We would love to hear your thoughts about our site and services, please take our survey 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.
Glad we are 3rd. Had to rush into a meeting last minute.
We are 3rd on unfortunately
MrBond007
Investor presentation tonight at 6pm on LSE South East.
Best to register now and listen in. Takes a few seconds to register.
Im assuming that Shell's and potentially other Western company announcements regarding boycott of Russian oil will not be supported by the Chinese. Perversely, they might benefit from purchasing Russian oil at a cheaper price?
Hi guys,
What’s the story here? Saw something about 6000 barrels/day and first oil 2022. Is this likely? And how big are the costs?
Thanks.
Mr Buck with oil at $128 and rising it's time you pulled that digit out of its current residence.
If you can't get this moving in the current climate then clearly not up to the job.
Can't say tonight fills me with excitement but you never know he might finally pull that rabbit out of the hat.
"Russia has declared another ceasefire and says a string of humanitarian corridors have been opened."
Aljazeera.com
Good to see the derampers are in full force today. Nice try!
There is not going to be any revelations tonight from Mike. Just a general update of the timeline perhaps a little detail around JV discussions but probably not much. For those that have been here a while Mike has constantly under talked and over deliverd, against some very strong headwinds. MMs love any weakness so they can accumulate more shares from sellers who get spooked by ridiculous assumptions on this board.
Hopefully if nothing else comes from tonight's presentation we will be able to get an understanding of what 66 million barrels are worth to the company with oil above 100 , jesding for 150 a barrel and what intrinsic value per share this represents. This figure alone will be multiples of the current share price.
If we get the DQE deal done and then go after Velocoraptor with 10m in the bank. This is going only one way, and quickly IMHO. Don't be fooled by the usual suspects doing there best to exploit the prices.
Interesting to see what Mike has to say non the less and look forward to tuning in.
if no drill this year then down to 2.5p Its the fear this may be the case hence why the current share price is what it is, so risk v reward is a drop of 1-1.5 p to upwards of 20p
Also the increase of deramping on this board has been very noticable of late, Could they possibly be wanting a cheaper entry?
No just being realistic on this year's course of events
I agree, A huge test ahead this evening for MB, The BoD have been way too slow to get to production. He needs to persuade investors and institutions he and the company are committed to first oil this summer.
We are still being held up by placing sells and not enough buyers at the moment who i would imagine are on the sidelines waiting to invest once rig contracts are signed.
Also the increase of deramping on this board has been very noticable of late, Could they possibly be wanting a cheaper entry?
This is a big test for MB. Let's see what he comes up with tonight.
He hasn't exactly shown us any great leadership in the past 4 years.
It's been a unpredictable planning from 2018 till now
Was this the last of the placing shares dumped at 3.5p Friday?
Any price affecting news will need to be issued in the form of an RNs. So is it right to assume that if no RNS by 6pm then nothing new will be coming out of tonight's webinar?
https://www.marketwatch.com/investing/future/brn00?countrycode=uk
Being in Australia was too late to sign-up to the link.
Can't wait to wake-up tomorrow to see the reaction.
Depending on Mike's words could be boom or bust.
Need words like oil to start flowing on, drilling will commence on set date, farm-in complete for future wells then BOOM!!!
Words like we are still, we are hoping etc BUST!
Well why people sell at 3.6 after being at almost 5 few weeks ago without very likely JV and Brent at $120 is beyond me, yes we don’t have a rig yet (in 2019 they got it in April so plenty of time) and we are very close to producing oil from Heron 1, meanwhile JOG did 50% in a week on no news and no production in sight… funny market! I hope sentiment here will change if MB is confident and upbeat in todays interview, some details about the potential JV would be nice
look where the oil price is they shouldn't be messing around at least get heron 1 in production.
Ridiculous amount of time to get the ball rolling here, rig has still not been signed up.
Hiblue……..it’s called hedging my bets, there is always the possibility I have got it wrong and come tomorrow we will pass 5p. I like to think these BB’s are for everyone to share their views positive or negative. I have to admit though I do have a little giggle when all these rampers throw their toys out of the cot when someone has a negative view.
Even at 3p I am well in profit and if we do see it again I will start to add more.
aspers you keep spouting this going to 3p rubbish constantly and you claim to have 200,000 shares. Surely if you're so convinced it's going to 3p you would sell up and just buy back lower?
Or could it be you're just talking ****e trying to get your lower entry from your panic sell last week.
I take 'reach a conclusion early in the 2nd quarter' to mean April and, if no agreement, to proceed as planned with the 2022 drilling programme.
All this talk of doubt and delay. Really? ... they only wrote this 10 days ago!!
DQE International's suggested cooperation includes the possibility of payment from production revenue, partial payment in oil, and some risk sharing,” the company said.
“This is an intriguing proposal from Mongolia's most experienced service provider, and the parties have set up a working group to determine urgently how such a cooperation could work and to try and reach a conclusion early in the second quarter so that the 2022 drilling season is available for the implementation of any agreement reached.”
At the same time, Petro Matad said it was still progressing discussions with potential farminees, but the firm was funded for, and planned to implement, its operational programme in 2022 with or without a farm-in deal.
ID78………..I guess time will tell but as many keep saying until the oil is out of the ground and hitting the market it is very difficult to put a price on MATD.
If there is a delay this for sure will tank.
I hold 200,000 shares still but to be honest I do have concerns.
MB agreed to tomorrows presentation is to deflate the share price and tell everyone production is in 2035, once he buys some shovels (Hamm)
So yes, Aspers, 3p it is.
I really have had a laugh today. Thanks guys.