They are now above 2.00p. That's where Frr should be NOW, not after news. W e already know we are flowing a least 3mmcfpd. We have estimated tcf. Sle have bcf ????? Dose not compute right for me. We NEED conformation of production, flow rates and confirmation of the tcf's
Zeps FRR should be up there and they would be except for the frustrating habit of delays and releasing good news followed by bad news last time the dilution and failed agm quoram torpedoed the momentum not helped by the oval difficulties in UKraine and a collapse in oil. The positive news around the extra rig and debt repayment was lost amongst the unsettling frantic rush around the agm 2nd run. We hope this time they announce good news and good news alone. People do not want any more excuses or delays or god forbid any suggestion of more fund raising. I will keep holding but like most here will not tolerate a news black out that extends too far into march. I will contact the company and will not be alone I suspect. Having said that I am quietly confident and sincerely hope we are about to emerge from RNS silence soon.
Good post and comparison. Lse went up 30% on news of flow rates of.4.2 mmcfpd. The Rawicz-12 appraisal well, located in south-western Poland, commenced flow testing on 5 February 2015 and has to date flowed at an increasing rate of up to 4.1 mmscf (million standard cubic feet) per day. No significant amounts of water have been encountered and gas quality matches expectations. Well productivity, gas production rate and surface flowing pressure continually increased during the long high-rate flow period. No where near as much gas as Frr is estimated to have. They are now 1.5p where should this really be ????
Totally agree with your sentiment. O.K. there were delays in the past,but the past is past,this is now. We are on the cusp of a possible up to18 TCF CPR! Possible more to follow!! And it is not as if that is the only iron we have in the fire. Varang on its own is a game changer,considering the current m/cap of only £20m. This company,again considering the current m/cap,is making progress on far too many fronts to be dismissive of its near term sp. Gas capacity,production,sales and revenue are increasing. Up to10 fracking wells completed by H2! The above last 2 points,together,have the potential to have a significant impact on the future m/cap.
From a pfl post. "I look at the list above and ask myself which one of those do I think is priced in and my answer is NONE. Just one of them will see significant upside to the sp imo. This is why I am relaxed. I see very little downside from here and a helluva upside."
market meltdown?you lot heard of the bond market,of course you have,there are basically three brackets of this,short.medium.long,short term being 1/2 years,long being 20 years,all of them are,basically low they are the markets perception of the health of the debt market,inwhich all of them are at all times lows,which indicate no market crash,but greeces is sky high,obviously,but we all know about that. so by all means be weary,but watch the indicators,they are not saying black Monday. another fear indicator is the vix and that's lowering off atm,during the 2007/8 it hit about just under 50,so miles away atm. nite.
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