54m USD from a joint venture investor on the completion date of the 7e transaction

Hi Falklandinvestor,

I'm still in and sitting tight on arg.I don't think they will retrace much more.

Soon be time to get back into rkh after a bit of a retrace there following the farm in news.

Where do you see arg going in the next few weeks? atb

Does anyone know the date of the AGM please?