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

[tommy241] 10/6/2020 13:43

Luchan, you could be right in relation to Morocco, from EOG's interim's in April:

"The farm-out campaign will be formally launched in Q3 2020 although it is worth noting that the Company has already received unsolicited interest from three companies which are being followed up."

[luchan007] 10/6/2020 13:18

Chaps,

I suspect it is a case of, if you need the cash now you need the cash now. There are many folks struggling and even if you are higher up the food chain your income may have vanished overnight.

Hold here until October and you should get x 5 from where we are now.IMHO.

Much of the talk on Wressle, but there is a good chance of a significant share price boost from a RNS for farm outs for either Ireland or Morocco (or both) before Wressle production starts which is a probable mid October.

Luchan

[suetballs] 10/6/2020 12:23

Must be desperate for cash or a better opportunity elsewhere.
Suet

[christy41] 10/6/2020 12:03

Quite a loss to take...and still another 12 million or so to off load if he fully exits.
As you say CP seems strange timing.

[currypasty] 10/6/2020 11:38

David & Monique Newlands

4.88% now under 3%


last lot they bought was dec 2018 around 3p.. seems odd to sell now at a around 1p

[currypasty] 10/6/2020 11:29

just pay the market price, and stop arsing about

[guesswhosback2] 10/6/2020 10:34

and Large full fat coke. It will be on level 2 Curry. Looks like they are moving down to fill it too.

[luchan007] 10/6/2020 10:19

2 x Pepperoni 14", fries, nuggets & doughnuts?

Luchan.

[guesswhosback2] 10/6/2020 10:09

I have a large order in :-)

[currypasty] 10/6/2020 10:03

seller still about, dumping 250k batches regularly

seems odd so close to Wressle production

[tommy241] 10/6/2020 08:42

Volume much higher at the moment, one million traded this morning already

[luchan007] 09/6/2020 16:28

People,

the Shakira effect seems to be upon us, so to speak!

Luchan.

nb. reading the Interim Presentation the farm out partner for Morocco is due to be announced Q3 2020 which is not far off now.

[currypasty] 09/6/2020 12:53

The 1.2 ask is now 1.4, but there is still little stock to buy and spread is huge

[luchan007] 09/6/2020 11:16

Chaps,

not held here for six years, can't believe Wressle is only just on the horizon now as getting the stuff out of the ground. We might see profits from people cashing in elsewhere dipping in here. All aboard the EOG!!

Luchan.

[christy41] 09/6/2020 11:03

Its been that way for awhile..plus the extra large spread to discourage any interest if any at the time.

[currypasty] 09/6/2020 10:19

the 1.2p ASK price is false, there are no shares to buy.. do a dummy trade and see for yourself

[christy41] 09/6/2020 08:56

Cheers Tommy,much appreciated....

[tommy241] 09/6/2020 08:54

Luchan, Welcome :) please see the broker notes released this morning

[dunderheed] 09/6/2020 08:39

It's a shame Brent isn't $50 a barrel then isn't it?!

[tommy241] 09/6/2020 08:36

“the current share price is entirely underpinned by Europa’s UK producing assets alone at $50 Brent and has nothing in it for Wressle, let alone Inishkea.”

[currypasty] 09/6/2020 08:34

thanks tommy

[luchan007] 08/6/2020 10:30

Wressle production starting October from you tube interview. UK Oil market cap way above EOG £18m. $50 a barrel will see turnover here at £3.3m with profit somewhere between £800k and £1m,

Add in Ireland and Morocco exploration and upside at Wressle should see a Mkt Cap £30+m.

Or have I missed something.

Luchan.

[tommy241] 08/6/2020 09:37

Bramhill talking about Wressle