Member Info for zedy

No shaikan payment for May not helping.

Mcfly saying problems since start of year. Funds have been buying and a director recently. Think no truth in this.

How is vakue being "stripped"? Excuse the ignorance.

Only one fund short and even that reduced slightly this week. Barclays buying too now.

What date does current ceo stand down?

Also, share buy backs have not impacted on share price.

Is that all???? A misely quid.

Funds still accumulating at what are low prices. This will rerate in its own time. A case of when and not if. Patience is the key. Hope no takeover happens as 3 month average share price must be in low 80s and a 100% premium give price of only around 160p. Will be multiples of this in few years when production a lot higher.

Since the recent rise above 2p and the announcement of placing, this has gradually been decreasing. Are investors reluctant to jump back in as little confidence in this board. Makes me wonder.

Behind the scene deal highly likely. No public rejection of first offer confirms this for me.

Wonder if we will get a trading update before the 11am AGM? Could help stimulate investor interest.

Annual results were suppose to be released in May 2020. Anyone know when these are now expected.

116p. Will get a timeframe for increasing production to 55k bopd and the latest Shaikan payment confirmation will help.

Surely a virtual meeting should've been held. Shareholder engagement is important. Any views.

Good point munchbox, Woodford a good example too. At moment a risk between money running out in a few years or a deal being done. I'm thinking a deal will be done.

FPM was taken over after 12 years of being founded. Dont know what the initial capital was and how many fund raises were needed. Guessing those in at the beginning did ok. Definitely a hold for the long term with more share additions required.

The more this consolidates in a tight range the more I'm confident this will rocket when it closes above the recent highs. Gas prices ticking up but need to increase a lot to make a meaningful impact. Sold most of my SQZ shares as there business 80% gas too but hedging a lot better than Enwell. Board here need to get wise. Decided to hold these because company far too cheap at current share price.

The real prize will be successful phase 3 trial results for Lupozor in US due to begin later this year. Once trial underway the newsflow will be relentless and this will easily go over 150p prior to announcing results of trial. If successful then double that easily. Patience will be required next 12 months. Rewards huge.

I agree, hedging will help. Also, acquisition is a possibility going forward. Great management too. GLA

NewKOTB For info, figures below used

Q1 and Q2 2020 - 320,000 therms/day hedged
Q3 only 80, 000 therms/day hedged
Q4 only 140,000 therms/day hedged.
Q1 21 185,000 therms/day hedged.

Gas prices at historic lows