Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Pa @ attisog.com
Some interesting articles i found: Looks like we might have hit the JACKPOT boys !
https://www.streetwisereports.com/article/2018/04/24/new-oil-development-in-texas-panhandle-showing-results.html
https://www.naturalgasintel.com/articles/108871-texas-panhandles-red-cave-formation-eyed-for-exploration
https://www.oilandgas360.com/molori-commences-sales-of-oil-from-red-cave-further-demonstrating-proof-of-concept/
https://www.streetwisereports.com/article/2018/05/08/brand-new-oil-play-in-this-overlooked-texas-region.html
does anyone have PA's email? Seem to have seen it on this BB at some point, but couldn't find it
Glad to see that some of the (shockingly) hateful posts of last night have been deleted! Just a tad embarrassing guys (you know who you are).
Anyway... is there any brave, or stand-up soul, with an answer to the Net Revenues question?
helpful - and when they don’t get any oil out of it and sell it on and get the next turd of a asset you’ll be spouting the same bo11ocks again.
.062 to sell, that tells you what the market thinks of the current state and this new asset that will pull this out the shyte.
when do you expect we will have clarity on the net revenues position of the company?
*reins
TB and PA are in the driving seat on this. PA is invaluable on the MOU/NDA/JV/IDC side of things. He knows all about the structuring, the law and what these IDCs are worth. The last thing that TB and PA want is anyone upsetting the apple cart just now. TB knows all about the Red Cave, he has been looking at the Red Cave side of things for over a year. Lets just let them get on with it and see what happens. If they can bring the MOU gig to a successful conclusion we will be in a better place.
Do some research on the Red Cave and who has been drilling it and why. It is not a world beating play but it is a play that can be managed from Borger, we can make decent money on and build a proper business off the back of it.
One big upside on the Red Cave acreage is that the lease premiums are not huge. We can start picking up decent acreage for not big money.
DYOR
DYOR
Well in that case Sinbad lets both hope that in a few weeks time we are congratulating ourselves on how clever we are to be holding AOGL.
For you to vote anyone in you need to own some shares. Best get your wallet out and start buying if you want to have any influence.
Sinbad, you spend too much time listening our little friend.
1. There is no AGM/EGM to vote in
2. Both PA and TB want him in place
3. As I have said repeatedly on here, CW will be CEO until such time as TB and the rest of the former Attis want the situation to change.
4. It is arithmetic, before the Attis/Mayan merger I had a say in enough votes to have an influence but the Attis/Mayan merger diluted everyone. I don't have control/influence over enough votes to vote him out or anyone else out.
5. If Attis ends up taking the MOU forward and we end up with a JV (it might happen or it might not) then I think the board might change a bit.
6. As the company gets bigger post JV/progress on the Red Cave there will come a point when CW will go because the board will need to reflect the then current position.
DYOR
PS your best mate Mr Boy appears to be having an "episode" on PFP you might drop him a line and cheer him up.
Ok Sinbad, I will play.
What is the current monthly revenue on the well service contracts?
Who do you think the JV MOU is with? They have 25,000 acres in and around Borger/Amarillio but how big are they? Do they have more than 25,000 acres, some of it outside Borger/Amarillo? How many producing wells do they have in the Red Cave? How many producing wells so they have in total?
What would be the basis of the JV, who gets what, on what basis and for how much? What would be our operator fees, our well serving fees and our NRI?
I look forward to you responses.
Thanks
Egtp, funny you try to blame me for the company’s problems but I believe everything I said came true. The problem isn’t me, the problem is that worthless incompetent idiot that won’t stop sucking the life out of this company. Little charlie should be wearing a visor flipping burgers at McDonald’s. He has absolutely no business as “CEO” of ANY COMPANY. He’s your problem, not me. If you’re too blind to see it I’m sorry
Hey Sinbad and Squirrely - appreciate the constant input very entertaining at times ! but i think most of us would love to mark you both as strong sells - but don’t want to be mis-understood
In the meantime congrats on the deramp campaign again today - appreciate being another 10% down doesn’t matter - but it maybe does to others ?
But for me Is there anyway you could please continue this good work so I get some even lower top ups 0.5 / 0.4 would be fantastic in the short term - all you need to do is keep pushing the utter clueless poorly informed rubbish
thank-you in advance :-)
Charlie wood is nothing but a parasite. Attis keeps losing value and he keeps diluting us just so he can pay himself.
Little charlie I hope you’re reading this, CONGRATULATIONS ON BRINGING THE SHARE PRICE TO YET NEW LOWS!!!!! You REALLY deserve the shares you paid yourself!!! I actually think you got underpaid!!!
Not really.