Serica Energy Share Discussion Threads

[fardels bear] 07/9/2018 10:55

FWIW I reckon processes means that all of the process required relating to the OFAC waiver and the Escrow due to IOC involvement is bing put in place behind the scenes - WITHOUT ANY ANNOUNCEMENT ON THE SUBJECT BEING MADE.


'Cos last time the OFAC waiver was issued the day after it was applied for.

[dunderheed] 07/9/2018 10:50

Reserved for Pram or Saul Goodman.

[lord gnome] 07/9/2018 10:47

Judging from the price movements, I'd say someone has had a second read of the RNS.

[sawney] 07/9/2018 10:28

Probably reading too much into this but it says...

including processes by the US Office of Foreign Assets Control (OFAC) relating to the Rhum Field.

...ie implying the detail being worked out, as opposed to an application being applied for...??

[dunderheed] 07/9/2018 10:20

Great news imho. (i.e. at least it aint off and absolutely no hint of reason to think it will not go through)
There will still be nay sayer's though saying 'oh why the delay, perhaps it aint going to happen!' and the traders will get out but good news from my sighting.

[general george] 07/9/2018 10:18

Yes good RNS. All ready to go.

2 weeks to conclude after the consents are sorted. Which is basically the reason for pushing it out slighty.

Not sure why anyone would sell on that RNS being so close to the end.......but there you go lol

[sawney] 07/9/2018 10:15

Seems ok although no mention of R3....any old excuse on AIM to give the price a kicking though...

[spandy83] 07/9/2018 10:11

Decent update in my view. Nice to see confirmation that Erskine is on track for completion at the end of RNS.PS I'm back in :)

[general george] 07/9/2018 10:11

Rns. Completion extended slightly, but all the ducks lining up.

Nearly there!

[general george] 07/9/2018 09:02

Things lining up nicely here. Hopefully Erskine back in a couple of weeks or so.

Some Bkr news would be just the ticket too.

[robo175] 07/9/2018 08:31

Gas up to 73 per therm.

[steelwatch] 06/9/2018 12:00

Dh - sign of advancing age getting up in the night, but noticed an alert on my mobile from Marine Traffic when I went back to bed.

[dunderheed] 06/9/2018 11:25

Cheers steel - you were up early this morning or on shift?

[sawney] 06/9/2018 11:15

Cantor Fitzgerald had a buy recommendation (105p) back in April....(thanks to Lord Gnome)

[steelwatch] 06/9/2018 10:59

Seven Falcon currently docked at Nigg has changed destination to Western Isles, so finished at Lomond it seems.

[fardels bear] 06/9/2018 10:48

Hargreaves Lansdown is only showing one broker rating. A strong buy from Peel Hunt - but then they would, wouldn't they?

Many thanks for your continuing eye-openers, almsivi..

[almsivi] 06/9/2018 10:29

Checking my share account today and noticed that there are 4 broker ratings for strong buy - but the only broker info I can find is Peel Hunt. Can anyone shed any light on who the other 3 brokers are?

[dunderheed] 06/9/2018 09:19

Thanks Almsivi, much appreciated.

[wisecat2] 06/9/2018 09:01

Well done for all the quality posts and here’s hoping our rewards come before heaven

[general george] 06/9/2018 08:21

Tks Steelwatch and Almsivi.

Got to say this is a great board to be involved in at an exciting time.

[robo175] 06/9/2018 07:55

Great find almsivi.

[sawney] 06/9/2018 07:47

Great stuff almsivi...thanks

[almsivi] 06/9/2018 07:39

Wonder if anyone else spotted this yesterday?

hxxp://www.foxnews.com/us/2018/09/05/trump-kuwait-emir-discuss-syria-yemen-trade.html

So Kuwaits Emir is in Washington discussing trade among other things - which is interesting, because Arclight just sold NSMP to Wren house - owned by the Kuwaiti Sovereign Wealth Fund.

hxxp://www.foxnews.com/us/2018/09/05/trump-kuwait-emir-discuss-syria-yemen-trade.html

Why is this important? Well, one of NSMP's biggest assets is the SAGE gas plant at St Fergus - of which the Rhum field is the largest individual contributor of natural gas - if those trade talks today don't encompass protecting Kuwaits newly acquired financial assets and by inclusion, Sericas, I'd be very, very surprised.

[steelwatch] 06/9/2018 04:34

Seven Eagle en-route to Peterhead