I have read your posts with considerable interest in the past. I generally completely agree with them. But you have to admit, you have hurled a fair bit of abuse yourself (something about a poster being a mad mofo comes to mind). I agree that sensible discussion is what is called for, but really, some of the contributors aren't asking concerned questions, they are just trying to destroy the company.
I'm sure passers by will realise that this BB is going to be a target by anti-frackers, and there will therefore be differences of opinion.
Before I form an opinion about any of the posters I look at what they have contributed in the past. If they are always having a go at someone or trying to cause unnecessary arguments between normal investors, I have to ask myself what their motives are.
With regard to your identity being supplied before becoming a member of the group, if CH-4 was the only person who new it, wouldn't that be okay?
Johnny: What I was asking you was if you were now in agreement with my Welcome Wagon approach to Deducter (immediately above my response to you in the same post) on his explanation that he's a long haul guy in iGas, since it was you who'd fingered him a couple of days ago as coming from the other side, saying "...please don't treat Deducter like a human being, he is one of the lizards..."
Hi CH-4. I am interested in the group (I currently have 81,473 shares and am looking to increase my holding in 2015) but I do not want to give away my identity (don't worry, I'm not Warren Buffett!) for my own reasons. I'm sure you can appreciate everyone has personal circumstances which sometimes makes their life easier to remain anonymous. Also, just a more general concern. Being positive is a great thing but I have often got the distinct impression on this BB that a fair few people here bully others who express, what seems to me to be, honest concerns. I often read comments from concerned posters which regulars jump all over accusing them of being derampers. Maybe they are, maybe they aren't. I don't think it's right the way they are treated. Isn't it better to just answer their concerns? It usually becomes obvious after a few posts if they are trouble makers so why not give them a chance? I suspect many more people read this BB than just the members here. It would be useful for them to have answers to these types of questions. What must this BB seem like to 'passers by'? What I'm saying is I don't want is to join a group that cover their ears and sing, "la la la". If there is a concern I would like open discussion about it.
Bunny: Thanks for your kind words and support. Good to have you with us. I agree, 200 PI's might be a stretch, but it's good to have an objective, and a handful of heavier hitters would get us to (say) an aggregated 3% with fewer numbers. And we probably ought consider prospecting for ISAG members using to iGas Shareholder register, so that we bring our message to the majority of PIs who never read the LSE BB.
Deducter: Sorry if I referred to you as "the enemy" wrongly (following Johnny's advice). If you're a shareholder for the long haul, I think we'd certainly value having you in with us in ISAG; given the SP's roller-coaster ride, a couple of clever (or fortunate) buying low, selling high trades in an otherwise committed position as a shareholder doesn't make you a deramper.
Johnny: Are we in agreement on this, in principle?
AK: I will always find your wealth of knowledge of the technical and business aspects of O&G exploration and production in general, particularly as it relates to fraccing, both highly educational and a compelling and entertaining read. Keep it up. And if I ever find myself in a 'copter with you and the pilot becomes ill in right hand seat, I'll be pleased that you're in the left seat. In the land of the blind, the one eyed man is king!
Vernony: I'd still be offering an apology to AK for OTT criticism, but it's your choice of course!!
CH-4: Thanks for update. Great start.
Time to galvanise!
Merry Christmas and best wishes to everyone, even CautiousCrane6and7/8ths, I suppose!
You are quite correct to take me to task, because I have no professional connections with the outer-space exploration industries, even though I personally know people who do. My business more concerns 'inner space', ie the rock under our feet, and the search for (and exploitation) hydrocarbons within.
My credentials are none which would make me a suitable candidate for a job with NASA, I'll willingly admit that!
Because we have different goals. They send things up into a far-away (generally very low-pressure if not vacuum environment at very high velocities), whereas my business involves shoving stuff down (sometimes quite slowly) into high-pressure, high density stuff, and not leaving the atmosphere.
But we have much in common, and thus certain common knowledge between afficionados of their related professions! And also we share various common manufacturers of equipment, albeit hidden under different names, and similar technologies, especially regarding directional drilling (getting something from point A to point B) and also geophysical and geological analysis from sometimes very small samples.
I don't want to appear, dear 'Deducter', as being some smartass know-it-all. I've got lots of helicopter miles (sometimes left-seat) but that doesn't make me a helicopter pilot. (By the way, in a helicopter, left-seat is the co-pilot's place, the opposite of fixed-wing). The rare times I've been offered the controls, I made a complete hash of it! But I know exactly how a helicopter works.
Likewise, I've spent much time maritime on the vessel's bridge (one of the perks of my job: position has its priviledges!) I know how those things work. I could (at a pinch) plot a course, having assisted in doing so). But were I to want to sign on for a job on a ship, it would only be as Able Seaman.
I'm also sort of useless regarding financial stocks and shares stuff, my scant knowledge having been acquired through the internet and a few people I personally know involved in such things professionally.
HOWEVER, I consider myself to be a very well-versed 'expert' in oilfield matters, both at the technical and business levels, and that is why I am an Igas shareholder, and intend to remain so for now.
So much angst. Suddenly I am the enemy - a lizard - for making a light hearted quip about someone who likes to take the high ground capitalising on their undoubted knowledge of the fraccing industry. I too am a sizable investor in Igas and want them to succeed. I have to be honest here because my interest in Igas is strictly financially orientated. I don't give a toss what happens in the long run to the fraccing industry as long as I make money out of my investment - which is why we have all invested our hard earned money. To say otherwise is lying. I have been fortunate in the past guessing correctly the spikes and dips to realise a lot of profit which is now all re-invested for the long term which in my opinion is a sure fired way to obtain some spending money. So really guys, I am on your side. If you want me to change tack let me know and I'll tell you the one about about the humpty backed blonde with the one eye. Thanks for listening and happy gripes.
Sorry, wrong. I suggest you do some research into oilfield casing cementing procedures before spouting off patent nonsense. Sure, a casing cement slurry may include various additives such as retarders, defoamers,fluid-loss agents,and so on. Sometimes tiny amounts of fibrous LCM materials. But sand? Pebbles? Nope. Cement (in an open space like on surface) when used 'neat' is a very poor building-material. But when used downhole in a confined, pressurized, warm place, is very good indeed. It should be thought as rather like a 'glue', which having expanded, heated up (because cement slurry 'setting' is a chemical reaction, not (as some may think) a matter of the water 'evaporating out', ends up as a very un-porous, impermiable sort of 'rock'.
I know of that of which I speak.
I have no wish to argue with you, Vernony, but I would suggest you research the subject better before writing complete falsehoods about it.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.