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AJW nice to have you back
Nicodemus63.I believe in this share and it will come good soon.Especially now they are taking a percentage of their salary in shares.If company was going under,they wouldn't do this.I think PAT E1 gas well will be the one.
Love your positivity Aztec, keeps me going.
The board is free of seriously negative vibes st the so let's hope it stays this way..
This was dropped deliberately to trigger stop losses.Must be filling an order.
It was an catch up interview with Andrew Scott. There would not be anything new or revealing because that needs to be done the correct way, by RNS. Yes the interview was positive and I know who have bought a few more shares based on that positivity - myself included. GLA
Let's have a blue day.Nothing new in the interview but it was positive.
You Joker you !
Was that meant for the AVCT board ?
We could see 3p tomorrow
He mentions a new well. A gas well. Can’t be the well that’s producing 200 per day as that’s not new. That’s been on Schlums books since 2018. So why say they’ve been focused on the gas but no information on that drill? I can’t decide if this is good or bad.
Also as Heps said no mention of the 3D. Focus seemed mainly on developing the new acreage rather than current. Obviously cash flow is an issue so they see a better chance of a return from the new plot. There would of been some overlap in the 3D I’m sure. Can they do this without a raise? Gas sales are covering bases with small change.
Tell us about this new gas well Paul.
Left more questions than answers. At least it was grounded.
Well that was positive interview , untill the Schlumberger deal has been announced the cards are held tight.
Suspect the review may included other 3rd parties.
Anyway upped this share to 4/5 pence untill further notice , which is still short of my first investment.
Thats the way it goes in investing
I like it when PH says they have a "ready made development plan prepared by Schlumberger" in my basic understanding first there is a discovery, then if hydrocarbons are discovered then there is an appraisal and then a development plan so I would suggest we have some sort of gas 'discovery' that has been successfully 'appraised' by Schlumberger and they have prepared the 'development' plan that we are inheriting. Bodes well for the future ;-)
Hepseal you are right.There is nothing new,if there was he would be in deep **** for not rnsing it first.Its just compared with other interviews he seemed alot more upbeat and positive.
Having read the 26th March RNS, the 7th April RNS and the Annual Report several times over I did not hear anything in that interview that I did not know already other than the output from the Schlumberger well seems to have gone down from 245 BOPD to 200 BOPD as apparently confirmed in the annual report. No mention of the 3D seismic survey.
PH says that the three key events to look forward to are:
1) Gas monetisation
(EPF is not yet in the country and the infrastructure has not yet been completed so unlikely to be before Q4)
2) Completion of Schlumberger acquisition (Not sure how long that will take)
3) Publication of Development Plan (PH says Q4)
Other than the EPF and installation of the gas infrastructure capital expenditure has been suspended.
This interview seems to be just a holding operation in the absence of any imminent RNS's.
Excellent Interview with Paul on Proactive Investor, we should see this SP steadily rise towards the 10p in the not too distant future
https://youtu.be/QBfwz3J2VqM
All sells are at 2.00 everything else is buys mostly under the mid price.
I see your 2 x 12k shares and both show as sells as do my 48k buy which also shows as a sell. How can we comment on buys and sells when we have personal evidence that it's a joke
No just shares but I have a hell of alot. Way into 7 figures
That's a lot of shares if its 12k in pounds.
Just bought another 12k shares.Thats twice today
An AIM oil and gas company that should be cash positive this year. Cracking interview.
The Patty gas side track should wet the markets whistle.
The time to buy is now whilst things are quiet.
MP
PH came across as a lot more grounded in that interview, he seems to of moved on from used car salesman smarmy, and sticks to facts and is somewhat guarded.
exciting next few weeks to come.
Absolutely cracking, hope everyone's taken advantage of current price to average down. I was in various from 7p to 17p and more recently 1.5p.
I'd hoped to claw some back, but after that interview I think a big pay day really isn't beyond the realms of possibility.
Stay positive, staff now need to make this work to keep a roof over their heads. Shares instead of salary are a serious motivator.
There has been 3 sells all day,all the rest are buys