Serinus Energy Share Discussion Threads

[honestmarty] 14/7/2022 06:58

Tunisia appears to be a basket case with no evidence of meaningful development despite all the promises.

Romania is rapidly running out of gas.

2 upcoming drills will have an element of risk, and, even if successful will likely have low flow rates, and high rates of decline.

Why would anyone invest meaningful sums here?

[thetoonarmy2] 14/7/2022 06:49

Auld is useless overpaid underworked why have they not been buying back shares at this price, I suppose at £650k pa he wants to make sure they have enough cash to pay him his his salary.

[dave4545] 12/7/2022 07:40

6 v 1 9.5-10.5p

Bounce coming or dead cat bounce but whichever way you see it it's very oversold

[badger60] 12/7/2022 00:34

Now down over 50% from the new issue price. Woof woof!!Auld is loving it ...650k pa and screw the shareholders.

[bbm_144] 11/7/2022 20:29

Rapidly becoming a basket case. Management need to get a grip and start some positive comms. £11 market cap is ridiculous.

[trader4ever] 07/7/2022 10:30

Auld and his gang have no interest in shareholders value. All they are interested is getting monthly salary without any accountability. If we had a competent management share price would have been atleast 50P+. But this company is being run by crooks.

[dave4545] 07/7/2022 10:16

Bought a few back from previous spike

Much better now 10.86-11.1p spread

[badger60] 07/7/2022 09:00

Did you know that Auld is affectionately known as "it's a duster".........650k pa for doing sweet FA............

[badger60] 07/7/2022 08:55

I see dave4545 is crying into his SENX shareholding after watching the share price crumble and banning bearish views from his thread. Sell up mate, Auld will suck it dry while there's still enough to pay him and his mates the millions that they pay themselves for doing sweet FA.

[dave4545] 07/7/2022 08:36

I just do not understand is why the company goes all out to get permission to buyback stock and then after a initial small purchase has stopped buying while the share price tanks.

I mean there is 250k available at 10.95p right now why are they not looking after shareholders and buying it and supporting the price with their cash resources ?

Poor management

[bbm_144] 06/7/2022 14:48

The consolidating has been a total disaster. BoD need to start earning their very considerable salaries !!

[badger60] 06/7/2022 09:54

Another share consolidation coming up very soon at this rate.........

[trader4ever] 06/7/2022 08:51

It is just unimaginable that the senior management of a company can be this incompetent. despite of historically highest oil and gas prices, these people still could not deliver any share holder value. Completely destroyed this company in the last three years. JA is the most incompetent of all in serinus management.

[bri15] 04/7/2022 19:11

It's quite possible that 500K is a share buyback,if it was a sell share price possibly would have been down but didn't move much Friday afternoon, maybe get RNS tomorrow notifying the market,we need some good news that's fit sure.

[bbm_144] 04/7/2022 18:08

500K trade. Sell worked through from Friday ?? I've no idea

[badger60] 04/7/2022 09:32

Look at DELT. Partnered (30% to Delt) with Shell who are spudding Pensacola in September.....all confirmed and paid for.

[badger60] 02/7/2022 06:21

Unfortunately SENX is turning out to be a dog........even the fleas are abandoning it.......

[badger60] 30/6/2022 08:08

Poor dave4545 obviously has got this one wrong..... he's banning any contrarian posters from his thread.

[badger60] 30/6/2022 07:48

Yep....as long as there's enough in the kitty to pay Auld 650kpa and his mates their x100k's for a while.....who gives a toss about hitting a few dusters.......

[ken chung] 29/6/2022 14:54

Sadly when they perforated the last Romanian well, they couldn't even get a gas reading, the levels were so low so it was a failure. Elsewhere the Romanian wells are rapidly declining and suffering increased water ingress. A continued decline in production, and/or an eventual decline in the oil price again, and they will be losing money just like before.Just looks like another lifestyle company to me.Lemmings and mushrooms only.

[badger60] 29/6/2022 14:28

Let's wait and see what comes from these latest drills. Auld is making a big song and dance about it on RNS, but it's all about what he can get out of the ground, and how much is there cost Vs revenue wise.It can't be any worse than it has been for the last 18 months......I hope! Are you listening Auld????

[trader4ever] 29/6/2022 12:33

Its funny, People are saying onwards and upwards for the last three years, but it keeps going downhill all due to incompetent management of this company. This management team a is complete failure.
No RNS in the last three years have made any positive improvement in the share holder value, Every one knows JA is a liar and not a trustworthy person. He is not even able to earn 65k per year based on his competency let alone 650k. It is absolute disaster, I wonder who approved their salary levels ?. Most of the management should be sacked immediately.

[idriveajag] 29/6/2022 11:16

SENX about to start drilling for gas onshore Romania:Serinus Energy PLC29 June 2022Romania Drilling Programme UpdateJersey, Channel Islands, 29 June 2022 -- Serinus Energy plc ("Serinus" or the "Company") ( AIM:SENX, WSE:SEN) is pleased to announce that the two-well exploration programme in Romania continues to progress towards commencement of drilling. The roads and drilling platforms at both the Canar-1 well and the Moftinu Nord-1 well have been completed, including the installation of the drilling conductor pipe at both locations. The drilling rig inspection and certifications have been completed and final acceptance and rig mobilization is expected to be completed the week 4-7 July. Permitting for both wells is nearing completion with all permits expected to be granted imminently. Subject to the timely receipt of all permits, the drilling of the Canar-1 well is expected to commence on schedule in mid-July, and once drilling is completed, the rig will move to the Moftinu Nord-1 location and commence drilling.The Canar-1 well is located 4.0 km to the west of the Moftinu gas plant, while the Moftinu Nord-1 well is located 5.2 km to the northwest of the Moftinu gas plant. With success, production from each well will be connected to the Moftinu gas plant, utilizing current excess plant capacity.