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Whatever JonesRichard is on. I'll have some. LOL.
For the ones that are say todays RNS was stuff already known then it makes no sense why the sp increased by up to 45% at one point today.
At least there is a road map now for the sp to be beyond 1p presumably next week, will be interesting to see how high the sp rises in AUS Sunday night!
Lol.
And then throw it out the window
All’s good again lol
Sounding a bit salty Gordon. Don’t worry you will get many opportunities. Probably again next week so don’t go shouting stop stop there’s a bomb on the bus just so you can get on it.
I agree Gordon, we knew this news already. I know what you mean about delays. Although the wells being brought back up to production don't need any permission or the ratification from GOI. And I understand the wells being blocked for so many years the pressure build is immense and it needs a bit of work and the right people.
Sorry, meant to address that to Mrmolla. Atb.
Fair enough Jasper. Let's hope so. Don't get me wrong, I am still hopeful in the longer term. Its just at the moment it seems like the same old Oilex, with delay after delay. Completely baffled as to why people were so excited about today's non news. Atb.
Gordon, when I spoke to Roland he said they are aiming for a good flow with the work on the existing wells. If they get to 1mcf flow on both would be great result.
Only just seen the rns, as been out of touch in Cornwall all afternoon after a cracking pub lunch. Can't believe it's gone up 25 % on either neutral or negative news. Agree with you there Espen.
We already knew they were restarting the two Wells, so nothing new there. A positive is the workover on 77h, which hopefully will improve the flow rate.
A real negative is they are not even drilling the new Wells until the second half next year. What the hell are they going to be doing until then? I remember getting a lot of stick back in April when I said drilling wouldn't start until very late this year or early next year. Lol.
Finally, we are told we are abandoning the Irish Sea licence, which many thought would make a lot of cash in the future.
If I had been in the loop today, might have done a Conger and got out near the peak. Well done by the way Conger.
Let's hope there's more news coming soon about Roland's master plan, which will give us a boost. In the absence of that, the sp will drift down again. Gla.
Still only 14mill we could see a steady rise next week in theory as we get closer to producing and ratification
But who really knows with aim
I think the hard rise killed the momentum a bit. It went from .20 to .28 in 10 mins. If it had gone to .22 or .24 for a bit you probably would have had a more consistent uptick.
It was hard to buy. Only hours ago
Next week
Will be much higher price
Game on.
In anticipation of the Government of India's (GoI) ratification of the Acquisition, the Company is advancing the various steps needed to recommence production from two wells (C-73 and C-77H); a further update will follow soon.
They must have had some communication with India ratification.