Wentworth Share Discussion Threads

[888icb] 14/12/2016 12:28

Look at Wentworth go up another 8% today as its good run continues

[adukeofkent] 12/12/2016 17:45

News of Oil supply being reduced maybe?

[888icb] 12/12/2016 14:46

No news has been released. Volume currently 139000. All Buys including 2 for 50000 shares.

[adukeofkent] 12/12/2016 13:38

What's the news? Can't see any on website

[888icb] 12/12/2016 10:57

Wentworth off to a good start this morning UP 10%

[juuunx2] 21/11/2016 11:14

Possibly I'm selling now and moving proceeds into amer lots more positive news flow to come there imho

[juuunx2] 18/11/2016 18:06

Mine too but I did school boy error and stayed....gonna sell if sub 20p though

[sleveen] 18/11/2016 14:40

juuunx2

No, share price crossed my stop loss.

[oregano] 18/11/2016 13:44

they generated operating cash flow, and only lost a modest $100k ish post development work. Debt reduced in the quarter and production should increase slightly going forward. I don;t see a placing as necessary, but wtfdik.

[juuunx2] 18/11/2016 13:25

Was thinking of selling at a loss and adding to my holding of AMER???

[juuunx2] 18/11/2016 13:04

Was hoping now to be self cash generative. I hope the placing isn't at a ridiculous low price I've already seen my holding lose 33%. Are you still in sleveen?

[sleveen] 17/11/2016 16:24

sp reflecting the severe cash flow strain.

Expectations of 80-100scuffs for Q3 and beyond now only 40-59 scuffs thru 2017.

Placing shortly IMHO.

[juuunx2] 15/11/2016 10:39

Sleveen yes that's what I'm worried about more dilution would not be welcome news. Gonna sit tight for now but patience wearing thin. Very slow progress here.

[juuunx2] 15/11/2016 07:13

Don't think markets will like this, should be making profit by now not still making losses, were supposed to be cash generative and all we hear is 'increasing debt facility' not sure whether my patience has ran out here.

[sleveen] 15/11/2016 07:12

I wonder what rumour was doing the rounds to spark the share price spike late October?

[sleveen] 15/11/2016 07:07

sleveen
12 Oct '16 - 16:00 - 422 of 435 0 0 Edit
This wont move until the numerous power station issues are sorted.

I suspect Q3 production to be down on Q2


Bang on my prediction above:

Achieved average gross daily gas production for the third quarter of 34
MMscf/d down from 51 MMscf/d during Q2 2016. Contributing to the
production decline from Q2 was the suspension of operations at the
Symbion gas-fired power plant as a result of a dispute with the Tanzania
Government, overhauls and commissioning of gas turbines at Ubungo II and
Kinyerezi I power stations, and allocation of gas demand to industry
competitors at the Songo Songo gas processing facility. The year-to-date
average gross daily production is 44 MMscf/d

[juuunx2] 03/11/2016 13:34

Could do with some positive news about gas flows etc too quiet here

[sleveen] 24/10/2016 14:55

Q3 update due in about 3 weeks,should make interesting reading.

[juuunx2] 21/10/2016 13:23

Could be, whatever it is long may it continue.