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Another few %. L74 you are indeed fecked, however someone buying in less than 1 month ago has seen a 30% rise. All about timing :)
given that many need a multiply of 100 here to get closer to break even, 21% is not even worth considered to be a pulse ;o))
by 21.43% ??
Some lively dead duck!
it will be done by then ....
I have no hope for this.
I’ll take another look in a couple of months :)
Don't think anybody turn the lights on to be honest
Last ones turn lights off ...end of tunnel cancelled
Following that train of thought, UKOG are due to increase revenue from HH. I recall DOR took shares from sale of their previous 6%, add increased income. Not much, I agree.
Due to the ongoing situation the light at the end of the tunnel has been turned off. ff
The Company currently owns a 4% 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.
Dor will flog its hh shares then go bust
DL? He wont fit under a stone, not even a rock.
He is sitting in one of AfriAG's cannabis field with his big fat toes up, flying high and enjoying life and his financial enrichments through REM/ KDNC and DOR
wasn't aware the lights had been switched on. Anyone any idea which stone that twt Swindlegas has crawled beneath?
Off
As predicted in March/April.
So no jam left to promise. £1m in cash to pay wages and biscuits for the next year - we don't want the bod to g hungry. Seemingly unable to raise cash on ASX.
is that a fat lady warming up next dor?
Rey Resources Limited (“Rey” or the “Company”) (ASX:REY) announces that it has terminated the
EP487 Farmout Agreement with Doriemus PLC (Doriemus) (ASX:DOR) as the condition precedent to
raise sufficient funds by 31 July 2019 to undertake the farm in work on EP487, has not been satisfied.
https://hotcopper.com.au/asx/dor/
Guys,
You have all been great, thank you.
Sujood
Before investing in any company it is advisable to do lots of research. If you read back through this LSE chat board over the past year you should pick up some helpful info from investors who are all down on their investment.
DOR chat on HotCopper should also help you with your investing:
https://hotcopper.com.au/asx/dor/
Only invest what you can afford (or expect) to lose is probably the best advice I've seen on this board.
Hi All,
Sorry to bother you all but I am new to this buying and selling business and was wondering if someone can tell me how I should buy in this company from the UK? I cannot find its correct ticker symbol or find it in the London Stock Exchange.
Many thanks
Amazing post, I take it now is the time to buy with DOR?
How long does one expect to wait before the prices go up?
ASX / Media Announcement 2 August 2019 Market Update on Horse Hill Production
Doriemus Plc (ASX: DOR) (“Doriemus” or the “Company”), is pleased to announce that it has been informed by the Operator of Horse Hill-1 discovery well on the Horse Hill licenses in the UK (Horse Hill Developments Limited, the “Operator”) that, total aggregate Portland and Kimmeridge test oil production from the Horse Hill oil field, now exceeds 60,186 barrels (“bbl”) of light, sweet, oil.
The Operator additionally informed the market that in preparation for the late summer start of the Horse Hill-2/2z (“HH-2/2z”) Portland drilling programme, the testing of the well has been switched from the Portland Reservoir to the deeper Kimmeridge oil pool. From 6 July 2019 to the current date, the Phase 2 Kimmeridge test has produced a further 5,524 bbl’s of Brent quality oil.
Kimmeridge oil flow was re-established at initial half-hourly metered rates of up to 332 bbl of oil per day (“bopd”), with continued stable production of dry oil at daily rates of 200-266 bopd. Total Kimmeridge production to date, now exceeds 30,618 bbl with no apparent produced formation water. Following a 5 month shut-in, flow rates and flowing bottom hole pressures appear more stable than during Phase 1 Kimmeridge testing.
Prior to the Kimmeridge production switch, which was necessary for the safe drilling and coring of HH-2/2z through the Portland reservoir, total aggregate Portland production reached 29,568 bbl, with HH-1 continuing to produce Portland oil at a stable rate of over 220 bopd. Kimmeridge test production is planned to continue throughout the planned drilling of HH-2/2z except for potentially two short well shut-ins to enable the moving of oil storage tanks and installation of the drilling rig. The drilling rig is now scheduled to arrive on site following routine servicing after the completion of its current job.
The operator has stated that preliminary analysis by the operator of the final Portland pressure build-up testing, indicates that the Portland connected oil volume accessed by HH-1 has significantly increased from 7-11 million bbl to 11-14 million bbl. Horse Hill 2018-19 EWT Oil Production Milestones announced by the operator: • 60,186 bbl aggregate Kimmeridge and Portland oil production; • 29,568 bbl total Portland production; • 30,618 bbl total Kimmeridge oil production; • No discernible formation water produced from either reservoir; • Stable Portland test production has continued to prove more oil in the ground; • Kimmeridge flow resumed at more stable rates and flowing pressures after 5 month shut-in
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Doriemus Plc interest in Horse Hill:
Doriemus now owns 4% of Horse Hill Developments Limited (“HHDL”), which owns 65% of the two UK onshore petroleum exploration and development licences being PEDL 137 and PEDL 246, which hosts the Horse Hill oil discovery in the UK’s onshore Weald Basi
Cpt. my thoughts were that this would not see the year out before being wound up. Maybe in my old age I have become to downbeat. Certainly the DOR experience has been excruciating mentally and financially, I did know this was a very high risk and was profits from a nice earner, but didn't expect to be shafted by this crowd.
If it's 6months or 12 months we have lost our money. Don't like to lose hate this situation.
Good luck to all long termers.
sujood - any money you invest in DOR will surely be lost. what exactly attracts you to dor?
we probably all got in because of kimmeridge jam - billions i tell ya!-- but that doesnt look like it is going to happen
The company has cash of £1m - which should pay wages and tea and biscuits for a year.
brockham - looks like being a duster that angs will try to fob off on someone else. not sure who unless there is something very underhand going on
suprise surprise greenland scam has not progressed - but that was never the intention was it?
butler - this was the possible jam tomorrow play - however the deadline has gone with no sign of DOR being able to fund it - not really a surprise. Rey have been struggling to sell this project for awhile. but surely they must realise funding isnt going to come from dor. dont see much point them extending the deadline
kora - one well is a duster and the other was given up on 20 years ago
I am not sure what the story is with keith coughlan - friend of dor(othy) / lenigas ..lol...or just in for the pay check? ....a quick research doesnt show him involved with any companies who have made any money over the last year.
One year from now I suspect we will be wound up .
… ASX / Media Announcement 1 July 2019 EP 487: Extension of Time
Doriemus Plc (ASX: DOR) (“Doriemus” or the “Company”), announces that in accordance with the farmout agreement for EP487, it has agreed with Rey Resources Limited to extend the date on which Doriemus must provide proof of funding to drill an exploration well to an agreed depth on the EP487 License from 30 June 2019 to 31 July 2019.
Doriemus is continuing to evaluate a number of different funding options available to it, in order to endeavour to achieve the relevant funding required to drill the well on EP487.
Pretty sure you get another opportunity to purchase low.
This little spikes here usually don’t last longer than 24h and than it slips back down over the coming days