Im still not prepared for the stomach punch that's coming. Even though I know it is coming. All my money! Greed got the better of me I guess.
SeaEnergy shares suspended, probably insolvent. First victim of Transocean decision not helped as it cannot sell its 19% stake in LOGP due to the suspension.
Anybody got thoughts on a political issue here as regards new Government & Potential Deal ??
Before releasing Amergin why didnt pvr brought them for 1$, tax tetms would have been lucrative now if someone is interested they need to pay huge taxes. Question is why didnt pvr shown interest for all logp celtic sea assets, may be they have too many licenses paying the amount for those will be high in current environment
It doesn't show much confidence in regards to a near term cash injection from a Barryroe deal.
Todays rns from them is not great, will barryroe facesaver for them? I have stakes in logp not great
LOGP's other celtic licenses are lapsed, they had bet on Amergin
If all this is true why is Daddy not buying in with a steal like this
If we are to place any kind of fair value on these supposed assets. We need a share price in the region of 20-30 euro per share, anything less is a sell out with these kind of oil & gas reserves.
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