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gulagescapee
The wine is made by Guigal not Guigan.
With food, all red meat especially beef, lamb, venison but also Guinea Fowl and other game birds.
There is an Aussie company called McGuigan, that is a very different wine.
I actually had 2 bottles delivered this afternoon as part of an online Tesco grocery shop, just for the fun of it.
And you and all other posters are very welcome to the advice.
Don't forget to decant a couple of hours ahead of consumption.
And no doubt some of them will be back here spouting abuse.
I just feel sorry and sad for them, that they feel that THEY MUST critisise someone who is prepared to share their expertise!!
What pathetic, little lives they must lead!
Have a great weekend,
WT
Good summary this has been too oversold. I expect a nice kick up to our next well test. Good news there and it's back towards and hopefully past 4 p
pawn you quote these figures that have been produced by the company but how much have you made out of them? probably diddly squat.
There are so many in here that are in denial or have little of nothing invested. Smacks too much like it's all about me or they have absolutely nothing else in their lives.
Say it so many times you believe what you are saying is true.
thats why it went from 19p to 1.5 ish
somebody's doing ok from the production , certainly isnt share holders !
good luck anyway .
Well almost right stix.
"Average net daily production (net to Echo's 70% interest) from Santa Cruz Sur for the period from 1 November 2019, the effective date of the acquisition, to 31 January 2020 was 2,481 boepd (including 560 bbls of oil and condensate per day, and 11.5 mmscf of gas per day). Total production from Santa Cruz Sur in the period from 1 November 2019 to 31 January 2020 net to Echo was 228,249 boe (including 51,561 bbls of oil and condensate and 1,060 mmscf of gas). During the period an aggregate of 165 net mmscf of gas produced at the wellhead was utilised in the field for fuel and power.
Between 1 November 2019 and 31 January 2020 there were a total of four cargo liftings of oil and condensate, of an aggregate of 27,082 bbls net to Echo, with an average sales price (including where applicable VAT recovery) of US$ 52.1 per barrel of oil equivalent. In addition, a fifth cargo of oil and condensate, in excess of 15,000 bbls of oil equivalent net to Echo is currently in the process of being loaded at port and is expected to be completed in the coming days.
Delivery of produced gas to customers has continued without interruption, at an average realised price, reflective of the current season (including where applicable VAT recovery), of US$ 2.21 per mmbtu (prices ranging from US$ 1.6 to US$ 4.5 per mmbtu during the period). As is typical of the Argentina gas market current summer gas prices are at a discount to annual averages. The Company expects to achieve higher realised prices in winter months."
and only c.£6.6m mrktcap!
This share never even started !
all hyped on ems 500 mtr coal juice .
7 mill seismic , should be going to the best looking opportunity from survey !
fiona all talk no action
mh no talk no action
dire !
trellis35
O/T
Guigal Cotes du Rhone Rouge 2016 from Tesco at £10 per bottle. Offer ends 24th Feb
2016 is a legendary vintage and this wine will keep until 2025. Very drinkable now and at its best if you decant it for 2 hours before drinking. I have a few cases of this in storage and a bottle, during the week is terrific.
Guigal is one of the Worlds very best winemakers. This is his "worst" wine!! It is far superior than 98% of Cotes du Rhone's made.
His best wines can cost £400 per bottle when released for sale, and there can be a queue around the corner with fans pleading to be allowed to purchase a bottle or two.
This is my house red and has been for a very long time.
I always have a case in my garage lying under a blanket. Laugh if you must, but it works.
I have just finished my last bottle from the 2012 vintage and it was utterly delicious!!
Majestic also stock this wine, £11.99 delivered and a tasting note.
https://www.majestic.co.uk/products/cotes-du-rhone-6234
Traditionally, a claret would be very acceptable. Not tasted this one but from a good vintage.
Majestic Wines. Chateau de Pitray 2014 £13.99 but offers exist.
Again, decant for a couple of hours. If you do not, you will NOT see these wines perform as well as they might have!!
Ideally, a Pauillac from one of the very best regions in Bordeaux would be best
A wine like this might cost £30 - £100's per bottle
For those offended by the O/T then tough.
I post enough ON TOPIC copy to fill a broadsheet newspaper!! lol
WT
Looking at the speed of drill action, with 2nd TA in H2, and the date of MH options vesting realistically looking at 12-24 months here now..Great, that will add to the 4-5 years I've been here now, back draw time for these!!
No not misunderstanding, its just got lost in the noise.
Believe the own 70 percent of this one too rather than the 19 percent they had in yesterdays result?
"Separately, testing operations at the recently drilled Campo Limite (CLix-1001) well at Santa Cruz Sur, are expected to commence, as scheduled, in the second half of February 2020 and the Company will provide an update on the testing operations in due course."
