Member Info for zebbo

So by the 24th will we be sub £10?

Could be anoter bloodletting day. I expected this will be a dissapoint update, we have had ME disruption to content with also

Why take 10,20 30% + profit when the real aim is to multi bag - a very real chance here. The building blocks are in place, going to be a exciting few months for sure

Feels like this is going to be death by a thousand cuts as AI strips away at the revenue streams and WPP relevance becomes less and less

My fcast is that just a fcast and you could do some sensitivity analysis on the numbers. But feel its a realistic estimate

Re capex to get get to that point depends of final design, based on ($6–8m per 10 mmscfd)

2A = $0 (as fully carried)

DEWA - est$40M (for SEA 28%) Shallow, simple tie backs + unmanned

Temaris - est $150m if SEA keep 100% - Again shallow water similar design to DEWA

Many ways in which the cash could be raised as covered on recent presentations

5 Yr Revenue Calculation - Total Revenue $494.6million - (2027–2031 - based on $5.00 per mmbtu typical for domestic Malaysian sales

🔹 DEWA (non-op, 28% share)

Gross revenue at 100 mmscfd = ~$188m/year

Seascape share = $52.6m

2027 is 25% weighted (~Q4 only)

🔹 Temaris (100% op)

Targeting 90 mmscfd plateau

Gross rev = ~$170m/year

Seascape keeps ~70% net = $48m/year

🔹 Block 2A (high-impact, carried 10%)

Gross production ~275 mmscfd assumed

Gross rev = ~$515m/year

Seascape carried, minimal cost = ~90% net = $45m/year in full year

Ramp-up in 2030 (assume 75% production in year one)

Moreover is drill results are positive at any of the 3 locations, I expect the SP will be well North of 3p, triggering the 3p warrants and hence funding for continued drills

I think we all know where this is going and if we hit paydirt at snowy EST will explode

.....and the re rate continues unabated..... would not be surprised if we break £50m mcap very soon ie c£1.

Looking good long term and makes AA4 look even more undervalued. I am expecting ~£1+ return on the wind up of Emirates inc divis to contract end date.

Not factoring in Thai A350s, as Im not 100% clear on what A350s will give us long term

I have added another 75k recently, way undervalued IMO

Further headwinds impacting flights for all

Dibs, thats the opportunity ;-) Still very much under the radar IMO

Dill should be at or around TD now. Not sure how long it will take to complete core analysis. But they may have visual indicators

No ref to Q3, H2 is what has been communicated for initial Juno drill

By Capital Group Companies, lots more to offload by the looks of

Now that would be a surprise :-)

If they pay 7c our SP is laikely to take a bath

As you say Trotsky, NOTHING to do with NESF, although the naming convention may mislead some

IP relates CASO waste-to-oil and Lorentz hydrogen technologies

I expect the shares will consolidate on the AIM relist. I estimate 1p value be attributed to current shares in line with initial BOD investment (ie current cash & a little EV) added through

Assume 20m deal

40% - Bank loan

60% - Equity - so 40m shares @ 50p. Current cash c£750k to cover expenses / cost of deal

Key bit for me is what the existing shares are valued at as part of the deal. This is where additional value should show for existing holders

Equity raise amount / level will be interesting. Big value added at current mkt cap.

We dont have any revenue, how can renumeration like this be awarded....Feels wrong