Serinus Energy Share Discussion Threads

[gah123] 15/7/2021 23:24

Price picked up before close, should continue momentum tomorrow. Gas discovery is truly Transformational in more ways than one. Multiple appraisal wells to come. Absolute no brainer, virtually zero risk.

[honestmarty] 15/7/2021 22:42

JA described his vision for a positive Sancrai result and subsequent field development and new gas plant.
As I recall he said spend 25 million dollars and get 75 million back.

50 million profit, so roughly equal to our current market cap.

And the share price increased by 8%??????

[mick1909] 15/7/2021 20:36

Thanks for the replys marty and ewan i will chase it up tomorrow as i want to to invest 20 to 30k in this one

[divmad] 15/7/2021 18:45

Malcy, please do not cover this company. You bring the kiss of death to most of not all your covered stocks.

[thetoonarmy2] 15/7/2021 17:49

From Proactive / Malcy todaySerinus EnergySerinus has announced that the drilling of the Sancrai – 1 well has discovered gas. The drilling of the well has concluded achieving the total planned drilling depth of 1,600 metres. The well was drilled five days ahead of schedule and approximately 19% below budget.Continuous formation gas shows were recorded over 20 metres of gross pay over four sand intervals from the measured depths of 855 metres to 875 metres. At this drilling interval the measured total gas ranged from 5.5% to 11.1% with an estimated average porosity of between 23% and 27%. Open-hole petrophysical analysis undertaken during the drilling operations has further confirmed this gas-bearing Pliocene sand zone. The Company will now proceed to perforate and test the Pliocene sand zone prior to completing the well for future production.This newly discovered gas field lies approximately 7.8 km to the south of the Moftinu Gas Development project and provides Serinus with a high value, high return development opportunity similar to the Moftinu Gas Development project. The close proximity of the Sancrai – 1 well to the Moftinu Gas Plant provides the Company with the option to bring this well onto commercial production while drilling additional appraisal development wells into the structure in order to fully delineate the gas field.The Board of Directors and the Management of the Company are very pleased to have discovered a new gas field in Romania as it provides further affirmation of the Company's belief that there are multiple shallow gas fields within the Satu Mare Concession Area.I met with Jeffrey Auld virtually this week and Serinus has significant charms particularly for those who like to buy cheap stocks with no debt, reducing costs, and where some directors are buying stocks with their own money. I am considering covering the stock where a number of reasons, but primarily apparently due to stock overhang, have made the performance dire in the extreme but am undertaking a watching brief.

[quazie12] 15/7/2021 17:10

Jog on Tidy 2. Do some basic homework before posting

[badger60] 15/7/2021 17:05

Yep .....SENX is now Poles apart from the rest of them.....in Pole position......;+))

[gah123] 15/7/2021 16:41

Will fly tomorrow

[ewanwhose] 15/7/2021 16:35

Don't know if this is the case with Barclays, but some brokers have a list of investments that they have approved. You may be able to get them to add it to their list. I had a similar problem with a different broker so swapped to AJB.

[honestmarty] 15/7/2021 15:52

I can’t explain that Mick.

I have some in my AJBell Sipp.

So it isn’t a regulatory issue.

Have you tried ringing Barclays??

[mick1909] 15/7/2021 15:50

Was ok with my halifax isa is it just down to broker?

[mick1909] 15/7/2021 15:50

They dont offer this share in my barclays sipp anyone have any thoughts why that is?

[ashleyjv] 15/7/2021 14:35

I agree, looking good

[honestmarty] 15/7/2021 14:32

Ashjv

The TR-1 when it arrives is gonna be a whopper.

[ashleyjv] 15/7/2021 14:08

just bought 60000 using some dividend money (From another share) paid 2.5350, showed up a sell

[dplewis1] 15/7/2021 11:38

Seems like bs.. certainly no hedge fund (I've worked for a couple) worth it's salt would be bothering with bad mouthing companies on chat boards. Maybe some little boiler room operation but this is low level stuff

[thetoonarmy2] 15/7/2021 11:13

https://mobile.twitter.com/leedbartz/status/1415578379693314052Interesting reading does it apply here

[tnt99] 15/7/2021 10:10

This share sells for ten times the value on lse in Poland no brainer when the market catches up and we get news of the pumps being installedThis will go over 10p in my view

[gazza102] 15/7/2021 09:46

No fund rise. They will have a cash mountain especially with prices so high.

[badger60] 15/7/2021 09:45

Well chuffed!!!!!!!!!!!!!!!

[billthebank] 15/7/2021 09:32

What's this debt then tidy. Please enlighten me.Sorry tnt just seen your note

[tnt99] 15/7/2021 09:31

Yes they did no debt here just people who don't research

[pre] 15/7/2021 09:10

did they not convert the debt into shares? let's hope no massive fund raise