Sterling Energy Share Discussion Threads

[lord gnome] 16/6/2021 11:06

Change of name dear boy. Do try to keep up. See post 98 below for details.

[chesty1] 16/6/2021 09:30

Is this dog finally dead?

[hsfinch] 23/5/2021 16:51

Just as the Ford Motor Co got going, a disgraced former big horse n cart co executive took over a small horse n cart co and promised to make investors rich. His big idea...to recycle the horse dung. That's McDade in 2021.

[excellance] 05/5/2021 11:56

New board created for Afentra PLC aet

[excellance] 05/5/2021 10:16

Looks like SEY will be buying divested oil producing facilities at knock down valuations from majors who are under pressure from governments, green activists, the media, institutions, and the new world order, to reduce carbons. However this is an opportunity for smaller companies that aren't on their radar and are out of sight of most people.

[xxnjr] 05/5/2021 09:15

McDade's record speaks for itself. Catastrophic value destruction at Tullow. £6bn in write downs? share price declined from what was it £15 to 7p under his tenure? ESG credentials? hmmm! Tullow now having to flare vast volumes of gas in Ghana.

[sludgesurfer] 04/5/2021 07:21

Interview with McDade in the FT today broadly outlining his plans.

[kevjones2] 30/4/2021 11:04

Now that the General Meeting is done and dusted the team can focus on getting the right deal(s). I'd expect some sort of initial announcement in the next few weeks but these things can go on for months on end. Patience remains the key.

[excellance] 27/4/2021 19:19

They must have a specific project in mind, and to change the name prior to officially presenting the project to market suggests it's just a formality to confirm it.

But what is the deal?

[kevjones2] 27/4/2021 17:30

African Energy Transition = Afentra.

To get the right deal could take months. Anything less than 3 months from now would be a bonus. Patience is needed.

[excellance] 19/4/2021 14:52

Any idea what or where "Afentra" comes from?

I still think sterling will be involved in the buyout of spirit from centrica.

They could use the £40m in the bank as 15% equity stake with a venture capital company supplying the remainder.

Centrica could keep a 10% interest.

[billy two cocks] 13/4/2021 19:30

Interesting RNS today.

[slowracer] 12/3/2021 14:55

Today's trading volume so far is more than 20 times the daily average. Not bad!

[kevjones2] 11/3/2021 12:46

17,800 @17.9p. Not showing on the list of trades?

[kevjones2] 10/3/2021 23:39

Made a few bob on Tullow - bought at 25p a couple of months ago and sold yesterday at 53p - so I decided to take a good look around and take a small punt on some company I never heard about. I read up about SEY and have a buy order for tomorrow morning. Think it's 17,500 shares or over £3,500. Not a big punt by some standards no doubt and I could lose it all but the fundamentals here are extraordinarily strong. Very much under the radar too. Hopefully, some good news over the next few months. GLA.

[septimus quaid] 10/3/2021 17:12

ok, no probs

[excellance] 09/3/2021 19:45

Unfortunately can't edit the title.

[septimus quaid] 09/3/2021 19:03

excellance, can you not edit the title to say 2021 and beyond, 2020 is already looking dated and 2021 was more the "rebirth year"?

[gordan ghetto] 09/3/2021 08:56

ANA is the best UK cannabis stock

Share price 1.1p
Only £6.4m mkt cap

Fastest growing sector worldwide
Will have first mover advantage in UK
Same growers as GW Pharma
4 biggest shareholders hold over 50%
BOD own 30%
Massively undervalued (£6.4m mkt cap)
Near term multi bagger on license approval
Partners with leading prof , scientists etc
Primed for a RTO/ main listing (price driver)
Under the radar (most chased MXC,CBX)
Looking to bring a product to market
Off take agreement in place already
Will be producing 200 TONS per year
(200,000 kilos)
Has the most land out of every cannabis co
Fully funded for phase 1
UK medical cannabis growing 20% month
Only 584m shares in issue
Hardly any available in open market
Will apply for a commercial license too

Worth getting in on the ground floor imho.

[hsfinch] 05/3/2021 09:34

McDade was known as Boy Wonder at Tullow. Presumably Heavey was Batman...some caped crusader when you consider what he did for investors. And Cloak was known as the magician's apprentice. The magician being McCoss who was known ironically as Merlin. McDade made numerous poor calls at Tullow. And his reputation was tarnished in the end. Cloak and McCoss wasted billions on failed exploration. What they might have going for em this time is the ambition to prove the naysayers who sacked em were wrong and maybe they learned some lessons. But oilie execs tend to have big egos so they need to be watched very carefully. On the other hand, SEY was going nowhere and the two of em might pull something out of the bag. On balance..worth a punt.

[concerned_of_bagshot] 28/2/2021 19:23

I'm not a big SEY investor, but latest exec appointments have raised an eyebrow. TR1s show McDade didn't buy a seat at the table so it begs the question why [add your own choice of words here]. His track record is clear. Don't know about Cloak did he deliver anything at Tullow with their behemoth exploration budget?
Both subject to shareholder vote but have to assume it's a done deal.

[palwing32] 26/2/2021 13:43

Thanks Leoboy.