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111 baker. looking at DLs portfolio, I am feeling like someone who had a multi million company ones, but can only sell it for scrap now. DOR, KDNC, SOLO, also ....
I think you are right re Lithium and Cannabis but I am NOT touching anything that involves DL as a director as he cannot be trusted, but good luck in your investments.
https://t.co/iQniwaYz8r
Think big.
Think strategically.
Think like someone who has built a multimillion dollar company from scratch and seeks new worlds to conquer.
DOR is central to Kimmeridge oil, funded to pay it`s share of octopus drilling of a wide area within the Weald basin.
Cadence is placed to provide the essentials for EV vehicles and will be in demand within the next 5 years.
Cannabis is becoming more acceptable throughout the world.
DL is keeping a low profile, so perhaps lessons on p++sing people off are being learned.
Invest in Weald oil, then switching to lithium in 3 years time is the way to build the price of a car into the price of a house.
#
Well I suppose anyone buying at this price may make money as they are a fraction of the price we all paid in the U.K. 400 to 1 dilution then total collapse of the share price from there. When they are are 300% up we will still on average be 600% down. Nice one DL.
DL has jack s@*&
Same as he said the ASX move will make all the difference as his big boys are lined up. Appears his big boys are small mice with only pocket money that didn't like rotten cheese. He is a salesman, he sold it and has moved on.
I am astonished by the crowed that's still following him on his now weed trip ..... one day they will wake up as we did concluding it was all just hot air .... phuffff
Nope. Cant imagine how he found anyone gullible enough to invest in this dog of a share.
30/10/2018 on being asked if DOR had enough money DL tweeted "I got plenty of internal money available for what we need right now."
03/12/2018 Doriemus raises $308,750 @0.065.
July 2018
Asked if Angus had permission for more drilling, Mr Vonk replied:
“There is planning permission in place for a total of six wells. Those six wells can all be developed in the future.
“We don’t want to have more sites. We want to achieve the maximum amount from the Brockham site. You can drill from there, same as like the North Sea, it is a small platform but you can access really a wide and larger area. They have a word for that, it’s called octopus drilling. That’s something that we can deploy at Brockham.”
DOR is targeted at Brockham with an initial 10% participating stake, the expenses will be restricted to the development of Brockham.
Interactive Investor offers on line dealing for £20. At present it will multibag [ugly phrase] just getting to where it was on aim.
DOR on ASX
Wednesday 28th November AU$0.076
There is under the radar and there is buried under the earth out of sight.
yes and an amazing 72 tankers have left Horse Hill
how many for the Kimmeridge 4 layer ??
And then Brockham Kimmeridge
which could be better
... if DOR is still a listed company by Easter 2019 is my opinion. Nothing happening with this company, DL all shy and quiet even though he sucks money as the chairman and whilst its on ASX it sits on its death bed ....
To put meat on the bone why Doriemus will outperform all of the Weald producers, here are the figures from the official website- some details seem incorrect, but overall it paints a picture of PRODUCING companies [UKOG have several months of testing production yet bringing in £millions].
A commercial Portland and a staggering Kimmeridge means huge returns in 2019 and for decades after.
Doriemus Plc has acquired an initial participating 10% in United Kingdom Production Licence PL 235.
The Brockham Oil Field is located on licence PL235 in Surrey, southern England. The field was discovered by BP in 1987 with the drilling of the Brockham-X1 well. The field currently has average daily production of approximately 35 bopd from the Brockham-X2Y production well.
Key Facts:
10% working interest
Located in the Weald Basin
Operated by Angus Energy who own 55%
Acreage covers 8.9 km2
Mid-case (Xodus CPR): 2.8 million barrels of oil (gross)
The Company currently owns a 10% interest in a special purpose company, Horse Hill Developments Ltd, which is the operator and 65% interest holder in two Petroleum Exploration and Development Licences (“PEDL”) 137 and 246, in the northern Weald Basin north of Gatwick Airport.
Doriemos Plc has a participating interest in the Lidsey Oilfield (“Lidsey”) in West Sussex of 20%
Highlights
Lidsey currently produces 22 bopd from the Lidsey-1 well, which has been in production since 2008.
In March 2014, the Company announced that RPS had independently assessed that, as at 31 December 2013, the Lidsey Field contained 9.52 mmbbls (gross) of P50, or best case Oil In-Place. The planned infill well is thus targeted to recover similar or greater volumes to the Lidsey-1 producer.
DOR on ASX is under the radar, the individual stakes may seem modest, but they add up to a solid chunk of a gargantuan cake---hold on to your slice!
DOR will come good! Still the same old promise, seen it all, next day, next week, next month, in 6 months, and even next year. Still waiting.
