The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
All the guesses would have been unnecessary if ab is more forthcoming
By early mar 2020 figures will be available on actual production from uk assets
That will give u a good idea on 2020 production figures
Obviously data will not be from ab but from oga
U can’t blame long term institution investors for staying away from this share like a plaque when the ceo and largest shareholder keeps talking in Greek even during capital market day
Kraken has 3 great months
One load at 14.5 days is not indicative of failure
Let’s wait for load 54
Having said this far better than 1st half and even at 38k for dec kraken will end up at upper end of target for 2019
If only AB is more open and give a target of 38 to 43k for kraken in 2020 that would be fabulous
Romaron
Not impossible if u read shorties of pmo
Exactly what u said
Debt holders and at same time short stocks to squeeze last drop from the company
Only difference?
Enquest bonds are not due till 2023 while pmo refi is due in may 2021
By then if oil price stays at average 60 and production at 70k for next 2 years till 2021 enquest debt will not be more than 700m
That’s when shorties will bear full brunt
Can onl,y hope on stable oillie price
Try in forthcoming agm to link ab’s compensation to market value of enquest
Then may be u see better sp
Meantime just sit back and have a beer
Nothing u can do while ab continues to enjoy his fat checks
It’s fri
Take it easy for better health
Frankly it’s safer to invest in shares In Zimbabwe than in London
At least u know upfront u get shafted
Lse pretends there is a fraud office
But better find a sanctuary elsewhere
I am shafted but that’s last time I put my money in conshop called lse
Is there a fraud office in London?
Msians were seated big time by brits aka IMDb
U can hear a pin drop
The thieves are still in London enjoying high life
Tks for article
It’s clear now why acrm is shorting big time with a trump card in debt holding
Pmo has to figure a way out to get out of trap and burn the shortie
Equity raising will be bullet in head for sp and shorties will get the pie
It’s 600m+ in the books of pmo
A big hit on the balance sheet if pmo walks away now
Frankly 1.8b capex for 250m Boe resource and 80k bopd production looks godsend if not for the geographical risk
Best bet
Sell Zama
Paydown debt and then do a refi
Bring toulmont main on stream at plateau output
Only then in 2021 fid
Same 2020 perfect vision with pelle
72 to 73k
Would hv been higher if not for thistle/Deveron and heather repair works
Talking about sp
Could enquest be in same hidden hands as pmo
If authorities allow such breaches what chances do small time investors have?
Gosh I am invested in pmo and here
But looking at latest nonsense lse be last in line for me to put further dollars in
Cut the chase guys
The numericals have no meanings at end of day except for the talks here
It’s shareholders value at end of day
If not why are we putting our more money into the company?
If ab can’t do it time to find someone better
This sp is no better than rockhopper frankly
I can’t agree more with l3 on lack of new info
In my view there is nothing new and I wonder why the need to spend time and resource if there is absolutely no interest to attract new investors
It’s time to tell ab that he has done a wonderful job in keeping kraken afloat but his future as ceo and compensation plan will be tie in to creation of shareholders value as reflected in higher sp.
If sp performance stays moribund, time to vote with our feet in next