The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
''One of the key geophysical advantages, and reasons for recognising Sasanof as a significant play, is over 20 wells in and surrounding the Equus blocks have been used to calibrate the Glencoe 3D geophysical response. The data is now considered of excellent quality.'
As HFB quotes, ignore everyone bad look after your targets.
If this hits what SP are we realistically likely to see. 1p, 3p, 6p?
Someone mentioned taking out at 0.7 which I thought was low!
init
go one better , for all newbies , the sage of omagh , me old mate NED
Ignore EVERYONE, including me, set your own targets and if you achieve YOUR targets
you can not be disappointed , no matter what happens next.....
warreN EDward buffett.............greatest investor of all time........
says it all , do your own research , trust your own judgement, set a target
and the last bit , if it crashes or booms again, oh well
:)))))))))))
Thanks for your posts today HFB, very informative.
Postman..... Anything around 0.7 and I'll take most of the table and possibly leave a little for results.
Hope my plan works out but this aim as you know.
GL
hoping for big one
Twistedgenius what SP are you hoping for?
One before I go , low end is big, top end is mouth watering............GLA
The Sasanof Prospect covers an area of up to 400 km2 and is on-trend and updip of Western
Gas’ liquids-rich, low CO2 Mentorc Field. ERCE estimates the Sasanof Prospect to contain a 2U
Prospective Resource of 7.2 Tcf gas and 176 Million bbls condensate (P501), with a high case 3U
Prospective Resource estimate of 17.8 Tcf gas and 449 Million bbls condensate (P101),
Western Gas said.
Western Gas has previously said that drilling costs were estimated at US$20-25 million.
The Sasanof-1 exploration well is located in permit WA-519-P in Commonwealth waters about
207 km northwest of Onslow, Western Australia. Sasanof-1 will be a vertical well and drilled to
a total depth of approximately 2500 m in 1070 m of water
:))))))))))))))))))))
Its a quick one
The final two delayed from today , look like a buy and sell offsetting each other
2m 0.43 sell and 1.96m buy 0.45, again late ones from today , lower pounds and
volumes.........getting a good feeling about a FOMO Friday rise, that will stick,
news in the morning or not.
OZ board had Thursday ,so fingers crossed it's RNA on the ASX and our copy and paste
over the rns news wire , promptly in the morning...............GLA
:))))))))))
manyana bananas
yep just one from yesterday printed for just £67.5k, that's a very sharp drop
from the past two weeks most well over £200k and this weeks high of £333k
Looking good , almost clear or on pause for a result.............GLA
:)))))))))))))
Not that many big sells compared to previous days and weeks.
Hopefully it's done!!
Brakes off in the morning.
I'm not going to comment on that except to say your posting has been refreshing calling it out the way it is rather than the rampety, ramp ramp. I don't post much as pointless as these boards are exactly as you describe them. I wish you well with this one :)
Battle post recommended
especially the last line , as it is...........GLA
:))
Oh no mate don't be shouting to defence, these boards are full of filth as it is, lets point one out.....
Ramped 20 times a day, protecting capital? never said? two weeks of silence for this ludicrously undervalued stock.
Now bought back an ready for some ramp action, as I said, let's call out rampers and liars for what they are, nothing about the prospects, I hold, but lets call out the rampers who you should avoid. An PHOEBUS is one, an absolute must avoid, ignore all posts from PHOEBUS and read their history, pump an dumper, proven.
Maybe he just realised there wasn't time for the placing shares to clear and they'd be selling hard to clear as much as possible before spud. That's exactly what I thought and made a few quid that I might put back in. Just protecting profits.
Phoebus has finally been snagged, one of the Dudley Boys.
I still believe personally CLON has great merit.
I encourage all readers to read PHOEBUS history. This poster was here at CLON how it will moon 2-3 weeks ago at sub .4 and has not been seen since .7......
PHOEBUS is obviously a great trader/liar/snake...
but i am happily pointing out this to newbie investors to NEVER believe a word PHOEBUS says.
