Serinus Energy Share Discussion Threads

[badger60] 25/6/2021 14:00

Even at current production they have to be netting at least 2 or 3 times income than last year!.... Maybe even more given their low cost base!

[badger60] 25/6/2021 13:51

Just look at the prices boe realised in 2020.........We have gone up from 50 to 75usd bbl since January.....Net realised prices ($/boe) averaged $28.06 (2019 - $48.12), a decrease of 42%, comprised of;o Realised oil price ($/bbl) averaged $35.56 (2019 - $61.67), a decrease of 42%.o Realised gas price ($/Mcf) averaged $4.38 (2019 - $7.27), a decrease of 40%.

[badger60] 24/6/2021 11:39

Very little volume and marked down. I bt 200k .... anything over 2.5 is a buy. They need to market this aggressively.

[honestmarty] 24/6/2021 10:48

The seller hasn't an unlimited supply.

He will run dry at some point.

[badger60] 24/6/2021 09:32

Being offered at 2.53. bid 2.50

[honestmarty] 24/6/2021 08:48

Drilling and risk go hand in hand.
But this is very, very low risk.
A proven hydrocarbon area.
Good seismic, shallow drill.

Not a wildcat 10% make or break.

[badger60] 24/6/2021 08:44

From what Mr.Auld said, it's a very low risk spud....... let's hope he's right!

[honestmarty] 24/6/2021 08:12

If buying pressure continues into spudding

4p easily achieved.

Keep the faith

[badger60] 24/6/2021 06:56

From LSE


: News dueWed 08:32
Incredible value here, Directors buying up and although piddly the number of Directors buying - makes you think its an opp.

Chart is null and void pre Jan 2021 because of the company being reset.

The oil and gas prices vs. Calendar Q2 figures will be interesting.

Nice build position.

[badger60] 24/6/2021 06:56

From twitter yesterday

#senx Huge value here.

£5m cash (actually usd5.3 Mio at 31 March)
zero debt
production rates have increased by over 30% and the price of oil has increased by 55%
The rig tendering process is underway
Sancrai-1 well is expected to spud by the end of June
Expectations are high!!
BRENT $75

[badger60] 24/6/2021 06:45

......which is the thick end of 6 times the UK price......which is insane!

[badger60] 24/6/2021 06:42

Poland currently 78 zloty ps which translates to 14.82pps UK.....

[badger60] 23/6/2021 14:22

Just bought 350k...,and the 500k sale is a delayed buy....

[badger60] 23/6/2021 14:18

2.511-2.567 in 1mio online

[badger60] 23/6/2021 13:59

The other huge conundrum is the ongoing share price disparity between Poland and AIM...........Even Mr. Auld can't explain it.

[badger60] 23/6/2021 13:52

Have to agree. This stock has been a conundrum from day 1. But patience is the winner here. Trying to second guess this one is very difficult but the fundamentals are very undervalued.

[lazarus2010] 23/6/2021 13:45

something deffo going on here, can't buy shares at the offer price, but not showing any trades going through which might have taken up stock and prevented me from getting any! Feels like there is some accumulation going on but they're not prepared to chase the price up and actually want to get it lower for their buys?? Or am I just being cynical?

[badger60] 23/6/2021 12:24

Hopefully this will come above the radar ...... especially if the spud this month is a winner.

[candlestick1] 23/6/2021 12:21

Ha, as did I, I suppose :)

[badger60] 23/6/2021 11:23

I picked a few up...;+)

[candlestick1] 23/6/2021 11:13

Gotcha. We dont know who picked those shares up, do we?

[honestmarty] 23/6/2021 11:05

B60

It certainly looks primed to go North.

[badger60] 23/6/2021 11:01

honestmarty
Yep.......but I think you got the drift;+)

[badger60] 23/6/2021 11:00

candlestick1Imo, as I said it's still the fallout from Kulczyk sale still being churned and not another seller. The way it was handled was appalling and shares are still looking for a home away from the traders.

[honestmarty] 23/6/2021 10:20

A surge in volume with enough buying to take out the seller is the solution.

Now if only there was an RNS due about a spudding…̷0;.???