Following our failed waterflood project on the beach last Friday yet sporting impressive Range sponsored designer sunglasses, Lewis, CH and I decided to take a good look at another aspect of RRL's extensive, unique, under-rated and under-valued portfolio of assets on Trinidad, Morne Diabolic (not a hint of ramping there). This time we sought guidance from the local island guru, who despite living in a haze of strange aromatic and curiously intoxicating smoke, appeared very helpful and remarkably lucid.
As soon as we walked into his modest but rather dimly lit hut, the guru (who went by the name of Smokinjoe) fell into an instant trance and immediately shared his vision of a continual and increasing torrent of gushing oil. Alongside the vision he said he had a clear picture of three letters in his head. With our hearts in our mouths we asked if the letters might be 'RRL.' Imagine our joy and amazement when Smokinjoe confirmed that one of the letters was indeed an 'L'.
'That's enough of a sign for us!' We shouted and immediately we spilled out into the bright island sunshine waving our goodbyes to the great mystic, full of anticipation for the future prosperity of a company we always believed would deliver....eventually.
So caught up were we in our enthusiasm that we failed to hear Smokinjoe's parting utterance, 'The other letters are 'G' and 'O''!
I want to know what the 250+ workforce is doing. Supposedly also working round the clock, but doing what? Are we paying these people during down time? Should they not be paid off or put on shorter hours?
Cheers for that. Good to see they are considering more frequent updates, but why the wait? Given that two rigs drilling currently is materially different (better) than what the Ministry update told us this morning, a missed opporchancity to apprise us of current activity. Shame.
And my expectation is taht price will be 1.4p by time of next International Football match (vs Bosnia-Herzegovena) this Friday night. Heard the radio commentary of Scarlets, CH - and it sounded pretty dire. Commentator talked about Dragons like many talk about Range
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