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Thanks Heid, good luck to you too.
As said before like the rest of you don't know anyone one
here from Adam or Eve, if she did good luck , but as with
others on here, remember on twitter a captions with her
holding almost 300% from the lows, so, would imagine
she sliced and traded extra in/out a few times since then
My UJO just sat as a passenger on Friday, although cos of the
early pre rns heads up I did get to slice some out of EDR.
Another faux pas, topped up EOG with it and it stayed flat.
Sorry to disappoint Heid but the spike was just a blip for me
still only sitting around my average.
As for the news stuff , it was on the ITV/BBC tv news and the
papers here's the local one, states biggest since 70's that
would be WYTCH 1973
https://www.hulldailymail.co.uk/news/hull-east-yorkshire-news/uks-biggest-onshore-oil-discovery-3265430
Do you need more Steptoe?
Thanks chrishutch and best of luck to you too.
I do have a trading and investment pot.
Nice one and well done Heid, you bought back in? Or do you have an investment and trading pot?
If passiton did trade the spike, well done to him.
Funny thing was, I had me afternoon nap an woke up just the right point.
Amazing what you can achieve from your soft office.
Lovlee jublee.
Rathlin’s next community liaison meeting will be all about the company placating local concerns about the 3 month construction period over the summer, 6 weeks for the access road and 6 weeks for the WNB site plus the archaeological assessment works. These meetings are not shareholder presentations. The company will be as low key as possible. They want to dissuade protest, not attract more. Idiotic to think otherwise. That’s why the last meeting was mostly negative news concerning lack of energy in the the wellbore and the need for a pump permit. Theyre not there to ramp it. Ha.
If , West Newton is proved up, to be, as has been quoted in
many news and press articles, 2nd only onshore UK discovery
to Wytch Farm, then VERY VERY easily.
This is what we are being compared with and are looking
to prove up with EWT and further drilling.
Discovered in 1973 its initial reserves logged at 30mbls
identified 3 reservoirs 1978. Commenced production 1979
1987 BP took over and reserves upgraded to similar to
current figures for WN. Years later again upgraded 480mbl
2 years ago 12% of Wytch still changed hands for $200M
currently still ranked as elite onshore field in Europe
Peaked in 1997 at field production of 110,000 bopd
Perenco took over 2011 and currently still has Wytch
at 14,000bopd on its website. 1979-now still big.
Now when/if that is proved up
Hands up , all those that don't think this can be sold off with a
very healthy £100m heading into UJO coffers.
Not a chance of a penny. It could go back to 0.3 but will go down well under placing price first. 0.1-0.12 is coming this spring. Nothing happening on WN until the summer now. The market has been played by the partners and the pump n dumpers have mugged off LTHs again. The dump is in and off they go like rats from a sinking ship. I don’t know where the bottom will be here now. I’m out. I sold before the Wressle news landed and posted here when I had. If I were holding still I’d be getting out above placing price while I still could that’s for sure.
Unlikely, too many shares in issue. Could touch 0.8 though.
yes
Anyone think this will hit 1p this year?