"Iraq was an old feud dating back at least a decade" .. Ohh that's ok then I guess ! |
A few posts on X from AET and now oil potentially heading into the $60s you would think it's a good time to try and get another deal done. Commercial terms should be better sub $70 oil |
Iraq was an old feud dating back at least a decade, against a despot. A bit too simplistic to blame all subsequent deaths on Bush et al. Just as there is no known oil in Afghanistan.
None of which lessens what is happening in Russia. |
A remarkable youtube piece which I haven't seen before; thanks MT for posting the link.
It makes one wonder about the death of Edmund Safra as so many people who have spoken out about the Russian system or have benefited from it, have been eliminated. I believe Browder still has a strong security team around him. |
I wouldn't call Shock and Awe operation in Iraq looking for non existent weapons of mass destruction simply "interfering" ... of course there is Oil in Iraq (Cynical tone)
11 Oct 2006 — The death toll among Iraqis as a result of the US-led invasion has now reached an estimated 655,000
Russia / States .... I would not trust any of them with a barge pole |
Precisely, MT. The US simply interferes in other countries whereas Putin does so at home, too. I can't think of a single redeeming feature. The West was very naïve to think a former cold war KGB operative would be anything other than trouble. One wonders if there is anyone in Russia with the balls, the power or the opportunity to rid us all of this demented sociopath. |
Mount teide america are the worst murderous thugs . |
Mount teide america are the worst murderous thugs . |
tim000 - only way to 'negotiate' with rogue regimes is to dictate to the leadership from a position of strength......as its the only language murderous thugs like Putin listen to and understand.
Trump Threatened To Kill Taliban Leader To His Face |
Can you imagine the cretin negotiating with China, Russia, Iran or N Korea? Her ego and narcism must be enormous to put her self-worship above the interests of the western world. |
 Following completion of the Azule working interest in Blocks 3/05 and 3/05A, the Executive Management conditionally granted themselves share options and, the Non Exec Directors new ordinary shares at a 57.4p exercise price.
These share options and ordinary shares are currently trading 16% below the price when they were awarded and announced to the market.
I believe AET continues to offer a highly compelling investment case for the reasons I've been articulating since early last year and particularly following closure of the Azure deal, and so, consider the conditional awards to have added further weight to the current investment case - as the astute Management will have a far better understanding of current fair value and, the high impact upside potential of the H2/2024/25 organic growth plan announced to the market in early summer, together with further M&A activity, previously guided for announcement before the end of the year.
AIMHO/DYOR
15th Jul 2024 - Grant of Non-Executive Director Share Options, and Executive Director - Long Term Incentives Plan (LTIP) Award
'Afentra plc ('Afentra' or the 'Company') (AIM: AET), the upstream oil and gas company focused on acquiring production and development assets in Africa, has conditionally granted, under the Executive Directors Long-Term Incentive Scheme, new ordinary shares in the Company in the form of nil-cost share options and has granted options over new ordinary shares to its Non-Executive Directors at an exercise price of 57.40 pence per Ordinary Shares.' |
janejemAfentra get on and actually do things.We've no idea what Tende do as they never update us.Bleemster reckons it's a 'fact' that AET/etu/Tende all getting together as one enlarged group, without presenting a shred of evidence.Love it to be true but the Tende bb come up with more theories than Einstein, none of which ever turn out to be true but help pass the time & fill the news vacuum. |
There's been a whole load of unnecessary speculation on this thread (beemster) concerning a tie-up between AET and Tende which, without any substantive RNS proof, is nonsense. Can we move on now please. |
Is this the new Tende investor’s page? It’s busier here than the other. Astral vision is this thread more significant than the other? Hope so because reading the other has been so booooring. |
All I searched for come up in the first few results in google, you of all people Astra (another Tende investor) have seen allllll the posts that have been posted in our forums. And even seen the conversations had by many of the other members about this and many links that have been shared around. I'm not going to do all the homework for you LoL. Come on now. But why are you here in Themis forum for? |
bleemsterThe link you give shows Tende/Etu going for 18/31 & 27.It also gives AET going for 3/05, 3/05A & 23.The only link is AET and Tende are both going for Angolan assets.I would absolutely love it if Tende were bought out/listed or whatever, anything that gave us value and an exit.But, unless you have some insider knowledge, there is absolutely nothing in that link that suggests AET/Etu/Tende are about to formally get together.It's like saying two unrelated companies going for, say, North Sea oil must be getting together as they have the North Sea in common.The only thing AET & Tende have in common is Angola, unless you know something different. |
Here is one link of many showing a link on us both going for the same field, from a very simple google search. 3rd link in google. There are many showing us both being named together or in the same deals. https://msgbcoilgasandpower.com/ma-deals-that-will-drive-angolas-future-energy-production/ |
Enlarged group sounds good. |
'bleemster - 'Afentra are waiting for their cash position to improve to then farm into tendes assets and sungaras Angola asset win, with a view to list as an enlarged group that also includes etu energias'
Edu Energie(formerly Sumoil) is Angola's largest oil & gas independent....a fully integrated Upstream, Downstream and Renewable Energy company .....which has been in Angola since 2000 and, at this stage of its development is a considerably larger company than Afentra.
Since Afentra is still in the early stages of executing it's well defined growth strategy to acquire attractively priced second phase, high quality mid/late life assets in O&G basins where Oil Majors and NOC's are divesting, its very difficult to see a natural 'enlarged group' fit between Afentra and Edu Energie.
However, if Afentra could strike the right deal to acquire a chunk of both Edu Energie's and Tende's participating interests in Block 18 and 31 to deliver further early additional high quality production - against a potential wait of circa 2 years were Afentra to directly approach Sonangol, the privatising NOC, to acquire an interest, then if the price was right such a scenario may well prove of interest to Afentra's management.
If it were me, I'd seriously consider making an offer for a decent chunk of Edu Energie's and Tende's participating interest and approach Sonangol for a chunk of their 45% too - as like Block 3/05, the producing blocks look very high quality.
Without wishing to be disrespectful to Tende's long suffering shareholders, i think there is more chance of Dianne Abbott and David Lammy winning a three legged school sports day race against Olympic athletes than Afentra becoming part of an enlarged group comprising Edu Energia and Tende Energy.
AIMHO/DYOR
Interesting to note that Edu Energia and Tende Energy acquisition of participating interests in Block 18 and 31 is currently 2 years 5 months post announcement of the deal and still yet to complete - while Afentra's completion of the three participating interests in Block 3/05 and 3/05A were all achieved between 6 and 12 months earlier, and included accommodating a major re-negotiation of one of the deals. |
BleesterYou must have a link to this public information . So is publicly available , like to share it ? |
Afentra are waiting for their cash position to improve to then farm into tendes assets and sungaras Angola asset win, with a view to list as an enlarged group that also includes etu energias |
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