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

[adnatrob] 12/12/2024 08:01

Fantastic news. Shareholder value is now a top priority.

[currypasty] 03/12/2024 17:08

thanks christy, i thought it was substntial

that is bonkers when our mcap is only £9m

ps, ive put your post in the header in case people want to listen to the presentation

[christy41] 03/12/2024 16:50

Back costs for Ireland 2.8 million,from around 48.26 mins on the Q&A.

[guesswhosback2] 03/12/2024 15:12

I do wonder if they are trades from yesterday, which they may not have had. Now lowering the price to get the stock back?

[suetballs] 03/12/2024 14:47

I wonder who is selling today.
Suet

[guesswhosback2] 03/12/2024 11:14

And he predicted January as the planning approval.

[xongkudu] 03/12/2024 10:44

I was also delighted to hear the chief operating officer saying yesterday how well Wressle is currently doing. I think he said it had been consistently exceeding production estimates which is consistent with Union Jacks production data. Remember this could dramatically increase further with the planned expansion.

[suetballs] 02/12/2024 16:42

Now that an equity raise is off the agenda I feel more relaxed here.
Ok I'm not a fan of the high payroll costs but having to work with the capital you have should promote enhanced discipline.
RBL (which I had to look up the meaning) was mentioned on lse which to me seems a sensible way forward.
Suet

[currypasty] 02/12/2024 15:14

in the presentation Will was saying if they get a JV, they would be looking for back costs.. did he say £3.5 mil?

[guesswhosback2] 02/12/2024 15:11

Starting to move up now. Needs a good article in the paper to set this alight.

[xongkudu] 02/12/2024 14:46

Yes. The standard confidentiality clause will have a sub-clause saying access to the data room precludes a party using information from the data room to make bid for the company. In reality however such a clause would be extremely difficult to enforce. If a party makes a bid who would sue? The shareholders would have the ultimate decision on whether to accept a bid or not.

[currypasty] 02/12/2024 14:13

must be a possibility...
I can understand an agreement being in place that if you have been in the data room and seen the goodies, you wont try a hostile bid... nothing to stop an agreed bid though.. directors would do well as they have a shed load of options

[suetballs] 02/12/2024 12:57

Interesting how Will dodged the buy-out question.
However it must be a possibility.
Suet

[currypasty] 02/12/2024 12:52

will stated NOT looking for cash raise by placing

are looking for back costs on a JV, and project finance if wressle progresses

[christy41] 02/12/2024 12:46

It’s a poster on the LSE board,sold out awhile ago and bought back in after hearing Irish election results.(izstar)

[tommy241] 02/12/2024 12:43

Largest buy for sometime

[currypasty] 02/12/2024 12:30

2 million BUY just shown

[currypasty] 02/12/2024 12:17

presentation on now

[xongkudu] 02/12/2024 10:23

Yes. It would be good to get a similar statement regarding our licenses. Perhaps having someone ‘lined up’ would be too much to ask but having someone thinking of forming a line would be nice.

[xongkudu] 02/12/2024 09:57

With the Greens out of the equation it’s odds on a new coalition will allow existing energy licences to progress which in turn should hopefully attract one or two majors or mid-tiers back into Ireland.

Let’s hope we hear a bit more on this at the presentation. We already know the board have been lobbying politicians like mad so this doesn’t need to be repeated today but the bigger question now is, are there any companies posed to strike now it seems we have a new political environment.

I’ll also be hoping Will is energised and enthusiastic today particularly in relation to the ongoing EG farm-out. I appreciate he can’t say much on this for confidential reasons but this doesn’t mean he can’t give us an honest overview of how it’s generally going.

It’s getting close to ‘sh1t or get off the pot time’

[currypasty] 02/12/2024 08:39

It looks like Fine Gael and Fianna Fáil will be forming the new government, possibly with a coalition with another minor party. it wont be greens, as they were wiped out.

Perhaps the Greens devestating performance will show the other parties that the voting public dont want their policies?

[currypasty] 02/12/2024 08:32

Ive submitted my questions, i dont think they will like them though

[suetballs] 01/12/2024 12:49

Interesting times here.
Looking forward to the Q&A tomorrow.
I don't suppose the Chairman will make an appearance.
Suet