Well , that's what most AIM companies are about. Be nice to have a directorship with one near a golf course. |
Also ran for years with 3 directors drawing huge salaries in a company that has never made any money
= Lifestyle |
In delta we no longer trust
Largest NS find in decades in Pensacola this outfit didn’t only end up giving away the license for nothing but then ended up paying the bloody drilling costs
You really couldn’t make up this level of incompetence |
Does anyone know why this has dropped 14 percent.There are 85% buys to sells.I can't work this out. |
Not many outfits crash like delta when they strike the pay zone
In delta we no longer trust |
Shaking the tree. Impatient leaving, capitulating. I fancy we'll hear this month further detail on the geology analysis of the drill and plans moving forward. |
Bri where are you?
Have you sold out? |
Old bri you will learn 😂😂 |
Ohisay,Fair comment. I still hold, its a tragedy - delivered 2/2 discoveries. Good explorers but rubbish on the corporate/shareholder value side of things. I still can't believe in all that time they could not get the funding together for Pensacola appraisal thus forfeighting their interest and picking up residual costs (ouch).At this price, with most of matketvalue decimated over the last 12months, similar to SEA, all it will take is confirmation of exit from NS and new assets abroad to bring some life back to this.Let's be honest, any UK oil co that wants a future, needs to get out of the UKCS. Makes no sense to invest here anymore. Better returns elsewhere.Cash |
Ask up to 6.90 now, investors know a bargain when they see one. |
crazy valuation for what we have even though the north sea is not the best fiscal environment |
I can't agree with that Cash.
We are both in Seascape which for a small company has some fantastic expertise and still materially underappreciated prospects .
But these guys are nowhere near.
15 years ago maybe ..not now .
Not for small oil cos with no special sauce. |
Ohisay,The strategy is about to change here and I think if they can agree a reasonable price for what they have, then it gives them a graceful exit to go exploring/producing in other regions.Cash |
She'll will drill for more Gas now so more opportunity for Delt to profit from this,I reckon we only just getting started. |
Saint in exile..
Ohisay it's maybe smaller but it's cheaper and easier to extract.?
Yes I agree with that.
But you have to remember that Delt's internal cut off for Commerciality was 100bcf gross.So they just got it over the line.
I think its still undervalued cf current share price but not by much.
I should say I was happy to take 7.7p for my shares this morning .
Amazing you could buy these for 4.5p after Snellers exit .
Was he so keen to crystallize his tax losses .?? |
It's a Gas discovery fools,many coming DELTS way now,we will soon be a Gas producer! |
6.8 paid, derampers not winning. |
Flat by COplay I reckon. |
6.5 offered now, only up this is going, market realisation of how under priced this is kicking in. |
Plenty jumping in now Jane so think you are wrong, sorry I know you are wrong. |
Bri
You are joking right? |
Rise back up has started. |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
