Sounding like a broken record bu Igas is doing well.
PA said that well 5 flowed for 8 hours at a stable rate of 160,000scf, why only 8 hours? i have seen sino's rns where they let wells flow atleast 24 hours..can anyone answer this question ,thanks
It is a sickener when you look back and do not bag profits, if you do not have a time scale on these you are going to make your money back! I know you I've a very sizeable holding here and hope you don't need to wait until that red turns into blue ;) Didn't think anyone seen it coming, too much hype and a lot got sucked in! I never bagged profits aswell, I went against my judgement and it cost me! But I'll ride it out, keep in bottom drawer until Xmas! All the best mate.
BBC 2 9pm Horizon: Fracking-The new energy rush. Mortgage free you where saying about investing in gold mines in 6 months or so you might want to take a look at OMI looks like it could be a good one I think they have very little debt and are taking cost cutting measures they have an all in of $1100 and are working to get that lower.
LRL is hurting me at the moment as I have a large investment here and made a conscious decision not to sell after 5 and ride out what I knew would be a retrace.mwhat I didn't account for was the absolute disaster that happened Monday. One week and £28k swing, positive to negative I am parking these! I don't doubt this will be a very different stock come Xmas, just need to sit on it and next time will take my profits, lesson learnt... Again. This will be the bottom unless well 7 is also a duster, heaven forbid. Best of luck all holder, not going to look again until we are 15p +.
on a whim
i dont think 27p is too optimistic, it did hit 20p on well 5 results, if well 5 can be sustained and we get good news on well 7 then i can safely say we will be above 25p, as for my 35-40p target perhaps not on well 7 but time will tell, alot depends on how much gas we get, if we can get a well like one of sino's producing 1.8 million scf thats over 11 times that of well 5 then 40p would be easy, 40p will come imo its a just a case of when im hoping we get there way before xmas gl
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