Iog Share Discussion Threads

[tomboyb] 18/1/2023 10:25

Taken a few more below 8p -

Good luck -

[zen12] 18/1/2023 10:23

You go round deramping every stock that is falling lol...get a life fella!

[aimmafia] 18/1/2023 10:19

6p I'm a buyer. Lots of value here

[tomboyb] 18/1/2023 10:19

7.9p on ask -

[wskill] 18/1/2023 10:11

ROBIZM its one well that may or may not be a failure they had £36m for drilling other wells ,its not the end of the world hopefully they will finish A1 now then get it tested lots to play for at this price lots more wells to go for not only Southwark.
I am sure the cash held will be above £36m now with the production hedged at £3 per therm for December and January ok it was only 30k therms hedged around 14% of production.

[amelio] 18/1/2023 10:10

Whoever is holding this overnight will regret it in the morning. It's only going to fall further. Sit back and wait a few sessions for the bottom to curve.

[ridingthewaves1] 18/1/2023 10:06

Lombard have 64m to dump

[zen12] 18/1/2023 10:01

'IF' isnt that the significant word used by derampers lol...this could apply to every single share on the markets. You should know this before investing!

[zen12] 18/1/2023 09:59

Yep from charts it always bounces back up, must have some big investors..

[robizm] 18/1/2023 09:55

Wskill then only receive 40% of Blythe production. Even if they sort the water out at Southwark it is the amount of gas being produced that is the problem. They also have a €100 million euro bond. Southwark could be a complete write off and 2nd well on Blythe just to pay down debt. Where is the growth to invest in other fields. If Southwark is uncommercial what price will it fall to?

[dunderheed] 18/1/2023 09:53

I've got to admit this is a relatively good "bet" now - but that is all it is a bet based on luck, IMHO.
You just can't rely on IOG information dissemination or G&G - they've got a lot wrong to date - but maybe just maybe they will get some luck moving forwards?

[zen12] 18/1/2023 09:51

MMs well played..Flushed out day traders with their 10%!

[tomboyb] 18/1/2023 09:46

Looking better -

8.10p -

[wskill] 18/1/2023 09:41

Production is 22mmscf/d from blyth even at £1.36 per therm is £9 million per month much more than todays market cap of £44 million ,I see value here anyway this will keep the lights on at the very least and allow more wells to be drilled.

[tomboyb] 18/1/2023 09:25

Well I'm down already - lol -

should bounce to 10p+ -

[sbb1x] 18/1/2023 09:22

Last time this fell to 7s... it went back to 19s

[sludgesurfer] 18/1/2023 09:17

In a previous life I used to run PLT logs and close completion sleeves on coil for water shut off purposes. This was in older wells (mostly in the Danish sector). Pretty routine stuff. In an older well, it's pretty normal as zones water out. With the gear onboard, to aquire the data, interpret it and shut the zone was only a few days work. In this well of course, the big question is how many zones they'll have to shut off and how much gas they'll lose by doing so. The market reaction has been rightly savage. When you add this onto a similar scenario at Saturn banks, it points to a lack of geological understanding or at least poor risk management.Still, I see value at this price for the brave.

[wisteria2] 18/1/2023 09:09

Grabbed a clip. isolate the water and see what production is then.

[amelio] 18/1/2023 09:04

Recoup losses in Delt - that chart is primed with large buy orders being filled yesterday and today.

[tomboyb] 18/1/2023 09:02

In for a trade -