Orcadian Energy Share Discussion Threads

[value viper] 19/2/2024 08:46

Think a £7 million market value for this must be wrong but wtfdik

[peterlowen] 01/2/2024 06:34

33rd round potential awards:- Orcadian

[tomboyb] 11/12/2023 12:21

you said you were shorting this? -

which provider allowed you to short -

lol -

[firestarter1] 08/12/2023 09:09

Placing at 8p

[firestarter1] 07/12/2023 11:48

Opened again they are doing a placing

[firestarter1] 07/12/2023 11:38

Closed now

[tomboyb] 07/12/2023 11:23

Lol -

Still lying firestarter -

[rash110] 30/10/2023 14:30

Anyone know any news on the 33rd license, that came out today? And how it relates to this company?

[ch4p_85] 27/10/2023 11:21

It's already happening. It's just taking a breather. It will swing up again.

[rash110] 26/10/2023 13:04

When do you guys think a re rate in share price would happen?

[maverick247] 25/10/2023 14:24

https://spongeshare.com/2023/10/25/orcadian-secures-two-year-pilot-license-extension/

[ch4p_85] 25/10/2023 07:01

Sit back and watch the fireworks today

[maverick247] 25/10/2023 06:26

Excellent news today !

[tomboyb] 23/10/2023 08:26

RNS Reach

23 October 2023

Orcadian Energy plc

("Orcadian Energy", "Orcadian" or the "Company")



Lock-in agreement



Orcadian is pleased to announce that a six-month lock-in agreement has been signed in respect of 7,049,695 ordinary shares held in the Company by former director of the Company, Greg Harding and his wife, Nora Harding (representing 9.35% of the issued share capital of the Company) (the "Harding Holding").



The agreement provides that Greg and Nora Harding will not dispose of the Harding Holding for the six month period from 23 October 2023, save in certain limited circumstances.



This lock-in was required by a third party who have agreed to acquire the balance of 456,546 Ordinary Shares ("Initial Holding") held by Greg and Nora Harding, pursuant to the terms of an off-market transaction between them. The agreement also provides that if the Orcadian share price exceeds certain price parameters during the lock-in period, the third party will pay a further amount per Ordinary Share for the Initial Holding.



Steve Brown, Orcadian's CEO, said:



"We are pleased that this agreement has been signed. We believe it demonstrates the belief shown in the work we are doing to progress the Pilot project, and the potentially significant value of our licences. We are working hard to promote the Company and have recently welcomed new investors to the Company.



"We look forward to providing updates on the proposed farm-in to the Pilot Project and to the outcome of our applications in the 33rd Offshore Licensing Round."

[tomboyb] 23/10/2023 08:03

Oil and Gas plays will be having afield day like UPL -

Lock in agreement for 6 months -

sp could be much higher depending on interest -

[ch4p_85] 23/10/2023 07:48

Tbh this share is a complete no brainer. This will have a low risk £100m Mcap mid term. High risk £300m. So much upside.

[ch4p_85] 23/10/2023 07:46

Yep getting primed for the push to 30p

[tomboyb] 23/10/2023 07:26

Moving up -

[ch4p_85] 18/10/2023 10:56

Getting bullish again

[firestarter1] 09/10/2023 15:19

Placing 15p

[swanvesta] 09/10/2023 11:49

Well, having a deal agreed but not fully sealed is some way further on from where they were last year with share price at 30-40p. Admittedly we have had a sizeable windfall tax increase since, but also a recent u turn in govt policy, which seems to have contributed a fair bit of excitement to the impending 33rd licensing round results.

But maybe I've been influenced too much by the enthusiasm of this guy :-)

[rash110] 09/10/2023 11:08

Hi Guys do you think the contract with pilot deal field not fully sealed is already priced in with this share price?

Also how long do you think a completed contract would take in rough estimations?

I know people are saying 30p-40p short term what about medium saying around January time