Its just something that legislation has to get to grips with. Another share I also entered today was Qpp, purely for the fact that what seems to have gone on there and the share driven down by what seems collusion and scandal for benefit of shorters and other in such a beneficial position that can take advantage of it too. But whilst I feel control will come one day and movements must be justified. Yes shorting is trading and trading to drive a share down, but one day I believe it will be outlawed as it can be colluded to wipe out status of many for the gain of others and that is not trading its theft by those in a position to thieve. (all legal of course) Aim is very very vulnerable to this as it takes less is monitored less and is easy for them to have it where they want it. So all we can do is pay our money and make our choice, or stick to blue chips, of course it goes on there too but less devastation to the long term and not often unless due to valid reason that you see a 50% full in two weeks. You certainly would never see a 50% fall from positive news and developments. gla
"""A comprehensive suite of logs has been acquired and preliminary interpretation confirms the wellbore intersected a significant sequence of hydrocarbon-bearing reservoir similar to Cambay-76H""" That looks good to me.
last rns, could not say what they said in this rns if it was crap well.?
but i do see your point, but dont forget iii BB has had a few -ve posters for a long time, and i also see where they are coming from
"" As previously reported, the primary reservoir target (Y Zone) has been intersected on prognosis. A comprehensive suite of logs has been acquired and preliminary interpretation confirms the wellbore intersected a significant sequence of hydrocarbon-bearing reservoir similar to Cambay-76H. The Cambay-77H logs also compare favourably to Cambay-73 vertical well, which produced from the Y zone at 1MMscfd plus condensate and is located approximately 1 km from Cambay-77H.
cambay-77H is offset 300m from the Cambay-76H horizontal well that underwent a successful multiple staged fracture stimulation programme along its 633m lateral section in 2012. However, it was suspended before testing due to downhole mechanical problems. Prior to suspending the well, gas and condensate flowed to surface during well control operations. ""
Cant see anything disappointing in this part of Rns, all looks positive to me apart from have to wait for the greedy to roast the sp on next positive news flow..... We are encouraged by the amount of hydrocarbon-bearing reservoir penetrated as well as its apparent quality from the logs. We look forward to conducting the fracture stimulation programme and subsequent flow test to realise the full potential of this reservoir." GLA
There was some talk on iii of the fall being more than just traders being impatient to wait until fracking some people questioning if the hydrocarbon shows where not as strong as they were expecting. I'm not trying to deramp but as others have said before this is a leaky ship so just floating it out there....anyone got any thorghts?
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