Europa Oil & Gas (holdin... Share Discussion Threads

[oilforex] 18/10/2017 11:41

The ones that haven't are hopefully on this board. ;-)

[jusmasel99] 18/10/2017 11:38

There are 11 councillors present not all have spoken ...

[dunderheed] 18/10/2017 11:33

It could be a yes and one of hugh' s barnstormer deals? Probably drop another 15% if that is the case?

[currypasty] 18/10/2017 11:27

looking like a no, anyone else watching ?

[jusmasel99] 18/10/2017 11:00

Score 2 for 2 against Chairman will vote for us if needed .. more to come

[oilforex] 18/10/2017 11:00

Just sign it off and save the residents taxes...

[dunderheed] 18/10/2017 11:00

Looking at tbe share price I'm a bit concerned that eog may also rns one of hughs amazing deals thus nullifying any possible planning good news?

[immy1992] 18/10/2017 10:56

Are the matters being discussed in relation to EGO's application just MO2017/091 or does it include MO2016/1563?

[currypasty] 18/10/2017 10:54

Cllr keith taylor now talking... alot of sense

[jusmasel99] 18/10/2017 10:27

There was a brilliant piece on BBC News last night about inflation and the cost to the economy of importing oil .. Frackfree turkeys can't have XMas come too soon ..

[dunderheed] 18/10/2017 10:20

Curry lol!!
So true what you type!

[currypasty] 18/10/2017 10:18

no doubt the protesters all arrived in their cars, leaving a centrally heated home, wearing oil derived materials for clothes and shoes, and thinking electric cars are the way forward as they don't pollute, and get power from heaven

[dunderheed] 18/10/2017 10:10

Nice one itsrisky. Keep us updated!

[itsriskythat] 18/10/2017 10:08

Arrived at County Hall, signed in and asked if I was from FrackFree Surrey. Not my friends, but they have 30 people here staging a protest outside at the moment.

[currypasty] 18/10/2017 09:34

looking better today, here's hoping!!!

[dunderheed] 18/10/2017 09:33

5831, yes I mean he's done so many fantastic value adding deals there considering the 'potential', maybe he can piggy back other company 'deals'?!

[hermana3] 18/10/2017 09:16

GD,Hughie will be happy to hear Total voting yes on option with PVR in Southern Porcupine Basin. The North Sea was a slow starter too....

[jusmasel99] 18/10/2017 09:08

A few other companies sure to benefit from a good result today including UJO - can't believe they are so far off the radar on this one...

[greatfull dead] 18/10/2017 08:35

Lots of luck any current EOG investors who tops up today @ 7p and to any new investors that also buy in today.

ATB,
GD

[immy1992] 18/10/2017 08:27

that jus and kwizza, GLA

[kwizza] 18/10/2017 08:18

Today starts 10.30

[jusmasel99] 18/10/2017 07:49

Good lad Risky - any connection to the Risky that is making waves on Twitter?

Immy yes it is available on the SCC website .. although given that UKOG are up after us I expect it to crash on overload... that is one of my most confident forecasts for today! ;-)

[immy1992] 18/10/2017 07:44

is the webcast of the meeting available to public, if so anyone got a link? thanks

[itsriskythat] 18/10/2017 07:31

Strewth Juusmasel99, you've woken up today in a positive mood.

The reason Europa don't need a placing is that they just had one for £3.4m in May.

On my way today to the meeting.

[jusmasel99] 18/10/2017 07:08

We have been here before waiting for planning committees and today is no exception to the risk that they will come up with some obtuse reason to delay it again. BUT the key word is DELAY. It can only be a delay .. Holmwood will be drilled.

Risk and reward. Buy this morning before the planning committee decision and the reward will be a re-rating of the share price in anticipation of the drill. As GD says 10p is likely. The flood of news following the decision will bring much attention to the disparity between our valuation and that of ANGS (I personally think UKOG is a separate case of the woven variety).


Experience shows that the share price will drop if the committee goes against us probably back down to 6p BUT ..

As long as our results aren't published today of all days then expect them to be published in the next day or two. This will show our current production and a much higher income from the rising OP than last year. (OP now up past $58) and that will bring our share price back up as well as offering a stark reminder to those in other Weald Basin shares that we are one company that does not require a placing as we have cash in the bank and fully covered on the Holmwood drill.

Again if the committee goes against us expect immediate news that we will be re-submitting for the next planning committee date in November only 4 weeks away and again the share price will spike as we approach that date.

So buy this morning at 7p and run the risk of losing 1p only to be fairly certain of recovering to that level on results and the following months planning committee meeting or wait and run the risk of having to pay 10p for a share that is likely to double to 20p and beyond as the Holmwood drill starts turning.

Me? I am a long term holder and think I am safe in the knowledge that Holmwood will drill sooner or later regardless of planning committees as well as being very interested in our Irish prospects. (news today from PVR of continued interest from Total in the Porcupine) My shares are not for sale for less than 25p each and I am confident of achieving that in the medium term.