Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Excellent news today and about time. We’ve only been waiting 3 years but now we have a tangible asset that stands us in good stead.
No such problems with Velociraptor in that all permits are in place and the application for an exploitation licence should be more streamlined after lessons learned from block XX.
I am predicting a steady rise until Velociraptor results and then hold on to your hats.
Well done everyone who showed patience and faith that this day would come.
Onwards and upwards Yaks!
Bigbench.
If V1 is a gusher then this rise way more than 40p in my view. Block gets de-risked and we got 4 raptor prospects each with 200MMBO recoverable
There is defo Oil in Block V as confirmed by Snow Leopard which had presence of oil but seemed to have migrated through the traps towards Raptors as per 3D analysis. This is going to be mega. Block V alone probably sitting on more than 1 billion barrels. Heron and surrounding prospects in Block XX combined sitting close to another Billion barrels.
MATD could potentially be sitting on circa over 2b barrels. This price will no where to be seen.
Please guys, don't spoil it
This is a really happy day.
Just enjoy.
Bad sport? I said Fair Play to WOS for his 9th July prediction. Don't spoil the mood Ojay, its a happy board today. Our biggest obstacle has gone.
Be happy as a certain poster would say.
Workover is just a 2 week job.
We are gonna hear lots of good news now.
RNS will be rolling.
12p fair value untill production of heron oil
Velociraptor is a bonus here, LP has opened up heron productions wait for drills and production and this will be 20p
C&C: What a bad sport.
BTW: I don't remember calling you an idiot - but maybe you are one.
GL
Just remember that the whole market is down today!
This is just a start guys.
Big thanks to MB that finally delivered what he has promised us.
Booooooom.
I'm looking forward to V1 update Master82. Today's RNS has set the tone. The next positive RNS will completely set the tone for a massive re-rate. Can't believe people are selling for peanuts, but each to their own I guess.
If velo result was no good I wonder if effect the SP?
Less than a week to go before Velociraptor-1 results
Ojay back in April/May, when posters were saying LP imminent and I said SPC won't arrive until July earliest, you called me an idiot.
Fair play. WOS got it right in the end with the 9th July call, but you've no room to crow.
Not sure all the praise for Wise Owl is justified . After all even a broken clock is right twice a day
Anyway congratulations to all for holding their nerve. Going to enjoy a Sagres or 2 in sunny Faro today .
Onwards and upwards and hope of another strike next week .
After this trading day there will be a couple of losers....don't need to name them because they know exactly who I mean. They may not have lost money (under the proviso they were invested they made money or reduced their losses) but they've got a huge problem making themselves credible again. I wish them luck!
As for those like me who have been sticking to PM for more than a decade: Congratulations for holding out! And - vofore selling: Wait just a bit more - You ain't seen nothin yet.
Have to be realistic, 10p+ not happening today. But I hope it happens over the next week once the market fully realises. There should be plenty of downside protection now and it’s time to enjoy it and relax. I’ve just asked Pedro to get me another beer to celebrate.
WISE WOS is the hero here.
also thanks to iamrich and master.
Great job guys.
We had a short pause as 1.5 sell gone through.
Up we go again.
10_12p today/tomorrow.
The future looks bright now going forward.
The trading day is young but I can seriously imho see 10p in the next couple of trading sessions.
A successful drill and who knows gla
Earl, I'm not talking about MATD
Your average on the company you're attempting to cross ramp? GBP.
Crawshaw
my average was 2.5p on Matd
sold out when it risen a while ago.
However you Lth done well
Nanny McFee?
'When you need me, but don't want me, then I must stay'
'When you want me, but don't need me, then I must leave'
And then off he flew through the starry Mongolian sky. His work was done.
I think it will break atleast 7p today and continue ...
Thornogson.
Thanks mate. Got ya. I am in mate.
You have to respect Wise owl 🦉 he had so much trown at him but he was here everyday .
Vikinglass: How generous of you to "allow" WOS to go shopping.
Before I go next time I'll be sure to ask you in advance ;-)