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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Savannah Energy Plc | SAVE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 26.25 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 26.25 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 06/10/2024 17:57 by affc21 Wrong company I'm afraid It's Savannah Resources doing the investor meet presentation Mix up easily done |
Posted at 06/10/2024 17:08 by fft Why would they do that without being re-listed ? Seems odd to me. Especially if they adopt the give as little info as possible approach.Potential investors can't invest until relisted and so seems more like a look at me event for AK, and that sort of thing has ended in tears before. |
Posted at 06/10/2024 16:01 by hopeful holder SAVE are to present on the investor meet company platform on the 11th October 2024.The presentation will be available afterwards on the platform as are previous presentations.The more diligent gp here will be able to compare what they said to what they did.The platform allows questions to be submitted but not all will be answered as I guess many will be sim and also plenty of questions being submitted.Thanks all.HH |
Posted at 18/9/2024 12:38 by zengas Savannah would be well aware of who their competitors are if any.As for WCAT. Might be laughable to some but look deeper Michael Kroupeev is an advisor to WCAT and i note he bought a very modest £50k investment over a year ago. He owns Waterford Investment. He turned Emerald Energy a serial under performer in Colombia oil by making a strategic investment and getting them involved in Syria which had similar discoveries across the border in Iraqi Kurdistan and not long before they had significant discoveries/producti 15-16 years ago I think he made £138m turning Emerald into a 25 or else 50 bagger from memory which was sold to Sinochem. (Emeralds Colombia assets were attacked/ burned down later). He didn't have the same luck however with Sterling Energy in Kurdistan which then lay stagnant for a number of years while Waterfordy exited and ex Tullow people and others turned it into Afentra. "The owner of Waterford, Mikhail Kroupeev will join WCAT as a strategic adviser to its Board of Directors and Waterford will also take a nominal equity stake in Wildcat*. The Waterford Group ("Waterford") was established in 1995 as an investment vehicle for Mr Michael Kroupeev. Waterford invests mainly in up-stream petroleum projects and since its inception, the fund has invested in over a dozen such projects, both public and private. In London, the company has invested in listed petroleum companies including Emerald Energy, Dana Petroleum, Anglo-Siberian, EuroSov Petroleum, Gulfsands Petroleum, Sterling Energy, Petroceltic and Sibir Energy. Wildcat will be able to draw upon Mr Kroupeev's extensive experience of managing listed oil companies as well as raising finance and negotiating significant petroleum sector deals. Wildcat will seek to leverage the extensive financial and petroleum network Mr Kroupeev has built up over the last 30 years, working with major investors, funds and major oil companies. Mandhir Singh, Chairman of Wildcat, commented: "The management of Wildcat is delighted to secure the backing of such a successful and experienced partner. The support provided by Waterford and Mr Kroupeev and their extensive networks will help to accelerate the process of Wildcat becoming a profitable, producing oil company with a high impact exploration division.This relationship will also allow Wildcat to tackle significant oil projects." It's this relationship i expect that people are missing about how WCAT could possibly be looking at these kind of opportunities no matter how incredible it may seem (It's not). I expect if a deal, any deal whether in Africa, Sudan or South Sudan could be financed as per Emerald Energy if anyone can remember that. While there's 2.8 billion shares in issue in WCAT, the m/cap is only £5m and it's the kind of relationship where Kroupeev could help inject significant financing/placing etc for WCAT as an investment for a similar if not risky high impact return such as Emerald? |
Posted at 22/8/2024 10:53 by fft Think a lot of investors will get out when relisted as they don't trust AK not to do something else silly and have another year+ of suspension. Not worth the risk will be the general view.Also,.any assets/revenue etc that SAVE announce when announcing the relisting will be take with a large pinch of salt by many as who will trust the countries they are involved in not to do a Chad or SS in the future ? Stability in west Africa has decreased in the last few years. And the inability to do what was said to be a simple refinancing on the Naira to prevent the huge exchange rate losses is not good for the future. |
Posted at 03/8/2024 20:48 by tim000 OK, but who is going to be incentivised to invest in these assets if the government plays tricks with prospective investors? But that will encourage existing investors to exit. The likely end game that I foresee would be SS becoming entirely beholden to CNPC. African countries dependent on the Chinese does not end well for them. |
Posted at 03/8/2024 19:52 by divmad When you say, overseas investment, you're really talking about Western O&G partners. But I doubt the same economic profit maximisation principles apply to Chinese inward investors at the state level. Eventually the whole bloody African continent will come under Chinese control, economically and military, aided and abetted by Russian thug regimes. |
Posted at 02/8/2024 11:41 by gisjob2 This is a total pi$$-take and SAVE need to relist. Enough is enough, I can't believe how long the company has got away with being suspended. I never liked the deal or the jurisdiction and like it even less with the pipeline damage. Whether the deal eventually gets done or not SAVE need to be back trading, It may be a painful return but every investor can then make their own minds up whether to continue to support the company. The truth is none of us knows how much if any progress has been made in the last 6 months and whether the deal is any nearer completion. AK needs to give his head a wobble and stop treating his shareholders with contempt. |
Posted at 02/8/2024 09:49 by thommie I share your frustration, but it doesnt help... Things can change fast. If you had to choose between 2 options, what would you do?1.terminate the SS deal (which if completed would be paid off in 1-2 years) on your own to get back to market, let the share lose 50% on relist due to the investor sentiment, get out at a 50% loss and invest the money into other plays you could lose another 50% of it. Btw there would be no other way. At the agm theymade clear that nomad doesnt allow them to come back before SS deal isnt completed or terminated. 2. Just carry on and maybe wait another year till relist, but with the potential to triple your money. You would look back with pleasure at your best investment that was suspended for years.Always depends on the final outcome. Nobody knows. Maybe there will be a decision at some point from save and petronas to just do it without presidential sign off, going into the same ICC chad option again. |
Posted at 02/8/2024 07:18 by buffythebuffoon If I’d been holding on to a piece of cloth from the moment we were suspended then it would now look as manky as the one that William Wallace/Mel Gibson held in Braveheart. Let’s all march down Regent St with banners and flags demanding that Andrew Knott be hung drawn and quartered, with his body parts put on spikes at the furthest points NSE&W of the UK.Alternatively we could send a polite email to the LSE asking if it’s now possible to keep a company’s investors from accessing their money for a lifetime. Never in the history of RNS writing has so little editing been required to a previous one. The first one to say that we must be close to a resolution or an extension wouldn’t have been granted will find him or herself testing out one of the spikes. It won’t be the one at Lowestoft though as I don’t want to die of boredom trying to find something interesting to see or do there. Buffy |
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