But the fact is, In probably 5 years down 90%+
Still see the big promises.Good luck to all fellow long termers we have heard it all so many times.
Angus 65%------
Terrain Energy 10%, Doriemus 10%, Brockham Capital 10% Alba 5%
Doriemus`s 10% is an operating interest in the Brockham field.
This shows DL`s expertise in planning- Brockham is isolated from any villages, surrounded by fields only with a
vigilant Farmer warning off trespassers. It is ideal for octopus drilling of the combined 25sq mile oil site.
A pipeline to a rail spur delivers the oil unseen to the refineries, ensuring a low profile.
In the film industry there is a vast difference between gross and nett points in a film, nett points after expenses can dwindle to zero even with a blockbuster with creative accounting, while gross points is a chunk of the takings at the box office.
Doriemus` 10% operating stake is from the returns of Brockham with 6 wells each [and lets be modest] producing 500bopd.
Common in the North Sea, octopus drills of up to 20 miles augment the neighbouring oilfield drills.
Doriemus will punch well above it`s weight if the Kimmeridge produces as we think it will.
is this the dutch bloke who couldn't get production out of Brockham? wrong mud...etc etc
also couldn't sort out permits properly?
dont think he has shown himself to be a shining light.
meanwhile down 92.23% in my £10k dor "investment"
When UKOG, Angus and Europa merge to form a 25sqr mile plus site straddling the sweet spot of the Kimmeridge, there will only be one CEO, and Dutch Clinker built Vonk seems best for the slot.
SS is aware of the posts DL can offer, heading up Cuba oil field once tempus fugit sweeps away the Castro brothers.
The IOW, and many other sites in the UKOG locker due to be developed.
The sp of UKOG is static, and not having shares simplifies matters, perhaps this clears up the mystery.
It is all coming to a head, the next months will reveal the next chapter.
There is a view that you don't invest in a company if the person in charge won't put skin in the game.
ON checking I find only Kiran officially has shares in UKOG.
It has been commented on that SS has no shares in UKOG, but I mistakenly misread that SS had been granted options earlier this year.
23-Oct-15
Notification of Holding Kiran Morzaria 4508178
It is a mystery, yes the wages are good, but he is sitting on an oilfield find that matches the North Sea.
George Martin [the fifth Beatle] comes to mind, while the Beatles made millions he was on company wages only.
Good response and I've read the comments with interest and been following progress for several years now.
Agree with and encouraged by all you've said. One query though. Have I missed something? I didn't think that SS had invested yet. Educate me if I'm wrong. I knew that DL bought some UKOG earlier in the year. Certainly looks good from here onwards as the oil keeps flowing.
Hope all here have a good week. N
On ASX DOR dropped to $ aus.09---when first placed on ASX it was $A.67--we have seen a similar drop on aim, but with the news it has recovered, it should be circa $A.30.
DL is a planner and earlier this year he crowed on his twitter site that `he loved it when a plan comes together`.
He has set up a twitter sit Doriemusplcoil--but it seems frozen since launch.
Then he announces [on fool on hill] that he has thousands, but nobody asks.
At the end of the day he is only a fellow investor, albeit an innovator and knowledgeable one, but only with the power to advise-not direct.
The Kimmeridge has startled all with the sheer enormity of its discovery `hiding in plain sight` one poster said.
IT has altered the prospects of SS and Vonks out of all recognition, no longer are they minnows eager to listen to big Dave as he guides them to gather into a reasonable size company,
They can make millions and remain independant.
Loyalty and knowing DL has put them in this position [SS had no shares in UKOG till this year.] may keep them from
rejecting his plans, I hope not.
Patience is a virtue--one tells oneself, the find is almost derisked, the oil price is rising, and the UK could do with a fiilip in these tumultuous times.
Brockham, like Christmas lights all over the country, will be switched on `in the next two weeks`-Vonk.
Some will take their 30% profit from the placing, so understand the drop on monday, and buy in.
When first driiled, they must have had a little peek [shhh] so oil is there, still a risk though- it may turn into a dribble at the end of the first day.
And with that happy thought I wish DL succeeds and that his plans unfold.
I was interested that it said currently further down with other assets it doesn’t
10% of hhdl, which has 65% share of hh
Yes the staff cost outflows look a bit lower than previous months - not clear why this is the case
It’s pretty opaque as to how income from the wells gets delivered to dor - given the bank balance as at quarter end there isn’t exactly a lot of wriggle room if costs are high or income lower
Says
Négative staff costs . Also with the hh ownerships it’s days currently 10%
Anyone else think this report doesn't look right ?
http://www.doriemus.co.uk/wp-content/uploads/2018/10/20181030-DOR-Quarterly-Reports.pdf
Estimated cash outflows for next quarter ??!??