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Hey Bumle.. matey! Thanks for the sentiment lesson.. appreciated. I found it enlightening when I was reading your posts on
"TLY - RE: 18+ End of the week.05 May 2020 11:37
I think the 30p is a very conservative estimate, I believe this year much higher at some stage ...double it"
Yes that age old "belief" sure fuels the sentiment. So let me explain... some might think they can ramp or deramp this.. some may think sentiment is priced in and it will drop... some think MM's are holding back, dropping us.. others think COILs back.. LMAO.. I really dont care what they think. I'm researched and share what I know and what I think here for others to read and not to lead them. People need to make up their minds and not be lead by myself or others. Period. When I say true value... its simple... you cant argue with cash... so irrespective of sentiment... if we get a cash offer on the PEDL for our percentage that will be reflected as true value right away on the SP.. cash in the bank. So until that offer comes.. I'll have to wait to see what the SP might be.. 1p, 2p, 3p 5p... bust!!. Who knows... until we confirm B1, prove extents and flip it.
We have other assets. Bisc has the ability to be another humdinger. I remember when most felt it was a duster, and I discovered that Graham Bull had taken the samples for analysis.. another good call which turned out to be true. Told me he was convinced in his research and was getting it double checked. Thank God he did. Thats still very much in play and its the reason DB formed the company for and the reason I invested in the initial floatation. Unfinished business.
As for Wressle, cash flow on 200 boopd net to us from 500 boopd eqv contrained (yes I pointed that out to and he can do 710 to 1000 boopd) . Pays the bills and keeps us profitable. We have Keddington and North Kersley due overhauls with more to give. However.. you need a strategy on how you take profit. I've already posted on the 4 levels of SP that I believe will materialise. If we hit good on B1 and flip.. plenty of LTHers will cash in and take profit... what next... they'll wait for a drop and back in for Bisc.. while at the same time projects like Wressle support the SP. Also note that we should have institutions getting interested at 0.32p which gives us the 50 mil MCAP. Just my opinion of course.
All imho Matey.. but I'll wait for the flip irrespective of sentiment or SP at the moment.
As always DYOR.. Mix
Maybe so, but still fun to watch when I'm bored with a coffee and a bickie :) I've been in here since 0.09, sill holding, still reading all of the chat, I learn a lot from Mix, he knows his stuff, but it always amazes me how anyone contributing on here actually thinks it will affect the share price, but yes, there are always plenty who will take notice of b... s... on all of the boards, I just find it amusing, anyway coffee finished so back to cutting grass.
CHECK OUT, re derampers you may well be right who knows but its just the same for the rampers ..all these boards are the same for it throughout. all thinking they can steer the direction of the sp one way or another and its best to take them with a pinch of salt because your own research and the results from the company are all that counts in the end
mixter ...your comment only true value will add to the sp,, your very wrong there matey,, in alot of cases its market sentiment that moves shares on the aim ,hence the value of some of the other oil minows on the UK mainlanf which have had far higher sp in the past and then couldnt live up to it when hardley producing anything if anything at all . and broken promises and delays . well this could happen here too but its far less likely, and by the way back to your comment in other industrys , lots of companys are worth far more in terms of true value to the sp but have not to date been recognized so far
Ooooh, goodie, derampers are back, always a good sign, last chance to buy at these prices, fill your boots! GLALTH
Could have been worse. I could have invested in HMI and halved my money instead of gambling here and doubling my money. Go figure :)
Now you are making yourself look amateur 65jh with talk of a placing needed here.
65jh.. I was taking your post in right up to the point where you mentioned placing.. Then I knew you had an ulterior motive. NO PLACING MATE.
I'd know. I've been in them all. Plus that's our modus operandi. We raise for new projects and there's none coming on line to my knowledge until we get Wressle up and running, and West Newton done and dusted. All projects fully funded. Cash in the bank
Anyway.. Watch this space. I'll either retire very early and well off by Christmas or I'll be back on AIM learning to ramp right ;-)
Gla Mix
big cheese i'm not interested in buying especially as nothing proved commercial. Have to laugh somebody plucking 1p target out of the air!! So it is going to be valued at 200 million pounds hahahalolol. keep ramping and dreaming.
mixster a fag pack calc tells me this has to flow huge amounts commercially to be worth half this price. For sure. I reckon they will need to get another placing away as well. Watch for pre place ramp.
You look like you want a cheaper entry price lol good luck!
65jh.. What makes you think 16% of potentially the largest oil and gas find in the UK in decades is piddly. Seriously.. Do some fag pack calcs just of the volumetics and see what piddly figures you come up with.
I'm not worried about the rampers. The SP can rise and fall.. Only true value will be added to the sp when West Newton B1 turns out good and someone buys the PEDL. That's the sell point for most. Then back in for Biscathorpe.
Doesn't count for anything if we don't nail B1
Good luck Mix
It was fully priced at anything above cash level sub 0.10p so why on earth it is now worth nearly £50m is quite incredible. Hang on a minute aggh yes 'the ramping crew' you talk about below. Just look at the others they did OBC stands out, 90% fall from placing price!! AST disaster. List is endless.
At this price this is valued for perfection. Somebody laughed at me on twitter a while back then realised ujo own piddly amount of the drill. They thought they had 100% of the licence!
Still why let the truth and facts get in the way of a good ramp! This is AIM!
I see a few of the ramping crew coming in over twitter now.. Banding information about that I've shared with this board and investors on twitter ages ago. So some final see EWT isn't delayed, that B1 will be drilled first.. Spud date potentially 1st week Sept
I be honest in my posts and try not to ramp but for any newbies.. Get your research done and know who is who in #UJO
Good luck all Mix