Iog Share Discussion Threads

[genierub] 06/2/2023 09:33

Im loading hard in VAST. Look what just happened.

[stockhunters] 06/2/2023 09:31

very unfortunate

[robizm] 06/2/2023 09:21

Puphead gas price highs exceeded £4 a therm especially from July to September which they will not get this year. Average is over 365 days and includes highs and lows

[amelio] 06/2/2023 09:16

With operating costs a very small fraction of p/therm.

[tomboyb] 06/2/2023 09:16

climbing -

[puphead] 06/2/2023 09:13

Wrong! Average realised gas price over 2022 was 203.5 p/therm, including short-term price fixes

[robizm] 06/2/2023 09:10

Even if Blythe well works and they double production or even treble it priority will be paying back the bond in 2024.

They need to let someone else use the pipeline by connecting up to a shut in field as they are not competent operators. Last year’s revenue included gas prices of £4 even £5 a therm so even increased production will be needed just to stand still on lower gas prices.

[volsung] 06/2/2023 08:55

Is that a seal pup he’s hitting on the head?

[amelio] 06/2/2023 08:49

You hit the pup on the head. This is a producer with contracted pricing and revenue flowing for years to come. Plenty of cash and opportunities to turn this round.In the immediate term this looks cheap and will make a small recovery from here imv settling end of day at around 6p

[firestorm911] 06/2/2023 08:49

You are buying a fifty squids note for a fiver here.

Enjoy F911's famous giveaway, you all got an excellent Groupon deal, morning mm clean-cut.

Regards,
F911

[puphead] 06/2/2023 08:45

Not necessarily, 309p/therm price fix for Janualy also note last year revenue only for 10 months as the've been producing since last March so yes £80mil for full year seems valid.

[babbler] 06/2/2023 08:43

Someone bought 7m shares...353k

[amelio] 06/2/2023 08:43

Intra-day turn on the table at this level with a 20% swing from here.

[ashkv] 06/2/2023 08:36

Enterprise Value (Jan 2023 Corporate Update RNS): $129,639,972

EV = Market Cap + Debt - Cash is the way to value a firm.

Including GBP 100mn of debt more than fairly priced... IOG likely to default in 2024 given current situation....

[ashkv] 06/2/2023 08:35

Evil personified....

firestorm911
6 Feb '23 - 08:34 - 3536 of 3537
0 0 0
Took 230K in all for some fun.

All bad news out.

Regards,
F911

[amelio] 06/2/2023 08:35

Market Capital looking on the low side. People forgetting how much profit this business made last year.

[firestorm911] 06/2/2023 08:34

Took 230K in all for some fun. Lucky escape 2 Thursday ago.

All bad news is out.

Regards,
F911

[ashkv] 06/2/2023 08:33

Brent: $80.50
British Gas Prices (Next Month): £148
IOG Share Price: 5.1
Shares Outstanding: 523,855,758
GBPUSD: 1.2
EURGBP: 0.9
EURUSD: 1.08
MarketCap GBP: £26,716,644
MarketCap USD: $32,059,972
Cash - GBP (Jan 2023 Corporate Update RNS): £32,400,000
Cash - USD (Jan 2023 Corporate Update RNS) $38,880,000
Debt (GBP): £97,580,000
Debt (USD): $117,096,000
Net Debt (GBP) Per Jan 2023 Corporate Update: £65,180,000
Net Debt (USD) Per Jan 2023 Corporate Update: $78,216,000
Enterprise Value (Jan 2023 Corporate Update RNS): $129,639,972
2022 Actual Average Production: 5,206
2023 Production To Date (25 Jan 23 RNS): 3,515
Guidance for 2023: ???
Enterprise Value/Barrel 2022 Actual Average Production: $24,902
Enterprise Value/Barrel Current Production (23 Jan 23 RNS) : $36,882
Enterprise Value/Barrel Mid-Point 2023 Guidance: #VALUE!
Decommissioning Expenses (GBP): £16,600,000

IOG LIABILITIES
− €100m Senior Secured Bond Maturity 19 Sep 2024: £90,000,000
− LOG Subordinated Convertible Loan: £9,300,000
− Decommissioning provision: £16.6m
Total Liabilities £99,300,000

[amelio] 06/2/2023 08:30

Settled here. Back in for a bounce.

[daar] 06/2/2023 08:29

5p and below = few percent

[puphead] 06/2/2023 08:28

Well, huge volume as expected so LO hopefully out or soon out. With £25mil mcap pumping £80mil cash a year this must be cheap

[daar] 06/2/2023 08:24

20m plus volume in 1st 20 minutes :)