C'mon Phoebus, let's have you called out on these boards properly!!!
I was here 3 weeks ago when you were posting, when the price was sub .4...........how it was ludicrous.....an posting 15 times a day.
We haven't seen you since the spike to .7.......
You are ousted mate, your credibility is shot to pieces an i encourage anybody who reads any post by the poster PHOEBUS either here or anywhere on the boards to do so with a pinch of salt.
were you buying more? internet cut off? gathering ramp info with the dudley boys?
to be clear, i hold here, but this individual need calling out publicly, people like this are robbing pi's!!!!!
for those not clued up......PHOEBUS ramped it 20 times a day at .4......went quiet at .7.......said fcuk all since and now its the best propect evert at .4
be wary of PHOEBUS
Phoebus where you been?
word of warning for all investors.....this person pumped 10-15 times a day up to .7 an has been nowhere to be seen for the last 2 weeks. This pumper sold out whilst spouting the same lines. Bookmark this name, For Future. A true pump an dumper.
Sold out an now back to pump it.
you are correct Pheobus as usual , did comment on , when others calling we might have
44mboe
which should have been higher at long time industry standard (unless I missed the memo)
to change from 1 TCF = 170mboe
Plus the condensate (price premium to oil normally) to add also, so was looking at both
combined a bottom end for us of poss 100mboe and top end 400mboe+ , based on that
17.8 plus a possible 1.2 billion barrels of condensate.......big numbers........GLA
:)))))))))))))
Nice post Battle - interesting to note the distal location of the two dusters
Excitement here must be close
Hello Pheobus, Yes i think the lower figure is the correct one, although i think this still equates to a potential end game 30+ bagger if we hit the P50 amount. Also maybe of interest to you, the 2 dusters drilled are not near Sasanof, they are towards the north east of the equus block (just google dry well/ holes map). Also Western have 4 finds to date in the cretaceous, although I cannot find out if the 2 dusters were in this layer or another. Overall this looks as good as it gets for oil exploration.
Has anyone confirmed the number of barrels net to CLON at Sasanof-1? I was under the impression that as per the CLON acquisition RNS, Sasanof was 7.2 TCF gas plus 176 MMB condensate (P50), which equates to 1,376 MMBOE, and that as a 10% stakeholder CLON's share was therefore 137.6 MMBOE.
https://investegate.co.uk/clontarf-energy-plc--clon-/rns/acquisition-of-10--of-sasanof-prospect/202205090700056935K/
However, page 3 of PRM's May 12 news release states that although Sasanof is 7.2 TCF plus 176 MMB condensate (P50), the proportion net to the WG519 licence in which PRM has a 25% stake is only 4.131 TCF plus 100.4 MMB condensate (P50), which equates to 789 MMBOE (P50). This appears to be due to some of the prospect lying beyond the licence boundary as confirmed by the accompanying diagram.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02520989-6A1091459?access_token=83ff96335c2d45a094df02a206a39ff4
As far as I can tell it looks like CLON has also invested at the same licence level as PRM, which would mean that CLON's share of net barrels would be 78.8 MMBOE and not 137.6 MMBOE (P50). Can anyone confirm which is the correct figure?
Nevertheless, even at the lower resource size the current market cap equates to only $0.50/BOE risked (P50) which still looks cheap compared with other recent and pending drills.
Making my 10 bagger look quite conservative eh - I really don’t think people have taken on board the significance and life changing potential in this stock. The MM have hence more joining the quotes and trying to make a market for themselves - how much longer do they have to mess around - not much time the book will be flipped under huge buy pressure today - yesterday was a gift for people - MAKE YOUR POSITIONS NOW - we’ve already been in the 80’s this pullback is completely fake and we will go over 1.00 in anticipation of Monday - watch this space!
IMHO DYOR GLA BUYTHEDIP
Setting your sights low mannnan.
I though he was DeRamping