Serinus Energy Share Discussion Threads

[firestorm911] 15/8/2023 14:43

The Company has scheduled the next lifting and expects to perform this lifting in September 2023

-- Production for the period averaged 677 boe/d, comprising:
o Romania - 144 boe/d
o Tunisia - 533 boe/d


Possibly 65000-70000 boe at $85 in September.

This is going 4p+ by end of October.

The Crew is loading up in bucket loads all way to 4p.


Regards,
F911
RMC

[firestorm911] 15/8/2023 13:44

Hi Guys

What's happening here? 2.86p or back to 2.911p? Who knows.

Crude back $85, 7th straight week of rise.

Regards,
F911
RMC

[mick1909] 15/8/2023 13:26

Its not a stock which dilutes granted they haven't offered shareholder value as it has been decimated i think it has created a good buying opportunity as the mcap is ridiculous low @ just over 2 mil this could be the floor from here

[epifanio1] 15/8/2023 13:18

1p placing coming lol

[puphead] 15/8/2023 13:07

Rude not to, all for less than £2m mcap. Taken from Six Months Interims: "The Company continues to be in a strong position to expand and continue growing production within our existing resource base. The Company is debt-free and has adequate resources available to deploy capital into both operating segments to deliver growth and shareholder returns."

[solo4yous] 15/8/2023 12:25

Taken some

[terminator101] 15/8/2023 12:09

What's the skinny on the placing to keep the lights on and keep paying Jeffrey in the style he's been accustomed to? I think 0.1p.

[mick1909] 15/8/2023 12:08

Its provided good liquidity for a change, definitely an institutional selling at what ever price should get a strong bounce once they gone

[patio58] 15/8/2023 11:58

Agreed Tabhair

[tabhair] 15/8/2023 11:49

A large shareholder obviously took one look at the results yesterday, decided enough was enough, and blew out their shareholding at whatever price they could get.

I was happy enough to step in an offer some liquidity for their exit. It's obviously a risk, but there is far more than £2m worth of value in this company.

[professor_x] 15/8/2023 11:47

2.0p close

[professor_x] 15/8/2023 11:47

2.0p close ,

[goforgold1] 15/8/2023 11:28

Cash balance as at 31 March 2023 was $2.7 million. So 6 months on next month. they could need money 2.7 million is not a lot of money plus they have had delays costing more money to fix. It's having a short raid today nice profit if your short 44%!

[patio58] 15/8/2023 10:52

The last 2 posters are the same person spreading nonsense and lies on the Vast board also, best to filter or report their lies.

[jameschilds176] 15/8/2023 10:48

Placing chaps sub 1p one too

[johnjames876] 15/8/2023 10:46

Get out guys

[sga64] 15/8/2023 10:40

Breathtaking arrogance and greed from Auld , market cap of 2 mill & paid 600k pa!

[source] 15/8/2023 10:31

Shareholders have to be honest with themselves and ask why on earth they've allowed:-(1). Our installed management team take over £1M in wages per year!(2) Why they've allowed such a constant string of terrible operational performance/failures.

[patio58] 15/8/2023 10:06

My buy showing as a sell

[badger60] 15/8/2023 00:25

I think that Auld pays himself 650k pa......

[terminator101] 14/8/2023 12:39

Jeffrey sucks almost $500,000 a year out of this pile of pish. Plus he's been awarded millions of nil cost share options. What's not to like (unless you are an actual shareholder).

[neo26] 14/8/2023 12:39

Why is he being paid 500k per annum?Totally destroyed shareholder value.