There is of course also a forth line of communication possible - a letter before claim requesting pre-action disclosure of Dr Besser's report to Echo and the reasons for Ms Macauley's removal...just a thought
i thought we were testing 2 wells , and this one was a duster but what about the other one or am i wrong or misunderstanding
Yes you go for it Wizard and while you're at it perhaps you could ask for an end to world hunger and all wars too.
Good grief all this over a couple of unproductive zones.
Good job they didn't report any drop in revenues from present production. It would have been ww3!
-cont-
For those concerned then a flurry of emails to:-
aimregulation@londonstockexchange.com
could do no harm. Financial journalists or even investigative TV programs might pick this issue up.
Even a quick email to your MP might produce something.
Echo though should be looking to instil confidence, and it does not take a genius to work out how that might be done?
We have a PR consultant, Vigo Communications. 0207 390 0230. A barrage of phone calls would be unsettling for them.
There is little point in saying that Echo is in lockdown or apocryphally cannot be reached, when ringing their public phone number, gets an immediate response!! 0207 190 9930 I know that it works, I just called and Julia answered!!
I want to know what lies in the West of Tapi Aike. That is why I originally bought the shares. What has happened so far with these 5 failed wells was the fault of Ms Macauley and Dr Bessa "overseen" by James Parsons.
Tapi Aike is all about CGC and 4 wells.
I want to see this one out.
For those disaffected with Echo, then I have detailed 3 lines of communication that you can use.
WT
I am not going to argue with much that has been said here after yesterdays disappointing result.
But Echo did not operate the failed CLM x-1 well or probably had little input into the site selection either. We only own 19% of the equity in the well, if you wish to blame someone, then the failure must lie at the door of CGC! I would love to take a pop at Dr Bessa, laughingly described as the "Doctor of the Rocks!" Our failure with last years 4 wells must at least in part lie at his miserable door!
The reason that I bought into Echo was for what potentially lies in the West of Tapi Aike. And for me, nothing has changed. The seismic for the West has been done, although I was a little perturbed that they had issues with interpretation due to prevailing conditions. CGC who are paying the lions share of the remaining 3 well drilling campaign would not be spending that money is there was not encouraging data from both the original 2D and the more recent 3D state of the art seismic. We know that high pressure gas was encountered there in the 1970's which led to a blowout. The best drilling prospect in the Eastern Tapi Aike has been drilled and was found to be at best - marginal. I did not invest in Echo to be the recipient of piddly amounts of gas. The CPR did reference several TCF prospects, these will be our next targets in the Wes
I have roundly criticised Echo for not being more open with the RNS's. I don't want exaggerated or unrealistic communication, just straight and honest facts, to an industry standard. They have been reticent as to what the actual income will be from these Santa Cruz wells, I want to know what the real bottom line increase will be? And like many, I am most concerned about the appalling drain on Echo that is James Parsons and his cohorts.
WT
You're right there. I've taken the opportunity to top-up over the last couple of days. The volume of shares being traded each day is very low compared to the shares in issue, so the 30%+ fall is overkill. Some good news on Campo Limite and a detailed update on the workover plan, should hopefully give a bounce in the positive direction.
See what I mean about sentiment. chablard's post is a fine example. Total over reaction to yesterdays news.
Yes thats why I just trade and try never to fall in love with a share. Would say I'd never make a big bet on an aim oil and gas explorer. Can't understand why anyone would do that. That just leads to holding onto big losses.
Still do ok though and funnily enough often on beaten up and hated stocks like this one esp when they got revenue/production thats being overlooked in the heat of the moment.
The next step will be for this crowd to start up another oil company, and then a whole load of present and new pi's will be sucked into that. Guess that is why they are called "suckers".
Rinse and repeat. Loads of money for the the "gang". They must be s******ing behind their Rolexes.
Prawn you nailed it on the head in your second sentence. These loses would be replicated more or less right across the board. but you seem willing to dismiss this.
A corrupt market place.
I don't question anyone's judgment if the market was totally above board and policed correctly.
Someone posted a link the other day well worth a watch but I had already come up with the same conclusions.
No its not frightening at all. Big falls happen a lot with aim oil and gas shares. You could replicate those no's (and worse) right across the board i'd imagine.
Got to say if you put 50k into sound and didn't sell on the way down you shouldn't be investing i aim shares at all.
Seems that sound had a lot that never sold on the way down and would have to question their judgement.
Pawn I'm not sure how much you have invested in AIM shares in total but If I put £50k into Echo shares 1 year ago I was going to get 1,204,820 shares these same shares today are worth £16,870
In sound Sound my £50k would now be worth £3,440
Nothing to do with embellishment just hard facts and frightening reading.
they wont find a thing , with dr of the rocks using his divining rods ?
1 strike you sure about that ?
Agreed, it sounds like losersRus on the board here this morning.
How on earth does one get into a position where they're losing 30k on an aim oil explo stock?
Not sure i even believe someone could be that daft.
Think myself we may be seeing some embellishment by losers on sound having a dig because echo had a noncommercial strike but would never say so out loud.