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https://twitter.com/Me32063/status/1133656528609845248?s=19
Yep. People need to look at the schedule the company provided.
the last production RNS was 15/4/2019 - first 2 weeks of April production was sited ie AFTER March if that is what upside is on about: Attis were expecting an 10% increase on the April production
RNS 15/4/2019
Austin Field
The Austin Field wells have been brought on production following the rework programme. The cumulative mean production over the last 12 days of the reworked wells is currently 66 bopd. and total barrels of oil produced 343 bbl. With the improving oil : water ratios currently being recorded, Attis is expecting a further 10% increase to daily production.
if you are referring to the tweet from yesterday: they were March numbers
Upside: clarification/support for statement please:
What dates, which wells and what is the production are you referring? It would be easier if you add support link(s)
Well helpful let's hope the Oklahoma figures are great because Texas RRC reported production is dire.
When it’s comes it’s gunna be big - the longer the build up the bigger the bang
Thank you Helpful.... I fully understand. I have noticed that the weather wasn't good but now its improving.
It's just very frustrating waiting for news.... I bought Mayan back in 2017 and it's been a very difficult. We all know the risk of investing in AIM.
guessing someone was expecting news before now - but now needs to get on the next nearer term winner, hey ho - such is AIM
Gone to chase the next rainbow ;-)
just offloaded the 3,304,635 shares bought on the 20th, for a loss of £700 approx. Ouch, but i wish them well on their next trading venture. Make it a winning one whoever you are. Patience used to be called a virtue, possibly and hopefully still is. GLA. :o).
I speak to him fairly often.
House rules are that we cannot post something on here claiming someone said it unless that statement is in the public domain. We also cannot post inside information or price sensitive information not in the public domain.
I expect we are close to an update. I have to say that the weather in Texas and Oklahoma has been terrible and will likely have slowed them down a bit.
The weather at Fort Worth has been okay though.
DYOR
Someone here must have CW'S mobile number..... they need to speak to him and ask him to send out some decent news.....it's been almost 2 months and we have had no news.....All of us watch everyday waiting for some news that will reduce our losses.
Mr Helpful does seem to have a lot of trust in CW. Maybe it's worth speaking to him.
I'm not a big shareholder so someone who has a big holding in MAYAN will be able to put some pressure on CW.
No not suspended. Just no trades today which is not unusual with MYN. RNS's are few and far between.
I have a reasonable holding here, although a lot of it is still underwater sadly.
Nevertheless, I think that if they've been at B/E for a couple of months or so then they must by now surely be approaching a decent level of production net to the company. 100BOPD must be the next logical target for the company, but with each well presumably requiring flow testing for 10 or so days we should expect something reasonably soon I would think regarding ZR.
*bopd not boobs (though you chose!)
yes, and once break even point reached we will be in an excellent position: with each incremental bopd over and above the break even point we will have increasing funds to further expand. 500 boobs in the not to distant future feels very much achievable. £50mn mcap at that level is not unheard of.
AJAYE... There is still some o/s news from Austin and the company are near break even as we stand atm. News from Zinc R is close,. That’s a hell of a large field with way over 50 wells. They have been on that field coming up for 2 months now. Attis being Attis certainly haven’t been sitting on their back sides.. Mayan are also funded for the foreseeable.. There’s not much not to like about our position tbh. I’m certainly not as bullish on Petroteq as an investment for us as some in here, but I hope I’m proved wrong.. So as news stands, there’s a lot going on and due.
Stuy - I'm very heavily invested here - can you detail what you think will drive the share rise you predict ?
The price will only rise on RSN - what info do you think is on its way - there is no sentiment/goodwill value in this share so it will need to be hard fact to start the price rise .
During May there is no reason why the SP should not rise into the .20’s then June .30’s July .40’s etc.. If this doesn’t happen, then there is something seriously wrong here. Attis seem to be on the ball regarding production and I have faith in them to deliver,. albeit slow, but then again a slow rise will be good enough for me..
Anyone have anything to say that points to the SP here rising?
In O&G everything always takes longer than expected. I think I, optimistically, added 2-3 weeks to your timeline. Let’s see. They took their time with the last RNS too, but it turned out to be a very pleasant surprise. Hopefully we get another one of those.
For my theory of news this week. Next week then or the week after or ................?
Pqe want to get their finger out. Where back to over promise and under deliver. Lets hope we don't ?
Anyway going away for a few days next week ( getting the tag remove ) not really. Enjoy the long weekend. Have fun :-))
Well it tells you about the company, what it does, it's costs, it's revenue band it's production. All of that has been verified to the satisfaction of the SEC.
The next step is an invite to join NASDAQ.
My main point is that the document is detailed and verified.
DYOR
Mayan I sell last year