strong buying into the close! |
Have quietly been accumulating more today |
Share Price is irrelevant at this juncture, the next announcement will be the right time to judge where the company is heading |
Yup, not sure why you would be selling at this point when you know the farmout is on its way. “The stock market is a device for transferring money from the impatient to the patient.” |
Great time to snuff away a few more. Hoping we'll know the likely 2A partner/s in the next 4-8weeks.Cash |
What now I wonder ? |
Just binding time ready for the transformational RNS, then the sky is the limit. Maybe an opportune moment to join the party.🚀 |
...I doubt directors are currently able to buy given their inside knowledge of the imminent farm-out. |
Forgot to add, director buys at this stage would be a strong indicator |
A farm out confirmation if the deal is decent enough will get them interested. |
Anyone with knowledge of these things care to give their opinion on when any new IIs are likely to be looking to buy into the Seascape story?
Could it be anytime now because the story sounds good? Or on farm out confirmation? Or more likely on publication of CPR for DEWA next year? Or what? |
i cannae hold her much longer captain! |
Expected Q4:"The farm-out of Block 2A is well underway and the Company remains confident of executing a transaction during Q4 2024." |
I believe we may well test the 40's today with the pipeline of imminent news.🚀 |
Probably create a holding pattern at these levels for the next few days/weeks, possibly a pennant/flag chart formation. IMHO. None of know when the farm-out news will hit or even if another DRO award. |
Good volume in 2 hours of trading and hopefully this leg takes us to 60p+ before the 2A big news lands. |
£14 long term £4 within striking distance, Chance of a lifetime imhho. Onwards and upwards.🚀 |
What's your target smraynot? 40p? 400p? or 1400p? (i.e. How much patience do you have?) |
You first starting posting when share price was 38p. |
That's a better start.👍 |
I expect $5-$10M cash element, but we could get a nice surprise. We will find out soon enough.
I would rather have full 15% carry and limited cash up front. CoS is beyond the 22% stated IMO |
Do you own calculations and position accordingly. I'm continuing to buy - very excited about the story here, regardless of the actual size of any cash element received as part of the farm out. There are other significant value drivers beyond Block 2A, that is now clear |
sounds far to high $30m / $40m cash element - £23m
how does that poster know this info, did it come from the BoD, or making it up - many investors will be all over this if they officially knew they were going to get circa $30m / $40m in their farm out - way to high |
Tomorrow will be a good day. |
Sounds like this oiltdr poster is very close to Sea, or else it is pure speculation at this stage. |
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