Orcadian Energy Share Discussion Threads

[sparkglobal] 28/10/2021 13:03

If they can get financing from FPSO supplier through a profit sharing agreement then there’s a significantly less to finance for the whole project. With 3 potential offers for an FPSO, putting such an agreement in place should be within reach. The remaining finance could easily be announced soon when another operator takes an interest which is the final piece of the puzzle.

[value viper] 28/10/2021 09:13

That's good news of courseBut the delay / time they say will now take - ain't gonna help price for a while - have a hunch this will indeed be a patience rewarded situation

[albo] 14/10/2021 17:29

What's with these big trades going throug late in the day? Two 200,000 at 44p!!!!

[albo] 13/10/2021 17:44

Some BIG afterhours trades gone through again...... Someone must like this a lot!!!!

[chrisa1] 13/10/2021 14:57

The lack of liquidity, in terms of stock, will inevitably be positive for the share price imo

[value viper] 13/10/2021 14:45

Ridiculous spread obviously Notwithstanding the genuine capital growth potential here, how big an issue is the liquidity ?As much as it's great to have a BOD owning lots of stock etc

[chrisa1] 12/10/2021 11:14

it won't take too much buying volume to move these up imo!

[albo] 11/10/2021 17:13

I see these guys got a mention on Malcy's blog today!!!

[chrisa1] 07/10/2021 10:24

More buys; Where will they get the stock from?

[chrisa1] 06/10/2021 18:11

Well spotted, Nice!

[albo] 06/10/2021 18:06

A couple of big buys went through after hours today. Didn't appear in the "volume" box for the day but showing as two trades. Over £200k!!!!

[anley] 30/9/2021 13:25

In these markets it will be difficult for ORCA to raise serious capital to develop there project. How long this funding freeze will last is anyone's guess but lets look at this project again after COP26 has finished - mid November.

30 days 23 hours and 17 minutes to COP26.

[chrisa1] 09/9/2021 15:02

m/cap circa £25m!!! ???

[chrisa1] 09/9/2021 14:58

they have basically said that they are not looking for fundraising / dilution , but partners to invest with them.
between them (all the directors / management), they have a wealth of experience and a huge amount of contacts within the oil industry.
Once the first well is producing, there are plenty of carrots to dangle, as well as cash generated.
I expect they will be busy looking for partners in an industry where the providers of equipment and skilled labour, have been hard pressed to find new leads over the last few years of low oil prices and little investment.
It will also be attractive as it is planned to be carbon attractive.

[anley] 09/9/2021 14:00

At long last there is not only share activity but a good presentation from the company.

The way forward is to find the big capital required to get the stuff out of the sea bed................solve this and the shares will take off.

[chrisa1] 08/9/2021 19:50

great presentation. 'significantly undervalued', 'management aligned with shareholders'.....they collectively hold about 50%!

[chrisa1] 08/9/2021 14:43

66% of shares not in public hands...this could move quickly