Wentworth Share Discussion Threads

[juuunx2] 19/10/2015 13:44

Must be some good news coming soon after all the gas is flowing. Anyone got thoughts on where this share price will be this time next year?

[koolio] 13/10/2015 19:52

Getting some attention
hxxp://www.stocktube.com/video/finncap-oil-analyst-youngson-sees-higher-crude-prices-next-year

[liquid millionaire] 02/9/2015 10:10

edgar222 2 Sep'15 - 09:47 - 53658 of 53658 1 0

Not had time to read the Wentworth presentation slowly, just skimmed.

But they seem very bullish about demand for gas (not surprised) and also the state of readiness of the rest of the infrastructure and new power plants.

PS. If Lasthrow's honeymoon pushes AEX to 32p I will take you all away on holiday myself !

[liquid millionaire] 21/8/2015 14:05

nehpets81 21 Aug'15 - 13:31 - 339 of 339 1 0

Well this is the news I was waiting for - I was a little concerned that further delays in the delivery of gas to the pipeline would put a squeeze on finances given the slightly tights spot that they were in.

As mentioned above, I guess the main problem would be delay of payments from TPDC given their patchy past despite the "agreed payment security terms" that were mentioned.

[nehpets81] 21/8/2015 13:31

Well this is the news I was waiting for - I was a little concerned that further delays in the delivery of gas to the pipeline would put a squeeze on finances given the slightly tights spot that they were in.

As mentioned above, I guess the main problem would be delay of payments from TPDC given their patchy past despite the "agreed payment security terms" that were mentioned.

[liquid millionaire] 21/8/2015 13:30

oregano 21 Aug'15 - 09:51 - 338 of 338 1 0

It is a bit out of date, but forecast for '16 were for production of 130mcfd, generating 14c of EPS. that sounds more like a '17 probability now, but shows this is on 4x EPS for peak production, if that is the peak.

I guess the only remaining step to prove this up is evidence they are going to get paid.

[oregano] 21/8/2015 09:51

It is a bit out of date, but forecast for '16 were for production of 130mcfd, generating 14c of EPS. that sounds more like a '17 probability now, but shows this is on 4x EPS for peak production, if that is the peak.

I guess the only remaining step to prove this up is evidence they are going to get paid.

[888icb] 13/8/2015 07:28

RNS out. Second Quarter financials and management analysis.

[888icb] 02/7/2015 09:58

Small tick up this morning following yesterdays RNS confirming that the private placement had been completed and the new shares issued and listed.

[888icb] 28/6/2015 11:04

Wentworth have raised an additional £5 million at no discount to the current share price. A sound and positive move. They are confident gas will flow into the pipeline in Q3.

[oregano] 23/6/2015 17:09

which is pretty much the same as all their old ones, aside from the update of the new well. Good they publish these though, many don't.

Key is these guys getting paid for their gas. Once that happens, this will start to move.

[888icb] 23/6/2015 10:21

RNS New corporate presentation available.

[888icb] 22/6/2015 10:46

The rise continues this morning.

[888icb] 17/6/2015 08:59

Wentworth at number 7 on the riser board up 9%

[888icb] 17/6/2015 07:23

RNS excellent drilling results announced this morning.

[codhead1] 19/5/2015 19:35

Not surprised at share price action today when they announce although they had a GSA signed last year they failed to mention that did not come with payment guarantees. Something AEX have been waiting for before announcing to the market. Yes not far away now and all falling into place but should have been pointed out to the market at the signing.