Iog Share Discussion Threads

[bountyhunter] 14/1/2023 09:13

On Malcy's 2023 bucket list, for what it's worth.
Maybe a good choice since as we have been saying if things go well for a change this could multibag from here, maybe by 1 or 2.

"IOG got underway at the Phase 1 Saturn Banks development but were affected by a number of operational problems which are being addressed. For the longer term it, and other portfolio attractions should mean that the company has much to develop in the next few years."

[bountyhunter] 13/1/2023 15:34

getting a bit late for today but looking good for Monday :)

[wisteria2] 13/1/2023 15:03

looking perky! news incoming if not today next week.

[tidy 2] 13/1/2023 15:01

What is the broker target again and was that with gas prices at 41p ?

[dunderheed] 13/1/2023 14:58

I think realistically could get into early 30's?
Anyway looks like a bit of "excitement" developing now?

[bountyhunter] 13/1/2023 12:57

Sounds good on paper, if the new management can deliver this could multibag back to where it was ;)

[tidy 2] 13/1/2023 12:05

Southwark ConcoPhilipsToday 12:11Discovered in year 2000 by ConocoPhillips 94.2 bcf The pipelines from Blythe and Southwark platforms are tied into the reused Thames to Bacton 24-inch pipeline (PL370), renamed the Saturn Banks Pipeline System.[4]In addition to the offshore development the Saturn Banks reception facilities at Bacton gas terminal were installed.[6]Later phases of the Saturn Banks Project will include the Nailsworth, Elland and Goddard gas fields. Nailsworth is projected to be produced through the Southwark platform.[6]

[dunderheed] 13/1/2023 11:18

It's on lse bh.
I think news of flaring came about from the 8th.? Fewbug buys from then onwards?
IMHO, dyor.

[bountyhunter] 13/1/2023 11:02

Apart from in December of course, hopefully no further delay.
But looking at the price action maybe a leak, in the good sense!
Ash do you have a link to that?
Tn ignored.

[robizm] 13/1/2023 10:18

Company said Mid January for first gas and has not said it will be delayed.

[ashkv] 13/1/2023 10:14

Wow - some dude posts some garbled random pic without an accompanying link and all this buying frenzy... be cautious!!!

[wskill] 13/1/2023 10:10

I see the cat is out of the bag now sometimes it takes a little while for them to catch on if it’s flaring there is gas.

[therealdeal25] 13/1/2023 09:08

Bountyhunter PMA come on the past is the past, I never understand why people live in the past, look to the future, you can’t judge current management by the old management, give them a chance!

[bountyhunter] 13/1/2023 08:19

Yes I agree Southwark is not in the price (due to past events) so yes if all goes well we should see a significant rerating here, hopefully it will.

[wskill] 12/1/2023 15:57

Bounty for our £77m market capitalisation there is little valuation for Southwark in the price,I believe we will be pleasantly surprised by the upcoming news next week it will be a refreshing change to see IOG in the blue .
I am sure there would be some well intervention vessel around Southwark if all was not going to plan.

[bountyhunter] 12/1/2023 15:08

Tea leaves not seeming to look good here for Southwark onstream mid-Jan - hope there's no further problem as I'm well underwater with this one now!

[therealdeal25] 12/1/2023 12:14

Johnson smith gone just like that, wonder if that will work with the other Trolls on other boards ?

[therealdeal25] 12/1/2023 08:36

Johnson smith go away will ya? Ffs !
Sound desperate !

[bountyhunter] 11/1/2023 19:04

That doesn't mean anything with IOG, could go either way, not a bad risk/reward punt at this price though. I wouldn't be surprised to see another delay to be honest but hopefully not, as long as there's no serious issue late January would still be ok as I'm expecting mid-January to be stretched out to next week in any case.

[therealdeal25] 11/1/2023 18:55

Just follow the trades, and more buys than sells right now, these are the tell tale signs, also late reported trades!

[bountyhunter] 11/1/2023 16:34

Yes mid January so that's this week or next, good or bad, hopefully it will be good news this time as that's what we are all bargaining on!

[therealdeal25] 11/1/2023 16:14

Robz exactly, this management team do NOT want to follow in the steps of the last one, common sense says get it all up and running, get the Gas flowing, have all info ready to release and Boooom look at IGAS today, IOG should follow suit once positive news is released, more gas flow than they had previously, work done ahead of schedule which was taken advantage of while we had the last problems, so no shut down for that now! I happy and waiting, I’m grateful for these prices!