Member Info for Wilthew

In order for for license bids to be successful the government Will need to relook at the windfall tax, it isn’t a viable business proposition long term as gas/oil prices will eventually settle down & when they do the current businesses model doesn’t work, a lot of upfront investment to get the project up & running , the bidders can’t be

Certain they will get a return on their money while the eco debate rages on.

1p to sell 1.2p to buy im way underwater here , im sorry to say it’s probably another pump & dump I’ve seen it to many times with XRP & no im not a bitter ex holder, just saying it as I see it.

I only need to get to 20p to break even!

Make that 105% I’m still massively down from the last time it fell due oil well was abandoned, maybe one day I will get my money back

It went up 5.36% unless I'm missing something?

i can’t remember the last time i witnessed a fund raise/share dilution rns which didn’t result in a sharp sp drop on markets opening, although to be fair the sp is already on its ****!

Great update, with the last UK coal fired power station shutting down this week, the UK will be more reliant on gas fired power stations leaving the government in a viable position which will hopefully mean watering down the excessive North Sea oil tax windfall changes, if Serica can’t make a reasonable return they will

Look outside of the UK to invest & not continue any new North Sea oil plays.

What’s causing the sudden decent buys?

The sad reality is that electric cars have not proved to be the silver bullet that was hoped, new electric car sales are falling, the 2nd hand values are plummeting. due to high electricity & insurance costs plus range anxiety, until hydrogen cars are mass produced fossil fuel aren’t going anywhere. North Sea oil is a big employer in Scotland starmer isn’t going to want to lose the votes he won in Scotland

SQZ currently up 6% looks like positive response from investors old & new!

Up 42% sadly a pump & dump is probs ly on the cards, fingers crossed it can hold onto some of the gains & build from there

Sqz PE ratio based on todays SP & current revenue predictions is 2.8, if this doesn’t show that current is SP is way below where it should be I don’t know what does.

Just to put todays drop into perspective

All commodities are down today & drilling/mining companies are

Down as a result, a certain element of the fall is the sell on news

Mind set & market jitters due to the ongoing term oil in the Middle East.

Sqz have proven assets that are producing lots of oil & gas, they have a decent bank balance, in the end common sense will prevail & the share price will rise

Thanks for article agree with what it says buy out or no buy out

Shares are to cheap!

Not a subs river to the times what does the article say, good or bad

Outlook for investors?

If Blue coast make an offer it will be put to the vote, the board & backers have enough combined shares to accept an offer if they feel it’s fair, shareholders will get a vote but as usual it makes no difference to the outcome if the board wants to accept.

You will be paid out at whatever the agreed buy sp is

As always people buy in on the rise & expectation of stellar results & then panic & sell on news when results are good/inline with reality. Winter is ahead gas inventory’s across the globe are low & as a result gas price will rise , oil is up, the next 6 months outlook for Sqz is looking good for me.

As always LSE is slow to release RNS

Released this morning

http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230824:nRSX3498Ka&default-theme=true

Just breached £2.50 announcement shortly on new oil/gas projects will Push us back over £3 where we belong, way oversold on the back Of tax windfalls & tie with tailwind not being popular, strong dividend yield & growth stock IMO

For the last hour XRP shares are unable to be bought /sold without going to market, odd?